Oppenheimer & Co. Inc. grew its holdings in shares of HealthSouth Corporation (NYSE:HLS) by 3.4% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 261,887 shares of the company’s stock after purchasing an additional 8,700 shares during the period. Oppenheimer & Co. Inc. owned approximately 0.27% of HealthSouth Corporation worth $12,139,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also bought and sold shares of the company. Teacher Retirement System of Texas boosted its position in shares of HealthSouth Corporation by 0.7% during the 2nd quarter. Teacher Retirement System of Texas now owns 7,117 shares of the company’s stock valued at $344,000 after purchasing an additional 48 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its stake in HealthSouth Corporation by 0.5% during the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 13,072 shares of the company’s stock valued at $633,000 after buying an additional 64 shares in the last quarter. NGAM Advisors L.P. lifted its stake in HealthSouth Corporation by 1.4% during the second quarter. NGAM Advisors L.P. now owns 10,448 shares of the company’s stock valued at $506,000 after buying an additional 142 shares in the last quarter. Renaissance Group LLC lifted its stake in HealthSouth Corporation by 1.9% during the second quarter. Renaissance Group LLC now owns 8,288 shares of the company’s stock valued at $401,000 after buying an additional 152 shares in the last quarter. Finally, World Asset Management Inc lifted its stake in HealthSouth Corporation by 3.9% during the second quarter. World Asset Management Inc now owns 5,702 shares of the company’s stock valued at $276,000 after buying an additional 215 shares in the last quarter. Institutional investors own 92.43% of the company’s stock.

HealthSouth Corporation (NYSE:HLS) traded up $0.94 during midday trading on Thursday, hitting $49.40. 702,400 shares of the stock were exchanged, compared to its average volume of 909,636. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 1.89. The stock has a market capitalization of $4,764.14, a price-to-earnings ratio of 17.37, a price-to-earnings-growth ratio of 1.78 and a beta of 0.52. HealthSouth Corporation has a 1-year low of $38.24 and a 1-year high of $50.06.

HealthSouth Corporation (NYSE:HLS) last posted its quarterly earnings results on Thursday, October 26th. The company reported $0.66 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.65 by $0.01. The business had revenue of $995.60 million during the quarter, compared to analyst estimates of $985.75 million. HealthSouth Corporation had a net margin of 6.69% and a return on equity of 22.81%. The firm’s revenue was up 7.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.65 earnings per share. equities research analysts predict that HealthSouth Corporation will post 2.72 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, January 16th. Stockholders of record on Tuesday, January 2nd will be given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.02%. The ex-dividend date is Friday, December 29th. HealthSouth Corporation’s dividend payout ratio (DPR) is 36.36%.

In related news, Director Yvonne M. Curl purchased 1,000 shares of HealthSouth Corporation stock in a transaction dated Wednesday, November 1st. The stock was acquired at an average cost of $45.95 per share, with a total value of $45,950.00. Following the completion of the transaction, the director now directly owns 64,144 shares of the company’s stock, valued at $2,947,416.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.60% of the stock is owned by corporate insiders.

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A number of research firms have commented on HLS. Stephens began coverage on shares of HealthSouth Corporation in a research note on Thursday, August 31st. They set an “overweight” rating and a $53.00 price objective for the company. Piper Jaffray Companies reaffirmed a “hold” rating and set a $50.00 price objective on shares of HealthSouth Corporation in a research note on Thursday, August 3rd. William Blair began coverage on shares of HealthSouth Corporation in a research note on Tuesday. They set an “outperform” rating for the company. Robert W. Baird reaffirmed a “buy” rating and set a $55.00 price objective on shares of HealthSouth Corporation in a research note on Monday, October 9th. Finally, Zacks Investment Research raised shares of HealthSouth Corporation from a “hold” rating to a “buy” rating and set a $49.00 price objective for the company in a research note on Wednesday, August 2nd. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and six have assigned a buy rating to the company’s stock. HealthSouth Corporation has an average rating of “Hold” and an average price target of $51.75.

About HealthSouth Corporation

HealthSouth Corporation (HealthSouth) is a provider of post-acute healthcare services, offering both facility-based and home-based post-acute services in 35 states and Puerto Rico through its network of inpatient rehabilitation hospitals, home health agencies and hospice agencies. The Company manages its operations through segments, including inpatient rehabilitation, and home health and hospice.

Institutional Ownership by Quarter for HealthSouth Corporation (NYSE:HLS)

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