Corvex Management Lp buys $57,887,048 stake in Envision Healthcare Holdings Inc (EVHC)

Envision Healthcare Holdings Inc (EVHC) : Corvex Management Lp scooped up 349,860 additional shares in Envision Healthcare Holdings Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Nov 14, 2016. The investment management firm now holds a total of 2,743,462 shares of Envision Healthcare Holdings Inc which is valued at $57,887,048.Envision Healthcare Holdings Inc makes up approximately 1.09% of Corvex Management Lp’s portfolio.

Other Hedge Funds, Including , Manufacturers Life Insurance Company The boosted its stake in EVHC in the latest quarter, The investment management firm added 94 additional shares and now holds a total of 6,544 shares of Envision Healthcare Holdings Inc which is valued at $131,600.Geode Capital Management boosted its stake in EVHC in the latest quarter, The investment management firm added 90,454 additional shares and now holds a total of 1,266,898 shares of Envision Healthcare Holdings Inc which is valued at $25,084,580. Envision Healthcare Holdings Inc makes up approx 0.01% of Geode Capital Management’s portfolio.Three Peaks Capital Management boosted its stake in EVHC in the latest quarter, The investment management firm added 4,569 additional shares and now holds a total of 87,069 shares of Envision Healthcare Holdings Inc which is valued at $1,878,078. Envision Healthcare Holdings Inc makes up approx 0.31% of Three Peaks Capital Management’s portfolio.Public Employees Retirement Association Of Colorado reduced its stake in EVHC by selling 1,449 shares or 3.35% in the most recent quarter. The Hedge Fund company now holds 41,843 shares of EVHC which is valued at $902,554. Envision Healthcare Holdings Inc makes up approx 0.01% of Public Employees Retirement Association Of Colorado’s portfolio.Nationwide Fund Advisors boosted its stake in EVHC in the latest quarter, The investment management firm added 46,694 additional shares and now holds a total of 295,308 shares of Envision Healthcare Holdings Inc which is valued at $6,526,307. Envision Healthcare Holdings Inc makes up approx 0.03% of Nationwide Fund Advisors’s portfolio.

Envision Healthcare Holdings Inc closed down -0.3 points or -1.32% at $22.46 with 15,12,683 shares getting traded on Monday. Post opening the session at $22.77, the shares hit an intraday low of $22.36 and an intraday high of $22.91 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

On the company’s financial health, Envision Healthcare Holdings Inc reported $0.36 EPS for the quarter, based on the information available during the earnings call on Nov 1, 2016. Analyst had a consensus estimate of $0.36. The company had revenue of $1638.75 million for the quarter, compared to analysts expectations of $1675.26 million. The company’s revenue was up 19.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.30 EPS.

Many Wall Street Analysts have commented on Envision Healthcare Holdings Inc. Envision Healthcare Holdings Inc was Upgraded by Wells Fargo to ” Outperform” on Nov 2, 2016. Envision Healthcare Holdings Inc was Upgraded by Citigroup to ” Buy” on Sep 26, 2016.

Envision Healthcare Holdings Inc. is a holding company. The Company provides physician-led outsourced medical services in the United States. The Company operates in two segments: EmCare Holdings Inc. (EmCare) in the facility-based and post-acute care physician service business and American Medical Response Inc. (AMR) in the healthcare transportation service business. EmCare provides integrated facility-based physician services for emergency departments anesthesiology hospitalist or inpatient radiology teleradiology and surgery programs. EmCare also offers physician-led care management solutions outside the hospital. AMR provides a range of healthcare transportation services from basic patient transit to the emergency care and pre-hospital assistance. In addition AMR operates emergency (911) call and response service. It offers contracted medical staffing and provides telephone triage transportation dispatch and demand management services. It brands include EmCare and AMR.

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