Two Sigma Advisers LP Grows Position in athenahealth, Inc (ATHN)

Share on StockTwits

Two Sigma Advisers LP increased its holdings in shares of athenahealth, Inc (NASDAQ:ATHN) by 27.0% during the 4th quarter, HoldingsChannel.com reports. The fund owned 5,648 shares of the health services provider’s stock after buying an additional 1,200 shares during the period. Two Sigma Advisers LP’s holdings in athenahealth were worth $745,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. M&T Bank Corp raised its stake in athenahealth by 14.9% during the fourth quarter. M&T Bank Corp now owns 1,905 shares of the health services provider’s stock worth $251,000 after acquiring an additional 247 shares during the period. Essex Savings Bank acquired a new stake in shares of athenahealth in the fourth quarter valued at approximately $33,000. Xact Kapitalforvaltning AB increased its stake in shares of athenahealth by 5.1% in the fourth quarter. Xact Kapitalforvaltning AB now owns 6,237 shares of the health services provider’s stock valued at $823,000 after purchasing an additional 300 shares during the period. Larson Financial Group LLC acquired a new stake in shares of athenahealth in the fourth quarter valued at approximately $40,000. Finally, Great West Life Assurance Co. Can increased its stake in shares of athenahealth by 13.9% in the fourth quarter. Great West Life Assurance Co. Can now owns 4,872 shares of the health services provider’s stock valued at $620,000 after purchasing an additional 594 shares during the period. Hedge funds and other institutional investors own 94.33% of the company’s stock.

NASDAQ ATHN opened at $134.99 on Wednesday. athenahealth, Inc has a 12 month low of $116.77 and a 12 month high of $163.94. The company has a current ratio of 2.74, a quick ratio of 2.74 and a debt-to-equity ratio of 0.22. The company has a market cap of $5.48 billion, a P/E ratio of 85.98, a P/E/G ratio of 2.41 and a beta of 0.75.

Several equities research analysts have commented on the stock. BidaskClub lowered shares of athenahealth from a “hold” rating to a “sell” rating in a research note on Tuesday, January 22nd. ValuEngine upgraded shares of athenahealth from a “hold” rating to a “buy” rating in a research note on Tuesday, December 25th. One investment analyst has rated the stock with a sell rating, nineteen have assigned a hold rating and three have given a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $147.75.

TRADEMARK VIOLATION WARNING: “Two Sigma Advisers LP Grows Position in athenahealth, Inc (ATHN)” was first published by Ticker Report and is owned by of Ticker Report. If you are accessing this piece of content on another website, it was copied illegally and republished in violation of U.S. & international trademark & copyright law. The correct version of this piece of content can be accessed at https://www.tickerreport.com/banking-finance/4299628/two-sigma-advisers-lp-grows-position-in-athenahealth-inc-athn.html.

athenahealth Company Profile

athenahealth, Inc, together with its subsidiaries, provides network-based medical record, revenue cycle, patient engagement, care coordination, and population health services for medical groups and health systems. It offers athenaCollector, a network-enabled billing and practice management solution; athenaClinicals, an electronic health record for managing patient's clinical documentation; athenaCommunicator, an engagement and communication solution that provides an automated communication service between patients and provider practices for interactions outside the exam room; and athenaCoordinator for order transmission and care coordination services.

Featured Article: What is the Coverage Ratio?

Want to see what other hedge funds are holding ATHN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for athenahealth, Inc (NASDAQ:ATHN).

Institutional Ownership by Quarter for athenahealth (NASDAQ:ATHN)

Receive News & Ratings for athenahealth Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for athenahealth and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Viuly  1-Day Trading Volume Tops $218.00
Viuly 1-Day Trading Volume Tops $218.00
Bolenum  Price Hits $0.0000 on Major Exchanges
Bolenum Price Hits $0.0000 on Major Exchanges
Finjan Holdings Inc  Given Consensus Recommendation of “Strong Buy” by Analysts
Finjan Holdings Inc Given Consensus Recommendation of “Strong Buy” by Analysts
Align Technology  Issues Q2 2019 Earnings Guidance
Align Technology Issues Q2 2019 Earnings Guidance
Speedway Motorsports, Inc.  to Issue Quarterly Dividend of $0.15
Speedway Motorsports, Inc. to Issue Quarterly Dividend of $0.15
US stock indexes finish slightly lower a day Following record
US stock indexes finish slightly lower a day Following record


© 2006-2019 Ticker Report