CNA Financial Corp trimmed its holdings in shares of Triple-S Management Corp. (NYSE:GTS) by 11.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 44,017 shares of the company’s stock after selling 5,524 shares during the period. CNA Financial Corp’s holdings in Triple-S Management were worth $1,094,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of GTS. Public Employees Retirement System of Ohio boosted its position in Triple-S Management by 20.7% during the second 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 period. SG Americas Securities LLC purchased a new stake in Triple-S Management during the third quarter valued at about $148,000. Arrowstreet Capital Limited Partnership purchased a new stake in Triple-S Management during the second quarter valued at about $187,000. Smith Asset Management Group LP purchased a new stake in Triple-S Management during the third quarter valued at about $194,000. Finally, Teacher Retirement System of Texas purchased a new stake in Triple-S Management during the fourth quarter valued at about $202,000. Institutional investors and hedge funds own 84.33% of the company’s stock.

Shares of Triple-S Management Corp. (GTS) opened at $24.11 on Wednesday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.78 and a current ratio of 0.78. The firm has a market cap of $570.99, a PE ratio of 21.72, a PEG ratio of 1.27 and a beta of 0.34. Triple-S Management Corp. has a 1-year low of $15.05 and a 1-year high of $29.43.

Several analysts have issued reports on the stock. ValuEngine upgraded shares of Triple-S Management from a “hold” rating to a “buy” rating in a research report on Friday, February 2nd. Zacks Investment Research lowered shares of Triple-S Management from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 10th. Three research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $25.50.

In other news, insider Iraida T. Ojeda-Castro sold 1,667 shares of the stock in a transaction dated Monday, November 27th. The shares were sold at an average price of $27.51, for a total transaction of $45,859.17. Following the completion of the sale, the insider now directly owns 8,445 shares in the company, valued at $232,321.95. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 1.52% of the company’s stock.

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Triple-S Management Profile

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

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