Hosking Partners LLP Has $10.25 Million Stake in Trupanion, Inc. (NASDAQ:TRUP)

Hosking Partners LLP lifted its stake in shares of Trupanion, Inc. (NASDAQ:TRUP) by 52.5% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 212,720 shares of the financial services provider’s stock after acquiring an additional 73,203 shares during the period. Hosking Partners LLP’s holdings in Trupanion were worth $10,253,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Quest Partners LLC acquired a new position in shares of Trupanion during the third quarter valued at about $37,000. Wilmington Savings Fund Society FSB acquired a new position in Trupanion during the 3rd quarter worth approximately $54,000. KBC Group NV bought a new position in Trupanion in the fourth quarter worth approximately $75,000. R Squared Ltd acquired a new stake in Trupanion in the fourth quarter valued at approximately $79,000. Finally, GAMMA Investing LLC increased its holdings in shares of Trupanion by 18.5% during the fourth quarter. GAMMA Investing LLC now owns 1,709 shares of the financial services provider’s stock valued at $82,000 after acquiring an additional 267 shares in the last quarter.

Trupanion Stock Performance

Shares of TRUP stock opened at $33.59 on Friday. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.71 and a quick ratio of 1.66. The firm has a 50-day moving average of $46.20 and a 200-day moving average of $47.82. Trupanion, Inc. has a one year low of $19.69 and a one year high of $57.90. The company has a market cap of $1.42 billion, a P/E ratio of -146.04, a P/E/G ratio of 6.02 and a beta of 1.60.

Trupanion (NASDAQ:TRUP) last posted its quarterly earnings data on Wednesday, February 19th. The financial services provider reported $0.04 EPS for the quarter, missing the consensus estimate of $0.06 by ($0.02). Trupanion had a negative net margin of 0.75% and a negative return on equity of 3.08%. The firm had revenue of $337.31 million during the quarter, compared to analysts’ expectations of $335.41 million. Equities research analysts forecast that Trupanion, Inc. will post 0.13 EPS for the current fiscal year.

Insider Buying and Selling

In other news, CFO Fawwad Qureshi sold 1,373 shares of the firm’s stock in a transaction on Wednesday, February 26th. The stock was sold at an average price of $34.22, for a total transaction of $46,984.06. Following the completion of the sale, the chief financial officer now directly owns 2,416 shares of the company’s stock, valued at $82,675.52. This trade represents a 36.24 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 5.50% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several analysts recently issued reports on the stock. Northland Securities lifted their price target on shares of Trupanion from $45.00 to $50.00 and gave the company a “market perform” rating in a research report on Thursday, October 31st. Stifel Nicolaus reduced their price objective on shares of Trupanion from $44.00 to $41.00 and set a “hold” rating for the company in a report on Thursday, February 20th. Finally, Piper Sandler lowered their target price on shares of Trupanion from $57.00 to $52.00 and set an “overweight” rating on the stock in a report on Thursday, February 20th. Two investment analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $46.60.

About Trupanion

Trupanion, Inc, together with its subsidiaries, provides medical insurance for cats and dogs on a monthly subscription basis in the United States, Canada, Continental Europe, and Australia. The company operates in two segments, Subscription Business and Other Business. It serves pet owners and veterinarians.