Vanguard Personalized Indexing Management LLC Buys 12,104 Shares of Clover Health Investments, Corp. (NASDAQ:CLOV)

Vanguard Personalized Indexing Management LLC lifted its holdings in Clover Health Investments, Corp. (NASDAQ:CLOV) by 54.4% during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 34,372 shares of the company’s stock after buying an additional 12,104 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Clover Health Investments were worth $42,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Jaffetilchin Investment Partners LLC increased its stake in Clover Health Investments by 30.2% in the 1st quarter. Jaffetilchin Investment Partners LLC now owns 49,741 shares of the company’s stock worth $39,000 after acquiring an additional 11,550 shares during the last quarter. Viewpoint Capital Management LLC raised its stake in Clover Health Investments by 96.8% during the second quarter. Viewpoint Capital Management LLC now owns 30,500 shares of the company’s stock valued at $38,000 after buying an additional 15,000 shares during the last quarter. SignalPoint Asset Management LLC boosted its stake in Clover Health Investments by 40.3% in the 1st quarter. SignalPoint Asset Management LLC now owns 139,366 shares of the company’s stock worth $111,000 after purchasing an additional 40,000 shares in the last quarter. Allspring Global Investments Holdings LLC grew its holdings in shares of Clover Health Investments by 151.2% during the first quarter. Allspring Global Investments Holdings LLC now owns 77,948 shares of the company’s stock valued at $62,000 after buying an additional 46,912 shares during the last quarter. Finally, Jacobs Levy Equity Management Inc. bought a new position in Clover Health Investments in the 1st quarter valued at approximately $91,000. Hedge funds and other institutional investors own 19.77% of the company’s stock.

Clover Health Investments Trading Down 1.4 %

Shares of CLOV stock opened at $2.78 on Wednesday. Clover Health Investments, Corp. has a 12-month low of $0.61 and a 12-month high of $3.82. The stock has a market capitalization of $1.38 billion, a P/E ratio of -8.18 and a beta of 2.13. The firm’s 50 day moving average is $2.57 and its 200 day moving average is $1.55.

Clover Health Investments (NASDAQ:CLOV) last released its quarterly earnings data on Monday, August 5th. The company reported $0.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.05. Clover Health Investments had a negative return on equity of 36.55% and a negative net margin of 7.30%. The business had revenue of $356.26 million for the quarter, compared to the consensus estimate of $338.70 million. During the same quarter in the previous year, the company posted ($0.06) EPS. As a group, equities analysts predict that Clover Health Investments, Corp. will post -0.13 earnings per share for the current year.

Clover Health Investments Profile

Clover Health Investments, Corp. provides medicare advantage plans in the United States. It operates through two segments: Insurance and Non-Insurance. It also offers Clover Assistant, a cloud-based software platform, that enables physicians to detect, identify, and manage chronic diseases earlier; and access to data-driven and personalized insights for the patients they treat.