On Jun 27, 2018 Torchmark Corporation (NYSE:TMK) Sellers Strengthened Their Shorts By 3.09%

June 27, 2018 - By Sarah Holford

During 2018 Q1 the big money sentiment decreased to 0.91. That’s change of 0.09, from 2017Q4’s 1. 27 investors sold all, 153 reduced holdings as Torchmark Corporation ratio dropped. 114 rose positions while 49 funds amassed positions. Funds hold 80.28 million shares thus 0.87% more from 2017Q4’s 79.58 million shares.
Moreover, Conning has 0.01% invested in Torchmark Corporation (NYSE:TMK) for 2,436 shs. Signaturefd Ltd Liability Corp reported 1,451 shs. Tower Research Cap Limited Liability Company (Trc) reported 0.03% stake. Hayek Kallen reported 0.52% in Torchmark Corporation (NYSE:TMK). Twin Capital Inc reported 10,810 shs. Metropolitan Life Insur Company holds 16,628 shs or 0% of its capital. 2,452 are owned by Capital Invest Services Of America Inc. Hartford Mgmt Company accumulated 0.04% or 24,313 shs. Price T Rowe Assoc Md stated it has 0% of its capital in Torchmark Corporation (NYSE:TMK). Swiss Bancorporation owns 352,728 shs or 0.04% of their US capital. Ellington Mngmt Limited Liability Company holds 12,400 shs or 0.07% of its capital. Ibm Retirement Fund invested 0.04% of its capital in Torchmark Corporation (NYSE:TMK). Manufacturers Life Insurance The stated it has 98,210 shs or 0.01% of all its holdings. 7,651 were accumulated by Rampart Investment Mngmt Ltd Liability Corp. Cibc Ww Mkts reported 13,753 shs.

Torchmark Corporation had 16 insider sales and 0 insider purchases since January 4, 2018. This’s net activity of $23.07 million. $1.65 million worth of Torchmark Corporation (NYSE:TMK) was sold by HUTCHISON LARRY M. MAJORS MICHAEL CLAY sold $1.92M worth of stock. On Thursday, January 4 $1.16M worth of stock was sold by Darden James Matthew. 5,000 Torchmark Corporation (NYSE:TMK) shs with value of $420,406 were sold by COLEMAN GARY L. Shares for $1.30 million were sold by DICHIARO STEVEN JOHN on Monday, May 21. SVOBODA FRANK M had sold 12,375 shs worth $1.08 million on Monday, March 12.

Torchmark Corporation (NYSE:TMK) had an increase of its shares shorted by 3.09%. FINRA announced shares shorted of TMK’s total 3.00M shares. The up change of 3.09% from 2.91M shares was reported. With Average volume 574,300, TMK’s previous position will take 5 days to restore. Torchmark Corporation’s shares shorted float is 2.81%.

TMK reached $83.02 during the last trading session after $0.6 change.Torchmark Corporation has volume of 254,976 shares. Since June 27, 2017 TMK has risen 13.30% and is uptrending. TMK outperformed the S&P 500 by 0.73%.

Torchmark Corporation, through its subsidiaries, provides various life and health insurance products, and annuities in the United States, Canada, and New Zealand.The firm is valued at $9.43 billion. It operates through Life Insurance, Health Insurance, and Annuities divisions.The P/E ratio is 6.79. The Life Insurance segment offers life insurance products, including traditional and interest-sensitive whole life and term life insurance, and other life insurance.

Torchmark Corporation (NYSE:TMK) Ratings Coverage

A total of 6 analysts rate Torchmark (NYSE:TMK) as follows: 1 “Buy”, 2 “Hold” and 3 “Sell”. Тherefore 17% are bullish. The firm has $9700 highest and $82 lowest target. The avg target $87.67 is 5.60% above the last ($83.02) price. (NYSE:TMK) has 6 ratings reports on Jun 27, 2018 according to StockzIntelligence. On Wednesday, April 11 the stock of Torchmark Corporation (NYSE:TMK) earned “Hold” rating by Keefe Bruyette & Woods. In Thursday, April 5 report Morgan Stanley maintained the stock with “Underweight” rating. The stock rating was maintained by SunTrust with “Hold” on Thursday, April 19.

Torchmark Corporation (NYSE:TMK) Institutional Investors Chart

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