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IHC Independence Holding

Independence Holding Company, formed in 1980, is a holding company that is principally engaged in underwriting, administering and/or distributing group and individual specialty benefit products, including disability, supplemental health, pet, and group life insurance through its subsidiaries (Independence Holding Company and its subsidiaries collectively referred to as 'The IHC Group'). The IHC Group consists of three insurance companies (Standard Security Life Insurance Company of New York, Madison National Life Insurance Company, Inc. and Independence American Insurance Company). Company also owns the following agencies: (i) PetPartners, Inc.; (ii) IHC Specialty Benefits, Inc., a technology-driven full-service marketing and distribution company that focuses on small employer and individual consumer products through its call center, career agents, and Independence Brokerage Group; and (iii) The INSX Cloud Platform through My1HR, company's wholly owned Web Based Entity. Its InsureTech division is comprised of company's call centers, field and career agents, in-house MarTech artificial intelligence capabilities and domains, including www.healthedeals.com; www.healthinsurance.org; www.medicareresources.org; www.petplace.com; and www.mypetinsurance.com.

Company profile

Ticker
IHC
Exchange
NYSE
Website
www.ihcgroup.com
CEO
Roy T. K. Thung
Employees
Incorporated
Delaware
Location
Connecticut
Fiscal year end
Dec 31
Sector
Finance and Insurance > Direct Life Insurance Carriers
Industry (SIC)
Life Insurance
Metlife • Prudential Financial • Lincoln National Life Insurance • Brighthouse Financial • Voya Financial • Lincoln National • Genworth Financial • Athene Holding • Protective Life • Reinsurance Group Of America ...
SEC CIK
0000701869
Corporate docs
IRS number
581407235

IHC stock data

(
)

News

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Insurance Stocks Moving In Monday's Intraday Session
2 Aug 21
According to Benzinga Pro following are the gainers and losers in Insurance industry for today's Intraday session.
Insurance Stocks Moving In Monday's Intraday Session
26 Jul 21
According to Benzinga Pro following are the gainers and losers in Insurance industry for today's Intraday session.
Stocks That Hit 52-Week Highs On Wednesday
14 Jul 21
Before 10 a.m. ET Wednesday, 81 stocks made new 52-week highs.
Horace Mann To Acquire Madison National Life From IHC For $172.5M
14 Jul 21
Insurance Stocks Moving In Thursday's Intraday Session
10 Jun 21

Press releases

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AM Best Upgrades Credit Ratings of Members of National Teachers Association Life Group and Affirms Credit Ratings of Horace Mann Educators Corporation; Comments on Credit Ratings After Announced Acquisition
14 Jul 21
AM Best has the upgraded the Financial Strength Rating (FSR) to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) to "a" (Excellent) from "a-" (Excellent) of National Teachers
IHC Announces the Completion of the Sale of Its Controlling Interest in PetPartners, Inc.
30 Jun 21
STAMFORD, Conn., June 30, 2021 (GLOBE NEWSWIRE) -- Independence Holding Company (NYSE:IHC) today announced that it has completed the sale of its 85% interest in PetPartners, Inc. ("PPI") to Iguana Capital, Inc.
Independence Holding Company Announces Semi-Annual Cash Dividend
11 Jun 21
STAMFORD, Conn., June 11, 2021 (GLOBE NEWSWIRE) -- Independence Holding Company (NYSE:IHC) today reported the declaration of its semi-annual cash dividend of $.22 per share of common stock, payable to stockholders of
AM Best Places Credit Ratings of Independence Holding Company and Its Subsidiaries Under Review With Developing Implications
19 May 21
IHC Announces Agreement to Sell a Controlling Interest in Pet Division and the Stock of Independence American Insurance Company
17 May 21

Calendar

7 May 21
3 Aug 21
31 Dec 21

Financial summary

Financial statements Chart IHC financial data
Quarter (USD)
 Mar 21 Dec 20 Sep 20 Jun 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD)
 Dec 20 Dec 19 Dec 18 Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Recent insider trades

