Gargoyle Investment Advisor L.L.C. purchased a new stake in WebMD Health Corp (NASDAQ:WBMD) during the second quarter, according to its most recent disclosure with the SEC. The fund purchased 3,900 shares of the health services provider’s stock, valued at approximately $229,000.

Other hedge funds have also recently modified their holdings of the company. Blue Harbour Group L.P. boosted its stake in shares of WebMD Health Corp by 87.2% in the first quarter. Blue Harbour Group L.P. now owns 3,361,336 shares of the health services provider’s stock valued at $177,075,000 after buying an additional 1,565,422 shares during the last quarter. Vanguard Group Inc. boosted its stake in shares of WebMD Health Corp by 1.4% in the first quarter. Vanguard Group Inc. now owns 2,943,087 shares of the health services provider’s stock valued at $155,042,000 after buying an additional 40,435 shares during the last quarter. Janus Capital Management LLC boosted its stake in shares of WebMD Health Corp by 15.3% in the first quarter. Janus Capital Management LLC now owns 1,195,632 shares of the health services provider’s stock valued at $62,986,000 after buying an additional 158,534 shares during the last quarter. State Street Corp boosted its stake in shares of WebMD Health Corp by 7.0% in the first quarter. State Street Corp now owns 1,191,112 shares of the health services provider’s stock valued at $62,745,000 after buying an additional 78,201 shares during the last quarter. Finally, Eagle Asset Management Inc. boosted its stake in shares of WebMD Health Corp by 9.1% in the first quarter. Eagle Asset Management Inc. now owns 1,099,333 shares of the health services provider’s stock valued at $57,912,000 after buying an additional 91,604 shares during the last quarter. Hedge funds and other institutional investors own 89.87% of the company’s stock.

Shares of WebMD Health Corp (NASDAQ WBMD) opened at 66.33 on Wednesday. The firm has a 50-day moving average price of $61.63 and a 200 day moving average price of $55.75. WebMD Health Corp has a one year low of $48.10 and a one year high of $66.45. The stock has a market capitalization of $2.42 billion, a PE ratio of 33.96 and a beta of 0.78.

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Several analysts have issued reports on WBMD shares. Citigroup Inc. cut WebMD Health Corp from a “buy” rating to a “neutral” rating and upped their target price for the company from $62.00 to $66.50 in a report on Wednesday, July 26th. Zacks Investment Research cut WebMD Health Corp from a “buy” rating to a “hold” rating in a report on Wednesday. Raymond James Financial, Inc. cut WebMD Health Corp from an “outperform” rating to a “mkt perform” rating in a report on Wednesday, July 26th. SunTrust Banks, Inc. cut WebMD Health Corp from a “buy” rating to a “hold” rating and upped their target price for the company from $60.00 to $66.50 in a report on Tuesday, July 25th. Finally, BidaskClub upgraded WebMD Health Corp from a “strong sell” rating to a “sell” rating in a report on Friday, June 23rd. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and two have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $64.67.

About WebMD Health Corp

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.

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Institutional Ownership by Quarter for WebMD Health Corp (NASDAQ:WBMD)

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