Everpoint Asset Management buys $36,582,000 stake in Envision Healthcare Holdings Inc (EVHC)

Envision Healthcare Holdings Inc (EVHC) : Everpoint Asset Management scooped up 1,175,000 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 Aug 15, 2016. The investment management firm now holds a total of 1,675,000 shares of Envision Healthcare Holdings Inc which is valued at $36,582,000.Envision Healthcare Holdings Inc makes up approximately 0.96% of Everpoint Asset Management’s portfolio.

Other Hedge Funds, Including , Rock Springs Capital Management Lp boosted its stake in EVHC in the latest quarter, The investment management firm added 25,000 additional shares and now holds a total of 291,000 shares of Envision Healthcare Holdings Inc which is valued at $6,355,440. Envision Healthcare Holdings Inc makes up approx 0.45% of Rock Springs Capital Management Lp’s portfolio. State Of Tennessee Treasury Department sold out all of its stake in EVHC during the most recent quarter. The investment firm sold 60,000 shares of EVHC which is valued $1,310,400.Pacad Investment Ltd. reduced its stake in EVHC by selling 14,768 shares or 20.48% in the most recent quarter. The Hedge Fund company now holds 57,348 shares of EVHC which is valued at $1,252,480. Envision Healthcare Holdings Inc makes up approx 0.17% of Pacad Investment Ltd.’s portfolio.Blackrock Investment Management reduced its stake in EVHC by selling 312,480 shares or 73.52% in the most recent quarter. The Hedge Fund company now holds 112,530 shares of EVHC which is valued at $2,457,655.Victory Capital Management Inc boosted its stake in EVHC in the latest quarter, The investment management firm added 1,776 additional shares and now holds a total of 33,444 shares of Envision Healthcare Holdings Inc which is valued at $735,768.

Envision Healthcare Holdings Inc closed down -0.01 points or -0.05% at $21.45 with 47,80,721 shares getting traded on Thursday. Post opening the session at $21.5, the shares hit an intraday low of $21.165 and an intraday high of $21.5 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

On the company’s financial health, Envision Healthcare Holdings Inc reported $0.34 EPS for the quarter, missing the analyst consensus estimate by $ -0.01 based on the information available during the earnings call on Aug 3, 2016. Analyst had a consensus of $0.35. The company had revenue of $1641.00 million for the quarter, compared to analysts expectations of $1668.02 million. The company’s revenue was up 21.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.37 EPS.

Many Wall Street Analysts have commented on Envision Healthcare Holdings Inc. Company shares were Reiterated by Mizuho on Jun 24, 2016 to “Neutral”, Firm has raised the Price Target to $ 27 from a previous price target of $24 .Envision Healthcare Holdings Inc was Downgraded by Wells Fargo to ” Market Perform” on Jun 16, 2016. Envision Healthcare Holdings Inc was Downgraded by Citigroup to ” Neutral” on Jun 16, 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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