Stephens cut shares of Team Health Holdings Inc. (NYSE:TMH) from an overweight rating to an equal weight rating in a research note issued to investors on Monday.

Other research analysts have also recently issued research reports about the stock. JPMorgan Chase & Co. decreased their price target on shares of Team Health Holdings from $47.00 to $45.00 and set a neutral rating for the company in a report on Friday, August 5th. Canaccord Genuity reaffirmed a buy rating and issued a $52.00 price target on shares of Team Health Holdings in a report on Wednesday, September 7th. Barclays PLC decreased their price target on shares of Team Health Holdings from $51.00 to $46.00 and set an overweight rating for the company in a report on Thursday, August 4th. RBC Capital Markets cut shares of Team Health Holdings from an outperform rating to a sector perform rating and decreased their price target for the stock from $61.00 to $43.50 in a report on Tuesday, November 1st. Finally, Leerink Swann reaffirmed a buy rating on shares of Team Health Holdings in a report on Wednesday, August 3rd. Fourteen investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and an average price target of $45.24.

Shares of Team Health Holdings (NYSE:TMH) remained flat at $42.05 on Monday. The company’s stock had a trading volume of 221,209 shares. Team Health Holdings has a 12 month low of $30.83 and a 12 month high of $57.91. The company has a market cap of $3.13 billion, a PE ratio of 155.74 and a beta of 0.78. The company’s 50-day moving average is $40.17 and its 200-day moving average is $39.93.

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Acrospire Investment Management LLC boosted its position in Team Health Holdings by 1,450.0% in the third quarter. Acrospire Investment Management LLC now owns 3,100 shares of the company’s stock valued at $101,000 after buying an additional 2,900 shares during the period. Howe & Rusling Inc. boosted its position in Team Health Holdings by 31.1% in the second quarter. Howe & Rusling Inc. now owns 2,640 shares of the company’s stock valued at $107,000 after buying an additional 627 shares during the period. Quantbot Technologies LP purchased a new position in Team Health Holdings during the third quarter valued at approximately $110,000. First Mercantile Trust Co. boosted its position in Team Health Holdings by 15.9% in the second quarter. First Mercantile Trust Co. now owns 3,060 shares of the company’s stock valued at $124,000 after buying an additional 420 shares during the period. Finally, BNP Paribas Arbitrage SA boosted its position in Team Health Holdings by 711.6% in the second quarter. BNP Paribas Arbitrage SA now owns 3,206 shares of the company’s stock valued at $130,000 after buying an additional 2,811 shares during the period.

About Team Health Holdings

Team Health Holdings, Inc (TeamHealth) is a provider of outsourced healthcare professional staffing and administrative services to hospitals and other healthcare providers. The Company operates through four segments: Hospital Based Services, IPC Healthcare, Specialty Services and Other Services. The Hospital Based Services segment provides healthcare service programs to users of healthcare services on a fee for service, as well as a cost plus or contract basis.

5 Day Chart for NYSE:TMH

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