iKang Healthcare Group Inc (NASDAQ:KANG) saw unusually large options trading activity on Thursday. Stock traders purchased 2,821 call options on the company. This is an increase of approximately 969% compared to the average volume of 264 call options.
A number of equities analysts have recently issued reports on the stock. TheStreet raised shares of iKang Healthcare Group from a “d+” rating to a “c” rating in a research report on Friday, December 15th. BidaskClub cut shares of iKang Healthcare Group from a “buy” rating to a “hold” rating in a research report on Saturday, February 17th.
Hedge funds have recently added to or reduced their stakes in the company. Pictet Asset Management Ltd. bought a new position in shares of iKang Healthcare Group during the 3rd quarter worth about $330,000. Renaissance Technologies LLC bought a new position in iKang Healthcare Group in the 4th quarter valued at about $377,000. Two Sigma Advisers LP bought a new position in iKang Healthcare Group in the 4th quarter valued at about $414,000. Deutsche Bank AG lifted its position in iKang Healthcare Group by 136.8% in the 4th quarter. Deutsche Bank AG now owns 34,469 shares of the medical research company’s stock valued at $544,000 after acquiring an additional 19,915 shares in the last quarter. Finally, California Public Employees Retirement System bought a new position in iKang Healthcare Group in the 3rd quarter valued at about $888,000. 33.50% of the stock is currently owned by institutional investors.
iKang Healthcare Group Company Profile
iKang Healthcare Group, Inc provides preventive healthcare solutions, including a range of medical examinations services and value-added services, including disease screening, dental services and other services in China. The Company’s segments include medical examinations and other medical services, and dental services.
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