WebMD Health Corp (NASDAQ:WBMD)‘s stock had its “market perform” rating reaffirmed by Raymond James Financial, Inc. in a note issued to investors on Tuesday.

WBMD has been the subject of a number of other reports. Leerink Swann downgraded shares of WebMD Health Corp from an “outperform” rating to a “market perform” rating in a research report on Tuesday. SunTrust Banks, Inc. downgraded shares of WebMD Health Corp from a “buy” rating to a “hold” rating in a research report on Tuesday. BidaskClub raised shares of WebMD Health Corp from a “strong sell” rating to a “sell” rating in a research report on Friday, June 23rd. Zacks Investment Research raised shares of WebMD Health Corp from a “hold” rating to a “buy” rating and set a $62.00 target price for the company in a research report on Tuesday, July 18th. Finally, William Blair reissued a “hold” rating on shares of WebMD Health Corp in a research report on Friday, March 31st. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and four have assigned a buy rating to the company’s stock. WebMD Health Corp presently has an average rating of “Hold” and a consensus target price of $63.67.

Shares of WebMD Health Corp (NASDAQ WBMD) opened at 66.10 on Tuesday. The company’s 50-day moving average price is $58.04 and its 200 day moving average price is $53.92. WebMD Health Corp has a 52 week low of $48.10 and a 52 week high of $66.13. The firm has a market cap of $2.40 billion, a P/E ratio of 34.48 and a beta of 0.74.

WebMD Health Corp (NASDAQ:WBMD) last announced its quarterly earnings data on Tuesday, May 2nd. The health services provider reported $0.30 earnings per share for the quarter, beating the consensus estimate of $0.27 by $0.03. WebMD Health Corp had a net margin of 12.55% and a return on equity of 27.77%. The firm had revenue of $154.06 million for the quarter, compared to analyst estimates of $152.53 million. On average, equities analysts anticipate that WebMD Health Corp will post $2.04 earnings per share for the current year.

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Several institutional investors have recently added to or reduced their stakes in WBMD. Oregon Public Employees Retirement Fund raised its position in WebMD Health Corp by 1.5% in the first quarter. Oregon Public Employees Retirement Fund now owns 13,522 shares of the health services provider’s stock valued at $712,000 after buying an additional 200 shares in the last quarter. DUPONT CAPITAL MANAGEMENT Corp raised its stake in shares of WebMD Health Corp by 78.8% in the first quarter. DUPONT CAPITAL MANAGEMENT Corp now owns 121,200 shares of the health services provider’s stock worth $6,385,000 after buying an additional 53,433 shares during the period. Glen Harbor Capital Management LLC raised its stake in shares of WebMD Health Corp by 10.0% in the first quarter. Glen Harbor Capital Management LLC now owns 2,464 shares of the health services provider’s stock worth $130,000 after buying an additional 224 shares during the period. Sanders Morris Harris Inc. purchased a new stake in shares of WebMD Health Corp during the first quarter worth about $211,000. Finally, Louisiana State Employees Retirement System raised its stake in shares of WebMD Health Corp by 2.8% in the first quarter. Louisiana State Employees Retirement System now owns 9,500 shares of the health services provider’s stock worth $500,000 after buying an additional 260 shares during the period. 91.99% of the stock is currently owned by institutional investors.

About WebMD Health Corp

WebMD Health Corp. is a provider of health information services. The Company provides its services to consumers, physicians and other healthcare professionals through its Websites, mobile applications and health-focused publications. Advertisers and sponsors use The WebMD Health Network to reach and engage healthcare professionals and consumers who are interested in healthy living, wellness, diseases and conditions, and other health-related topics.

Analyst Recommendations for WebMD Health Corp (NASDAQ:WBMD)

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