Alps Advisors Inc. Invests $235,000 in Envision Healthcare Co. (EVHC)

Alps Advisors Inc. bought a new position in shares of Envision Healthcare Co. (NYSE:EVHC) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 6,800 shares of the company’s stock, valued at approximately $235,000.

A number of other institutional investors have also recently added to or reduced their stakes in EVHC. OZ Management LP purchased a new position in Envision Healthcare during the third quarter worth about $131,987,000. Douglas Lane & Associates LLC boosted its holdings in Envision Healthcare by 512.8% during the fourth quarter. Douglas Lane & Associates LLC now owns 672,252 shares of the company’s stock worth $23,233,000 after purchasing an additional 562,554 shares during the last quarter. Westfield Capital Management Co. LP boosted its holdings in Envision Healthcare by 72.0% during the third quarter. Westfield Capital Management Co. LP now owns 1,259,300 shares of the company’s stock worth $56,606,000 after purchasing an additional 527,015 shares during the last quarter. American Century Companies Inc. boosted its holdings in Envision Healthcare by 97.4% during the third quarter. American Century Companies Inc. now owns 1,003,310 shares of the company’s stock worth $45,099,000 after purchasing an additional 494,923 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its holdings in Envision Healthcare by 420.6% during the third quarter. JPMorgan Chase & Co. now owns 592,805 shares of the company’s stock worth $26,083,000 after purchasing an additional 478,926 shares during the last quarter.

Shares of Envision Healthcare Co. (NYSE EVHC) opened at $37.32 on Thursday. Envision Healthcare Co. has a 12-month low of $23.77 and a 12-month high of $73.00. The company has a debt-to-equity ratio of 0.89, a current ratio of 3.01 and a quick ratio of 3.00. The stock has a market cap of $4,401.58, a P/E ratio of 11.24, a PEG ratio of 0.94 and a beta of 0.58.

EVHC has been the topic of a number of research analyst reports. Jefferies Group set a $46.00 target price on shares of Envision Healthcare and gave the company a “buy” rating in a research note on Wednesday, February 7th. ValuEngine cut shares of Envision Healthcare from a “buy” rating to a “hold” rating in a research note on Friday, February 2nd. Credit Suisse Group boosted their target price on shares of Envision Healthcare from $36.00 to $43.50 and gave the company a “positive” rating in a research note on Wednesday, January 31st. KeyCorp dropped their target price on shares of Envision Healthcare from $67.00 to $37.00 and set an “overweight” rating on the stock in a research note on Thursday, November 2nd. Finally, Mizuho set a $35.00 target price on shares of Envision Healthcare and gave the company a “hold” rating in a research note on Wednesday, January 24th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and nine have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $41.83.

ILLEGAL ACTIVITY WARNING: This article was originally reported by Week Herald and is the sole property of of Week Herald. If you are reading this article on another publication, it was illegally stolen and republished in violation of US & international copyright & trademark legislation. The original version of this article can be viewed at https://weekherald.com/2018/02/15/alps-advisors-inc-invests-235000-in-envision-healthcare-co-evhc.html.

Envision Healthcare Company Profile

Envision Healthcare Holdings, Inc, formerly CDRT Holding Corporation, is a holding company. The Company, through its subsidiary, provides physician-led medical services in the United States. It operates in two segments: EmCare Holdings, Inc (EmCare) and American Medical Response, Inc (AMR). Its EmCare segment is a provider of integrated facility-based and post-acute care physician services to healthcare facilities in the United States.

Institutional Ownership by Quarter for Envision Healthcare (NYSE:EVHC)

Receive News & Ratings for Envision Healthcare Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Envision Healthcare and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply