How Analysts Feel About TeamHealth Holdings Inc After Today’s Bullish Options Activity?

 How Analysts Feel About TeamHealth Holdings Inc After Today's Bullish Options Activity?

In today’s session TeamHealth Holdings Inc (TMH) registered an unusually high (831) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the January, 2017 call, expecting serious TMH increase. With 831 contracts traded and 8774 open interest for the Jan, 17 contract, it seems this is a quite bullish bet. The option with symbol: TMH170120C00040000 closed last at: $3.3 or 20% up. About 1.67 million shares traded hands. TeamHealth Holdings Inc (NYSE:TMH) has risen 1.77% since March 31, 2016 and is uptrending. It has underperformed by 0.75% the S&P500.

TeamHealth Holdings Inc (NYSE:TMH) Ratings Coverage

Out of 16 analysts covering Team Health Holdings (NYSE:TMH), 7 rate it a “Buy”, 0 “Sell”, while 9 “Hold”. This means 44% are positive. Team Health Holdings has been the topic of 38 analyst reports since August 5, 2015 according to StockzIntelligence Inc. UBS maintained TeamHealth Holdings Inc (NYSE:TMH) on Thursday, August 4 with “Neutral” rating. RBC Capital Markets downgraded the stock to “Sector Perform” rating in Tuesday, November 1 report. On Wednesday, December 9 the stock rating was maintained by Canaccord Genuity with “Buy”. The firm earned “Outperform” rating on Tuesday, December 15 by RBC Capital Markets. The firm earned “Buy” rating on Thursday, August 4 by SunTrust. JP Morgan reinitiated TeamHealth Holdings Inc (NYSE:TMH) on Wednesday, November 4 with “Overweight” rating. Mizuho maintained TeamHealth Holdings Inc (NYSE:TMH) on Friday, August 5 with “Neutral” rating. RBC Capital Markets maintained it with “Outperform” rating and $75 target price in Wednesday, August 5 report. The firm has “Buy” rating given on Wednesday, March 16 by Stifel Nicolaus. As per Thursday, August 11, the company rating was upgraded by Jefferies.

According to Zacks Investment Research, “Team Health Holdings, L.L.C. is a supplier of outsourced healthcare professional staffing and administrative services to hospitals and other healthcare providers in the United States. TeamHealth operates in two segments: Healthcare Services and Billing Services. The Healthcare Services segment, which comprises healthcare staffing, clinics and occupational health, provides healthcare service programs to users and providers of healthcare services on a fee for service, as well as a cost plus basis. The Billing Services segment provides a range of external billing, collection and consulting services on a fee basis to outside third-party customers.”

Insitutional Activity: The institutional sentiment increased to 0.93 in 2016 Q2. Its up 0.18, from 0.75 in 2016Q1. The ratio increased, as 23 funds sold all TeamHealth Holdings Inc shares owned while 73 reduced positions. 24 funds bought stakes while 65 increased positions. They now own 78.44 million shares or 1.78% less from 79.86 million shares in 2016Q1.
Moreover, United Service Automobile Association has 0.01% invested in TeamHealth Holdings Inc (NYSE:TMH) for 62,487 shares. Oxford Asset last reported 28,910 shares in the company. Invesco Limited has 0.03% invested in the company for 1.70 million shares. Westfield Lp holds 0.44% of its portfolio in TeamHealth Holdings Inc (NYSE:TMH) for 1.32 million shares. The Ohio-based Strs Ohio has invested 0% in TeamHealth Holdings Inc (NYSE:TMH). The New York-based Bnp Paribas Arbitrage has invested 0% in TeamHealth Holdings Inc (NYSE:TMH). Tci Wealth Advisors Inc holds 0.01% of its portfolio in TeamHealth Holdings Inc (NYSE:TMH) for 350 shares. Springbok Mngmt owns 700 shares or 0% of their US portfolio. The Switzerland-based Swiss National Bank has invested 0.01% in TeamHealth Holdings Inc (NYSE:TMH). Zurcher Kantonalbank (Zurich Cantonalbank), a Switzerland-based fund reported 2,186 shares. Neuberger Berman Grp Limited Liability has invested 0% of its portfolio in TeamHealth Holdings Inc (NYSE:TMH). Blackrock Group reported 64,160 shares or 0% of all its holdings. Legal And General Gru Public Limited Company accumulated 20,048 shares or 0% of the stock. Ameriprise Fincl Incorporated last reported 0% of its portfolio in the stock. Great West Life Assurance Can has invested 0% of its portfolio in TeamHealth Holdings Inc (NYSE:TMH).

Team Health Holdings, Inc. is a well-known provider of outsourced healthcare professional staffing and administrative services to hospitals and other healthcare providers. The company has a market cap of $3.14 billion. The Firm operates through four divisions: Hospital Based Services, IPC Healthcare, Specialty Services and Other Services. It has a 70.49 P/E ratio. The Hospital Based Services segment provides healthcare service programs to users of healthcare services on a fee for service, as well as a cost plus or contract basis.

TMH Company Profile

Team Health Holdings, Inc. (TeamHealth), incorporated on December 15, 1998, is a well-known provider of outsourced healthcare professional staffing and administrative services to hospitals and other healthcare providers in the United States. The Firm operates through four divisions: Hospital Based Services, IPC Healthcare, Specialty Services and Other Services. The Hospital Based Services segment, which is an aggregation of emergency medicine, anesthesia, and the Company’s acute care services, provides healthcare service programs to users of healthcare services on a fee for service, as well as a cost plus or contract basis. The IPC Healthcare segment consists of IPC and provides acute hospital medicine and post-acute well-known provider service programs to users of healthcare services. The Specialty Services segment, which is an aggregation of military and government healthcare staffing, clinical services, and nurse call center operations, provides healthcare service programs to users of healthcare services in an outpatient setting or in a non-hospital environment. The Other Services segment is an aggregation of locums staffing, scribes, and billing, collection and consulting services that provides a range of other healthcare services. The Firm serves approximately 3,400 civilian and military hospitals, clinics and physician groups in over 45 states with a team of over 18,000 affiliated healthcare professionals, including physicians, physician assistants, nurse practitioners and nurses. The Firm provides outsourced services in emergency departments (EDs).

More notable recent TeamHealth Holdings Inc (NYSE:TMH) news were published by: Fool.com which released: “Why TeamHealth Holdings Inc’s Shares Popped 16% Today” on October 31, 2016, also Businesswire.com with their article: “TEAM HEALTH HOLDINGS, INC. SHAREHOLDER ALERT: Former SEC Attorney Willie …” published on November 02, 2016, Prnewswire.com published: “Harwood Feffer LLP Announces Investigation of Team Health Holdings, Inc.” on October 31, 2016. More interesting news about TeamHealth Holdings Inc (NYSE:TMH) were released by: Prnewswire.com and their article: “TeamHealth (TMH) Alert: Johnson & Weaver, LLP Launches an Investigation into …” published on October 31, 2016 as well as Reuters.com‘s news article titled: “Blackstone in the lead to acquire Team Health: sources” with publication date: October 18, 2016.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Tags: , ,

Related posts

Leave a Comment