Arizona State Retirement System Has $1.02 Million Holdings in The Providence Service Co. (PRSC)

Arizona State Retirement System boosted its position in shares of The Providence Service Co. (NASDAQ:PRSC) by 6.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 16,967 shares of the company’s stock after purchasing an additional 995 shares during the period. Arizona State Retirement System’s holdings in The Providence Service were worth $1,018,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Bank of Montreal Can increased its position in shares of The Providence Service by 24.7% during the fourth quarter. Bank of Montreal Can now owns 1,643 shares of the company’s stock valued at $98,000 after acquiring an additional 325 shares during the last quarter. Wells Fargo & Company MN increased its position in shares of The Providence Service by 4.7% during the third quarter. Wells Fargo & Company MN now owns 17,649 shares of the company’s stock valued at $1,187,000 after acquiring an additional 786 shares during the last quarter. Systematic Financial Management LP increased its position in shares of The Providence Service by 4.5% during the third quarter. Systematic Financial Management LP now owns 19,720 shares of the company’s stock valued at $1,327,000 after acquiring an additional 850 shares during the last quarter. United Services Automobile Association increased its position in shares of The Providence Service by 35.2% during the second quarter. United Services Automobile Association now owns 4,476 shares of the company’s stock valued at $352,000 after acquiring an additional 1,166 shares during the last quarter. Finally, Man Group plc increased its position in shares of The Providence Service by 3.0% during the third quarter. Man Group plc now owns 39,664 shares of the company’s stock valued at $2,669,000 after acquiring an additional 1,167 shares during the last quarter. Institutional investors and hedge funds own 96.37% of the company’s stock.

A number of equities research analysts have weighed in on PRSC shares. BidaskClub upgraded shares of The Providence Service from a “hold” rating to a “buy” rating in a research report on Wednesday. ValuEngine cut shares of The Providence Service from a “buy” rating to a “hold” rating in a research report on Friday, November 2nd.

Shares of PRSC opened at $74.29 on Thursday. The Providence Service Co. has a 1-year low of $54.02 and a 1-year high of $83.90. The stock has a market cap of $940.25 million, a price-to-earnings ratio of 35.65 and a beta of 0.89.

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The Providence Service Company Profile

The Providence Service Corporation, through its subsidiaries, provides healthcare and workforce development services in the United States and internationally. It operates in two segments, Non-Emergency Transportation Services (NET Services) and Workforce Development Services (WD Services). The NET Services segment offers non-emergency medical transportation services for Medicaid or Medicare eligible members, whose limited mobility or financial resources hinder their ability to access necessary healthcare and social services.

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Institutional Ownership by Quarter for The Providence Service (NASDAQ:PRSC)

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