Davita Inc (NYSE:DVA) was the recipient of some unusual options trading on Wednesday. Stock traders acquired 3,355 call options on the company. This is an increase of 1,723% compared to the average daily volume of 184 call options.

Shares of Davita (NYSE DVA) opened at $78.61 on Friday. The company has a market capitalization of $14,420.00, a price-to-earnings ratio of 30.12 and a beta of 0.96. Davita has a 52 week low of $52.51 and a 52 week high of $80.71. The company has a debt-to-equity ratio of 1.79, a current ratio of 1.40 and a quick ratio of 1.35.

Davita (NYSE:DVA) last released its earnings results on Tuesday, November 7th. The company reported $0.81 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.94 by ($0.13). The firm had revenue of $3.92 billion during the quarter, compared to analyst estimates of $3.91 billion. Davita had a net margin of 3.40% and a return on equity of 13.31%. The firm’s quarterly revenue was up 5.2% on a year-over-year basis. During the same period last year, the business posted $0.95 earnings per share. sell-side analysts predict that Davita will post 3.42 earnings per share for the current fiscal year.

Davita announced that its board has approved a stock buyback plan on Tuesday, October 10th that permits the company to repurchase $1.50 billion in shares. This repurchase authorization permits the company to purchase shares of its stock through open market purchases. Shares repurchase plans are often a sign that the company’s board believes its shares are undervalued.

A number of equities research analysts recently weighed in on the company. Robert W. Baird reaffirmed a “buy” rating and set a $95.00 price target (up from $82.00) on shares of Davita in a report on Friday, January 12th. Bank of America reaffirmed a “buy” rating and set a $92.00 price target (up from $85.00) on shares of Davita in a report on Thursday, January 11th. TheStreet raised Davita from a “c” rating to a “b-” rating in a report on Thursday, January 4th. Zacks Investment Research raised Davita from a “strong sell” rating to a “hold” rating in a report on Tuesday, January 2nd. Finally, SunTrust Banks set a $75.00 price target on Davita and gave the company a “hold” rating in a report on Thursday, December 21st. Two analysts have rated the stock with a sell rating, five have given a hold rating, four have assigned a buy rating and two have given a strong buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $78.22.

In related news, insider James K. Hilger sold 5,608 shares of the firm’s stock in a transaction on Thursday, December 7th. The stock was sold at an average price of $69.46, for a total transaction of $389,531.68. Following the completion of the sale, the insider now directly owns 47,649 shares of the company’s stock, valued at approximately $3,309,699.54. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Leanne M. Zumwalt sold 949 shares of the firm’s stock in a transaction on Friday, December 8th. The shares were sold at an average price of $68.19, for a total value of $64,712.31. Following the sale, the vice president now directly owns 12,423 shares of the company’s stock, valued at $847,124.37. The disclosure for this sale can be found here. Insiders have sold a total of 121,509 shares of company stock valued at $8,310,388 over the last ninety days. Insiders own 2.10% of the company’s stock.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Schwab Charles Investment Management Inc. increased its stake in shares of Davita by 2.4% in the 4th quarter. Schwab Charles Investment Management Inc. now owns 587,575 shares of the company’s stock valued at $42,453,000 after buying an additional 14,040 shares during the period. California Public Employees Retirement System grew its stake in shares of Davita by 1.9% during the third quarter. California Public Employees Retirement System now owns 490,132 shares of the company’s stock worth $29,109,000 after purchasing an additional 9,332 shares during the period. Canada Pension Plan Investment Board grew its stake in shares of Davita by 14.7% during the third quarter. Canada Pension Plan Investment Board now owns 444,358 shares of the company’s stock worth $26,390,000 after purchasing an additional 56,988 shares during the period. Schroder Investment Management Group grew its stake in shares of Davita by 769.0% during the third quarter. Schroder Investment Management Group now owns 434,191 shares of the company’s stock worth $25,387,000 after purchasing an additional 384,224 shares during the period. Finally, Hikari Power Ltd grew its stake in shares of Davita by 6.9% during the fourth quarter. Hikari Power Ltd now owns 333,920 shares of the company’s stock worth $24,126,000 after purchasing an additional 21,620 shares during the period. 87.97% of the stock is owned by institutional investors.

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Davita Company Profile

DaVita Inc, formerly DaVita HealthCare Partners Inc, operates two divisions: DaVita Kidney Care (Kidney Care) and DaVita Medical Group (DMG). The Kidney Care division consists of its the United States dialysis and related lab services, its ancillary services and strategic initiatives, including its international operations, and its corporate administrative support.

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