Triple-S Management Corp. (GTS) Reaches $24.37 After 6.00% Up Move; Precision Drilling (PDS) Shorts Decreased By 8.07%

October 12, 2017 - By olga

The stock of Triple-S Management Corp. (NYSE:GTS) is a huge mover today! About 54,892 shares traded. Triple-S Management Corp. (NYSE:GTS) has declined 25.70% since October 12, 2016 and is downtrending. It has underperformed by 42.40% the S&P500.The move comes after 6 months positive chart setup for the $594.86M company. It was reported on Oct, 12 by Barchart.com. We have $25.83 PT which if reached, will make NYSE:GTS worth $35.69M more.

Precision Drilling Corporation (NYSE:PDS) had a decrease of 8.07% in short interest. PDS’s SI was 16.75M shares in October as released by FINRA. Its down 8.07% from 18.22M shares previously. With 2.59 million avg volume, 7 days are for Precision Drilling Corporation (NYSE:PDS)’s short sellers to cover PDS’s short positions. The SI to Precision Drilling Corporation’s float is 5.74%. About 1.74M shares traded. Precision Drilling Corp (USA) (NYSE:PDS) has declined 14.25% since October 12, 2016 and is downtrending. It has underperformed by 30.95% the S&P500.

Among 19 analysts covering Precision Drilling Corporation (NYSE:PDS), 10 have Buy rating, 0 Sell and 9 Hold. Therefore 53% are positive. Precision Drilling Corporation had 49 analyst reports since July 24, 2015 according to SRatingsIntel. The company was upgraded on Monday, September 18 by PiperJaffray. The company was maintained on Friday, February 12 by RBC Capital Markets. Jefferies maintained the shares of PDS in report on Thursday, July 20 with “Buy” rating. As per Wednesday, April 26, the company rating was upgraded by Raymond James. Raymond James downgraded the stock to “Market Perform” rating in Tuesday, February 2 report. The rating was maintained by Jefferies with “Buy” on Tuesday, June 6. The firm has “Hold” rating by Jefferies given on Tuesday, September 6. The firm has “Outperform” rating given on Friday, October 23 by RBC Capital Markets. The stock of Precision Drilling Corp (USA) (NYSE:PDS) has “Buy” rating given on Tuesday, April 11 by Jefferies. The stock of Precision Drilling Corp (USA) (NYSE:PDS) earned “Buy” rating by Jefferies on Wednesday, August 2.

Precision Drilling Corporation is an oilfield services company. The company has market cap of $734.32 million. The Firm provides onshore drilling and completion and production services to exploration and production companies in the oil and natural gas industry. It currently has negative earnings. The Firm operates through two divisions: Contract Drilling Services, and Completion and Production Services.

Analysts await Triple-S Management Corp. (NYSE:GTS) to report earnings on November, 2. They expect $0.18 EPS, up 169.23% or $0.44 from last year’s $-0.26 per share. GTS’s profit will be $4.39 million for 33.85 P/E if the $0.18 EPS becomes a reality. After $0.39 actual EPS reported by Triple-S Management Corp. for the previous quarter, Wall Street now forecasts -53.85% negative EPS growth.

Investors sentiment increased to 0.91 in Q2 2017. Its up 0.03, from 0.88 in 2017Q1. It is positive, as 11 investors sold Triple-S Management Corp. shares while 33 reduced holdings. 14 funds opened positions while 26 raised stakes. 19.49 million shares or 0.40% less from 19.57 million shares in 2017Q1 were reported. 474,233 were accumulated by Aqr Cap Management Ltd Co. Spark Investment Management Ltd Llc holds 0.11% or 105,800 shares in its portfolio. Morgan Stanley invested 0% of its portfolio in Triple-S Management Corp. (NYSE:GTS). California State Teachers Retirement has invested 0% of its portfolio in Triple-S Management Corp. (NYSE:GTS). Goldman Sachs invested 0% of its portfolio in Triple-S Management Corp. (NYSE:GTS). State Bank Of Ny Mellon stated it has 137,671 shares or 0% of all its holdings. Great West Life Assurance Communications Can holds 0% of its portfolio in Triple-S Management Corp. (NYSE:GTS) for 4,009 shares. Federated Invsts Pa reported 0% stake. Renaissance Llc reported 0% in Triple-S Management Corp. (NYSE:GTS). First Quadrant Limited Partnership Ca invested 0% of its portfolio in Triple-S Management Corp. (NYSE:GTS). Loomis Sayles Limited Partnership reported 68 shares or 0% of all its holdings. Grantham Mayo Van Otterloo Ltd Llc owns 10,100 shares or 0% of their US portfolio. Panagora Asset Management holds 16,990 shares. Wells Fargo Mn owns 16,670 shares. Bnp Paribas Arbitrage stated it has 0% in Triple-S Management Corp. (NYSE:GTS).

Since May 23, 2017, it had 0 insider buys, and 1 sale for $19,536 activity. Diaz Juan J. had sold 1,200 shares worth $19,536.

Triple-S Management Corporation operates as a managed care company. The company has market cap of $594.86 million. The Firm offers a range of managed care and related products in the commercial, Medicaid and Medicare markets. It has a 32.03 P/E ratio. The Company’s divisions include Managed Care, Life Insurance, and Property and Casualty Insurance.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

>