Health Insurance Innovations Inc (NASDAQ:HIIQ): Institutional Investor Sentiment Down to 1.33

Health Insurance Innovations, Inc. (NASDAQ:HIIQ) Logo

Sentiment for Health Insurance Innovations Inc (NASDAQ:HIIQ)

Health Insurance Innovations Inc (NASDAQ:HIIQ) institutional sentiment decreased to 1.33 in Q3 2018. Its down -0.65, from 1.98 in 2018Q2. The ratio is negative, as 81 funds started new or increased holdings, while 61 reduced and sold their equity positions in Health Insurance Innovations Inc. The funds in our partner’s database now have: 12.18 million shares, down from 12.89 million shares in 2018Q2. Also, the number of funds holding Health Insurance Innovations Inc in their top 10 holdings increased from 2 to 5 for an increase of 3. Sold All: 29 Reduced: 32 Increased: 40 New Position: 41.

Health Insurance Innovations, Inc. operates as a developer, distributor, and administrator of cloud individual health and family insurance plans, and supplemental products in the United States. The company has market cap of $492.31 million. The firm offers short-term medical plans that cover individuals for up to 364 days with various deductible and copay levels; hospital indemnity plans, which provide daily cash benefit for hospital treatment and doctor office visits, as well as accidental injury and death or dismemberment benefits; and supplemental insurance products comprising pharmacy benefit cards, dental plans, vision plans, and cancer/critical illness plans, as well as deductible and gap protection plans, and life insurance policies. It has a 29.06 P/E ratio. It creates and structures individual health and family insurance plans, and supplemental products on behalf of insurance carriers and discount benefit providers; and market them to individuals through a network of distributors.

The stock decreased 2.64% or $0.83 during the last trading session, reaching $30.66. About 118,016 shares traded. Health Insurance Innovations, Inc. (NASDAQ:HIIQ) has risen 48.50% since January 14, 2018 and is uptrending. It has outperformed by 48.50% the S&P500.

Analysts await Health Insurance Innovations, Inc. (NASDAQ:HIIQ) to report earnings on February, 27. They expect $0.59 EPS, up 126.92 % or $0.33 from last year’s $0.26 per share. HIIQ’s profit will be $9.47 million for 12.99 P/E if the $0.59 EPS becomes a reality. After $0.41 actual EPS reported by Health Insurance Innovations, Inc. for the previous quarter, Wall Street now forecasts 43.90 % EPS growth.

Lyon Street Capital Llc holds 9.53% of its portfolio in Health Insurance Innovations, Inc. for 248,245 shares. Cannell Capital Llc owns 466,007 shares or 7.63% of their US portfolio. Moreover, Tieton Capital Management Llc has 6.39% invested in the company for 130,010 shares. The New York-based P2 Capital Partners Llc has invested 4.59% in the stock. Ashford Capital Management Inc, a Delaware-based fund reported 561,188 shares.

Since January 1, 0001, it had 1 buy, and 1 insider sale for $52,510 activity.

Health Insurance Innovations, Inc. (NASDAQ:HIIQ) Ratings Coverage

Ratings analysis reveals 100% of Health Insurance’s analysts are positive. Out of 2 Wall Street analysts rating Health Insurance, 2 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $50 while the high is $60. The stock’s average target of $55 is 79.39% above today’s ($30.66) share price. HIIQ was included in 3 notes of analysts from August 7, 2018. The firm earned “Buy” rating on Tuesday, August 7 by FBR Capital. As per Thursday, September 27, the company rating was maintained by FBR Capital. The firm earned “Outperform” rating on Friday, December 14 by Raymond James.

Health Insurance Innovations, Inc. (NASDAQ:HIIQ) Institutional Positions Chart

(adsbygoogle = window.adsbygoogle || []).push({});

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.