DaVita (NYSE:DVA) Trading Down 4.5% – Should You Sell?

Shares of DaVita Inc. (NYSE:DVA) traded down 4.5% during trading on Friday . The stock traded as low as $144.55 and last traded at $142.5650. 560,431 shares were traded during trading, a decline of 56% from the average session volume of 1,262,524 shares. The stock had previously closed at $149.22.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the stock. Wall Street Zen cut shares of DaVita from a “buy” rating to a “hold” rating in a research report on Saturday, October 11th. TD Cowen reaffirmed a “hold” rating on shares of DaVita in a research report on Tuesday. Barclays raised their price target on DaVita from $143.00 to $158.00 and gave the stock an “equal weight” rating in a report on Tuesday. UBS Group increased their price objective on shares of DaVita from $186.00 to $190.00 and gave the company a “buy” rating in a research report on Wednesday. Finally, Weiss Ratings restated a “hold (c)” rating on shares of DaVita in a research note on Monday, December 29th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, DaVita presently has a consensus rating of “Hold” and an average target price of $160.50.

DaVita Stock Down 5.7%

The stock has a market cap of $9.94 billion, a price-to-earnings ratio of 14.20, a price-to-earnings-growth ratio of 0.50 and a beta of 0.99. The stock’s 50 day moving average price is $114.70 and its two-hundred day moving average price is $125.11.

DaVita (NYSE:DVA) last posted its quarterly earnings results on Monday, February 2nd. The company reported $3.40 EPS for the quarter, beating the consensus estimate of $3.24 by $0.16. The company had revenue of $3.62 billion for the quarter, compared to analyst estimates of $3.51 billion. DaVita had a net margin of 5.47% and a negative return on equity of 413.18%. The firm’s revenue was up 9.9% on a year-over-year basis. During the same period in the prior year, the company earned $2.24 earnings per share. DaVita has set its FY 2026 guidance at 13.600-15.00 EPS. On average, analysts predict that DaVita Inc. will post 10.76 earnings per share for the current fiscal year.

Institutional Investors Weigh In On DaVita

Several hedge funds have recently bought and sold shares of the stock. National Pension Service acquired a new stake in DaVita in the third quarter valued at approximately $1,305,000. Assenagon Asset Management S.A. raised its stake in shares of DaVita by 1,951.8% during the 3rd quarter. Assenagon Asset Management S.A. now owns 68,408 shares of the company’s stock worth $9,089,000 after buying an additional 65,074 shares during the period. Mirae Asset Global Investments Co. Ltd. grew its stake in DaVita by 175.1% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 18,409 shares of the company’s stock valued at $2,446,000 after acquiring an additional 11,718 shares during the period. Rakuten Investment Management Inc. purchased a new stake in DaVita in the 3rd quarter worth $19,875,000. Finally, Norges Bank purchased a new stake in DaVita during the 2nd quarter worth approximately $32,986,000. Hedge funds and other institutional investors own 90.12% of the company’s stock.

DaVita Company Profile

DaVita Inc (NYSE: DVA) is a leading provider of kidney care services, specializing in the management and operation of outpatient dialysis centers for patients with chronic kidney failure and end-stage renal disease. Headquartered in Denver, Colorado, the company offers a comprehensive suite of treatment modalities, including in-center hemodialysis, peritoneal dialysis, and home dialysis therapies. In addition to its core dialysis services, DaVita provides patient education, nutritional counseling, vascular access management and related laboratory services to support kidney health and overall patient well-being.

Since its formation in the mid-1990s through a clinical management services spin-off, DaVita has expanded both organically and through strategic partnerships and acquisitions.