Signify Health, Inc. (NYSE:SGFY) Shares Purchased by Nuveen Asset Management LLC

Nuveen Asset Management LLC increased its stake in shares of Signify Health, Inc. (NYSE:SGFY – Get Rating) by 170.2% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 551,666 shares of the company’s stock after purchasing an additional 347,492 shares during the period. Nuveen Asset Management LLC owned approximately 0.24% of Signify Health worth $16,081,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Advisor Group Holdings Inc. boosted its position in shares of Signify Health by 293.9% during the first quarter. Advisor Group Holdings Inc. now owns 2,198 shares of the company’s stock worth $40,000 after buying an additional 1,640 shares during the period. Federated Hermes Inc. acquired a new stake in Signify Health during the 1st quarter worth approximately $42,000. Tower Research Capital LLC TRC boosted its holdings in Signify Health by 172.1% in the third quarter. Tower Research Capital LLC TRC now owns 2,533 shares of the company’s stock valued at $74,000 after purchasing an additional 1,602 shares during the period. Macquarie Group Ltd. purchased a new stake in shares of Signify Health during the second quarter worth approximately $104,000. Finally, State Board of Administration of Florida Retirement System purchased a new position in Signify Health in the third quarter valued at $224,000. Institutional investors and hedge funds own 89.99% of the company’s stock.

Signify Health Price Performance

Shares of Signify Health stock opened at $28.53 on Monday. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.62 and a quick ratio of 1.62. Signify Health, Inc. has a 1 year low of $10.70 and a 1 year high of $29.88. The company’s fifty day moving average is $28.68 and its two-hundred day moving average is $28.68.

Analysts Set New Price Targets

Separately, TheStreet cut shares of Signify Health from a “c-” rating to a “d” rating in a report on Monday, February 13th. Ten research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $28.15.

Signify Health Company Profile

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Signify Health, Inc operates a healthcare platform that utilizes analytics, technology, and healthcare provider networks in the United States. The company operates through Home & Community Services and Episodes of Care Services segments. The Home & Community Services segment offers health evaluations performed within the patient's home or at a healthcare provider facility primarily to Medicare Advantage health plans; diagnostic screening and other ancillary services; and services to address healthcare concerns related to social determinants of health.