Silver Point Capital L.P. increased its holdings in shares of Quorum Health Corporation (NYSE:QHC) by 40.6% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 1,167,000 shares of the company’s stock after purchasing an additional 337,000 shares during the period. Quorum Health Corporation accounts for approximately 0.5% of Silver Point Capital L.P.’s holdings, making the stock its 18th largest position. Silver Point Capital L.P. owned about 3.85% of Quorum Health Corporation worth $4,843,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the stock. Goldman Sachs Group Inc. grew its holdings in Quorum Health Corporation by 176.7% during the second quarter. Goldman Sachs Group Inc. now owns 2,377,832 shares of the company’s stock worth $9,868,000 after purchasing an additional 1,518,355 shares during the period. Dimensional Fund Advisors LP boosted its holdings in shares of Quorum Health Corporation by 20.7% during the second quarter. Dimensional Fund Advisors LP now owns 1,318,005 shares of the company’s stock worth $5,470,000 after acquiring an additional 225,717 shares during the period. Parametric Portfolio Associates LLC boosted its holdings in shares of Quorum Health Corporation by 15.7% during the second quarter. Parametric Portfolio Associates LLC now owns 77,646 shares of the company’s stock worth $322,000 after acquiring an additional 10,550 shares during the period. California Public Employees Retirement System boosted its holdings in shares of Quorum Health Corporation by 59.5% during the second quarter. California Public Employees Retirement System now owns 177,549 shares of the company’s stock worth $737,000 after acquiring an additional 66,200 shares during the period. Finally, FMR LLC boosted its holdings in shares of Quorum Health Corporation by 22.7% during the second quarter. FMR LLC now owns 440,547 shares of the company’s stock worth $1,828,000 after acquiring an additional 81,485 shares during the period. Institutional investors and hedge funds own 81.42% of the company’s stock.

Shares of Quorum Health Corporation (NYSE:QHC) traded up 2.58% during midday trading on Thursday, hitting $5.16. The stock had a trading volume of 40,082 shares. Quorum Health Corporation has a 52 week low of $3.75 and a 52 week high of $9.46. The stock’s 50-day moving average price is $4.76 and its 200 day moving average price is $4.76. The company’s market cap is $156.33 million.

Quorum Health Corporation (NYSE:QHC) last issued its quarterly earnings results on Wednesday, August 9th. The company reported ($0.42) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.66) by $0.24. Quorum Health Corporation had a negative net margin of 6.88% and a negative return on equity of 26.69%. The company had revenue of $530.15 million during the quarter, compared to analyst estimates of $513.50 million. During the same quarter last year, the business posted ($0.82) EPS. Quorum Health Corporation’s quarterly revenue was up .1% compared to the same quarter last year. On average, equities analysts forecast that Quorum Health Corporation will post ($1.52) earnings per share for the current year.

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QHC has been the subject of a number of research analyst reports. Zacks Investment Research upgraded Quorum Health Corporation from a “hold” rating to a “buy” rating and set a $4.50 price objective for the company in a report on Saturday, July 22nd. Royal Bank Of Canada restated a “hold” rating and set a $5.00 price objective on shares of Quorum Health Corporation in a report on Tuesday. Deutsche Bank AG boosted their price objective on Quorum Health Corporation from $3.00 to $3.50 and gave the stock a “hold” rating in a report on Monday, August 14th. Credit Suisse Group boosted their price objective on Quorum Health Corporation from $3.00 to $4.00 and gave the stock a “neutral” rating in a report on Monday, August 14th. Finally, ValuEngine upgraded Quorum Health Corporation from a “strong sell” rating to a “sell” rating in a report on Friday, September 1st. Three equities research analysts have rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the company. Quorum Health Corporation has an average rating of “Hold” and an average target price of $4.13.

Quorum Health Corporation Profile

Quorum Health Corporation is an operator and manager of general acute care hospitals and outpatient services in the United States. The Company operates in two segments: Hospital operations, which includes its general acute care hospitals and related healthcare entities that provide inpatient and outpatient healthcare services, and hospital management advisory and consulting services, which includes Quorum Health Resources, LLC (QHR).

Institutional Ownership by Quarter for Quorum Health Corporation (NYSE:QHC)

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