Kindred Healthcare, Inc. (NYSE:KND) has received an average rating of “Hold” from the ten ratings firms that are covering the firm, MarketBeat Ratings reports. Two analysts have rated the stock with a sell recommendation, seven have given a hold recommendation and one has issued a buy recommendation on the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $8.86.

KND has been the topic of a number of recent analyst reports. Zacks Investment Research raised shares of Kindred Healthcare from a “sell” rating to a “hold” rating in a research report on Tuesday, November 21st. Stifel Nicolaus raised shares of Kindred Healthcare from a “sell” rating to a “hold” rating and set a $7.00 target price on the stock in a research report on Monday, November 20th. Deutsche Bank reaffirmed a “hold” rating and issued a $9.00 target price (down from $10.00) on shares of Kindred Healthcare in a research report on Monday, September 18th. ValuEngine raised shares of Kindred Healthcare from a “sell” rating to a “hold” rating in a research report on Thursday, November 9th. Finally, Mizuho reissued a “neutral” rating and set a $7.50 price objective (down from $8.00) on shares of Kindred Healthcare in a research report on Tuesday, October 10th.

A number of institutional investors have recently modified their holdings of KND. Geode Capital Management LLC grew its position in Kindred Healthcare by 9.9% during the 1st quarter. Geode Capital Management LLC now owns 651,927 shares of the health services provider’s stock worth $5,443,000 after purchasing an additional 58,607 shares during the last quarter. Morgan Stanley grew its position in Kindred Healthcare by 92.8% during the 1st quarter. Morgan Stanley now owns 497,504 shares of the health services provider’s stock worth $4,154,000 after purchasing an additional 239,467 shares during the last quarter. Renaissance Technologies LLC grew its position in Kindred Healthcare by 18.4% during the 1st quarter. Renaissance Technologies LLC now owns 307,052 shares of the health services provider’s stock worth $2,564,000 after purchasing an additional 47,772 shares during the last quarter. Metropolitan Life Insurance Co. NY grew its position in Kindred Healthcare by 6.1% during the 1st quarter. Metropolitan Life Insurance Co. NY now owns 58,888 shares of the health services provider’s stock worth $492,000 after purchasing an additional 3,396 shares during the last quarter. Finally, Public Employees Retirement System of Ohio grew its position in Kindred Healthcare by 11.5% during the 1st quarter. Public Employees Retirement System of Ohio now owns 24,305 shares of the health services provider’s stock worth $203,000 after purchasing an additional 2,506 shares during the last quarter. 89.65% of the stock is currently owned by institutional investors.

Kindred Healthcare (KND) opened at $7.75 on Friday. The company has a debt-to-equity ratio of 6.22, a current ratio of 1.55 and a quick ratio of 1.53. The company has a market cap of $625.91, a price-to-earnings ratio of 36.00, a P/E/G ratio of 3.56 and a beta of 1.21. Kindred Healthcare has a 52-week low of $5.50 and a 52-week high of $11.90.

Kindred Healthcare (NYSE:KND) last posted its earnings results on Monday, November 6th. The health services provider reported ($0.11) EPS for the quarter, beating the Zacks’ consensus estimate of ($0.19) by $0.08. The firm had revenue of $1.48 billion for the quarter, compared to the consensus estimate of $1.44 billion. Kindred Healthcare had a negative net margin of 8.06% and a positive return on equity of 2.29%. The company’s revenue was down 5.5% on a year-over-year basis. During the same period last year, the firm posted $0.05 EPS. research analysts predict that Kindred Healthcare will post 0.27 earnings per share for the current fiscal year.

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Kindred Healthcare Company Profile

Kindred Healthcare, Inc, incorporated on March 27, 1998, is a healthcare services company. The Company, through its subsidiaries, operates transitional care (TC) hospitals, a home health, hospice and community care business, inpatient rehabilitation hospitals (IRFs), a contract rehabilitation services business, nursing centers and assisted living facilities across the United States.

Analyst Recommendations for Kindred Healthcare (NYSE:KND)

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