Teladoc Inc (NYSE:TDOC) Holdings Reduced by Jaffetilchin Investment Partners LLC

Jaffetilchin Investment Partners LLC lessened its stake in Teladoc Inc (NYSE:TDOC) by 44.1% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 24,683 shares of the health services provider’s stock after selling 19,437 shares during the quarter. Jaffetilchin Investment Partners LLC’s holdings in Teladoc were worth $860,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Schwab Charles Investment Management Inc. raised its holdings in shares of Teladoc by 34.5% during the second quarter. Schwab Charles Investment Management Inc. now owns 198,264 shares of the health services provider’s stock valued at $6,880,000 after acquiring an additional 50,899 shares during the last quarter. Rhumbline Advisers grew its position in shares of Teladoc by 141.6% in the second quarter. Rhumbline Advisers now owns 59,930 shares of the health services provider’s stock valued at $2,080,000 after purchasing an additional 35,120 shares in the last quarter. Bank of New York Mellon Corp grew its position in shares of Teladoc by 22.9% in the second quarter. Bank of New York Mellon Corp now owns 279,392 shares of the health services provider’s stock valued at $9,695,000 after purchasing an additional 52,032 shares in the last quarter. Legal & General Group Plc grew its position in shares of Teladoc by 117.8% in the second quarter. Legal & General Group Plc now owns 13,364 shares of the health services provider’s stock valued at $466,000 after purchasing an additional 7,227 shares in the last quarter. Finally, BNP Paribas Arbitrage SA grew its position in shares of Teladoc by 846.6% in the second quarter. BNP Paribas Arbitrage SA now owns 6,276 shares of the health services provider’s stock valued at $218,000 after purchasing an additional 5,613 shares in the last quarter.

Teladoc Inc (NYSE TDOC) traded down $1.75 during midday trading on Friday, hitting $35.30. The company had a trading volume of 1,346,196 shares, compared to its average volume of 1,293,191. The company has a debt-to-equity ratio of 0.83, a quick ratio of 5.08 and a current ratio of 5.08. Teladoc Inc has a 52-week low of $19.60 and a 52-week high of $38.40. The stock has a market capitalization of $2,240.00 and a price-to-earnings ratio of -24.34.

In other news, CEO Jason N. Gorevic sold 100,000 shares of Teladoc stock in a transaction that occurred on Monday, December 4th. The shares were sold at an average price of $32.99, for a total transaction of $3,299,000.00. Following the completion of the sale, the chief executive officer now directly owns 718,261 shares in the company, valued at approximately $23,695,430.39. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CFO Mark Hirschhorn sold 30,000 shares of Teladoc stock in a transaction that occurred on Monday, December 4th. The shares were sold at an average price of $32.99, for a total transaction of $989,700.00. Following the sale, the chief financial officer now owns 5,203 shares of the company’s stock, valued at $171,646.97. The disclosure for this sale can be found here. Company insiders own 4.47% of the company’s stock.

Several research analysts recently weighed in on TDOC shares. Deutsche Bank started coverage on Teladoc in a research report on Friday, December 8th. They issued a “buy” rating and a $39.00 price objective for the company. KeyCorp restated a “buy” rating and set a $39.00 price target on shares of Teladoc in a research note on Monday, December 4th. Canaccord Genuity set a $42.00 price target on Teladoc and gave the stock a “buy” rating in a research note on Friday, November 17th. SunTrust Banks restated a “buy” rating and set a $40.00 price target on shares of Teladoc in a research note on Friday, November 3rd. Finally, Jefferies Group started coverage on Teladoc in a research note on Friday, January 26th. They issued a “buy” rating and a $40.00 price objective on the stock. One analyst has rated the stock with a sell rating, five have given a hold rating and twelve have given a buy rating to the stock. The stock has an average rating of “Buy” and an average target price of $39.43.

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About Teladoc

Teladoc, Inc is a telehealth company. The Company offers telehealth platform, delivering on-demand healthcare anytime, anywhere, through mobile devices, the Internet, video and phone. The Company’s solution connects its Members, with its over 3,000 board certified physicians and behavioral health professionals treating a range of conditions and cases from acute diagnoses, such as upper respiratory infection, urinary tract infection and sinusitis to dermatological conditions, anxiety and smoking cessation.

Institutional Ownership by Quarter for Teladoc (NYSE:TDOC)

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