HPM Partners LLC increased its holdings in Davita Inc (NYSE:DVA) by 5.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 26,075 shares of the company’s stock after purchasing an additional 1,364 shares during the period. HPM Partners LLC’s holdings in Davita were worth $1,884,000 at the end of the most recent reporting period.
A number of other large investors have also modified their holdings of DVA. Migdal Insurance & Financial Holdings Ltd. bought a new stake in Davita in the third quarter worth $154,000. IFG Advisory LLC bought a new stake in Davita in the fourth quarter worth $205,000. Country Club Trust Company n.a. bought a new stake in Davita in the fourth quarter worth $207,000. Berkshire Asset Management LLC PA bought a new stake in Davita in the fourth quarter worth $234,000. Finally, Ferguson Wellman Capital Management Inc. bought a new stake in Davita in the fourth quarter worth $236,000. Hedge funds and other institutional investors own 85.83% of the company’s stock.
Shares of Davita Inc (NYSE:DVA) opened at $72.46 on Monday. The company has a current ratio of 2.88, a quick ratio of 2.82 and a debt-to-equity ratio of 1.87. Davita Inc has a fifty-two week low of $52.51 and a fifty-two week high of $80.71. The stock has a market cap of $13,187.72, a PE ratio of 21.06, a price-to-earnings-growth ratio of 1.39 and a beta of 1.03.
In related news, insider James K. Hilger sold 3,572 shares of the stock in a transaction dated Tuesday, January 16th. The shares were sold at an average price of $78.95, for a total value of $282,009.40. Following the completion of the sale, the insider now owns 33,649 shares in the company, valued at $2,656,588.55. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 2.00% of the stock is currently owned by company insiders.
DVA has been the subject of a number of recent analyst reports. KeyCorp restated a “hold” rating on shares of Davita in a report on Monday, November 13th. Raymond James Financial upgraded shares of Davita from an “outperform” rating to a “strong-buy” rating and upped their price target for the company from $65.00 to $84.00 in a report on Thursday, December 7th. SunTrust Banks set a $70.00 price target on shares of Davita and gave the company a “hold” rating in a report on Thursday, December 7th. JPMorgan Chase & Co. upped their price target on shares of Davita from $4.90 to $84.00 and gave the company a “strong-buy” rating in a report on Thursday, December 7th. Finally, Citigroup upgraded shares of Davita from a “neutral” rating to a “buy” rating and upped their price target for the company from $67.71 to $82.00 in a report on Monday, December 11th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating, four have issued a buy rating and two have given a strong buy rating to the company’s stock. Davita has a consensus rating of “Hold” and an average target price of $79.30.
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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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