Marshall Wace LLP lifted its holdings in Signify Health, Inc. (NYSE:SGFY – Get Rating) by 553.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 257,131 shares of the company’s stock after acquiring an additional 217,792 shares during the quarter. Marshall Wace LLP owned 0.11% of Signify Health worth $7,495,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. BlackRock Inc. grew its position in Signify Health by 30.9% during the third quarter. BlackRock Inc. now owns 3,014,708 shares of the company’s stock valued at $87,879,000 after buying an additional 711,351 shares during the period. KRYGER CAPITAL Ltd purchased a new position in Signify Health during the third quarter valued at $80,629,000. Point72 Asset Management L.P. lifted its holdings in Signify Health by 88.8% during the second quarter. Point72 Asset Management L.P. now owns 2,437,800 shares of the company’s stock valued at $33,642,000 after purchasing an additional 1,146,372 shares in the last quarter. Vanguard Group Inc. lifted its holdings in Signify Health by 1.3% during the first quarter. Vanguard Group Inc. now owns 2,325,058 shares of the company’s stock valued at $42,200,000 after purchasing an additional 29,828 shares in the last quarter. Finally, Beryl Capital Management LLC purchased a new position in Signify Health during the third quarter valued at $65,326,000. Institutional investors and hedge funds own 89.99% of the company’s stock.
Analyst Upgrades and Downgrades
Separately, TheStreet downgraded shares of Signify Health from a “c-” rating to a “d” rating in a report on Monday, February 13th. Nine equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $28.15.
Signify Health Stock Up 0.7 %
Signify Health Profile
Signify Health, Inc operates a healthcare platform that utilizes analytics, technology, and healthcare provider networks in the United States. The company operates through Home & Community Services and Episodes of Care Services segments. The Home & Community Services segment offers health evaluations performed within the patient's home or at a healthcare provider facility primarily to Medicare Advantage health plans; diagnostic screening and other ancillary services; and services to address healthcare concerns related to social determinants of health.
Featured Stories
- Get a free copy of the StockNews.com research report on Signify Health (SGFY)
- What the SVB Financial Collapse Means for U.S. Banks
- MarketBeat Week in Review – 3/6 – 3/10
- 2 Offshore Drilling Stocks Set to Extract Big Profits
- Three Staples Stocks With Double-Digit Upside Ahead
- Can Investors Trust Consumers to Lift American Outdoor Brands?
Receive News & Ratings for Signify Health Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Signify Health and related companies with MarketBeat.com's FREE daily email newsletter.
