Endurant Capital Management LP boosted its position in shares of Envision Healthcare Co. (NYSE:EVHC) by 189.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 196,174 shares of the company’s stock after acquiring an additional 128,314 shares during the period. Envision Healthcare accounts for 2.1% of Endurant Capital Management LP’s investment portfolio, making the stock its 18th biggest holding. Endurant Capital Management LP owned approximately 0.16% of Envision Healthcare worth $6,780,000 at the end of the most recent reporting period.
Other institutional investors have also recently added to or reduced their stakes in the company. CIBC World Markets Inc. acquired a new position in Envision Healthcare during the 4th quarter worth $208,000. CENTRAL TRUST Co lifted its position in Envision Healthcare by 79.7% during the 4th quarter. CENTRAL TRUST Co now owns 6,626 shares of the company’s stock worth $229,000 after acquiring an additional 2,939 shares during the last quarter. Alps Advisors Inc. acquired a new position in Envision Healthcare during the 4th quarter worth $235,000. M&T Bank Corp lifted its position in Envision Healthcare by 33.6% during the 4th quarter. M&T Bank Corp now owns 6,818 shares of the company’s stock worth $235,000 after acquiring an additional 1,716 shares during the last quarter. Finally, Parametrica Management Ltd acquired a new position in Envision Healthcare during the 4th quarter worth $236,000.
A number of research firms have weighed in on EVHC. Robert W. Baird reissued an “outperform” rating and set a $50.00 target price (up previously from $45.00) on shares of Envision Healthcare in a research report on Wednesday, March 7th. Mizuho set a $38.00 target price on shares of Envision Healthcare and gave the stock a “hold” rating in a research report on Friday, March 2nd. Royal Bank of Canada reissued a “buy” rating and set a $48.00 target price on shares of Envision Healthcare in a research report on Thursday, March 1st. SunTrust Banks boosted their target price on shares of Envision Healthcare to $45.00 and gave the stock a “buy” rating in a research report on Thursday, March 1st. Finally, Jefferies Group set a $46.00 target price on shares of Envision Healthcare and gave the stock a “buy” rating in a research report on Thursday. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and nine have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $42.57.
Envision Healthcare stock opened at $39.01 on Monday. The company has a market cap of $4,717.28, a PE ratio of 14.45, a PEG ratio of 0.97 and a beta of 0.48. The company has a current ratio of 3.40, a quick ratio of 3.38 and a debt-to-equity ratio of 0.87. Envision Healthcare Co. has a 52-week low of $23.77 and a 52-week high of $66.39.
Envision Healthcare (NYSE:EVHC) last announced its quarterly earnings data on Tuesday, February 27th. The company reported $0.59 EPS for the quarter, beating the Zacks’ consensus estimate of $0.45 by $0.14. The business had revenue of $2 billion during the quarter, compared to analyst estimates of $1.97 billion. Envision Healthcare had a negative net margin of 2.52% and a positive return on equity of 4.62%. The firm’s revenue for the quarter was up 68.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.15 earnings per share. sell-side analysts forecast that Envision Healthcare Co. will post 3.34 EPS for the current fiscal year.
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About Envision Healthcare
Envision Healthcare Holdings, Inc, formerly CDRT Holding Corporation, is a holding company. The Company, through its subsidiary, provides physician-led medical services in the United States. It operates in two segments: EmCare Holdings, Inc (EmCare) and American Medical Response, Inc (AMR). Its EmCare segment is a provider of integrated facility-based and post-acute care physician services to healthcare facilities in the United States.
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