Rathbone Brothers plc held its position in Trupanion Inc (NYSE:TRUP) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 50,000 shares of the financial services provider’s stock at the close of the 2nd quarter. Rathbone Brothers plc owned 0.17% of Trupanion worth $1,119,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also bought and sold shares of TRUP. Teachers Advisors LLC boosted its holdings in Trupanion by 31.9% in the 4th quarter. Teachers Advisors LLC now owns 42,725 shares of the financial services provider’s stock worth $663,000 after acquiring an additional 10,340 shares during the period. Bank of New York Mellon Corp boosted its stake in shares of Trupanion by 14.1% during the 1st quarter. Bank of New York Mellon Corp now owns 56,991 shares of the financial services provider’s stock valued at $811,000 after buying an additional 7,054 shares during the last quarter. American International Group Inc. boosted its stake in shares of Trupanion by 7.1% during the 1st quarter. American International Group Inc. now owns 8,864 shares of the financial services provider’s stock valued at $126,000 after buying an additional 588 shares during the last quarter. Dynamic Technology Lab Private Ltd purchased a new position in shares of Trupanion during the 1st quarter valued at approximately $194,000. Finally, Jupiter Asset Management Ltd. boosted its stake in shares of Trupanion by 41.5% during the 1st quarter. Jupiter Asset Management Ltd. now owns 290,000 shares of the financial services provider’s stock valued at $4,124,000 after buying an additional 85,000 shares during the last quarter.
In related news, insider Darryl Rawlings sold 3,500 shares of the firm’s stock in a transaction on Thursday, June 22nd. The stock was sold at an average price of $21.28, for a total transaction of $74,480.00. Following the sale, the insider now owns 1,467,005 shares of the company’s stock, valued at approximately $31,217,866.40. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Asher Bearman sold 10,900 shares of the firm’s stock in a transaction on Monday, August 14th. The shares were sold at an average price of $22.83, for a total value of $248,847.00. Following the sale, the insider now directly owns 11,539 shares in the company, valued at approximately $263,435.37. The disclosure for this sale can be found here. In the last ninety days, insiders sold 54,052 shares of company stock worth $1,220,809.
Several equities analysts have recently commented on TRUP shares. Cowen and Company reiterated an “outperform” rating and set a $28.00 target price (up from $19.00) on shares of Trupanion in a research note on Wednesday, August 2nd. Royal Bank Of Canada raised their price objective on Trupanion from $19.00 to $26.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 2nd. Stifel Nicolaus restated a “buy” rating and set a $24.00 price objective (up from $18.00) on shares of Trupanion in a research note on Wednesday, August 2nd. Northland Securities set a $23.00 price objective on Trupanion and gave the stock a “buy” rating in a research note on Thursday, July 6th. Finally, ValuEngine upgraded Trupanion from a “sell” rating to a “hold” rating in a research note on Friday, June 2nd. One analyst has rated the stock with a sell rating, two have given a hold rating and five have given a buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $24.50.
COPYRIGHT VIOLATION NOTICE: “Rathbone Brothers plc Has $1,119,000 Position in Trupanion Inc (NYSE:TRUP)” was first posted by BBNS and is the sole property of of BBNS. If you are accessing this story on another publication, it was stolen and reposted in violation of United States and international copyright legislation. The correct version of this story can be accessed at https://baseballnewssource.com/markets/rathbone-brothers-plc-holds-holdings-in-trupanion-inc-trup/1602268.html.
Shares of Trupanion Inc (NYSE TRUP) traded down 0.09% during midday trading on Friday, reaching $22.84. The company’s stock had a trading volume of 76,388 shares. Trupanion Inc has a 52-week low of $13.71 and a 52-week high of $25.00. The stock has a 50 day moving average price of $22.59 and a 200-day moving average price of $19.13. The company’s market capitalization is $685.09 million.
Trupanion (NYSE:TRUP) last issued its earnings results on Tuesday, August 1st. The financial services provider reported ($0.02) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.03) by $0.01. The firm had revenue of $58.30 million for the quarter, compared to the consensus estimate of $57.58 million. Trupanion had a return on equity of 3.57% and a net margin of 0.71%. The company’s revenue was up 27.3% compared to the same quarter last year. During the same quarter last year, the business posted ($0.03) EPS. Equities research analysts expect that Trupanion Inc will post ($0.10) EPS for the current year.
Trupanion, Inc provides medical insurance plans for cats and dogs throughout the United States, Canada and Puerto Rico. The Company operates in two business segments: subscription business and other business. The subscription business segment includes monthly subscriptions for its medical plan, which are marketed to consumers.
Receive News & Ratings for Trupanion Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Trupanion Inc and related companies with our FREE daily email newsletter.