Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp Has $2.01 Million Holdings in Triple-S Management Corp. (NYSE:GTS)

Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp decreased its holdings in shares of Triple-S Management Corp. (NYSE:GTS) by 22.3% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 115,800 shares of the company’s stock after selling 33,300 shares during the period. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp owned approximately 0.50% of Triple-S Management worth $2,014,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of GTS. Bank of America Corp DE raised its stake in Triple-S Management by 15.9% in the 4th quarter. Bank of America Corp DE now owns 11,468 shares of the company’s stock valued at $199,000 after purchasing an additional 1,574 shares during the last quarter. Two Sigma Advisers LP raised its stake in Triple-S Management by 16.7% in the 4th quarter. Two Sigma Advisers LP now owns 166,735 shares of the company’s stock valued at $2,900,000 after purchasing an additional 23,799 shares during the last quarter. Two Sigma Investments LP raised its stake in Triple-S Management by 108.4% in the 4th quarter. Two Sigma Investments LP now owns 128,626 shares of the company’s stock valued at $2,237,000 after purchasing an additional 66,901 shares during the last quarter. Principal Financial Group Inc. acquired a new position in Triple-S Management in the 4th quarter valued at $187,000. Finally, Barclays PLC raised its stake in Triple-S Management by 3.4% in the 4th quarter. Barclays PLC now owns 23,542 shares of the company’s stock valued at $409,000 after purchasing an additional 775 shares during the last quarter. Institutional investors and hedge funds own 82.64% of the company’s stock.

NYSE:GTS traded down $0.12 during trading hours on Monday, hitting $22.71. The company had a trading volume of 47,181 shares, compared to its average volume of 116,675. The company has a quick ratio of 0.58, a current ratio of 0.58 and a debt-to-equity ratio of 0.04. The stock has a market cap of $532.17 million, a P/E ratio of -14.75, a PEG ratio of 1.19 and a beta of 0.47. Triple-S Management Corp. has a 1 year low of $15.45 and a 1 year high of $44.01.

Triple-S Management (NYSE:GTS) last issued its earnings results on Thursday, February 28th. The company reported $0.44 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.13 by $0.31. The company had revenue of $723.67 million during the quarter, compared to analysts’ expectations of $704.18 million. Triple-S Management had a positive return on equity of 1.44% and a negative net margin of 2.11%. On average, equities analysts anticipate that Triple-S Management Corp. will post 1.95 earnings per share for the current year.

Several research firms recently commented on GTS. Zacks Investment Research downgraded Triple-S Management from a “buy” rating to a “hold” rating in a research note on Wednesday, April 10th. ValuEngine downgraded Triple-S Management from a “buy” rating to a “hold” rating in a research note on Tuesday, March 26th. Finally, TheStreet upgraded Triple-S Management from a “d+” rating to a “c-” rating in a report on Friday, March 1st.

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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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Institutional Ownership by Quarter for Triple-S Management (NYSE:GTS)

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