Dimensional Fund Advisors LP decreased its stake in Kindred Healthcare, Inc. (NYSE:KND) by 9.7% during the first quarter, according to its most recent disclosure with the SEC. The fund owned 5,688,688 shares of the health services provider’s stock after selling 608,822 shares during the period. Dimensional Fund Advisors LP owned approximately 0.07% of Kindred Healthcare worth $47,501,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of KND. TFS Capital LLC purchased a new stake in Kindred Healthcare during the first quarter valued at $104,000. First Citizens Bank & Trust Co. boosted its stake in Kindred Healthcare by 8.9% in the first quarter. First Citizens Bank & Trust Co. now owns 15,462 shares of the health services provider’s stock worth $129,000 after buying an additional 1,260 shares during the last quarter. Wedbush Securities Inc. boosted its stake in Kindred Healthcare by 4.3% in the first quarter. Wedbush Securities Inc. now owns 19,300 shares of the health services provider’s stock worth $161,000 after buying an additional 800 shares during the last quarter. Mason Street Advisors LLC boosted its stake in Kindred Healthcare by 7.0% in the first quarter. Mason Street Advisors LLC now owns 19,906 shares of the health services provider’s stock worth $166,000 after buying an additional 1,297 shares during the last quarter. Finally, SG Americas Securities LLC boosted its stake in Kindred Healthcare by 28.1% in the first quarter. SG Americas Securities LLC now owns 20,915 shares of the health services provider’s stock worth $175,000 after buying an additional 4,584 shares during the last quarter. Institutional investors own 89.50% of the company’s stock.

Kindred Healthcare, Inc. (NYSE KND) opened at 11.25 on Tuesday. The firm’s market capitalization is $963.37 million. Kindred Healthcare, Inc. has a one year low of $5.65 and a one year high of $12.55. The stock’s 50 day moving average is $10.51 and its 200-day moving average is $8.73.

Kindred Healthcare (NYSE:KND) last released its earnings results on Wednesday, May 3rd. The health services provider reported $0.04 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.04. The firm had revenue of $1.77 billion for the quarter, compared to the consensus estimate of $1.78 billion. Kindred Healthcare had a negative net margin of 9.55% and a positive return on equity of 4.08%. On average, analysts anticipate that Kindred Healthcare, Inc. will post $0.49 EPS for the current fiscal year.

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A number of research firms have commented on KND. UBS AG restated a “neutral” rating and issued a $10.50 price target (up from $8.00) on shares of Kindred Healthcare in a report on Friday, May 5th. BidaskClub cut shares of Kindred Healthcare from a “buy” rating to a “hold” rating in a report on Wednesday, July 12th. Zacks Investment Research cut shares of Kindred Healthcare from a “hold” rating to a “sell” rating in a report on Thursday, July 6th. Mizuho restated a “neutral” rating and issued a $9.00 price target on shares of Kindred Healthcare in a report on Monday, July 3rd. Finally, Royal Bank Of Canada restated a “hold” rating and issued a $10.00 price target on shares of Kindred Healthcare in a report on Friday, May 5th. Five research analysts have rated the stock with a sell rating, five have assigned a hold rating and one has assigned a buy rating to the company’s stock. Kindred Healthcare presently has an average rating of “Hold” and an average target price of $10.06.

Kindred Healthcare Company Profile

Kindred Healthcare, Inc is a healthcare services company. The Company, through its subsidiaries, operates transitional care (TC) hospitals, a home health, hospice and community care business, inpatient rehabilitation hospitals (IRFs), a contract rehabilitation services business, nursing centers and assisted living facilities across the United States.

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Institutional Ownership by Quarter for Kindred Healthcare (NYSE:KND)

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