OppenheimerFunds Inc. lowered its stake in shares of Quorum Health Corp (NYSE:QHC) by 17.6% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 269,013 shares of the company’s stock after selling 57,512 shares during the quarter. OppenheimerFunds Inc. owned approximately 0.89% of Quorum Health worth $1,679,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently bought and sold shares of QHC. Trustcore Financial Services LLC bought a new position in Quorum Health during the fourth quarter valued at about $169,000. Wells Fargo & Company MN grew its position in Quorum Health by 151.2% during the fourth quarter. Wells Fargo & Company MN now owns 27,996 shares of the company’s stock valued at $175,000 after buying an additional 16,849 shares during the period. Citadel Advisors LLC grew its position in Quorum Health by 150.5% during the fourth quarter. Citadel Advisors LLC now owns 31,933 shares of the company’s stock valued at $199,000 after buying an additional 19,183 shares during the period. Arizona State Retirement System grew its position in Quorum Health by 224.6% during the fourth quarter. Arizona State Retirement System now owns 47,719 shares of the company’s stock valued at $298,000 after buying an additional 33,019 shares during the period. Finally, Parametric Portfolio Associates LLC grew its position in Quorum Health by 15.7% during the second quarter. Parametric Portfolio Associates LLC now owns 77,646 shares of the company’s stock valued at $322,000 after buying an additional 10,550 shares during the period. Institutional investors own 86.92% of the company’s stock.
Quorum Health Corp (NYSE:QHC) opened at $6.12 on Wednesday. The firm has a market cap of $187.54, a PE ratio of -1.00 and a beta of 3.60. The company has a current ratio of 1.84, a quick ratio of 1.68 and a debt-to-equity ratio of 9.39. Quorum Health Corp has a 1 year low of $2.54 and a 1 year high of $8.29.
About Quorum Health
Quorum Health Corporation is an operator and manager of general acute care hospitals and outpatient services in the United States. The Company operates in two segments: Hospital operations, which includes its general acute care hospitals and related healthcare entities that provide inpatient and outpatient healthcare services, and hospital management advisory and consulting services, which includes Quorum Health Resources, LLC (QHR).
Want to see what other hedge funds are holding QHC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Quorum Health Corp (NYSE:QHC).
Receive News & Ratings for Quorum Health Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Quorum Health and related companies with MarketBeat.com's FREE daily email newsletter.