Vaughan Nelson Investment Management L.P. grew its stake in shares of Envision Healthcare (NYSE:EVHC) by 12.5% in the first quarter, according to the company in its most recent filing with the SEC. The firm owned 1,431,002 shares of the company’s stock after acquiring an additional 159,397 shares during the quarter. Vaughan Nelson Investment Management L.P. owned about 1.18% of Envision Healthcare worth $54,993,000 as of its most recent SEC filing.
Several other large investors also recently added to or reduced their stakes in the company. Gabelli Funds LLC lifted its position in shares of Envision Healthcare by 0.7% during the 1st quarter. Gabelli Funds LLC now owns 288,000 shares of the company’s stock valued at $11,068,000 after acquiring an additional 2,000 shares during the period. Candriam Luxembourg S.C.A. lifted its position in shares of Envision Healthcare by 865.4% during the 1st quarter. Candriam Luxembourg S.C.A. now owns 94,215 shares of the company’s stock valued at $3,621,000 after acquiring an additional 84,456 shares during the period. Federated Investors Inc. PA lifted its position in shares of Envision Healthcare by 194.8% during the 1st quarter. Federated Investors Inc. PA now owns 2,753 shares of the company’s stock valued at $106,000 after acquiring an additional 1,819 shares during the period. KBC Group NV lifted its position in shares of Envision Healthcare by 217.9% during the 1st quarter. KBC Group NV now owns 53,281 shares of the company’s stock valued at $2,047,000 after acquiring an additional 36,523 shares during the period. Finally, Systematic Financial Management LP bought a new stake in shares of Envision Healthcare during the 1st quarter worth $1,412,000.
Shares of Envision Healthcare opened at $42.90 on Wednesday, according to Marketbeat. Envision Healthcare has a 12-month low of $23.77 and a 12-month high of $64.00. The company has a quick ratio of 2.25, a current ratio of 2.27 and a debt-to-equity ratio of 0.65. The stock has a market capitalization of $5.24 billion, a price-to-earnings ratio of 17.30, a PEG ratio of 0.98 and a beta of 0.43.
Envision Healthcare (NYSE:EVHC) last issued its earnings results on Monday, May 7th. The company reported $0.71 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.64 by $0.07. Envision Healthcare had a return on equity of 4.59% and a net margin of 1.41%. The business had revenue of $2.08 billion during the quarter, compared to analysts’ expectations of $2.02 billion. During the same quarter in the prior year, the firm earned $0.77 EPS. The business’s revenue for the quarter was up 10.6% compared to the same quarter last year. research analysts forecast that Envision Healthcare will post 3.39 earnings per share for the current fiscal year.
Several brokerages recently weighed in on EVHC. Zacks Investment Research upgraded Envision Healthcare from a “hold” rating to a “buy” rating and set a $46.00 price objective for the company in a research report on Friday, May 11th. Canaccord Genuity upped their price objective on Envision Healthcare from $46.00 to $48.00 and gave the stock a “buy” rating in a research report on Wednesday, May 9th. ValuEngine downgraded Envision Healthcare from a “sell” rating to a “strong sell” rating in a research report on Wednesday, May 2nd. Robert W. Baird set a $50.00 price objective on Envision Healthcare and gave the stock a “buy” rating in a research report on Wednesday, April 11th. Finally, Jefferies Group set a $46.00 price objective on Envision Healthcare and gave the stock a “buy” rating in a research report on Wednesday, April 11th. Two analysts have rated the stock with a sell rating, six have issued a hold rating and nine have issued a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $41.10.
About Envision Healthcare
Envision Healthcare Corporation, through its subsidiaries, provides various healthcare services in the United States. The company operates through two segments, Physician Services and Ambulatory Services. As of December 31, 2017, its physician-led services encompassed providers at approximately 1,800 clinical departments at healthcare facilities in 45 states and the District of Columbia that include emergency department and hospitalist, anesthesiology, radiology/tele-radiology, and children's services.
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