Are Analysts Bullish Torchmark Corporation (NYSE:TMK) After Last Week?

November 10, 2018 - By Ann Prendergast

Investors sentiment decreased to 0.9 in Q2 2018. Its down 0.01, from 0.91 in 2018Q1. It dived, as 35 investors sold Torchmark Corporation shares while 138 reduced holdings. 35 funds opened positions while 121 raised stakes. 80.52 million shares or 0.31% more from 80.28 million shares in 2018Q1 were reported.
Sun Life Financial holds 0% in Torchmark Corporation (NYSE:TMK) or 286 shares. Employees Retirement System Of Texas owns 8,000 shares. Prudential Fincl holds 117,752 shares. Victory Capital owns 400,794 shares. Foster Motley owns 4,976 shares. Meiji Yasuda Life Insurance invested 0.06% in Torchmark Corporation (NYSE:TMK). 4,410 are owned by Punch And Inv Mgmt Inc. Washington Trust reported 225 shares. Baystate Wealth Ltd Llc has 0% invested in Torchmark Corporation (NYSE:TMK). 750 were accumulated by Loring Wolcott Coolidge Fiduciary Advisors Limited Liability Partnership Ma. Goldman Sachs Gru holds 0.04% in Torchmark Corporation (NYSE:TMK) or 1.97 million shares. Alabama-based Andra Ap has invested 0.26% in Torchmark Corporation (NYSE:TMK). Signaturefd Lc holds 0.02% or 1,857 shares. Td Asset Mgmt Incorporated holds 0.1% in Torchmark Corporation (NYSE:TMK) or 800,613 shares. Envestnet Asset Mgmt Inc has 0% invested in Torchmark Corporation (NYSE:TMK).

Since May 17, 2018, it had 0 insider purchases, and 17 sales for $40.33 million activity. On Monday, August 27 the insider COLEMAN GARY L sold $2.17M. Shares for $26,021 were sold by INGRAM ROBERT W. SVOBODA FRANK M sold 12,375 shares worth $1.06M. The insider DICHIARO STEVEN JOHN sold $1.30 million. 187,500 Torchmark Corporation (NYSE:TMK) shares with value of $16.52 million were sold by LEAVELL BILL. $35,641 worth of Torchmark Corporation (NYSE:TMK) was sold by ZUCCONI PAUL J on Wednesday, September 5.

Torchmark Corporation (NYSE:TMK) Ratings Coverage

Among 3 analysts covering Torchmark (NYSE:TMK), 0 have Buy rating, 2 Sell and 1 Hold. Therefore 0 are positive. Torchmark had 3 analyst reports since July 26, 2018 according to SRatingsIntel. SunTrust maintained the shares of TMK in report on Monday, October 29 with “Hold” rating. The firm has “Sell” rating given on Monday, September 10 by Goldman Sachs. On Thursday, July 26 the stock rating was maintained by Morgan Stanley with “Underweight”. Below is a list of Torchmark Corporation (NYSE:TMK) latest ratings and price target changes.

29/10/2018 Broker: SunTrust Old Rating: Hold New Rating: Hold Old Target: $89 New Target: $84 Maintain
10/09/2018 Broker: Goldman Sachs Old Rating: Neutral New Rating: Sell Old Target: $92 New Target: $78 Downgrade
26/07/2018 Broker: Morgan Stanley Old Rating: Underweight New Rating: Underweight Old Target: $80 New Target: $81 Maintain

The stock decreased 0.65% or $0.57 during the last trading session, reaching $86.92. About 567,936 shares traded or 5.47% up from the average. Torchmark Corporation (NYSE:TMK) has risen 8.37% since November 10, 2017 and is uptrending. It has underperformed by 7.25% the S&P500.

Torchmark Corporation, through its subsidiaries, provides various life and health insurance products, and annuities in the United States, Canada, and New Zealand. The company has market cap of $9.76 billion. It operates through Life Insurance, Health Insurance, and Annuities divisions. It has a 6.62 P/E ratio. The Life Insurance segment offers life insurance products, including traditional and interest-sensitive whole life and term life insurance, and other life insurance.

Another recent and important Torchmark Corporation (NYSE:TMK) news was published by which published an article titled: “Torchmark Corporation (TMK) Q3 2018 Results – Earnings Call Transcript” on October 25, 2018.

Torchmark Corporation (NYSE:TMK) Institutional Positions Chart

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