Steadfast Capital Management Lp buys $151,280,159 stake in IMS Health Holdings Inc (IMS)

IMS Health Holdings Inc (IMS) : Steadfast Capital Management Lp scooped up 804,500 additional shares in IMS Health Holdings Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 5,121,197 shares of IMS Health Holdings Inc which is valued at $151,280,159.IMS Health Holdings Inc makes up approximately 3.89% of Steadfast Capital Management Lp’s portfolio.

Other Hedge Funds, Including , Pdt Partners boosted its stake in IMS in the latest quarter, The investment management firm added 45,800 additional shares and now holds a total of 161,600 shares of IMS Health Holdings Inc which is valued at $4,773,664. IMS Health Holdings Inc makes up approx 0.28% of Pdt Partners’s portfolio. Picton Mahoney Asset Management sold out all of its stake in IMS during the most recent quarter. The investment firm sold 128,100 shares of IMS which is valued $3,784,074. Signaturefd added IMS to its portfolio by purchasing 275 company shares during the most recent quarter which is valued at $8,256.Shell Asset Management Co boosted its stake in IMS in the latest quarter, The investment management firm added 40,199 additional shares and now holds a total of 47,919 shares of IMS Health Holdings Inc which is valued at $1,386,776. IMS Health Holdings Inc makes up approx 0.03% of Shell Asset Management Co’s portfolio.Ls Investment Advisors boosted its stake in IMS in the latest quarter, The investment management firm added 611 additional shares and now holds a total of 4,982 shares of IMS Health Holdings Inc which is valued at $142,635. IMS Health Holdings Inc makes up approx 0.01% of Ls Investment Advisors’s portfolio.

IMS Health Holdings Inc opened for trading at $29.83 and hit $29.92 on the upside on Thursday, eventually ending the session at $29.85, with a gain of 0.10% or 0.03 points. The heightened volatility saw the trading volume jump to 7,09,081 shares. Company has a market cap of $9,827 M.

On the company’s financial health, IMS Health Holdings Inc reported $0.41 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on Jul 27, 2016. Analyst had a consensus of $0.38. The company had revenue of $1576.00 million for the quarter, compared to analysts expectations of $799.33 million. The company’s revenue was up 112.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.37 EPS.

IMS Health Holdings Inc. (IMS) is an information and technology services company that provides solutions to its clients in the healthcare industry. The Company has its presence in over 100 countries. The Company’s data set contains over 10 petabytes of data and over 500 million patient records. The Company serves healthcare organizations and life science companies including pharmaceutical biotechnology consumer health and medical device manufacturers as well as distributors providers payers government agencies policymakers researchers and the financial community. The Company’s principal offerings include national information offerings sub-national information offerings workflow analytics real-world evidence (RWE) solutions technology and applications and clinical solutions.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *