Trade Report: Today, Vanguard Group Inc. decides to keep it stake in Team Health Holdings Inc. (TMH) to the level of $202,061,000

Today, Vanguard Group Inc. decides to keep it stake in Team Health Holdings Inc. (TMH) to the level of $202,061,000

Vanguard Group Inc. decreased its stake in Team Health Holdings Inc. (NYSE:TMH) by 5.0% during the second quarter, according to its most recent disclosure with the SEC. The firm owned 4,968,286 shares of the company’s stock after selling 260,530 shares during the period. Vanguard Group Inc. owned about 6.70% of Team Health Holdings worth $202,061,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of TMH. BNP Paribas Arbitrage SA boosted its position in Team Health Holdings by 711.6% in the second quarter. BNP Paribas Arbitrage SA now owns 3,206 shares of the company’s stock valued at $130,000 after buying an additional 2,811 shares during the period. Neuberger Berman Group LLC bought a new position in Team Health Holdings during the second quarter valued at $219,000. OMERS ADMINISTRATION Corp bought a new position in Team Health Holdings during the first quarter valued at $272,000. Gray Financial Group GA ADV ADV boosted its position in Team Health Holdings by 26.2% in the second quarter. Gray Financial Group GA ADV ADV now owns 7,028 shares of the company’s stock valued at $286,000 after buying an additional 1,459 shares during the period. Finally, Denver Investment Advisors LLC boosted its position in Team Health Holdings by 3.6% in the second quarter. Denver Investment Advisors LLC now owns 7,200 shares of the company’s stock valued at $293,000 after buying an additional 250 shares during the period.

Team Health Holdings Inc. (NYSE:TMH) opened at 38.23 on Monday. The stock has a market cap of $2.84 billion, a price-to-earnings ratio of 63.29 and a beta of 1.18. The firm’s 50-day moving average price is $34.57 and its 200-day moving average price is $40.13. Team Health Holdings Inc. has a 12-month low of $30.83 and a 12-month high of $63.56.

Team Health Holdings (NYSE:TMH) last posted its quarterly earnings data on Tuesday, August 2nd. The company reported $0.66 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.65 by $0.01. Team Health Holdings had a return on equity of 29.71% and a net margin of 0.74%. The company earned $1.12 billion during the quarter, compared to analysts’ expectations of $1.17 billion. During the same quarter in the previous year, the business earned $0.70 EPS. Team Health Holdings’s revenue was up 27.9% compared to the same quarter last year. On average, equities analysts predict that Team Health Holdings Inc. will post $2.68 EPS for the current fiscal year.

TMH has been the subject of several research analyst reports. Jefferies Group upgraded shares of Team Health Holdings from a “hold” rating to a “buy” rating and reduced their price target for the company from $49.00 to $47.00 in a report on Thursday, August 11th. Leerink Swann reiterated an “outperform” rating and issued a $40.00 price target (down previously from $56.00) on shares of Team Health Holdings in a report on Friday, August 26th. Canaccord Genuity reiterated a “buy” rating and issued a $2.80 price target on shares of Team Health Holdings in a report on Wednesday, August 17th. Bank of America Corp. reiterated a “buy” rating and issued a $52.00 price target on shares of Team Health Holdings in a report on Tuesday, June 21st. Finally, Citigroup Inc. assumed coverage on shares of Team Health Holdings in a report on Monday, September 26th. They issued a “neutral” rating and a $36.00 price target for the company. One research analyst has rated the stock with a sell rating, six have issued a hold rating and eleven have assigned a buy rating to the stock. Team Health Holdings currently has a consensus rating of “Buy” and an average price target of $47.27.

Team Health Holdings Company Profile

Related posts

Leave a Comment