IHC insider ownership history Insider history
Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
23 Nov 20 Ronald I Simon Common Stock Other Aquire J Yes No 0 2,475 0 36,425
23 Nov 20 Ronald I Simon Common Stock Other Dispose J No No 0 2,475 0 12,950
10 Nov 20 James G Tatum Common Stock Grant Aquire A No No 0 2,475 0 51,501
14 Sep 20 Teresa A Herbert Common Stock Gift Dispose G No No 0 1,490 0 82,294
7 May 20 Roy T K Thung Common Stock Gift Dispose G No No 0 2,000 0 236,518
14 Jan 20 Roy T K Thung Common Stock Gift Dispose G No No 0 6,680 0 238,518
Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q1 2021

IHC institutional ownership history Ownership history

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

21.4% owned by funds/institutions
13F holders
 Current Prev Q Change
Total holders 55 53 +3.8%
Opened positions 5 2 +150.0%
Closed positions 3 3 –
Increased positions 13 19 -31.6%
Reduced positions 18 16 +12.5%
13F shares
 Current Prev Q Change
Total value 207.75M 169.09M +22.9%
Total shares 3.14M 2.88M +8.9%
Total puts 0 0
Total calls 0 0
Total put/call ratio – – –
Largest owners
 Shares Value Change
Arnhold 508.34K $20.26M 0.0%
Cannell Capital 439.73K $17.52M +5.5%
BLK Blackrock 319.66K $12.74M +7.1%
TCW 284.73K $11.35M -3.7%
Vanguard 258.24K $10.29M +8.0%
Dimensional Fund Advisors 250.66K $9.99M -1.7%
Corsair Capital Management 197.27K $1.97M NEW
Royce & Associates 170.02K $6.78M 0.0%
STT State Street 94.96K $3.78M -10.7%
Geode Capital Management 86.87K $3.46M +0.6%
Largest transactions
 Shares Bought/sold Change
Corsair Capital Management 197.27K +197.27K NEW
Cannell Capital 439.73K +22.82K +5.5%
BLK Blackrock 319.66K +21.32K +7.1%
Vanguard 258.24K +19.2K +8.0%
ATAC Neuberger Berman 18.34K +18.34K NEW
Bourgeon Capital Management 15.37K +15.37K NEW
STT State Street 94.96K -11.34K -10.7%
TCW 284.73K -10.95K -3.7%
NTRS Northern Trust 74.8K -10.1K -11.9%
MS Morgan Stanley 15.67K +9.89K +171.0%
Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.
Content analysis
?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. sophomore Avg
New words: add, answer, ARP, begun, Biden, bring, brought, commitment, customary, deferral, Description, Director, disaggregated, drug, educating, encourage, Endeavor, exit, extra, fulfill, IBG, ICC, IHCSB, immaterial, INSXCloud, issuance, journey, lost, mechanism, mentioned, monthly, oEvolving, oGrow, oIndependence, oPet, passage, payroll, pendency, phone, point, prescription, registered, Reimbursement, Reliance, remit, reversal, reverse, sector, slightly, source, standpoint, subsidy
Removed: AAA, acceptance, Achieve, adjusted, administratively, adversely, AEP, affiliate, agreeable, agreed, AI, Android, appeal, arbitrated, arbitrator, asserted, attachment, awarded, breach, called, career, child, Circuit, clear, closed, closely, comparing, Compel, conduct, Confirm, confirming, consulting, contemplated, Count, cover, decide, decision, deductible, demand, demanded, denied, dismissed, disputed, eliminating, enterprise, entitled, equivalent, evincing, Evolving, exam, exceeding, expiring, extend, extended, February, final, forma, fourth, gain, grace, granted, heard, hearing, indirect, initial, injunctive, insuretech, IOS, launched, lifted, measuring, member, membership, merit, military, monitoring, Motion, moved, multistate, mutually, network, notice, occupational, omitted, oNet, opposed, outcome, Panel, perform, performed, PetFirst, Petition, Phase, policyholder, prejudice, pretax, Pro, proceed, proportional, provision, receivable, recording, reduce, referral, RSA, servicing, serving, settlement, sick, Slower, specifically, splitting, staying, step, successfully, telehealth, temporarily, tender, test, transferred, unable, underwriter, unfulfilled, unit, unmistakable, unprecedented, varying, volatility, waiving, WBE
From filing 10-Q 2021 Q1

