TheStreet cut shares of Triple-S Management (NYSE:GTS) from a b rating to a c+ rating in a research report report published on Monday, TheStreetRatingsTable reports.

Several other research analysts also recently issued reports on the company. Zacks Investment Research downgraded Triple-S Management from a buy rating to a hold rating in a research note on Saturday, August 10th. ValuEngine downgraded Triple-S Management from a sell rating to a strong sell rating in a research note on Wednesday, September 4th.

Triple-S Management stock opened at $18.05 on Monday. Triple-S Management has a one year low of $15.45 and a one year high of $27.86. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.62 and a current ratio of 0.62. The business has a fifty day moving average of $22.49 and a two-hundred day moving average of $23.69. The company has a market cap of $430.82 million, a P/E ratio of -12.28, a price-to-earnings-growth ratio of 0.74 and a beta of 0.26.

Triple-S Management (NYSE:GTS) last released its earnings results on Thursday, August 8th. The company reported $1.12 EPS for the quarter, beating analysts’ consensus estimates of $0.42 by $0.70. The company had revenue of $878.60 million during the quarter, compared to the consensus estimate of $792.75 million. Triple-S Management had a return on equity of 3.63% and a net margin of 1.17%. Triple-S Management’s quarterly revenue was up 15.1% compared to the same quarter last year. During the same quarter last year, the company earned $0.44 earnings per share. Sell-side analysts predict that Triple-S Management will post 2.5 EPS for the current year.

Several large investors have recently added to or reduced their stakes in GTS. Pzena Investment Management LLC raised its stake in Triple-S Management by 2.2% in the 2nd quarter. Pzena Investment Management LLC now owns 1,365,603 shares of the company’s stock valued at $32,570,000 after purchasing an additional 29,707 shares during the last quarter. Heartland Advisors Inc. raised its stake in Triple-S Management by 12.4% in the 2nd quarter. Heartland Advisors Inc. now owns 602,733 shares of the company’s stock valued at $14,375,000 after purchasing an additional 66,438 shares during the last quarter. Renaissance Technologies LLC raised its stake in Triple-S Management by 13.6% in the 2nd quarter. Renaissance Technologies LLC now owns 372,700 shares of the company’s stock valued at $8,889,000 after purchasing an additional 44,700 shares during the last quarter. Morgan Stanley raised its stake in Triple-S Management by 29.7% in the 2nd quarter. Morgan Stanley now owns 283,471 shares of the company’s stock valued at $6,761,000 after purchasing an additional 64,991 shares during the last quarter. Finally, Nuveen Asset Management LLC acquired a new position in Triple-S Management in the 2nd quarter valued at about $5,580,000. 81.59% of the stock is owned by institutional investors and hedge funds.

Triple-S Management Company Profile

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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