ValuEngine upgraded shares of Triple-S Management (NYSE:GTS) from a hold rating to a buy rating in a research note published on Friday.

Separately, Zacks Investment Research lowered shares of Triple-S Management from a buy rating to a hold rating in a research note on Friday, October 27th. Three analysts have rated the stock with a hold rating and one has issued a buy rating to the company. The company presently has an average rating of Hold and an average price target of $25.50.

Triple-S Management (GTS) opened at $23.57 on Friday. The firm has a market cap of $570.78, a PE ratio of 13.47, a PEG ratio of 1.27 and a beta of 0.34. Triple-S Management has a 52 week low of $15.05 and a 52 week high of $29.43. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.78 and a current ratio of 0.78.

Triple-S Management (NYSE:GTS) last released its quarterly earnings data on Thursday, November 9th. The company reported $0.77 earnings per share for the quarter, topping the consensus estimate of $0.18 by $0.59. Triple-S Management had a net margin of 1.44% and a return on equity of 3.05%. The company had revenue of $731.00 million for the quarter, compared to analyst estimates of $728.66 million. During the same period in the previous year, the business earned ($0.26) EPS. Triple-S Management’s revenue for the quarter was down 1.0% compared to the same quarter last year. research analysts predict that Triple-S Management will post 1.23 earnings per share for the current fiscal year.

In related news, insider Iraida T. Ojeda-Castro sold 1,667 shares of the company’s stock in a transaction dated Monday, November 27th. The shares were sold at an average price of $27.51, for a total value of $45,859.17. Following the transaction, the insider now owns 8,445 shares in the company, valued at approximately $232,321.95. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. 1.52% of the stock is currently owned by corporate insiders.

Institutional investors and hedge funds have recently made changes to their positions in the stock. SG Americas Securities LLC acquired a new position in Triple-S Management in the 3rd quarter valued at about $148,000. Public Employees Retirement System of Ohio grew its stake in Triple-S Management by 20.7% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 7,030 shares of the company’s stock valued at $119,000 after buying an additional 1,204 shares during the last quarter. Smith Asset Management Group LP acquired a new position in Triple-S Management in the 3rd quarter valued at about $194,000. Nine Chapters Capital Management LLC acquired a new position in Triple-S Management in the 3rd quarter valued at about $211,000. Finally, Arrowstreet Capital Limited Partnership acquired a new position in Triple-S Management in the 2nd quarter valued at about $187,000. Institutional investors and hedge funds own 84.93% of the company’s stock.

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About Triple-S Management

Triple-S Management Corporation operates as a managed care company. The Company offers a range of managed care and related products in the commercial, Medicaid and Medicare markets. The Company’s segments include Managed Care, Life Insurance, and Property and Casualty Insurance. The Managed Care segment is engaged in the sale of managed care products to the Commercial, Medicare and Medicaid market sectors.

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