KCG Holdings Inc. cut its stake in shares of Nobilis Health Corp (NYSE:HLTH) (TSE:NHC) by 52.6% during the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 72,298 shares of the healthcare company’s stock after selling 80,315 shares during the period. KCG Holdings Inc.’s holdings in Nobilis Health Corp were worth $123,000 as of its most recent filing with the SEC.
Several other institutional investors have also recently bought and sold shares of HLTH. Globeflex Capital L P boosted its position in Nobilis Health Corp by 46.8% in the first quarter. Globeflex Capital L P now owns 135,292 shares of the healthcare company’s stock valued at $230,000 after buying an additional 43,100 shares in the last quarter. Thrivent Financial For Lutherans purchased a new position in Nobilis Health Corp during the first quarter valued at about $664,000. SG Americas Securities LLC boosted its position in Nobilis Health Corp by 346.8% in the first quarter. SG Americas Securities LLC now owns 64,181 shares of the healthcare company’s stock valued at $109,000 after buying an additional 49,817 shares in the last quarter. Bank of New York Mellon Corp boosted its position in Nobilis Health Corp by 3.0% in the first quarter. Bank of New York Mellon Corp now owns 161,086 shares of the healthcare company’s stock valued at $274,000 after buying an additional 4,672 shares in the last quarter. Finally, LSV Asset Management purchased a new position in Nobilis Health Corp during the first quarter valued at about $4,014,000.
Shares of Nobilis Health Corp (NYSE HLTH) remained flat at $1.55 during midday trading on Thursday. The company’s stock had a trading volume of 177,032 shares. Nobilis Health Corp has a 52 week low of $1.10 and a 52 week high of $3.86. The stock has a market capitalization of $120.60 million and a PE ratio of 21.83. The firm’s 50-day moving average is $1.71 and its 200-day moving average is $1.72.
Nobilis Health Corp (NYSE:HLTH) (TSE:NHC) last released its earnings results on Wednesday, August 2nd. The healthcare company reported $0.02 EPS for the quarter, beating analysts’ consensus estimates of $0.01 by $0.01. The business had revenue of $79.96 million during the quarter, compared to analyst estimates of $69.89 million. Equities analysts predict that Nobilis Health Corp will post $0.14 EPS for the current fiscal year.
Nobilis Health Corp announced that its board has approved a share repurchase plan on Tuesday, May 2nd that allows the company to repurchase 4,000,000 shares. This repurchase authorization allows the healthcare company to buy shares of its stock through open market purchases. Shares repurchase plans are typically an indication that the company’s board believes its shares are undervalued.
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Several research firms recently issued reports on HLTH. Zacks Investment Research cut shares of Nobilis Health Corp from a “strong-buy” rating to a “hold” rating in a research note on Thursday, July 20th. Benchmark Co. began coverage on shares of Nobilis Health Corp in a research note on Friday, May 19th. They issued a “buy” rating and a $2.50 target price for the company. One investment analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $2.70.
Nobilis Health Corp Company Profile
Nobilis Health Corp. (Nobilis) owns and manages healthcare facilities in the States of Texas and Arizona, consisting primarily of ambulatory surgery centers (ASCs) and acute-care and surgical hospitals. The Company’s segments include Medical Services, Marketing Services and Corporate. The Medical Services segment owns and manages approximately nine healthcare facilities in Texas and Arizona; over four hospitals, and approximately five ambulatory surgery centers.
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