Stock of the Day: Could Envision Healthcare Holdings Inc See a Reversal After This Very Strong Session?

Stock of the Day: Could Envision Healthcare Holdings Inc See a Reversal After This Very Strong Session?

The stock of Envision Healthcare Holdings Inc (NYSE:EVHC) is a huge mover today! About 1.37 million shares traded hands. Envision Healthcare Holdings Inc (NYSE:EVHC) has declined 3.84% since April 11, 2016 and is downtrending. It has underperformed by 9.98% the S&P500.
The move comes after 6 months positive chart setup for the $3.77 billion company. It was reported on Nov, 11 by Barchart.com. We have $26.77 PT which if reached, will make NYSE:EVHC worth $1.28B more.

Envision Healthcare Holdings Inc (NYSE:EVHC) Ratings Coverage

Out of 12 analysts covering Envision Healthcare Holdings (NYSE:EVHC), 10 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 83% are positive. Envision Healthcare Holdings has been the topic of 31 analyst reports since August 3, 2015 according to StockzIntelligence Inc. On Friday, October 23 the stock rating was maintained by Barclays Capital with “Overweight”. Citigroup upgraded Envision Healthcare Holdings Inc (NYSE:EVHC) on Tuesday, December 22 to “Buy” rating. The stock has “Market Perform” rating given by Wells Fargo on Thursday, June 16. The stock has “Outperform” rating given by Wells Fargo on Thursday, October 22. The firm earned “Outperform” rating on Wednesday, November 2 by Wells Fargo. RBC Capital Markets maintained the shares of EVHC in a report on Tuesday, February 23 with “Outperform” rating. As per Friday, June 24, the company rating was maintained by Mizuho. The firm earned “Outperform” rating on Friday, July 31 by Oppenheimer. As per Friday, June 17, the company rating was downgraded by Oppenheimer. Mizuho initiated the shares of EVHC in a report on Thursday, December 3 with “Neutral” rating.

According to Zacks Investment Research, “Envision Healthcare Holdings, Inc. engages in providing physician-led, outsourced medical services primarily in the United States. The Company, through its subsidiaries, provides medical services and solutions, including emergency, anesthesiology, hospitalist/inpatient care, radiology, tele-radiology and surgery. It offers an array of healthcare-related services to consumers, hospitals, healthcare systems, health plans and local, state and national government entities. Envision Healthcare Holdings, Inc. is headquartered in Greenwood Village, Colorado.”

Insitutional Activity: The institutional sentiment decreased to 1.21 in Q2 2016. Its down 0.57, from 1.78 in 2016Q1. The ratio is negative, as 26 funds sold all Envision Healthcare Holdings Inc shares owned while 83 reduced positions. 53 funds bought stakes while 79 increased positions. They now own 186.24 million shares or 7.16% less from 200.60 million shares in 2016Q1.
Andra Ap accumulated 0.01% or 13,300 shares. Federated Invsts Pa accumulated 150,224 shares or 0.01% of the stock. Broadview Ltd Limited Liability Company has 0.65% invested in the company for 171,700 shares. Wolverine Asset Ltd Limited Liability Company holds 272,762 shares or 0.11% of its portfolio. Cornerstone Capital Ltd Com has 2.53 million shares for 3.39% of their US portfolio. The United Kingdom-based Marshall Wace Llp has invested 0% in Envision Healthcare Holdings Inc (NYSE:EVHC). Highbridge Mngmt Ltd Llc has 248,064 shares for 0.1% of their US portfolio. The New York-based Springbok Management Ltd Llc has invested 0.12% in Envision Healthcare Holdings Inc (NYSE:EVHC). The Connecticut-based Columbus Circle Invsts has invested 0.2% in Envision Healthcare Holdings Inc (NYSE:EVHC). The Missouri-based Century has invested 0% in Envision Healthcare Holdings Inc (NYSE:EVHC). Ladenburg Thalmann Finance has 1,372 shares for 0% of their US portfolio. Zurcher Kantonalbank (Zurich Cantonalbank) has 0.01% invested in the company for 15,355 shares. Deutsche Retail Bank Ag accumulated 0.02% or 906,620 shares. First Light Asset Mngmt Lc holds 2.26% of its portfolio in Envision Healthcare Holdings Inc (NYSE:EVHC) for 191,946 shares. Hudson Bay Capital L P holds 0.41% or 527,519 shares in its portfolio.

More news for Envision Healthcare Holdings Inc (NYSE:EVHC) were recently published by: Businesswire.com, which released: “Envision and AMSURG Announce Proposed Private Offering of $750 Million Senior …” on November 10, 2016. Businesswire.com‘s article titled: “Envision Healthcare Holdings, Inc. to Report Operating Results for Periods …” and published on October 18, 2016 is yet another important article.

EVHC Company Profile

Envision Healthcare Holdings, Inc., formerly CDRT Holding Corporation, incorporated on February 28, 2011, is a holding company. The Company, through its subsidiary, provides physician-led medical services in the United States. The Firm offers a range of clinically and coordinated care solutions across the patient continuum. The Firm operates in two divisions: EmCare Holdings, Inc. (EmCare) and American Medical Response, Inc. (AMR). The Firm provides Emergency Department (ED) physician services to hospitals and other facilities. The Company’s hospitalist services include inpatient physician services. It provides anesthesiology services to hospitals, free-standing ambulatory surgery centers and physician offices. The Firm provides radiology, including tele-radiology services to hospitals. It offers management, oversight and surgeon staffing for trauma surgery services.

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