Todays Report: The Eagle Asset Management Inc. Reached $29,257,000 position of Adeptus Health Inc. (ADPT)

The Eagle Asset Management Inc. Reached $29,257,000 position  of Adeptus Health Inc. (ADPT)

Eagle Asset Management Inc. boosted its stake in shares of Adeptus Health Inc. (NYSE:ADPT) by 7.5% during the third quarter, Holdings Channel reports. The institutional investor owned 679,615 shares of the company’s stock after buying an additional 47,438 shares during the period. Eagle Asset Management Inc.’s holdings in Adeptus Health were worth $29,257,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the stock. Lebenthal Lisanti Capital Growth LLC increased its position in Adeptus Health by 1.1% in the second quarter. Lebenthal Lisanti Capital Growth LLC now owns 10,790 shares of the company’s stock valued at $557,000 after buying an additional 120 shares in the last quarter. Mariner Investment Group LLC increased its position in Adeptus Health by 1.3% in the second quarter. Mariner Investment Group LLC now owns 39,000 shares of the company’s stock worth $2,015,000 after buying an additional 500 shares during the period. Parametric Portfolio Associates LLC increased its position in Adeptus Health by 11.2% in the second quarter. Parametric Portfolio Associates LLC now owns 6,657 shares of the company’s stock worth $344,000 after buying an additional 671 shares during the period. A.R.T. Advisors LLC increased its position in Adeptus Health by 6.3% in the second quarter. A.R.T. Advisors LLC now owns 11,593 shares of the company’s stock worth $598,000 after buying an additional 690 shares during the period. Finally, Louisiana State Employees Retirement System increased its position in Adeptus Health by 13.2% in the second quarter. Louisiana State Employees Retirement System now owns 6,000 shares of the company’s stock worth $310,000 after buying an additional 700 shares during the period.

Adeptus Health Inc. (NYSE:ADPT) traded up 0.10% during mid-day trading on Friday, hitting $10.01. 324,080 shares of the stock were exchanged. The company has a 50 day moving average of $22.87 and a 200 day moving average of $43.11. The firm has a market cap of $164.11 million, a P/E ratio of 1.77 and a beta of 1.22. Adeptus Health Inc. has a 12-month low of $7.91 and a 12-month high of $73.44.

ADPT has been the topic of a number of research reports. JMP Securities cut their target price on shares of Adeptus Health from $94.00 to $92.00 and set a “market outperform” rating on the stock in a research report on Wednesday, August 31st. Jefferies Group set a $77.00 target price on shares of Adeptus Health and gave the company a “buy” rating in a research report on Thursday, September 8th. Goldman Sachs Group Inc. set a $80.00 target price on shares of Adeptus Health and gave the company a “buy” rating in a research report on Thursday, September 8th. Bank of America Corp. downgraded shares of Adeptus Health from a “buy” rating to an “underperform” rating in a research report on Wednesday, November 2nd. Finally, Stephens downgraded shares of Adeptus Health from an “overweight” rating to an “equal weight” rating in a research report on Wednesday, November 2nd. Three analysts have rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $44.80.

About Adeptus Health

Adeptus Health Inc is a patient-centered healthcare company. The Company is engaged in providing emergency medical care through a network of independent freestanding emergency rooms in the United States and partnerships with various healthcare systems. The Company has approximately 80 freestanding facilities and over two licensed general hospitals.

Related posts

Leave a Comment