Howard Hughes Medical Institute Lowers stake in IMS Health Holdings Inc (IMS)

IMS Health Holdings Inc (IMS) : Howard Hughes Medical Institute reduced its stake in IMS Health Holdings Inc by 36.58% during the most recent quarter end. The investment management company now holds a total of 61,840 shares of IMS Health Holdings Inc which is valued at $1,829,846 after selling 35,674 shares in IMS Health Holdings Inc , the firm said in a disclosure report filed with the SEC on Aug 3, 2016.IMS Health Holdings Inc makes up approximately 0.58% of Howard Hughes Medical Institute’s portfolio.

Other Hedge Funds, Including , Great West Life Assurance Co Can boosted its stake in IMS in the latest quarter, The investment management firm added 55,462 additional shares and now holds a total of 138,034 shares of IMS Health Holdings Inc which is valued at $4,084,426. IMS Health Holdings Inc makes up approx 0.01% of Great West Life Assurance Co Can’s portfolio.Cibc Asset Management Inc boosted its stake in IMS in the latest quarter, The investment management firm added 127 additional shares and now holds a total of 13,182 shares of IMS Health Holdings Inc which is valued at $390,055. Strs Ohio sold out all of its stake in IMS during the most recent quarter. The investment firm sold 3,349 shares of IMS which is valued $96,920.Parkwood reduced its stake in IMS by selling 2,603 shares or 14.75% in the most recent quarter. The Hedge Fund company now holds 15,043 shares of IMS which is valued at $430,681. IMS Health Holdings Inc makes up approx 0.07% of Parkwood’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 closed down -0.33 points or -1.10% at $29.6 with 8,06,498 shares getting traded on Monday. Post opening the session at $29.86, the shares hit an intraday low of $29.51 and an intraday high of $29.915 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

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.

Many Wall Street Analysts have commented on IMS Health Holdings Inc. IMS Health Holdings Inc was Downgraded by Wells Fargo to ” Market Perform” on May 12, 2016.

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.

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