Raymond James Financial, Inc. restated their market perform rating on shares of WebMD Health Corp (NASDAQ:WBMD) in a report released on Tuesday, MarketBeat.com reports. They currently have a $66.50 price objective on the health services provider’s stock.

Several other equities research analysts also recently commented on WBMD. Leerink Swann downgraded WebMD Health Corp from an outperform rating to a market perform rating and increased their price objective for the company from $60.00 to $66.50 in a report on Tuesday. SunTrust Banks, Inc. downgraded WebMD Health Corp from a buy rating to a hold rating and increased their price objective for the company from $60.00 to $66.50 in a report on Tuesday. William Blair reissued a hold rating on shares of WebMD Health Corp in a report on Friday, March 31st. Zacks Investment Research raised WebMD Health Corp from a hold rating to a buy rating and set a $62.00 price objective for the company in a report on Tuesday, July 18th. Finally, BidaskClub raised WebMD Health Corp from a strong sell rating to a sell rating in a report on Friday, June 23rd. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and three have assigned a buy rating to the stock. WebMD Health Corp has an average rating of Hold and an average price target of $64.40.

Shares of WebMD Health Corp (NASDAQ:WBMD) opened at 66.18 on Tuesday. The stock has a 50 day moving average of $58.98 and a 200-day moving average of $54.32. The firm has a market capitalization of $2.40 billion, a PE ratio of 34.52 and a beta of 0.74. WebMD Health Corp has a 52 week low of $48.10 and a 52 week high of $66.34.

WebMD Health Corp (NASDAQ:WBMD) last released its quarterly earnings data on Tuesday, May 2nd. The health services provider reported $0.30 EPS for the quarter, beating the consensus estimate of $0.27 by $0.03. The company had revenue of $154.06 million during the quarter, compared to the consensus estimate of $152.53 million. WebMD Health Corp had a return on equity of 26.73% and a net margin of 12.56%. Equities analysts anticipate that WebMD Health Corp will post $2.05 earnings per share for the current fiscal year.

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Several large investors have recently bought and sold shares of the company. Oregon Public Employees Retirement Fund increased its stake in WebMD Health Corp by 1.5% in the first quarter. Oregon Public Employees Retirement Fund now owns 13,522 shares of the health services provider’s stock worth $712,000 after buying an additional 200 shares in the last quarter. DUPONT CAPITAL MANAGEMENT Corp increased its stake in WebMD Health Corp by 78.8% in the first quarter. DUPONT CAPITAL MANAGEMENT Corp now owns 121,200 shares of the health services provider’s stock worth $6,385,000 after buying an additional 53,433 shares in the last quarter. Glen Harbor Capital Management LLC increased its stake in WebMD Health Corp by 10.0% in the first quarter. Glen Harbor Capital Management LLC now owns 2,464 shares of the health services provider’s stock worth $130,000 after buying an additional 224 shares in the last quarter. Sanders Morris Harris Inc. purchased a new stake in WebMD Health Corp during the first quarter worth $211,000. Finally, Louisiana State Employees Retirement System increased its stake in WebMD Health Corp by 2.8% in the first quarter. Louisiana State Employees Retirement System now owns 9,500 shares of the health services provider’s stock worth $500,000 after buying an additional 260 shares in the last quarter. 91.99% of the stock is owned by institutional investors.

WebMD Health Corp Company Profile

WebMD Health Corp. is a provider of health information services. The Company provides its services to consumers, physicians and other healthcare professionals through its Websites, mobile applications and health-focused publications. Advertisers and sponsors use The WebMD Health Network to reach and engage healthcare professionals and consumers who are interested in healthy living, wellness, diseases and conditions, and other health-related topics.

Analyst Recommendations for WebMD Health Corp (NASDAQ:WBMD)

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