DaVita healthCare Partners (DVA) : The money flow analysis of DaVita healthCare Partners (DVA) indicates a $23.45 million of outflow was on downticks, whereas, the investors on Friday gobbled up stocks worth $37.85 million on upticks. The ratio between the upticks and downticks was clearly in favor of the bulls at 1.61 and so was the total money flow at $14.4 million. A solid up-down ratio of 6.46 in block trades indicates that the investors are accumulating the stock on weakness. The bulls lapped up $16 million worth of block trades on upticks. Only $2.48 million worth of the stock exchanged hands on downticks. The money flow was $13.52 million in block trades, underlining the interest of the bulls in the stock even when the stock was declining.However, the price action shows that the bears had an upper hand in the stock of DaVita healthCare Partners (DVA), pushing it down by -0.68% for the day. The stock slid $0.44 and traded at $64.19 during the day. Nonetheless, the stock is 0.8% over the previous weeks close.
The company Insiders own 2.1% of DaVita healthCare Partners shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -19.63% . Institutional Investors own 83.75% of DaVita healthCare Partners shares. During last six month period, the net percent change held by insiders has seen a change of -36.86%.
In a related news,The officer (COO, Kidney Care) of Davita Healthcare Partners Inc., Staffieri Michael David sold 20,262 shares at $73.09 on August 9, 2016. The Insider selling transaction had a total value worth of $1,480,950. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
DaVita healthCare Partners (NYSE:DVA): The stock opened at $64.35 and touched an intraday high of $65.02 on Friday. During the day, the stock corrected to an intraday low of $64.35, however, the bulls stepped in and pushed the price higher to close in the green at $64.78 with a gain of 0.92% for the day. The total traded volume for the day was 1,390,535. The stock had closed at $64.19 in the previous trading session.
DaVita healthCare Partners (DVA) has been under a strong bear grip, hence the stock is down -15.72% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 1.22% in the past 1 week. The stock has risen by 1.73% in the past week indicating that the buyers are active at lower levels, but the stock is down -15.83% in the past 4 weeks.
DaVita HealthCare Partners Inc. consists of two divisions, Kidney Care and HealthCare Partners (HCP). Kidney Care is a provider of dialysis services in the United States, treating patients with chronic kidney failure and end stage renal disease (ESRD). Kidney Care division develops innovative clinical care, offers integrated treatment plans, personalized care teams and health-management services. As of December 31, 2014, we provided dialysis and administrative services in the U.S. through a network of 2,179 outpatient dialysis centers in 46 states and the District of Columbia, serving a total of approximately 173,000 patients. HealthCare Partners division is a patient- and physician-focused integrated health care delivery and management company. HealthCare Partners manages and operates medical groups and affiliated physician networks in Arizona, California, Nevada, Florida and New Mexico. As of December 2014, HealthCare Partners had approximately 837,000 members under its care.