Envision Healthcare Corp (EVHC) Shares Sold by US Bancorp DE

US Bancorp DE lessened its holdings in Envision Healthcare Corp (NYSE:EVHC) by 20.7% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 8,065 shares of the company’s stock after selling 2,109 shares during the period. US Bancorp DE’s holdings in Envision Healthcare were worth $355,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Wells Fargo & Company MN increased its position in Envision Healthcare by 0.6% during the 1st quarter. Wells Fargo & Company MN now owns 818,658 shares of the company’s stock worth $31,462,000 after buying an additional 5,082 shares during the period. Mackay Shields LLC bought a new position in Envision Healthcare during the 1st quarter worth $783,000. American Century Companies Inc. bought a new position in Envision Healthcare during the 1st quarter worth $4,960,000. State Board of Administration of Florida Retirement System increased its position in Envision Healthcare by 1.7% during the 1st quarter. State Board of Administration of Florida Retirement System now owns 148,844 shares of the company’s stock worth $5,720,000 after buying an additional 2,502 shares during the period. Finally, Fjarde AP Fonden Fourth Swedish National Pension Fund increased its position in Envision Healthcare by 4.6% during the 1st quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 40,317 shares of the company’s stock worth $1,549,000 after buying an additional 1,781 shares during the period.

Several research analysts have weighed in on EVHC shares. William Blair cut Envision Healthcare from an “outperform” rating to a “market perform” rating in a research report on Monday, June 11th. Robert W. Baird lowered Envision Healthcare from an “outperform” rating to a “neutral” rating in a report on Monday, June 11th. Royal Bank of Canada lowered Envision Healthcare from an “outperform” rating to a “sector perform” rating in a report on Tuesday, June 12th. SunTrust Banks lowered Envision Healthcare from a “buy” rating to a “hold” rating in a report on Tuesday, June 12th. Finally, Raymond James reissued a “market perform” rating and set a $51.00 target price on shares of Envision Healthcare in a report on Tuesday, June 12th. One analyst has rated the stock with a sell rating, twelve have issued a hold rating and five have given a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $42.28.

NYSE:EVHC opened at $45.96 on Tuesday. Envision Healthcare Corp has a twelve month low of $23.77 and a twelve month high of $46.00. The stock has a market capitalization of $5.55 billion, a P/E ratio of 18.53, a price-to-earnings-growth ratio of 1.17 and a beta of 0.31. The company has a current ratio of 2.44, a quick ratio of 2.42 and a debt-to-equity ratio of 0.87.

Envision Healthcare (NYSE:EVHC) last announced its quarterly earnings results on Monday, August 6th. The company reported $0.92 EPS for the quarter, beating the Zacks’ consensus estimate of $0.87 by $0.05. Envision Healthcare had a positive return on equity of 5.04% and a negative net margin of 18.81%. The firm had revenue of $2.07 billion for the quarter, compared to analyst estimates of $2.10 billion. During the same period last year, the firm posted $0.85 earnings per share. The business’s revenue for the quarter was up 6.5% on a year-over-year basis. Equities analysts predict that Envision Healthcare Corp will post 3.4 EPS for the current fiscal year.

Envision Healthcare Company Profile

Envision Healthcare Corporation, through its subsidiaries, provides various healthcare services in the United States. The company operates through two segments, Physician Services and Ambulatory Services. As of December 31, 2017, its physician-led services encompassed providers at approximately 1,800 clinical departments at healthcare facilities in 45 states and the District of Columbia that include emergency department and hospitalist, anesthesiology, radiology/tele-radiology, and children's services.

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

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