athenahealth Inc (ATHN) : Integrated Investment Consultants scooped up 206 additional shares in athenahealth Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 14, 2016. The investment management firm now holds a total of 1,687 shares of athenahealth Inc which is valued at $208,210.athenahealth Inc makes up approximately 0.11% of Integrated Investment Consultants’s portfolio.
Other Hedge Funds, Including , Msi Financial Services Inc reduced its stake in ATHN by selling 195 shares or 41.94% in the most recent quarter. The Hedge Fund company now holds 270 shares of ATHN which is valued at $34,112. Daiwa Sb Investments Ltd. added ATHN to its portfolio by purchasing 8,000 company shares during the most recent quarter which is valued at $1,015,440. athenahealth Inc makes up approx 0.27% of Daiwa Sb Investments Ltd.’s portfolio.Creative Planning boosted its stake in ATHN in the latest quarter, The investment management firm added 4 additional shares and now holds a total of 11 shares of athenahealth Inc which is valued at $1,396. Simplex Trading added ATHN to its portfolio by purchasing 1,697 company shares during the most recent quarter which is valued at $213,771. athenahealth Inc makes up approx 0.03% of Simplex Trading’s portfolio.
athenahealth Inc closed down -2.92 points or -2.31% at $123.42 with 6,25,335 shares getting traded on Friday. Post opening the session at $127.54, the shares hit an intraday low of $122.91 and an intraday high of $127.54 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
On the company’s financial health, athenahealth Inc reported $0.34 EPS for the quarter, beating the analyst consensus estimate by $ 0.08 according to the earnings call on Apr 28, 2016. Analyst had a consensus of $0.26. The company had revenue of $256.15 million for the quarter, compared to analysts expectations of $248.49 million. The company’s revenue was up 24.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.24 EPS.
Many Wall Street Analysts have commented on athenahealth Inc. Company shares were Reiterated by Jefferies on Oct 14, 2016 to “Underperform”, Firm has raised the Price Target to $ 110 from a previous price target of $105 .athenahealth Inc was Resumed by Stifel to “Hold” on Aug 31, 2016. Shares were Reiterated by FBR Capital on Jul 22, 2016 to “Mkt Perform” and Lowered the Price Target to $ 140 from a previous price target of $145 .
athenahealth Inc. is a provider of cloud-based services and mobile applications for medical groups and health systems. The Company delivers cloud-based services for revenue cycle management and medical billing electronic health records (EHR) patient engagement care coordination population health management as well as clinical intelligence and decision support. Through these services the Company connects health care information and processes and drives results for more than 62000 health care providers in medical practices and health systems nationwide. The Company’s service offerings include the following: athenaCollector for revenue cycle management and medical billing; athenaClinicals for EHR management; athenaCommunicator for patient engagement and communication; athenaCoordinator for care coordination population health and financial and quality management and Epocrates for clinical intelligence and decision support services.