Shepherd Kaplan Krochuk LLC Raises Holdings in Davita Inc (DVA)

Share on StockTwits

Shepherd Kaplan Krochuk LLC boosted its stake in shares of Davita Inc (NYSE:DVA) by 3.2% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 32,203 shares of the company’s stock after purchasing an additional 1,000 shares during the quarter. Davita comprises 1.4% of Shepherd Kaplan Krochuk LLC’s portfolio, making the stock its 8th biggest holding. Shepherd Kaplan Krochuk LLC’s holdings in Davita were worth $2,236,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. BB&T Securities LLC lifted its holdings in shares of Davita by 84.4% in the second quarter. BB&T Securities LLC now owns 6,956 shares of the company’s stock valued at $482,000 after purchasing an additional 3,184 shares in the last quarter. Twin Capital Management Inc. lifted its holdings in shares of Davita by 10.4% in the second quarter. Twin Capital Management Inc. now owns 37,125 shares of the company’s stock valued at $2,578,000 after purchasing an additional 3,491 shares in the last quarter. Rampart Investment Management Company LLC lifted its holdings in shares of Davita by 217.9% in the second quarter. Rampart Investment Management Company LLC now owns 12,883 shares of the company’s stock valued at $895,000 after purchasing an additional 8,830 shares in the last quarter. OppenheimerFunds Inc. lifted its holdings in shares of Davita by 58.7% in the second quarter. OppenheimerFunds Inc. now owns 4,066,317 shares of the company’s stock valued at $282,365,000 after purchasing an additional 1,504,347 shares in the last quarter. Finally, Oregon Public Employees Retirement Fund lifted its holdings in shares of Davita by 22.8% in the second quarter. Oregon Public Employees Retirement Fund now owns 37,313 shares of the company’s stock valued at $2,591,000 after purchasing an additional 6,940 shares in the last quarter. Institutional investors own 87.80% of the company’s stock.

Shares of DVA opened at $67.09 on Thursday. The company has a current ratio of 1.90, a quick ratio of 1.88 and a debt-to-equity ratio of 1.82. The company has a market cap of $11.56 billion, a P/E ratio of 20.21, a PEG ratio of 1.03 and a beta of 1.10. Davita Inc has a 1 year low of $52.51 and a 1 year high of $80.71.

Davita (NYSE:DVA) last announced its quarterly earnings data on Wednesday, August 1st. The company reported $1.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.97 by $0.08. The business had revenue of $2.89 billion for the quarter, compared to the consensus estimate of $2.88 billion. Davita had a net margin of 4.30% and a return on equity of 14.49%. The company’s quarterly revenue was up 6.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.92 earnings per share. equities analysts predict that Davita Inc will post 4 EPS for the current year.

Several analysts have issued reports on the stock. William Blair reaffirmed a “buy” rating on shares of Davita in a report on Wednesday, June 6th. Zacks Investment Research raised shares of Davita from a “hold” rating to a “buy” rating and set a $78.00 price target on the stock in a report on Monday, July 9th. Four equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and two have given a strong buy rating to the company’s stock. Davita currently has an average rating of “Buy” and a consensus price target of $82.13.

About Davita

DaVita Inc provides kidney dialysis services for patients suffering from chronic kidney failure or end stage renal disease (ESRD). The company operates kidney dialysis centers and provides related lab services in outpatient dialysis centers. It also provides outpatient, hospital inpatient, and home-based hemodialysis services; owns clinical laboratories that provide routine laboratory tests for dialysis and other physician-prescribed laboratory tests for ESRD patients; and management and administrative services to outpatient dialysis centers.

Further Reading: Book Value Per Share in Stock Trading

Want to see what other hedge funds are holding DVA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Davita Inc (NYSE:DVA).

Institutional Ownership by Quarter for Davita (NYSE:DVA)

Receive News & Ratings for Davita Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Davita and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply