Shares of Kindred Healthcare, Inc. (NYSE:KND) saw unusually-strong trading volume on Monday . Approximately 3,002,560 shares traded hands during trading, an increase of 151% from the previous session’s volume of 1,194,301 shares.The stock last traded at $8.55 and had previously closed at $7.85.

Several equities analysts have commented on KND shares. ValuEngine raised shares of Kindred Healthcare from a “sell” rating to a “hold” rating in a research report on Thursday, November 9th. Stifel Nicolaus raised shares of Kindred Healthcare from a “sell” rating to a “hold” rating and set a $7.00 price target on the stock in a report on Monday, November 20th. Zacks Investment Research cut shares of Kindred Healthcare from a “hold” rating to a “sell” rating in a report on Tuesday, October 10th. Bank of America lowered their price target on shares of Kindred Healthcare from $7.50 to $6.50 and set an “underperform” rating on the stock in a report on Thursday, September 21st. Finally, Deutsche Bank reaffirmed a “hold” rating and issued a $9.00 price target (down previously from $10.00) on shares of Kindred Healthcare in a report on Monday, September 18th. Two analysts have rated the stock with a sell rating, seven have given a hold rating and one has issued a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $8.86.

The firm has a market cap of $743.27, a P/E ratio of 42.75, a P/E/G ratio of 3.56 and a beta of 1.21. The company has a current ratio of 1.55, a quick ratio of 1.53 and a debt-to-equity ratio of 6.22.

Kindred Healthcare (NYSE:KND) last issued its quarterly earnings data on Monday, November 6th. The health services provider reported ($0.11) EPS for the quarter, beating the consensus estimate of ($0.19) by $0.08. The firm had revenue of $1.48 billion during the quarter, compared to the consensus estimate of $1.44 billion. Kindred Healthcare had a negative net margin of 8.06% and a positive return on equity of 2.29%. The company’s quarterly revenue was down 5.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.05 earnings per share. sell-side analysts predict that Kindred Healthcare, Inc. will post 0.32 EPS for the current fiscal year.

A number of institutional investors have recently modified their holdings of KND. JPMorgan Chase & Co. grew its stake in Kindred Healthcare by 149.4% during the second quarter. JPMorgan Chase & Co. now owns 2,104,618 shares of the health services provider’s stock valued at $24,518,000 after acquiring an additional 1,260,753 shares in the last quarter. Bank of New York Mellon Corp grew its stake in Kindred Healthcare by 2.4% during the second quarter. Bank of New York Mellon Corp now owns 1,488,869 shares of the health services provider’s stock valued at $17,345,000 after acquiring an additional 34,553 shares in the last quarter. Smith Graham & Co. Investment Advisors LP grew its stake in shares of Kindred Healthcare by 39.6% in the 3rd quarter. Smith Graham & Co. Investment Advisors LP now owns 1,238,980 shares of the health services provider’s stock worth $8,425,000 after buying an additional 351,280 shares in the last quarter. BlackRock Inc. grew its stake in shares of Kindred Healthcare by 0.3% in the 2nd quarter. BlackRock Inc. now owns 10,808,864 shares of the health services provider’s stock worth $125,923,000 after buying an additional 29,673 shares in the last quarter. Finally, Teachers Advisors LLC grew its stake in shares of Kindred Healthcare by 8.1% in the 2nd quarter. Teachers Advisors LLC now owns 162,452 shares of the health services provider’s stock worth $1,893,000 after buying an additional 12,132 shares in the last quarter. Institutional investors own 89.65% of the company’s stock.

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About Kindred Healthcare

Kindred Healthcare, Inc, incorporated on March 27, 1998, 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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