Today Independence Holding Company (IHC) Stock Reaches 52-Week High

September 17, 2017 - By Marry Poplack

Investors sentiment decreased to 1.41 in Q4 2016. Its down 0.59, from 2 in 2016Q3. It is negative, as 1 investors sold Independence Holding Company shares while 16 reduced holdings. 7 funds opened positions while 17 raised stakes. 4.20 million shares or 7.67% more from 3.90 million shares in 2016Q3 were reported.
State Street owns 120,574 shares. Eam Invsts Ltd Liability holds 84,013 shares or 0.22% of its portfolio. Dimensional Fund Lp holds 970,639 shares. Strs Ohio reported 15,900 shares or 0% of all its holdings. Blackrock Institutional Trust Na accumulated 56,892 shares or 0% of the stock. Eagle Global Advisors Ltd Liability Co invested in 21,228 shares or 0.01% of the stock. Moreover, Parametric Port Associates Limited Liability has 0% invested in Independence Holding Company (NYSE:IHC) for 17,345 shares. Barclays Public Limited Co stated it has 0% in Independence Holding Company (NYSE:IHC). Cornerstone Cap Limited holds 0% of its portfolio in Independence Holding Company (NYSE:IHC) for 14,100 shares. Northern Trust holds 92,245 shares or 0% of its portfolio. Nationwide Fund Advsrs has invested 0% in Independence Holding Company (NYSE:IHC). 755 were reported by National Bank & Trust Of Montreal Can. Blackrock Invest Management Llc stated it has 0% in Independence Holding Company (NYSE:IHC). Federated Invsts Pa has invested 0% in Independence Holding Company (NYSE:IHC). 39,647 were accumulated by Natl Bank Of New York Mellon Corporation.

The stock of Independence Holding Company (NYSE:IHC) hit a new 52-week high and has $24.84 target or 8.00 % above today’s $23.00 share price. The 5 months bullish chart indicates low risk for the $344.56M company. The 1-year high was reported on Sep, 17 by Barchart.com. If the $24.84 price target is reached, the company will be worth $27.56 million more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

The stock increased 1.32% or $0.3 on September 15, reaching $23. About 125,790 shares traded or 807.97% up from the average. Independence Holding Company (NYSE:IHC) has risen 12.78% since September 17, 2016 and is uptrending. It has underperformed by 3.92% the S&P500.

More important recent Independence Holding Company (NYSE:IHC) news were published by: Nasdaq.com which released: “Independence Holding Company Announces 2017 Second-Quarter and Six-Month Results” on August 09, 2017, also Globenewswire.com published article titled: “Independence Holding Company Repurchases Shares”, Globenewswire.com published: “Independence Holding Company Announces Commencement of Tender Offer to …” on May 26, 2017. More interesting news about Independence Holding Company (NYSE:IHC) was released by: Nasdaq.com and their article: “Independence Holding Company (IHC) Ex-Dividend Date Scheduled for July 13, 2017” with publication date: July 12, 2017.

Independence Holding Company is a holding firm principally engaged in the life and health insurance business. The company has market cap of $344.56 million. The Company’s divisions include Medical Stop-Loss; Fully Insured Health; Group disability, life and DBL; Individual life, annuities and other, and Corporate. It has a 12.48 P/E ratio. The Firm is a writer across the nation of excess or stop-loss insurance for self-insured employer groups that desire to manage the risk of large medical claims (Medical Stop-Loss).

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.