Tiptree Financial Inc. $TIPT Shares Bought by Tudor Investment Corp ET AL

Tudor Investment Corp ET AL raised its stake in Tiptree Financial Inc. (NASDAQ:TIPT) by 221.0% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 80,753 shares of the financial services provider’s stock after buying an additional 55,599 shares during the period. Tudor Investment Corp ET AL owned approximately 0.21% of Tiptree Financial worth $1,548,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of TIPT. SkyView Investment Advisors LLC raised its holdings in shares of Tiptree Financial by 1.9% in the second quarter. SkyView Investment Advisors LLC now owns 27,280 shares of the financial services provider’s stock worth $669,000 after acquiring an additional 508 shares during the last quarter. Creative Planning increased its position in Tiptree Financial by 6.0% during the 3rd quarter. Creative Planning now owns 10,667 shares of the financial services provider’s stock worth $204,000 after purchasing an additional 605 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Tiptree Financial by 4.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,055 shares of the financial services provider’s stock worth $363,000 after purchasing an additional 624 shares in the last quarter. Royal Bank of Canada raised its stake in Tiptree Financial by 8.3% in the 1st quarter. Royal Bank of Canada now owns 10,107 shares of the financial services provider’s stock valued at $243,000 after purchasing an additional 775 shares during the last quarter. Finally, Qube Research & Technologies Ltd raised its stake in Tiptree Financial by 0.8% in the 3rd quarter. Qube Research & Technologies Ltd now owns 125,921 shares of the financial services provider’s stock valued at $2,414,000 after purchasing an additional 982 shares during the last quarter. 37.78% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the stock. Weiss Ratings restated a “hold (c+)” rating on shares of Tiptree Financial in a report on Monday, December 29th. Wall Street Zen lowered shares of Tiptree Financial from a “hold” rating to a “sell” rating in a research report on Saturday, March 14th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has a consensus rating of “Hold”.

Insider Buying and Selling at Tiptree Financial

In related news, CFO Scott T. Mckinney acquired 2,600 shares of the business’s stock in a transaction dated Wednesday, March 11th. The shares were acquired at an average cost of $16.15 per share, for a total transaction of $41,990.00. Following the acquisition, the chief financial officer directly owned 2,768 shares in the company, valued at approximately $44,703.20. The trade was a 1,547.62% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. 31.91% of the stock is currently owned by insiders.

Tiptree Financial Stock Performance

Tiptree Financial stock opened at $16.67 on Monday. The firm has a market capitalization of $631.46 million, a P/E ratio of 24.88 and a beta of 1.23. The stock has a fifty day moving average price of $17.00 and a 200 day moving average price of $18.20. Tiptree Financial Inc. has a 52 week low of $15.49 and a 52 week high of $27.41. The company has a current ratio of 6.45, a quick ratio of 6.45 and a debt-to-equity ratio of 0.08.

Tiptree Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 23rd. Stockholders of record on Monday, March 16th were paid a dividend of $0.06 per share. The ex-dividend date of this dividend was Monday, March 16th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.4%. Tiptree Financial’s dividend payout ratio is currently 35.82%.

About Tiptree Financial

Tiptree Financial, Inc (NASDAQ: TIPT) is a specialty finance company that provides working capital solutions to small and medium-sized enterprises. Through its wholly owned subsidiary, Tiptree Finance LLC, the company focuses on asset-based lending, accounts receivable financing, and supply chain finance. Tiptree’s model is designed to help businesses manage cash flow, support growth initiatives, and optimize their balance sheets by unlocking liquidity tied up in receivables and inventory.

The company’s core services include invoice factoring and purchase order financing.