Franklin Resources Inc. purchased a new position in Envision Healthcare Corp (NYSE:EVHC) in the third quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 1,119,200 shares of the company’s stock, valued at approximately $51,181,000.
Other large investors also recently modified their holdings of the company. Cerebellum GP LLC acquired a new stake in shares of Envision Healthcare in the 3rd quarter worth approximately $183,000. Acadian Asset Management LLC acquired a new stake in shares of Envision Healthcare in the 2nd quarter worth approximately $190,000. Liberty Mutual Group Asset Management Inc. acquired a new stake in shares of Envision Healthcare in the 2nd quarter worth approximately $213,000. Mint Tower Capital Management B.V. acquired a new stake in Envision Healthcare during the second quarter valued at approximately $220,000. Finally, Gideon Capital Advisors Inc. acquired a new stake in Envision Healthcare during the third quarter valued at approximately $232,000.
Several research firms recently commented on EVHC. Cantor Fitzgerald reissued a “hold” rating and set a $46.00 target price on shares of Envision Healthcare in a research note on Friday, August 10th. ValuEngine raised shares of Envision Healthcare from a “strong sell” rating to a “sell” rating in a research note on Monday, September 17th. Finally, Zacks Investment Research raised shares of Envision Healthcare from a “hold” rating to a “buy” rating and set a $51.00 target price for the company in a research note on Friday, September 7th. One research analyst has rated the stock with a sell rating, ten have issued a hold rating and three have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $44.46.
EVHC stock opened at $45.99 on Friday. Envision Healthcare Corp has a 12 month low of $23.77 and a 12 month high of $46.00.
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Envision Healthcare Company Profile
Envision Healthcare Corporation, through its subsidiaries, provides various healthcare services in the United States. The company operates through two segments, Physician Services and Ambulatory Services. As of December 31, 2017, its physician-led services encompassed providers at approximately 1,800 clinical departments at healthcare facilities in 45 states and the District of Columbia that include emergency department and hospitalist, anesthesiology, radiology/tele-radiology, and children's services.
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