Nobilis Health Corp (HLTH) Short Interest Down 10.0% in October
Nobilis Health Corp (NYSE:HLTH) (TSE:NHC) was the target of a significant decrease in short interest during the month of October. As of October 31st, there was short interest totalling 3,137,212 shares, a decrease of 10.0% from the October 13th total of 3,486,276 shares. Based on an average daily trading volume, of 212,492 shares, the short-interest ratio is presently 14.8 days. Currently, 5.6% of the shares of the stock are short sold.
Separately, Zacks Investment Research cut shares of Nobilis Health Corp from a “strong-buy” rating to a “hold” rating in a research report on Thursday, July 20th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the stock. Nobilis Health Corp presently has an average rating of “Hold” and an average price target of $2.25.
A number of institutional investors have recently added to or reduced their stakes in the stock. Macquarie Group Ltd. acquired a new stake in Nobilis Health Corp during the third quarter worth about $748,000. Russell Investments Group Ltd. increased its position in Nobilis Health Corp by 2,832.2% during the third quarter. Russell Investments Group Ltd. now owns 734,251 shares of the healthcare company’s stock worth $1,100,000 after purchasing an additional 709,210 shares during the last quarter. Sii Investments Inc. WI acquired a new stake in Nobilis Health Corp during the second quarter worth about $113,000. Goldman Sachs Group Inc. increased its position in Nobilis Health Corp by 404.8% during the second quarter. Goldman Sachs Group Inc. now owns 694,871 shares of the healthcare company’s stock worth $1,320,000 after purchasing an additional 557,230 shares during the last quarter. Finally, OxFORD Asset Management LLP acquired a new stake in Nobilis Health Corp during the second quarter worth about $145,000.
Shares of Nobilis Health Corp (NYSE HLTH) opened at $1.35 on Monday. Nobilis Health Corp has a 12-month low of $1.10 and a 12-month high of $3.05.
Nobilis Health Corp (NYSE:HLTH) (TSE:NHC) last released its quarterly earnings data on Monday, November 6th. The healthcare company reported $0.01 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.04 by ($0.03). The company had revenue of $64.70 million for the quarter, compared to analysts’ expectations of $78.29 million. During the same period in the prior year, the firm posted ($0.04) EPS. The company’s revenue was down 8.5% compared to the same quarter last year.
About Nobilis Health Corp
Nobilis Health Corp. (Nobilis) owns and manages healthcare facilities in the States of Texas and Arizona, consisting primarily of ambulatory surgery centers (ASCs) and acute-care and surgical hospitals. The Company’s segments include Medical Services, Marketing Services and Corporate. The Medical Services segment owns and manages approximately nine healthcare facilities in Texas and Arizona; over four hospitals, and approximately five ambulatory surgery centers.
Receive News & Ratings for Nobilis Health Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nobilis Health Corp and related companies with Analyst Ratings Network's FREE daily email newsletter.