California State Teachers Retirement System boosted its position in shares of Everyday Health Inc. (NYSE:EVDY) by 30.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 59,391 shares of the company’s stock after buying an additional 13,693 shares during the period. California State Teachers Retirement System owned approximately 0.20% of Everyday Health worth $468,000 as of its most recent SEC filing.
A number of other hedge funds have also recently bought and sold shares of the stock. Teachers Advisors Inc. raised its stake in Everyday Health by 12.0% in the first quarter. Teachers Advisors Inc. now owns 649,088 shares of the company’s stock worth $3,635,000 after buying an additional 69,613 shares during the period. JPMorgan Chase & Co. bought a new stake in Everyday Health during the first quarter worth about $5,348,000. Menta Capital LLC raised its stake in Everyday Health by 114.9% in the first quarter. Menta Capital LLC now owns 29,718 shares of the company’s stock worth $166,000 after buying an additional 15,892 shares during the period. Bank of Montreal Can bought a new stake in Everyday Health during the second quarter worth about $191,000. Finally, Jacobs Levy Equity Management Inc. bought a new stake in Everyday Health during the first quarter worth about $894,000. 65.22% of the stock is owned by institutional investors.
Everyday Health Inc. (NYSE:EVDY) traded up 2.45% during trading on Monday, reaching $8.35. The company had a trading volume of 41,924 shares. The company’s market capitalization is $251.26 million. Everyday Health Inc. has a 52-week low of $3.71 and a 52-week high of $10.59. The company has a 50 day moving average price of $7.66 and a 200 day moving average price of $7.07.
Everyday Health (NYSE:EVDY) last posted its earnings results on Thursday, August 4th. The company reported ($0.05) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.07) by $0.02. The company earned $57.65 million during the quarter, compared to analyst estimates of $57.51 million. Everyday Health had a positive return on equity of 1.04% and a negative net margin of 12.19%. The company’s revenue for the quarter was up 5.2% compared to the same quarter last year. During the same period in the previous year, the company earned $0.27 EPS. On average, equities analysts forecast that Everyday Health Inc. will post $0.48 EPS for the current fiscal year.
A number of analysts have recently issued reports on EVDY shares. Zacks Investment Research lowered shares of Everyday Health from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 4th. TheStreet raised shares of Everyday Health from a “sell” rating to a “hold” rating in a research report on Thursday, June 16th. Finally, Leerink Swann reissued an “outperform” rating and issued a $13.00 price target on shares of Everyday Health in a research report on Tuesday, June 14th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $11.58.
Everyday Health Company Profile
Everyday Health, Inc, formerly Waterfront Media Inc, operates a digital marketing and communications platform for healthcare marketers that want to engage with consumers and healthcare professionals. The Company’s platform combines content from brands, data and analytics. The Company’s segment is providing digital health marketing and communications solutions.
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