Thrivent Financial For Lutherans lessened its position in Kindred Healthcare, Inc. (NYSE:KND) by 8.8% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 324,581 shares of the health services provider’s stock after selling 31,298 shares during the period. Thrivent Financial For Lutherans owned about 0.35% of Kindred Healthcare worth $3,148,000 as of its most recent filing with the SEC.
Several other large investors have also recently modified their holdings of KND. Nationwide Fund Advisors boosted its stake in shares of Kindred Healthcare by 2.6% in the 3rd quarter. Nationwide Fund Advisors now owns 343,823 shares of the health services provider’s stock valued at $2,338,000 after purchasing an additional 8,685 shares in the last quarter. Crossmark Global Holdings Inc. acquired a new stake in shares of Kindred Healthcare in the 3rd quarter valued at $208,000. Stevens Capital Management LP acquired a new stake in shares of Kindred Healthcare in the 3rd quarter valued at $342,000. BNP Paribas Arbitrage SA boosted its stake in shares of Kindred Healthcare by 50.2% in the 3rd quarter. BNP Paribas Arbitrage SA now owns 56,453 shares of the health services provider’s stock valued at $384,000 after purchasing an additional 18,879 shares in the last quarter. Finally, Municipal Employees Retirement System of Michigan boosted its stake in shares of Kindred Healthcare by 60.1% in the 3rd quarter. Municipal Employees Retirement System of Michigan now owns 32,150 shares of the health services provider’s stock valued at $219,000 after purchasing an additional 12,070 shares in the last quarter. Institutional investors own 88.95% of the company’s stock.
Several equities research analysts have recently commented on KND shares. Zacks Investment Research upgraded shares of Kindred Healthcare from a “hold” rating to a “buy” rating and set a $11.00 target price on the stock in a research note on Wednesday, January 10th. Stifel Nicolaus upgraded shares of Kindred Healthcare from a “sell” rating to a “hold” rating and set a $7.00 price target on the stock in a research report on Monday, November 20th. Finally, Mizuho set a $9.00 price target on shares of Kindred Healthcare and gave the stock a “hold” rating in a research report on Monday, December 18th. Three investment analysts have rated the stock with a sell rating, six have assigned a hold rating and one has assigned a buy rating to the stock. Kindred Healthcare has a consensus rating of “Hold” and an average price target of $9.31.
Kindred Healthcare, Inc. (NYSE:KND) opened at $9.45 on Friday. The stock has a market cap of $863.86, a PE ratio of -1.19 and a beta of 1.09. The company has a current ratio of 1.52, a quick ratio of 1.50 and a debt-to-equity ratio of 9.05. Kindred Healthcare, Inc. has a 52-week low of $5.50 and a 52-week high of $11.90.
Kindred Healthcare (NYSE:KND) last issued its quarterly earnings results on Wednesday, February 28th. The health services provider reported $0.20 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.18 by $0.02. The business had revenue of $1.48 billion for the quarter, compared to the consensus estimate of $1.48 billion. Kindred Healthcare had a negative net margin of 11.16% and a positive return on equity of 4.64%. The firm’s quarterly revenue was down 2.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.05 EPS. analysts forecast that Kindred Healthcare, Inc. will post 0.85 earnings per share for the current year.
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Kindred Healthcare Company Profile
Kindred Healthcare, Inc, incorporated on March 27, 1998, is a healthcare services company. The Company, through its subsidiaries, operates transitional care (TC) hospitals, a home health, hospice and community care business, inpatient rehabilitation hospitals (IRFs), a contract rehabilitation services business, nursing centers and assisted living facilities across the United States.
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