Envision Healthcare Holdings Inc (EVHC) : Sachem Head Capital Management Lp reduced its stake in Envision Healthcare Holdings Inc by 37.06% during the most recent quarter end. The investment management company now holds a total of 3,100,000 shares of Envision Healthcare Holdings Inc which is valued at $65,410,000 after selling 1,825,000 shares in Envision Healthcare Holdings Inc , the firm said in a disclosure report filed with the SEC on Nov 14, 2016.Envision Healthcare Holdings Inc makes up approximately 3.26% of Sachem Head Capital Management Lp’s portfolio.
Other Hedge Funds, Including , Sterling Capital Management reduced its stake in EVHC by selling 83,634 shares or 66.32% in the most recent quarter. The Hedge Fund company now holds 42,474 shares of EVHC which is valued at $896,201. Envision Healthcare Holdings Inc makes up approx 0.01% of Sterling Capital Management’s portfolio. Financial Management Professionals sold out all of its stake in EVHC during the most recent quarter. The investment firm sold 355 shares of EVHC which is valued $7,899. Lmr Partners Llp sold out all of its stake in EVHC during the most recent quarter. The investment firm sold 98,399 shares of EVHC which is valued $2,122,466. Stoneridge Investment Partners added EVHC to its portfolio by purchasing 40,329 company shares during the most recent quarter which is valued at $797,708. Envision Healthcare Holdings Inc makes up approx 0.12% of Stoneridge Investment Partners’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.