Prudential Financial Inc. lowered its stake in shares of Envision Healthcare Corporation (NYSE:EVHC) by 0.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 159,655 shares of the company’s stock after selling 1,390 shares during the quarter. Prudential Financial Inc. owned about 0.14% of Envision Healthcare Corporation worth $10,005,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently modified their holdings of the company. BB&T Corp boosted its position in Envision Healthcare Corporation by 18.2% during the second quarter. BB&T Corp now owns 109,144 shares of the company’s stock valued at $6,840,000 after purchasing an additional 16,769 shares in the last quarter. Mackenzie Financial Corp bought a new stake in Envision Healthcare Corporation during the first quarter valued at about $3,011,000. HighTower Advisors LLC boosted its position in Envision Healthcare Corporation by 5.6% during the first quarter. HighTower Advisors LLC now owns 4,541 shares of the company’s stock valued at $274,000 after purchasing an additional 240 shares in the last quarter. LS Investment Advisors LLC boosted its position in Envision Healthcare Corporation by 14.0% during the second quarter. LS Investment Advisors LLC now owns 7,107 shares of the company’s stock valued at $445,000 after purchasing an additional 871 shares in the last quarter. Finally, Schwab Charles Investment Management Inc. boosted its position in Envision Healthcare Corporation by 5.6% during the second quarter. Schwab Charles Investment Management Inc. now owns 632,195 shares of the company’s stock valued at $39,620,000 after purchasing an additional 33,587 shares in the last quarter. 64.75% of the stock is currently owned by institutional investors.

A number of equities research analysts recently weighed in on EVHC shares. Cantor Fitzgerald reaffirmed a “buy” rating on shares of Envision Healthcare Corporation in a research report on Monday, July 24th. BidaskClub raised Envision Healthcare Corporation from a “sell” rating to a “hold” rating in a research report on Saturday, June 17th. Zacks Investment Research raised Envision Healthcare Corporation from a “strong sell” rating to a “buy” rating and set a $70.00 price objective on the stock in a research report on Tuesday, July 4th. Jefferies Group LLC set a $71.00 price objective on Envision Healthcare Corporation and gave the company a “buy” rating in a research report on Thursday, August 24th. Finally, Royal Bank Of Canada raised their price objective on Envision Healthcare Corporation from $72.00 to $77.00 and gave the company an “outperform” rating in a research report on Tuesday, June 27th. One investment analyst has rated the stock with a sell rating, two have given a hold rating, ten have given a buy rating and one has given a strong buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of $71.56.

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In other news, insider Robert Jon Coward sold 1,500 shares of the stock in a transaction dated Monday, July 3rd. The stock was sold at an average price of $62.69, for a total value of $94,035.00. Following the transaction, the insider now owns 97,863 shares in the company, valued at approximately $6,135,031.47. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 3.10% of the company’s stock.

Shares of Envision Healthcare Corporation (NYSE EVHC) opened at 50.29 on Wednesday. Envision Healthcare Corporation has a one year low of $47.47 and a one year high of $74.75. The firm has a 50-day moving average price of $53.01 and a 200 day moving average price of $58.30. The firm’s market cap is $5.89 billion.

Envision Healthcare Corporation (NYSE:EVHC) last released its quarterly earnings data on Monday, August 7th. The company reported $0.79 EPS for the quarter, beating analysts’ consensus estimates of $0.75 by $0.04. Envision Healthcare Corporation had a positive return on equity of 5.35% and a negative net margin of 7.35%. The business had revenue of $1.95 billion for the quarter, compared to the consensus estimate of $1.96 billion. During the same quarter in the prior year, the business posted $0.34 EPS. The business’s revenue for the quarter was up 156.7% on a year-over-year basis. On average, analysts forecast that Envision Healthcare Corporation will post $1.40 earnings per share for the current fiscal year.

Envision Healthcare Corporation Profile

Envision Healthcare Holdings, Inc, formerly CDRT Holding Corporation, is a holding company. The Company, through its subsidiary, provides physician-led medical services in the United States. It operates in two segments: EmCare Holdings, Inc (EmCare) and American Medical Response, Inc (AMR). Its EmCare segment is a provider of integrated facility-based and post-acute care physician services to healthcare facilities in the United States.

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Institutional Ownership by Quarter for Envision Healthcare Corporation (NYSE:EVHC)

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