Mn Services Vermogensbeheer B.V. lifted its holdings in shares of Davita Inc (NYSE:DVA) by 1.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 78,454 shares of the company’s stock after purchasing an additional 800 shares during the quarter. Mn Services Vermogensbeheer B.V.’s holdings in Davita were worth $4,259,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also made changes to their positions in DVA. Norges Bank acquired a new position in shares of Davita during the 4th quarter worth $274,676,000. BlackRock Inc. grew its stake in Davita by 34.0% in the 4th quarter. BlackRock Inc. now owns 12,931,031 shares of the company’s stock valued at $665,428,000 after buying an additional 3,280,413 shares during the last quarter. Oregon Public Employees Retirement Fund grew its stake in Davita by 4,995.1% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 1,880,451 shares of the company’s stock valued at $37,000 after buying an additional 1,843,544 shares during the last quarter. Pendal Group Ltd acquired a new position in Davita in the 1st quarter valued at $1,585,000. Finally, DPM Capital LLC acquired a new position in Davita in the 4th quarter valued at $36,220,000. Institutional investors own 90.78% of the company’s stock.
NYSE:DVA opened at $49.23 on Friday. Davita Inc has a 1 year low of $48.25 and a 1 year high of $79.11. The company has a current ratio of 1.12, a quick ratio of 1.11 and a debt-to-equity ratio of 2.06. The firm has a market capitalization of $8.19 billion, a P/E ratio of 13.79, a PEG ratio of 0.53 and a beta of 1.28.
A number of research analysts recently issued reports on DVA shares. Zacks Investment Research upgraded shares of Davita from a “sell” rating to a “hold” rating in a research note on Thursday, February 14th. Robert W. Baird lowered their target price on shares of Davita from $90.00 to $70.00 and set an “outperform” rating on the stock in a research note on Friday, February 15th. They noted that the move was a valuation call. SunTrust Banks reiterated a “hold” rating on shares of Davita in a research note on Wednesday, February 20th. Finally, Deutsche Bank lowered their target price on shares of Davita from $68.00 to $66.00 and set a “buy” rating on the stock in a research note on Thursday, May 9th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and four have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $67.78.
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DaVita Inc provides kidney dialysis services for patients suffering from chronic kidney failure or end stage renal disease (ESRD). The company operates kidney dialysis centers and provides related lab services in outpatient dialysis centers. It also provides outpatient, hospital inpatient, and home-based hemodialysis services; owns clinical laboratories that provide routine laboratory tests for dialysis and other physician-prescribed laboratory tests for ESRD patients; and management and administrative services to outpatient dialysis centers.
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