Health Insurance Innovations Inc (NASDAQ:HIIQ) Q4 2017 Sentiment Report

April 22, 2018 - By Vivian Park

Health Insurance Innovations, Inc. (NASDAQ:HIIQ) Logo

Sentiment for Health Insurance Innovations Inc (NASDAQ:HIIQ)

Health Insurance Innovations Inc (NASDAQ:HIIQ) institutional sentiment decreased to 0.95 in 2017 Q4. Its down -0.78, from 1.73 in 2017Q3. The ratio dived, as 55 funds started new or increased positions, while 58 cut down and sold their holdings in Health Insurance Innovations Inc. The funds in our partner’s database now possess: 10.59 million shares, up from 10.06 million shares in 2017Q3. Also, the number of funds holding Health Insurance Innovations Inc in their top 10 positions was flat from 2 to 2 for the same number . Sold All: 31 Reduced: 27 Increased: 35 New Position: 20.

Health Insurance Innovations, Inc. operates as a developer, distributor, and administrator of cloud individual health and family insurance plans, and supplemental products in the United States. The company has market cap of $471.51 million. The firm offers short-term medical plans that cover individuals for up to 364 days with various deductible and copay levels; hospital indemnity plans, which provide daily cash benefit for hospital treatment and doctor office visits, as well as accidental injury and death or dismemberment benefits; and supplemental insurance products comprising pharmacy benefit cards, dental plans, vision plans, and cancer/critical illness plans, as well as deductible and gap protection plans, and life insurance policies. It has a 18.97 P/E ratio. It creates and structures individual health and family insurance plans, and supplemental products on behalf of insurance carriers and discount benefit providers; and market them to individuals through a network of distributors.

The stock decreased 0.52% or $0.15 during the last trading session, reaching $28.45. About 105,098 shares traded. Health Insurance Innovations, Inc. (NASDAQ:HIIQ) has risen 102.80% since April 22, 2017 and is uptrending. It has outperformed by 91.25% the S&P500.

Analysts await Health Insurance Innovations, Inc. (NASDAQ:HIIQ) to report earnings on May, 2. They expect $0.41 earnings per share, up 13.89 % or $0.05 from last year’s $0.36 per share. HIIQ’s profit will be $6.80 million for 17.35 P/E if the $0.41 EPS becomes a reality. After $0.26 actual earnings per share reported by Health Insurance Innovations, Inc. for the previous quarter, Wall Street now forecasts 57.69 % EPS growth.

Lyon Street Capital Llc holds 12.09% of its portfolio in Health Insurance Innovations, Inc. for 1.45 million shares. Cannell Capital Llc owns 1.04 million shares or 7.51% of their US portfolio. Moreover, Harvest Capital Strategies Llc has 1.39% invested in the company for 321,150 shares. The New York-based Trellus Management Company Llc has invested 1.33% in the stock. 1492 Capital Management Llc, a Wisconsin-based fund reported 25,974 shares.

Since January 1, 0001, it had 0 insider purchases, and 6 sales for $3.80 million activity.

Health Insurance Innovations, Inc. (NASDAQ:HIIQ) Ratings Coverage

Ratings analysis reveals 100% of Health Insurance Innovations’s analysts are positive. Out of 8 Wall Street analysts rating Health Insurance Innovations, 8 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $38.0 while the high is $60.0. The stock’s average target of $47.14 is 65.69% above today’s ($28.45) share price. HIIQ was included in 18 notes of analysts from November 1, 2017. Cantor Fitzgerald maintained the shares of HIIQ in report on Tuesday, February 20 with “Buy” rating. Craig Hallum maintained Health Insurance Innovations, Inc. (NASDAQ:HIIQ) on Thursday, March 1 with “Buy” rating. The firm has “Buy” rating given on Thursday, December 21 by Canaccord Genuity. Lake Street maintained Health Insurance Innovations, Inc. (NASDAQ:HIIQ) rating on Thursday, March 1. Lake Street has “Buy” rating and $50.0 target. The rating was maintained by Cantor Fitzgerald on Thursday, April 12 with “Buy”. FBR Capital initiated Health Insurance Innovations, Inc. (NASDAQ:HIIQ) rating on Monday, February 12. FBR Capital has “Buy” rating and $38.0 target. The rating was maintained by Cantor Fitzgerald on Wednesday, February 14 with “Buy”. The firm has “Buy” rating given on Thursday, March 1 by Cantor Fitzgerald. The firm earned “Outperform” rating on Thursday, March 1 by Raymond James. The stock has “Buy” rating by Canaccord Genuity on Friday, January 26.

Health Insurance Innovations, Inc. (NASDAQ:HIIQ) Institutional Positions Chart

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