Davita Inc Can Burn Your Long Portfolio. Option Traders Are Bearish

 Davita Inc Can Burn Your Long Portfolio. Option Traders Are Bearish

In today’s session Davita Inc (DVA) recorded an unusually high (3,125) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the November, 2016 put, expecting serious DVA decrease. With 3,125 contracts traded and 34184 open interest for the Nov, 16 contract, it seems this is a quite bearish bet. The option with symbol: DVA161118P00062500 closed last at: $3.5 or 0% . About 420,479 shares traded hands. Davita Inc (NYSE:DVA) has declined 18.33% since April 13, 2016 and is downtrending. It has underperformed by 22.26% the S&P500.

Davita Inc (NYSE:DVA) Ratings Coverage

Out of 6 analysts covering DaVita (NYSE:DVA), 1 rate it a “Buy”, 0 “Sell”, while 5 “Hold”. This means 17% are positive. $83 is the highest target while $71 is the lowest. The $73.25 average target is 21.21% above today’s ($60.43) stock price. DaVita has been the topic of 11 analyst reports since August 6, 2015 according to StockzIntelligence Inc. The stock of Davita Inc (NYSE:DVA) earned “Outperform” rating by Raymond James on Tuesday, September 20. RBC Capital Markets maintained the stock with “Sector Perform” rating in Thursday, August 6 report. The firm earned “Sector Perform” rating on Tuesday, February 16 by RBC Capital Markets. The stock of Davita Inc (NYSE:DVA) has “Neutral” rating given on Tuesday, August 9 by JP Morgan. Bernstein maintained the stock with “Market Perform” rating in Wednesday, March 2 report. JP Morgan initiated the stock with “Neutral” rating in Wednesday, September 16 report. As per Tuesday, September 6, the company rating was downgraded by Bank of America. Citigroup initiated the stock with “Neutral” rating in Tuesday, September 6 report. As per Wednesday, November 4, the company rating was maintained by RBC Capital Markets.

According to Zacks Investment Research, “DaVita Inc. is the parent company of DaVita Kidney Care and HealthCare Partners. DaVita Kidney Care is a provider of kidney care, delivering dialysis services for chronic kidney failure and end stage renal disease primarily in the United States. HealthCare Partners manages and operates medical groups and affiliated physician networks primarily in California, Nevada, New Mexico, Florida, Colorado and Washington. DaVita Inc., formerly known as DaVita HealthCare Partners Inc., is headquartered in Denver, Colorado.”

Insitutional Activity: The institutional sentiment increased to 1.04 in 2016 Q2. Its up 0.03, from 1.01 in 2016Q1. The ratio is positive, as 34 funds sold all Davita Inc shares owned while 162 reduced positions. 51 funds bought stakes while 153 increased positions. They now own 171.18 million shares or 3.23% less from 176.89 million shares in 2016Q1.
First Trust Advisors Lp holds 0.07% of its portfolio in Davita Inc (NYSE:DVA) for 277,001 shares. Goldman Sachs Inc has invested 0.02% of its portfolio in Davita Inc (NYSE:DVA). Westport Resource Incorporated last reported 200 shares in the company. Cls Invs Ltd accumulated 0.03% or 9,259 shares. Swift Run Cap Management Limited Liability Company has invested 9.51% of its portfolio in Davita Inc (NYSE:DVA). Tokio Marine Asset Co Limited holds 0.05% of its portfolio in Davita Inc (NYSE:DVA) for 5,896 shares. Bessemer Grp holds 0% or 254 shares in its portfolio. Daiwa Securities Grp Inc accumulated 4,000 shares or 0% of the stock. Nicholas Wi, a Wisconsin-based fund reported 1.51M shares. The Massachusetts-based Geode Mngmt Limited Liability Corp has invested 0.06% in Davita Inc (NYSE:DVA). Registered Inv Advisor, a Texas-based fund reported 7,425 shares. Louisiana State Employees Retirement System holds 0.04% of its portfolio in Davita Inc (NYSE:DVA) for 10,700 shares. Cibc Asset Mngmt has 26,128 shares for 0.02% of their US portfolio. Westwood Holding Inc, a Texas-based fund reported 3,800 shares. Moreover, Blackrock Group Limited has 0.1% invested in Davita Inc (NYSE:DVA) for 2.54 million shares.

Insider Transactions: Since May 17, 2016, the stock had 0 buys, and 4 selling transactions for $2.78 million net activity. Arway Pamela M sold $835,216 worth of Davita Inc (NYSE:DVA) on Wednesday, May 25. $357,834 worth of Davita Inc (NYSE:DVA) was sold by JIGANTI JEANINE MARIE on Friday, July 1. Kogod Dennis also sold $1.37M worth of Davita Inc (NYSE:DVA) shares. On Tuesday, May 17 ZUMWALT LEANNE M sold $41,469 worth of the stock or 538 shares. The insider STAFFIERI MICHAEL DAVID sold 20,262 shares worth $1.48M.

DaVita Inc., formerly DaVita HealthCare Partners Inc., is a well-known provider of kidney care services. The company has a market cap of $12.14 billion. The Firm operates Kidney Care division and HealthCare Partners division. It has a 17.48 P/E ratio. The Company’s divisions include U.S. dialysis and related lab services, HCP and Other-Ancillary services and strategic initiatives.

DVA Company Profile

DaVita Inc., formerly DaVita HealthCare Partners Inc., incorporated on April 4, 1994, is a well-known provider of kidney care services. The Firm operates Kidney Care division and HealthCare Partners (HCP) division. The Company’s divisions include U.S. dialysis and related lab services, HCP and Other-Ancillary services and strategic initiatives. The Company’s Kidney Care division is a well-known provider of dialysis services in the United States, treating patients with chronic kidney failure and end stage renal disease (ESRD). HCP division is a patient and physician-focused integrated health care delivery and management company.

More notable recent Davita Inc (NYSE:DVA) news were published by: Prnewswire.com which released: “DaVita Inc. 3rd Quarter 2016 Results” on November 02, 2016, also Prnewswire.com with their article: “DaVita Supports National Diabetes Month” published on November 08, 2016, Prnewswire.com published: “DaVita is the Clinical Leader in Government Five-Star Ratings” on October 24, 2016. More interesting news about Davita Inc (NYSE:DVA) were released by: Prnewswire.com and their article: “DaVita Named to Dow Jones Sustainability World Index” published on October 25, 2016 as well as Prnewswire.com‘s news article titled: “DaVita Announces Change for Medicaid Patients Seeking Affordable Care Act Plan …” with publication date: October 31, 2016.

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