Tiptree Financial (NASDAQ:TIPT) Sets New 52-Week Low - Should You Sell?

Key Points

• Tiptree Financial hit a new 52-week low, trading as low as $15.94 (last $16.32) on volume of 42,928 shares and is trading below its 50‑day ($17.52) and 200‑day ($19.03) moving averages; the stock carries an average analyst rating of Hold after Weiss reissued a "hold (c+)."
• The company has a market cap of $632.7M and a PE of 15.21, reported $0.04 EPS for the quarter with a 14.3% ROE and 2.44% net margin, and several institutional investors (e.g., Millennium, AQR, Tudor) increased stakes recently, leaving about 37.78% ownership by institutions.

Tiptree Financial Inc. (NASDAQ:TIPT - Get Free Report)'s stock price reached a new 52-week low during mid-day trading on Friday . The stock traded as low as $15.94 and last traded at $16.32, with a volume of 42928 shares traded. The stock had previously closed at $16.55.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a "hold (c+)" rating on shares of Tiptree Financial in a report on Monday, December 29th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Tiptree Financial presently has an average rating of "Hold".

Tiptree Financial Price Performance

The stock has a 50-day moving average price of $17.52 and a two-hundred day moving average price of $19.03. The stock has a market cap of $632.73 million, a PE ratio of 15.21 and a beta of 1.23.

Tiptree Financial (NASDAQ:TIPT - Get Free Report) last posted its earnings results on Friday, March 6th. The financial services provider reported $0.04 EPS for the quarter. Tiptree Financial had a return on equity of 14.30% and a net margin of 2.44%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Mercer Global Advisors Inc. ADV raised its stake in Tiptree Financial by 6.5% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 24,962 shares of the financial services provider's stock valued at $456,000 after purchasing an additional 1,520 shares in the last quarter. Tudor Investment Corp ET AL increased its holdings in shares of Tiptree Financial by 6.9% in the 4th quarter. Tudor Investment Corp ET AL now owns 86,289 shares of the financial services provider's stock worth $1,576,000 after buying an additional 5,536 shares during the last quarter. Susquehanna Fundamental Investments LLC purchased a new stake in shares of Tiptree Financial during the 4th quarter valued at about $464,000. Millennium Management LLC raised its position in shares of Tiptree Financial by 66.6% during the 4th quarter. Millennium Management LLC now owns 531,619 shares of the financial services provider's stock valued at $9,713,000 after buying an additional 212,430 shares in the last quarter. Finally, AQR Capital Management LLC lifted its holdings in shares of Tiptree Financial by 93.3% in the 4th quarter. AQR Capital Management LLC now owns 215,231 shares of the financial services provider's stock valued at $3,932,000 after acquiring an additional 103,909 shares during the last quarter. 37.78% of the stock is owned by hedge funds and other institutional investors.

Tiptree Financial Company Profile

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.

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