SG Americas Securities LLC Purchases Shares of 15,731 Triple-S Management Co. (NYSE:GTS)

SG Americas Securities LLC purchased a new stake in Triple-S Management Co. (NYSE:GTS) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 15,731 shares of the company’s stock, valued at approximately $556,000. SG Americas Securities LLC owned 0.07% of Triple-S Management as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in GTS. Invenomic Capital Management LP lifted its position in shares of Triple-S Management by 128.1% during the 2nd quarter. Invenomic Capital Management LP now owns 227,613 shares of the company’s stock worth $5,069,000 after purchasing an additional 127,828 shares during the last quarter. State Street Corp raised its stake in Triple-S Management by 10.6% during the 2nd quarter. State Street Corp now owns 593,426 shares of the company’s stock worth $13,216,000 after acquiring an additional 56,738 shares in the last quarter. Lakewood Capital Management LP raised its stake in Triple-S Management by 5.6% during the 2nd quarter. Lakewood Capital Management LP now owns 716,336 shares of the company’s stock worth $15,953,000 after acquiring an additional 38,141 shares in the last quarter. Bridgeway Capital Management LLC increased its stake in Triple-S Management by 16.1% in the second quarter. Bridgeway Capital Management LLC now owns 252,617 shares of the company’s stock valued at $5,626,000 after purchasing an additional 35,000 shares during the period. Finally, Goldman Sachs Group Inc. increased its stake in Triple-S Management by 98.4% in the second quarter. Goldman Sachs Group Inc. now owns 69,922 shares of the company’s stock valued at $1,557,000 after purchasing an additional 34,682 shares during the period. 78.60% of the stock is owned by institutional investors and hedge funds.

Shares of NYSE:GTS opened at $35.64 on Friday. The company has a market cap of $848.05 million, a price-to-earnings ratio of 10.24 and a beta of 0.73. The firm’s 50-day simple moving average is $35.63 and its 200-day simple moving average is $31.57. The company has a quick ratio of 0.48, a current ratio of 0.48 and a debt-to-equity ratio of 0.05. Triple-S Management Co. has a fifty-two week low of $22.01 and a fifty-two week high of $36.33.

Triple-S Management (NYSE:GTS) last released its quarterly earnings data on Thursday, November 4th. The company reported $0.41 EPS for the quarter. The firm had revenue of $1.05 billion for the quarter. Triple-S Management had a net margin of 1.97% and a return on equity of 4.02%.

Triple-S Management Company Profile

Triple-S Management Corp. is a holding company, which engages in the provision of health insurance services. It operates through the following business segments: Managed Care; Life Insurance; Property and Casualty Insurance; and Other. The Managed Care segment sells managed care products to commercial, Medicare, and Medicaid market sectors.

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

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