Macquarie Group Ltd. boosted its position in Team Health Holdings Inc. (NYSE:TMH) by 41.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 472,952 shares of the company’s stock after buying an additional 137,962 shares during the period. Macquarie Group Ltd. owned about 0.64% of Team Health Holdings worth $19,235,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. FMR LLC increased its stake in Team Health Holdings by 5.3% in the second quarter. FMR LLC now owns 9,360,287 shares of the company’s stock worth $380,682,000 after buying an additional 470,691 shares during the last quarter. TimesSquare Capital Management LLC increased its stake in Team Health Holdings by 6.7% in the second quarter. TimesSquare Capital Management LLC now owns 2,447,384 shares of the company’s stock worth $99,535,000 after buying an additional 152,950 shares during the last quarter. Westfield Capital Management Co. LP increased its stake in Team Health Holdings by 17.8% in the second quarter. Westfield Capital Management Co. LP now owns 1,323,590 shares of the company’s stock worth $53,830,000 after buying an additional 199,692 shares during the last quarter. GW&K Investment Management LLC increased its stake in Team Health Holdings by 1.0% in the second quarter. GW&K Investment Management LLC now owns 876,479 shares of the company’s stock worth $35,646,000 after buying an additional 8,842 shares during the last quarter. Finally, Glenmede Trust Co. NA increased its stake in Team Health Holdings by 25.4% in the second quarter. Glenmede Trust Co. NA now owns 843,145 shares of the company’s stock worth $34,289,000 after buying an additional 170,803 shares during the last quarter.

Institutional Ownership by Quarter for Team Health Holdings (NYSE:TMH)

Team Health Holdings Inc. (NYSE:TMH) traded up 0.83% on Friday, hitting $42.75. The stock had a trading volume of 3,345,385 shares. The company has a market cap of $3.18 billion, a P/E ratio of 158.33 and a beta of 0.78. The firm’s 50-day moving average is $40.67 and its 200-day moving average is $39.93. Team Health Holdings Inc. has a 52-week low of $30.83 and a 52-week high of $57.36.

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TMH has been the topic of a number of research reports. Canaccord Genuity reaffirmed a “buy” rating and issued a $52.00 price objective on shares of Team Health Holdings in a research note on Wednesday, September 7th. Stifel Nicolaus reaffirmed a “buy” rating and issued a $43.00 price objective (down previously from $48.00) on shares of Team Health Holdings in a research note on Friday, September 9th. Mizuho reduced their price objective on Team Health Holdings from $47.00 to $38.00 and set a “neutral” rating on the stock in a research note on Friday, August 5th. Citigroup Inc. initiated coverage on Team Health Holdings in a report on Monday, September 26th. They issued a “neutral” rating and a $36.00 target price for the company. Finally, Leerink Swann cut Team Health Holdings from an “outperform” rating to a “market perform” rating and lifted their target price for the stock from $40.00 to $43.00 in a report on Wednesday, October 26th. Fourteen analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $45.24.

Team Health Holdings Company Profile

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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