Press Ganey Holdings Inc. (NYSE:PGND)‘s stock had its “market perform” rating reissued by investment analysts at Raymond James Financial Inc. in a report released on Tuesday.

A number of other research firms also recently issued reports on PGND. Goldman Sachs Group Inc. downgraded Press Ganey Holdings from a “buy” rating to a “neutral” rating and set a $39.00 price objective on the stock. in a research note on Monday, June 20th. They noted that the move was a valuation call. Avondale Partners downgraded Press Ganey Holdings from an “outperform” rating to a “market perform” rating in a research note on Wednesday, August 10th. BMO Capital Markets downgraded Press Ganey Holdings from an “outperform” rating to a “market perform” rating in a research note on Wednesday, August 10th. Robert W. Baird reaffirmed an “outperform” rating and issued a $43.00 price objective (up previously from $37.00) on shares of Press Ganey Holdings in a research note on Saturday, June 25th. Finally, William Blair downgraded Press Ganey Holdings from an “outperform” rating to a “market perform” rating in a research note on Monday. Ten investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $39.56.

Analyst Recommendations for Press Ganey Holdings (NYSE:PGND)

Shares of Press Ganey Holdings (NYSE:PGND) opened at 40.23 on Tuesday. The company has a 50-day moving average price of $40.43 and a 200-day moving average price of $35.52. Press Ganey Holdings has a 52 week low of $23.68 and a 52 week high of $42.09. The stock has a market cap of $2.13 billion, a price-to-earnings ratio of 78.73 and a beta of 0.99.

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Press Ganey Holdings (NYSE:PGND) last posted its quarterly earnings results on Monday, August 1st. The company reported $0.30 EPS for the quarter, topping the Zacks’ consensus estimate of $0.27 by $0.03. Press Ganey Holdings had a return on equity of 6.21% and a net margin of 7.92%. The company had revenue of $91.20 million for the quarter, compared to analysts’ expectations of $88.41 million. Equities analysts anticipate that Press Ganey Holdings will post $1.14 EPS for the current year.

In other Press Ganey Holdings news, insider Patricia L. Riskind sold 64,052 shares of the company’s stock in a transaction on Friday, September 16th. The stock was sold at an average price of $40.38, for a total value of $2,586,419.76. Following the transaction, the insider now owns 129,325 shares of the company’s stock, valued at approximately $5,222,143.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Devin J. Anderson sold 37,500 shares of the company’s stock in a transaction on Friday, September 2nd. The shares were sold at an average price of $40.29, for a total value of $1,510,875.00. Following the completion of the transaction, the insider now directly owns 179,406 shares in the company, valued at approximately $7,228,267.74. The disclosure for this sale can be found here. 5.10% of the stock is owned by company insiders.

A number of institutional investors have recently made changes to their positions in PGND. Acrospire Investment Management LLC increased its position in shares of Press Ganey Holdings by 23.8% in the second quarter. Acrospire Investment Management LLC now owns 2,600 shares of the company’s stock valued at $102,000 after buying an additional 500 shares during the period. Teacher Retirement System of Texas increased its position in shares of Press Ganey Holdings by 13.8% in the second quarter. Teacher Retirement System of Texas now owns 2,942 shares of the company’s stock valued at $116,000 after buying an additional 357 shares during the period. Legal & General Group Plc acquired a new position in shares of Press Ganey Holdings during the second quarter valued at approximately $124,000. Tower Research Capital LLC TRC increased its position in shares of Press Ganey Holdings by 3,359.0% in the second quarter. Tower Research Capital LLC TRC now owns 3,459 shares of the company’s stock valued at $136,000 after buying an additional 3,359 shares during the period. Finally, Barclays PLC increased its position in shares of Press Ganey Holdings by 10,132.6% in the second quarter. Barclays PLC now owns 4,400 shares of the company’s stock valued at $173,000 after buying an additional 4,357 shares during the period. 96.61% of the stock is currently owned by institutional investors.

Press Ganey Holdings Company Profile

Press Ganey Holdings, Inc is a provider of patient experience and caregiver measurement, performance analytics and strategic advisory solutions for healthcare organizations. The Company provides its clients with a digital platform that captures the perspectives of patients, physicians, nurses and other healthcare employees and enables its clients to benchmark, analyze and manage the patient and caregiver experience.

5 Day Chart for NYSE:PGND

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