A number of other equities analysts have also commented on the stock. Zacks Investment Research lowered shares of Kindred Healthcare from a buy rating to a hold rating in a research report on Wednesday, January 17th. ValuEngine lowered shares of Kindred Healthcare from a sell rating to a strong sell rating in a research report on Friday, May 4th. Three research analysts have rated the stock with a sell rating and five have given a hold rating to the company’s stock. The stock currently has a consensus rating of Hold and a consensus target price of $8.33.
Kindred Healthcare opened at $8.95 on Tuesday, MarketBeat Ratings reports. The company has a debt-to-equity ratio of 10.04, a current ratio of 1.73 and a quick ratio of 1.70. Kindred Healthcare has a 12 month low of $8.95 and a 12 month high of $9.00. The company has a market capitalization of $816.78 million, a PE ratio of 26.32 and a beta of 1.13.
A number of institutional investors have recently made changes to their positions in KND. Water Island Capital LLC bought a new stake in Kindred Healthcare during the first quarter valued at approximately $28,103,000. UBS Group AG lifted its position in Kindred Healthcare by 46,724.7% during the first quarter. UBS Group AG now owns 2,564,122 shares of the health services provider’s stock valued at $23,461,000 after purchasing an additional 2,558,646 shares during the last quarter. SG Americas Securities LLC lifted its position in Kindred Healthcare by 301.3% during the first quarter. SG Americas Securities LLC now owns 854,702 shares of the health services provider’s stock valued at $7,821,000 after purchasing an additional 641,736 shares during the last quarter. Capital Fund Management S.A. bought a new stake in Kindred Healthcare during the fourth quarter valued at approximately $6,128,000. Finally, Citigroup Inc. lifted its position in Kindred Healthcare by 719.9% during the first quarter. Citigroup Inc. now owns 666,489 shares of the health services provider’s stock valued at $6,099,000 after purchasing an additional 585,196 shares during the last quarter. Institutional investors and hedge funds own 88.39% of the company’s stock.
Kindred Healthcare Company Profile
Kindred Healthcare, Inc provides healthcare services in the United States. It operates through five segments: Home Health Services, Hospice Services, Hospitals, Kindred Hospital Rehabilitation Services, and RehabCare. The company provides long-term acute care (LTAC) services to post-intensive care and medically complex patients, including the critically ill and suffering from multiple organ system failures most commonly of the cardiovascular, pulmonary, kidney, gastro-intestinal, and cutaneous systems.
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