Financial reports

View all
10-Q
2021 Q1
Quarterly report
7 May 21
10-K/A
2020 FY
Annual report (amended)
30 Apr 21
10-K
2020 FY
Annual report
16 Mar 21
10-Q
2020 Q3
Quarterly report
6 Nov 20
10-Q
2020 Q2
Quarterly report
9 Aug 20
10-Q
2020 Q1
Quarterly report
8 May 20
10-K/A
2019 FY
Annual report (amended)
23 Apr 20
10-K/A
2019 FY
Annual report (amended)
16 Mar 20
10-K
2019 FY
Annual report
15 Mar 20
10-Q
2019 Q3
Quarterly report
8 Nov 19

Current reports

View all
8-K
Entry into a Material Definitive Agreement
15 Jul 21
8-K
Departure of Directors or Certain Officers
30 Jun 21
8-K
Entry into a Material Definitive Agreement
19 May 21
8-K
Results of Operations and Financial Condition
7 May 21
8-K
Entry into a Material Definitive Agreement
15 Apr 21
8-K
Results of Operations and Financial Condition
15 Mar 21
8-K
Submission of Matters to a Vote of Security Holders
10 Nov 20
8-K
1 20 20 Annual Meeting of Stockholders November 1 0 , 20 20 Independence Holding Company © 2017 The IHC Group
10 Nov 20
8-K
Results of Operations and Financial Condition
9 Nov 20
8-K
Results of Operations and Financial Condition
9 Aug 20

Registration and prospectus

View all
SC TO-I/A
Issuer tender offer statement (amended)
27 May 20
SC TO-I/A
Issuer tender offer statement (amended)
21 May 20
SC TO-I/A
Issuer tender offer statement (amended)
1 May 20
SC TO-I
Issuer tender offer statement
24 Apr 20
SC TO-C
Information about tender offer
19 Apr 20
SC TO-I/A
Issuer tender offer statement (amended)
29 Jun 17
SC TO-I/A
Issuer tender offer statement (amended)
26 Jun 17
SC TO-I/A
Issuer tender offer statement (amended)
15 Jun 17
SC TO-I
Issuer tender offer statement
25 May 17
S-8
Registration of securities for employees
22 May 17

Proxies

View all
DEFA14A
Additional proxy soliciting materials
1 Oct 20
DEF 14A
Definitive proxy
1 Oct 20
DEFA14A
Additional proxy soliciting materials
3 Oct 19
DEF 14A
Definitive proxy
3 Oct 19
DEFA14A
Additional proxy soliciting materials
3 Oct 18
DEF 14A
Definitive proxy
3 Oct 18
DEF 14A
Definitive proxy
25 Sep 17
DEFA14A
Additional proxy soliciting materials
25 Sep 17
DEF 14A
Definitive proxy
10 Oct 16
DEFA14A
Additional proxy soliciting materials
10 Oct 16

Other

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UPLOAD
Letter from SEC
1 Jun 20
CORRESP
Correspondence with SEC
20 May 20
UPLOAD
Letter from SEC
11 May 20
CORRESP
Correspondence with SEC
27 Jul 16
CORRESP
Correspondence with SEC
24 Jul 16
EFFECT
Notice of effectiveness
14 Nov 13
CORRESP
Correspondence with SEC
12 Sep 13
CORRESP
Correspondence with SEC
14 Jul 11
EFFECT
Notice of effectiveness
14 Jul 11
CORRESP
Correspondence with SEC
12 Jul 11

Ownership

View all
SC 13D/A
INDEPENDENCE HOLDING / GENEVE ownership change
15 Jul 21
3
INDEPENDENCE HOLDING / Colleen P. Maggi ownership change
7 Jul 21
5
INDEPENDENCE HOLDING / ROY T K THUNG ownership change
12 Feb 21
5
INDEPENDENCE HOLDING / TERESA A HERBERT ownership change
12 Feb 21
4
INDEPENDENCE HOLDING / RONALD I SIMON ownership change
24 Nov 20
4
INDEPENDENCE HOLDING / RONALD I SIMON ownership change
12 Nov 20
4
INDEPENDENCE HOLDING / ALLAN C KIRKMAN ownership change
12 Nov 20
4
INDEPENDENCE HOLDING / JOHN L LAHEY ownership change
12 Nov 20
4
INDEPENDENCE HOLDING / JAMES G TATUM ownership change
12 Nov 20
5/A
INDEPENDENCE HOLDING / ROY T K THUNG ownership change
20 Feb 20

Reddit threads

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