Y Intercept Hong Kong Ltd Sells 6,475 Shares of DaVita Inc. $DVA

Y Intercept Hong Kong Ltd lessened its holdings in shares of DaVita Inc. (NYSE:DVAFree Report) by 74.2% during the third quarter, Holdings Channel reports. The firm owned 2,250 shares of the company’s stock after selling 6,475 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in DaVita were worth $299,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Hantz Financial Services Inc. increased its stake in shares of DaVita by 48.1% during the second quarter. Hantz Financial Services Inc. now owns 231 shares of the company’s stock valued at $33,000 after buying an additional 75 shares during the period. Mid American Wealth Advisory Group Inc. bought a new stake in DaVita in the second quarter valued at $36,000. Canada Pension Plan Investment Board purchased a new position in DaVita during the 2nd quarter valued at $43,000. Ameritas Advisory Services LLC bought a new position in DaVita in the 2nd quarter worth $47,000. Finally, Employees Retirement System of Texas purchased a new stake in shares of DaVita in the 2nd quarter worth about $49,000. Hedge funds and other institutional investors own 90.12% of the company’s stock.

DaVita Stock Up 5.2%

DaVita stock opened at $149.42 on Friday. DaVita Inc. has a twelve month low of $101.00 and a twelve month high of $178.38. The company has a market capitalization of $10.55 billion, a P/E ratio of 15.08, a PEG ratio of 0.50 and a beta of 0.99. The stock’s 50 day moving average is $114.70 and its 200 day moving average is $125.11.

DaVita (NYSE:DVAGet Free Report) last released its earnings results on Monday, February 2nd. The company reported $3.40 EPS for the quarter, topping the consensus estimate of $3.24 by $0.16. DaVita had a negative return on equity of 413.18% and a net margin of 5.47%.The business had revenue of $3.62 billion for the quarter, compared to the consensus estimate of $3.51 billion. During the same period in the previous year, the company posted $2.24 earnings per share. The company’s revenue for the quarter was up 9.9% compared to the same quarter last year. DaVita has set its FY 2026 guidance at 13.600-15.00 EPS. As a group, equities analysts expect that DaVita Inc. will post 10.76 EPS for the current year.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on DVA. Barclays increased their price target on shares of DaVita from $143.00 to $158.00 and gave the stock an “equal weight” rating in a research note on Tuesday. TD Cowen reissued a “hold” rating on shares of DaVita in a research report on Tuesday. Weiss Ratings restated a “hold (c)” rating on shares of DaVita in a research note on Monday, December 29th. Truist Financial set a $158.00 price target on DaVita in a research note on Thursday. Finally, Zacks Research raised DaVita from a “hold” rating to a “strong-buy” rating in a research report on Wednesday. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $160.50.

Read Our Latest Research Report on DVA

Trending Headlines about DaVita

Here are the key news stories impacting DaVita this week:

About DaVita

(Free Report)

DaVita Inc (NYSE: DVA) is a leading provider of kidney care services, specializing in the management and operation of outpatient dialysis centers for patients with chronic kidney failure and end-stage renal disease. Headquartered in Denver, Colorado, the company offers a comprehensive suite of treatment modalities, including in-center hemodialysis, peritoneal dialysis, and home dialysis therapies. In addition to its core dialysis services, DaVita provides patient education, nutritional counseling, vascular access management and related laboratory services to support kidney health and overall patient well-being.

Since its formation in the mid-1990s through a clinical management services spin-off, DaVita has expanded both organically and through strategic partnerships and acquisitions.

Further Reading

Want to see what other hedge funds are holding DVA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for DaVita Inc. (NYSE:DVAFree Report).

Institutional Ownership by Quarter for DaVita (NYSE:DVA)

Receive News & Ratings for DaVita Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DaVita and related companies with MarketBeat.com's FREE daily email newsletter.