Triple-S Management (NYSE:GTS) was downgraded by equities researchers at ValuEngine from a “buy” rating to a “hold” rating in a research report issued on Tuesday.

GTS has been the topic of a number of other research reports. Zacks Investment Research upgraded Triple-S Management from a “hold” rating to a “buy” rating and set a $28.00 target price on the stock in a report on Saturday, March 2nd. TheStreet upgraded Triple-S Management from a “d+” rating to a “c-” rating in a report on Friday, March 1st.

GTS stock opened at $22.90 on Tuesday. Triple-S Management has a twelve month low of $15.45 and a twelve month high of $44.01. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.58 and a current ratio of 0.58. The company has a market capitalization of $574.31 million, a PE ratio of -14.87, a P/E/G ratio of 1.26 and a beta of 0.49.

Triple-S Management (NYSE:GTS) last posted its earnings results on Thursday, February 28th. The company reported $0.44 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.13 by $0.31. Triple-S Management had a positive return on equity of 1.44% and a negative net margin of 2.11%. Equities research analysts anticipate that Triple-S Management will post 1.95 EPS for the current fiscal year.

A number of institutional investors have recently modified their holdings of GTS. JPMorgan Chase & Co. lifted its holdings in Triple-S Management by 70.6% during the third quarter. JPMorgan Chase & Co. now owns 979,969 shares of the company’s stock worth $18,512,000 after acquiring an additional 405,659 shares during the period. Morgan Stanley lifted its holdings in Triple-S Management by 118.9% during the third quarter. Morgan Stanley now owns 327,741 shares of the company’s stock worth $6,190,000 after acquiring an additional 178,025 shares during the period. AQR Capital Management LLC lifted its holdings in Triple-S Management by 28.9% during the third quarter. AQR Capital Management LLC now owns 709,053 shares of the company’s stock worth $13,394,000 after acquiring an additional 158,830 shares during the period. BlackRock Inc. lifted its holdings in Triple-S Management by 7.4% during the third quarter. BlackRock Inc. now owns 1,738,836 shares of the company’s stock worth $32,846,000 after acquiring an additional 120,284 shares during the period. Finally, Renaissance Technologies LLC lifted its holdings in Triple-S Management by 78.9% during the third quarter. Renaissance Technologies LLC now owns 218,200 shares of the company’s stock worth $4,122,000 after acquiring an additional 96,200 shares during the period. Institutional investors and hedge funds own 83.97% of the company’s stock.

About Triple-S Management

Triple-S Management Corporation, through its subsidiaries, provides a portfolio of managed care and related products in the commercial, Medicare Advantage, and Medicaid markets. It operates through three segments: Managed Care, Life Insurance, and Property and Casualty Insurance. The company offers various managed care products, including health maintenance organization plans; preferred provider organization plans; BlueCard program; Medicare Supplement products; Medicare Advantage products; Medicaid plans; and claims processing and other administrative services to employers, professional and trade associations, individuals, and government entities.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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