20,148 Shares in Hanger Inc (HNGR) Acquired by Raymond James & Associates

Raymond James & Associates purchased a new stake in shares of Hanger Inc (OTCMKTS:HNGR) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 20,148 shares of the healthcare company’s stock, valued at approximately $382,000. Raymond James & Associates owned approximately 0.05% of Hanger at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Bank of New York Mellon Corp purchased a new stake in shares of Hanger in the fourth quarter valued at approximately $599,000. BlackRock Inc. increased its position in shares of Hanger by 14,188,200.0% in the fourth quarter. BlackRock Inc. now owns 141,883 shares of the healthcare company’s stock valued at $2,689,000 after buying an additional 141,882 shares in the last quarter. California Public Employees Retirement System purchased a new stake in shares of Hanger in the fourth quarter valued at approximately $290,000. Acadian Asset Management LLC increased its position in shares of Hanger by 139.6% in the fourth quarter. Acadian Asset Management LLC now owns 87,242 shares of the healthcare company’s stock valued at $1,653,000 after buying an additional 50,837 shares in the last quarter. Finally, Monarch Partners Asset Management LLC purchased a new stake in shares of Hanger in the fourth quarter valued at approximately $393,000. Institutional investors own 3.61% of the company’s stock.

HNGR has been the topic of a number of research analyst reports. TheStreet raised Hanger from a “d” rating to a “c” rating in a research note on Friday, March 29th. Zacks Investment Research lowered Hanger from a “hold” rating to a “sell” rating in a research note on Thursday, March 21st.

Shares of OTCMKTS:HNGR traded up $0.21 during trading on Friday, reaching $20.53. The stock had a trading volume of 93,601 shares, compared to its average volume of 210,224. Hanger Inc has a 1-year low of $15.60 and a 1-year high of $24.50.

Hanger (OTCMKTS:HNGR) last issued its quarterly earnings results on Thursday, March 14th. The healthcare company reported $0.40 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.40. The firm had revenue of $284.85 million during the quarter, compared to analyst estimates of $288.65 million.

TRADEMARK VIOLATION WARNING: This piece was published by Baseball Daily News and is the sole property of of Baseball Daily News. If you are accessing this piece on another publication, it was illegally stolen and reposted in violation of US & international copyright and trademark legislation. The correct version of this piece can be read at https://www.baseballdailydigest.com/news/2019/05/04/20148-shares-in-hanger-inc-hngr-acquired-by-raymond-james-associates.html.

About Hanger

Hanger, Inc provides orthotic and prosthetic (O&P) services; and distributes O&P devices and components, manages O&P networks, and provides therapeutic solutions to patients and businesses in acute, post-acute, and clinic settings in the United States. It operates through two segments, Patient Care and Products & Services.

Recommended Story: What is a Derivative?

Institutional Ownership by Quarter for Hanger (OTCMKTS:HNGR)

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