Louisiana State Employees Retirement System Purchases Shares of 17,900 Trupanion, Inc. (NASDAQ:TRUP)

Louisiana State Employees Retirement System acquired a new stake in shares of Trupanion, Inc. (NASDAQ:TRUP) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 17,900 shares of the financial services provider’s stock, valued at approximately $546,000.

A number of other institutional investors have also recently made changes to their positions in TRUP. Mirae Asset Global Investments Co. Ltd. boosted its position in shares of Trupanion by 5.5% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 18,120 shares of the financial services provider’s stock valued at $553,000 after acquiring an additional 948 shares during the last quarter. AdvisorNet Financial Inc raised its stake in Trupanion by 94.1% during the fourth quarter. AdvisorNet Financial Inc now owns 13,410 shares of the financial services provider’s stock valued at $409,000 after purchasing an additional 6,500 shares in the last quarter. SG Americas Securities LLC lifted its position in Trupanion by 103.1% during the fourth quarter. SG Americas Securities LLC now owns 18,819 shares of the financial services provider’s stock valued at $574,000 after purchasing an additional 9,551 shares during the last quarter. Nordea Investment Management AB grew its stake in shares of Trupanion by 247.4% in the 4th quarter. Nordea Investment Management AB now owns 37,268 shares of the financial services provider’s stock worth $1,126,000 after buying an additional 26,540 shares in the last quarter. Finally, Wellington Management Group LLP increased its holdings in shares of Trupanion by 5.3% in the 3rd quarter. Wellington Management Group LLP now owns 1,823,530 shares of the financial services provider’s stock worth $51,424,000 after buying an additional 91,895 shares during the last quarter.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the company. Evercore ISI dropped their price target on Trupanion from $35.00 to $31.00 and set an “outperform” rating for the company in a research report on Tuesday, February 20th. Piper Sandler decreased their price target on Trupanion from $32.00 to $28.00 and set a “neutral” rating on the stock in a report on Friday, April 5th. Finally, Stifel Nicolaus raised their price target on Trupanion from $25.00 to $28.00 and gave the stock a “hold” rating in a research report on Friday, February 16th. Four analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $33.20.

Trupanion Trading Down 0.5 %

NASDAQ TRUP opened at $24.00 on Tuesday. Trupanion, Inc. has a one year low of $18.45 and a one year high of $37.71. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.63 and a current ratio of 1.63. The company has a market capitalization of $1.00 billion, a price-to-earnings ratio of -22.22 and a beta of 1.71. The company’s 50-day simple moving average is $25.72 and its two-hundred day simple moving average is $26.83.

Trupanion (NASDAQ:TRUP) last released its quarterly earnings data on Thursday, February 15th. The financial services provider reported ($0.05) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.18) by $0.13. The firm had revenue of $295.50 million for the quarter, compared to the consensus estimate of $289.84 million. Trupanion had a negative net margin of 4.03% and a negative return on equity of 15.19%. The company’s quarterly revenue was up 20.1% on a year-over-year basis. During the same period last year, the firm earned ($0.23) earnings per share. Equities analysts forecast that Trupanion, Inc. will post -0.43 EPS for the current fiscal year.

About Trupanion

Trupanion, Inc, together with its subsidiaries, provides medical insurance for cats and dogs on a monthly subscription basis in the United States, Canada, Continental Europe, and Australia. The company operates in two segments, Subscription Business and Other Business. It serves pet owners and veterinarians.