Cannell Capital Boosted Health Ins Innovations (HIIQ) Position by $3.31 Million; Rivernorth Capital Management Stake in Tri Contl (TY) Lowered as Share Value Rose

February 15, 2018 - By Adrian Mccoy

Rivernorth Capital Management Llc decreased its stake in Tri Contl Corp (TY) by 15.01% based on its latest 2017Q3 regulatory filing with the SEC. Rivernorth Capital Management Llc sold 63,539 shares as the company’s stock rose 2.25% with the market. The institutional investor held 359,663 shares of the company at the end of 2017Q3, valued at $9.23 million, down from 423,202 at the end of the previous reported quarter. Rivernorth Capital Management Llc who had been investing in Tri Contl Corp for a number of months, seems to be less bullish one the $1.54 billion market cap company. The stock increased 0.56% or $0.1501 during the last trading session, reaching $27.1301. About 40,457 shares traded. Tri-Continental Corporation (NYSE:TY) has risen 18.43% since February 15, 2017 and is uptrending. It has outperformed by 1.73% the S&P500.

J. Carlo Cannell increased its stake in Health Ins Innovations Inc (HIIQ) by 29.52% based on its latest 2017Q3 regulatory filing with the SEC. Cannell Capital Llc bought 236,711 shares as the company’s stock rose 14.56% with the market. The hedge fund run by J. Carlo Cannell held 1.04M shares of the finance company at the end of 2017Q3, valued at $15.06 million, up from 801,756 at the end of the previous reported quarter. Cannell Capital Llc who had been investing in Health Ins Innovations Inc for a number of months, seems to be bullish on the $508.69 million market cap company. The stock increased 13.68% or $3.7 during the last trading session, reaching $30.75. About 1.09 million shares traded or 170.68% up from the average. Health Insurance Innovations, Inc. (NASDAQ:HIIQ) has risen 227.83% since February 15, 2017 and is uptrending. It has outperformed by 211.13% the S&P500.

Among 8 analysts covering Health Insurance Innovations Inc (NASDAQ:HIIQ), 7 have Buy rating, 0 Sell and 1 Hold. Therefore 88% are positive. Health Insurance Innovations Inc had 27 analyst reports since August 13, 2015 according to SRatingsIntel. The rating was maintained by Northland Capital with “Buy” on Tuesday, September 5. The company was maintained on Friday, January 26 by Canaccord Genuity. The rating was maintained by Cantor Fitzgerald on Monday, September 11 with “Buy”. The stock of Health Insurance Innovations, Inc. (NASDAQ:HIIQ) earned “Buy” rating by Cantor Fitzgerald on Monday, October 16. The rating was maintained by Canaccord Genuity on Friday, July 28 with “Buy”. The stock of Health Insurance Innovations, Inc. (NASDAQ:HIIQ) has “Buy” rating given on Thursday, September 15 by Lake Street. The firm has “Buy” rating by Canaccord Genuity given on Wednesday, July 12. The firm earned “Buy” rating on Wednesday, November 1 by Cantor Fitzgerald. As per Friday, June 30, the company rating was maintained by Northland Capital. The firm has “Market Perform” rating given on Monday, June 26 by Raymond James.

Cannell Capital Llc, which manages about $347.86M and $340.46 million US Long portfolio, decreased its stake in Servicesource Intl Inc (NASDAQ:SREV) by 143,674 shares to 435,558 shares, valued at $1.51M in 2017Q3, according to the filing. It also reduced its holding in Points Intl Ltd (NASDAQ:PCOM) by 289,180 shares in the quarter, leaving it with 677,376 shares, and cut its stake in Yume Inc (NYSE:YUME).

