Curated Wealth Partners LLC purchased a new stake in shares of DaVita Inc. (NYSE:DVA – Free Report) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 19,883 shares of the company’s stock, valued at approximately $3,478,000.
Several other large investors also recently added to or reduced their stakes in the company. Berkshire Hathaway Inc bought a new stake in DaVita during the 2nd quarter valued at $6,425,269,000. BlackRock Inc. bought a new position in DaVita during the second quarter valued at approximately $547,520,000. Dimensional Fund Advisors LP lifted its position in DaVita by 5.2% in the first quarter. Dimensional Fund Advisors LP now owns 1,145,436 shares of the company’s stock valued at $176,037,000 after purchasing an additional 56,336 shares during the last quarter. Bank of America Corp DE purchased a new position in shares of DaVita in the second quarter valued at about $145,057,000. Finally, Bank of New York Mellon Corp bought a new position in DaVita during the 2nd quarter valued at approximately $101,127,000. Hedge funds and other institutional investors own 90.12% of the company’s stock.
Analyst Ratings Changes
Several equities research analysts recently weighed in on the company. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $265.00 price target on shares of DaVita in a research note on Wednesday, August 5th. Zacks Research lowered shares of DaVita from a “strong-buy” rating to a “hold” rating in a report on Monday, July 6th. Truist Financial dropped their price objective on DaVita from $250.00 to $215.00 and set a “hold” rating for the company in a research note on Friday, August 7th. Raymond James Financial set a $220.00 price target on DaVita in a research note on Friday, August 7th. Finally, Weiss Ratings upgraded DaVita from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, October 9th. Four equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $233.43.
DaVita Stock Performance
DaVita stock traded up $5.93 during midday trading on Thursday, hitting $186.63. 157,905 shares of the company’s stock were exchanged, compared to its average volume of 888,992. The company has a market cap of $11.91 billion, a PE ratio of 15.26, a P/E/G ratio of 0.47 and a beta of 0.80. The firm has a 50-day moving average of $180.23 and a two-hundred day moving average of $190.34. DaVita Inc. has a 12 month low of $101.00 and a 12 month high of $247.49.
DaVita (NYSE:DVA – Get Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The company reported $4.02 earnings per share for the quarter, beating analysts’ consensus estimates of $3.88 by $0.14. DaVita had a negative return on equity of 217.63% and a net margin of 6.05%. The company had revenue of $3.55 billion for the quarter, compared to the consensus estimate of $3.50 billion. During the same quarter last year, the company earned $2.95 earnings per share. The firm’s revenue for the quarter was up 5.2% compared to the same quarter last year. DaVita has set its FY 2026 guidance at 14.100-15.200 EPS. As a group, equities analysts expect that DaVita Inc. will post 14.57 earnings per share for the current year.
About DaVita
DaVita Inc is a healthcare company focused on kidney care and renal disease management. Through its DaVita Kidney Care business, the company provides outpatient dialysis treatments for people with end-stage kidney disease, including hemodialysis and peritoneal dialysis, as well as home dialysis support.
The company also operates hospital-based dialysis programs and offers clinical, administrative and care-coordination services intended to support patients across the kidney-care journey.
Featured Articles
- Five stocks we like better than DaVita
- Beyond the GPU: Credo Paves the Next AI Data Superhighway
- Fastenal Flashes Bullish Signal as Uptrend Holds Despite Margin Pressure
- Synopsys Signals Confidence With $1B Accelerated Buyback, Analysts Raise Targets
- Domino’s Pizza: As Cheap As It Gets, Nowhere to Go But Up
Want to see what other hedge funds are holding DVA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for DaVita Inc. (NYSE:DVA – Free Report).
Receive News & Ratings for DaVita Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DaVita and related companies with MarketBeat.com's FREE daily email newsletter.
