State of Tennessee Treasury Department lifted its position in shares of Envision Healthcare Corporation (NYSE:EVHC) by 42.4% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 45,630 shares of the company’s stock after acquiring an additional 13,581 shares during the period. State of Tennessee Treasury Department’s holdings in Envision Healthcare Corporation were worth $2,859,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently added to or reduced their stakes in EVHC. Ameritas Investment Partners Inc. bought a new position in shares of Envision Healthcare Corporation during the first quarter worth about $172,000. First Interstate Bank bought a new position in shares of Envision Healthcare Corporation during the first quarter worth about $184,000. Daiwa Securities Group Inc. grew its position in shares of Envision Healthcare Corporation by 60.9% during the first quarter. Daiwa Securities Group Inc. now owns 3,169 shares of the company’s stock worth $194,000 after acquiring an additional 1,200 shares during the last quarter. Nordea Investment Management AB grew its position in shares of Envision Healthcare Corporation by 3.7% during the first quarter. Nordea Investment Management AB now owns 3,341 shares of the company’s stock worth $205,000 after acquiring an additional 120 shares during the last quarter. Finally, LMR Partners LLP bought a new position in shares of Envision Healthcare Corporation during the second quarter worth about $205,000. Institutional investors and hedge funds own 64.75% of the company’s stock.

Several equities analysts have recently commented on EVHC shares. Zacks Investment Research upgraded shares of Envision Healthcare Corporation from a “strong sell” rating to a “buy” rating and set a $70.00 price target for the company in a research report on Tuesday, July 4th. Jefferies Group LLC set a $71.00 price target on shares of Envision Healthcare Corporation and gave the stock a “buy” rating in a research report on Thursday, August 24th. Royal Bank Of Canada upped their price target on shares of Envision Healthcare Corporation from $72.00 to $77.00 and gave the stock an “outperform” rating in a research report on Tuesday, June 27th. BidaskClub upgraded shares of Envision Healthcare Corporation from a “sell” rating to a “hold” rating in a research report on Saturday, June 17th. Finally, Cantor Fitzgerald restated a “buy” rating and set a $80.00 price target on shares of Envision Healthcare Corporation in a research report on Tuesday, July 4th. One analyst has rated the stock with a sell rating, two have given a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company’s stock. The company 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 firm’s stock in a transaction on Thursday, June 22nd. The stock was sold at an average price of $60.00, for a total value of $90,000.00. Following the completion of the sale, the insider now directly owns 99,363 shares in the company, valued at $5,961,780. The sale was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 3.10% of the company’s stock.

Envision Healthcare Corporation (NYSE EVHC) opened at 48.49 on Friday. Envision Healthcare Corporation has a 12 month low of $47.47 and a 12 month high of $74.75. The company has a 50-day moving average of $51.97 and a 200-day moving average of $57.86. The company’s market cap is $5.68 billion.

Envision Healthcare Corporation (NYSE:EVHC) last announced its earnings results on Monday, August 7th. The company reported $0.79 earnings per share for the quarter, beating the Zacks’ consensus estimate 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 company had revenue of $1.95 billion during the quarter, compared to analyst estimates of $1.96 billion. During the same period last year, the company posted $0.34 earnings per share. The firm’s quarterly revenue was up 156.7% compared to the same quarter last year. Analysts predict that Envision Healthcare Corporation will post $1.40 EPS for the current 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.

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

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