Investors sentiment increased to 1.73 in 2017 Q3. Its up 0.10, from 1.63 in 2017Q2. It increased, as 25 investors sold HIIQ shares while 19 reduced holdings. 45 funds opened positions while 31 raised stakes. 10.06 million shares or 8.67% more from 9.25 million shares in 2017Q2 were reported. Manufacturers Life Insur The holds 0% or 9,382 shares in its portfolio. Globeflex Cap LP holds 0.02% in Health Insurance Innovations, Inc. (NASDAQ:HIIQ) or 5,732 shares. Parallax Volatility Advisers LP holds 0% or 28,962 shares in its portfolio. Millennium Management Ltd Company holds 0% or 65,745 shares in its portfolio. Raging Cap Mgmt Lc invested in 0.51% or 224,274 shares. Falcon Point Cap Ltd Liability Corp reported 0.08% of its portfolio in Health Insurance Innovations, Inc. (NASDAQ:HIIQ). Legal General Gp Plc reported 0% of its portfolio in Health Insurance Innovations, Inc. (NASDAQ:HIIQ). Jane Street Grp Incorporated Limited has 0% invested in Health Insurance Innovations, Inc. (NASDAQ:HIIQ). Wells Fargo Mn invested in 0% or 17,591 shares. Harvest Strategies Ltd Liability Com invested 1.04% of its portfolio in Health Insurance Innovations, Inc. (NASDAQ:HIIQ). Cypress Mgmt Lc (Wy) invested 0.02% in Health Insurance Innovations, Inc. (NASDAQ:HIIQ). Cadence Mgmt Ltd Liability Com holds 42,945 shares. Quantbot Technologies Limited Partnership has 0.01% invested in Health Insurance Innovations, Inc. (NASDAQ:HIIQ) for 5,600 shares. Arrowstreet Partnership reported 0.01% stake. Nationwide Fund Advsr reported 0% in Health Insurance Innovations, Inc. (NASDAQ:HIIQ).

Since August 31, 2017, it had 0 insider buys, and 8 sales for $2.86 million activity. Another trade for 17,769 shares valued at $558,384 was sold by Hershberger Michael D. Telkamp Bruce sold $360,799 worth of Health Insurance Innovations, Inc. (NASDAQ:HIIQ) on Friday, September 1.

Rivernorth Capital Management Llc, which manages about $2.15 billion and $1.23 billion US Long portfolio, upped its stake in Voya Prime Rate Tr (NYSE:PPR) by 1.05M shares to 3.60 million shares, valued at $18.73 million in 2017Q3, according to the filing. It also increased its holding in Western Asset High Incm Opp (HIO) by 231,862 shares in the quarter, for a total of 8.13 million shares, and has risen its stake in Clough Global Divnd And Inc (GLV).

Investors sentiment increased to 1.11 in Q3 2017. Its up 0.14, from 0.97 in 2017Q2. It is positive, as 5 investors sold TY shares while 22 reduced holdings. 14 funds opened positions while 16 raised stakes. 5.50 million shares or 11.39% less from 6.21 million shares in 2017Q2 were reported. Tower Rech Cap Limited Company (Trc) holds 0% or 283 shares. Hudock Cap Gp Ltd Liability Corporation reported 1,544 shares or 0.02% of all its holdings. Commonwealth Equity Services Inc stated it has 60,487 shares. Ancora Advsrs Lc accumulated 65,147 shares. Us Financial Bank De, Minnesota-based fund reported 2,137 shares. Financial Bank Of America Corp De invested in 174,421 shares or 0% of the stock. Lazard Asset Mngmt Limited Liability Corp holds 0.03% of its portfolio in Tri-Continental Corporation (NYSE:TY) for 501,675 shares. Cornerstone Advsrs Incorporated invested in 1.25% or 422,478 shares. Commercial Bank Of Nova Scotia invested 0.01% of its portfolio in Tri-Continental Corporation (NYSE:TY). Oppenheimer & reported 0.01% of its portfolio in Tri-Continental Corporation (NYSE:TY). Winslow Evans Crocker Incorporated invested 0.06% in Tri-Continental Corporation (NYSE:TY). Ameritas Investment Prtn reported 15,566 shares stake. Moreover, Citigroup has 0% invested in Tri-Continental Corporation (NYSE:TY) for 7,579 shares. Janney Montgomery Scott Lc holds 12,862 shares. Guggenheim Capital Ltd Liability holds 33,957 shares or 0% of its portfolio.

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