Economia

HealthSouth Corporation (NYSE:HLS) Experiences Heavier than Average Trading Volume

HealthSouth Corporation (NYSE:HLS) Experiences Heavier than Average Trading Volume

HealthSouth Corporation (NYSE:HLS) last issued its quarterly earnings results on Monday, July 31st. Riverhead Management Ltd holds 0.01% of its portfolio in HealthSouth Corp (NYSE:HLS) for 2,400 shares. Washington Capital Management Inc.'s holdings in HealthSouth Corporation were worth $518,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. World Asset Management Inc increased its stake in shares of HealthSouth Corporation by 0.8% in the first quarter. As of the end of the quarter Eagle Asset Management Inc had bought 163,116 shares growing its position 17.4%. Bank of New York Mellon Corp raised its position in shares of HealthSouth Corporation by 1.6% in the second quarter. Teacher Retirement System of Texas now owns 7,117 shares of the company's stock valued at $344,000 after buying an additional 48 shares in the last quarter. Vanguard Group Inc. boosted its position in shares of HealthSouth Corporation by 4.6% in the first quarter. Wellington Management Group LLP now owns 995,082 shares of the company's stock worth $42,599,000 after buying an additional 972,859 shares in the last quarter. Principal Financial Group Inc. increased its stake in HealthSouth Corporation by 2.2% in the first quarter. The Bank Of Nova Scotia holds 326,624 shares with $19.40 million value, up from 59,598 last quarter. As of the end of the quarter State Of Tennessee, Treasury Department had acquired 30,000 shares growing its holdings by 15.8%. 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. Nationwide Fund has 0.1% invested in Deere & Company (NYSE:DE). Tiaa Cref Inv Management Llc holds 0.03% of its portfolio in HealthSouth Corp (NYSE:HLS) for 1.13 million shares. Mrj Capital Inc who had been investing in Hanesbrands Inc for a number of months, seems to be less bullish one the $9.00 billion market cap company. HealthSouth Corporation has a 52-week low of $36.97 and a 52-week high of $49.71. The company's 50-day moving average is $45.71 and its 200 day moving average is $44.16. Barclays Capital downgraded HealthSouth Corp (NYSE:HLS) on Monday, June 27 to "Underweight" rating. As of the latest earnings report the EPS was $2.74 and is estimated to be $2.71 for the current year with 90,300,000 shares outstanding. The value of the total investment in HealthSouth Corporation went from $5,530,000 to $6,102,000 a change of $572,000 quarter to quarter. The firm had revenue of $981.30 million for the quarter, compared to the consensus estimate of $976.46 million. The company reported $0.71 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.68 by $0.03. HealthSouth Corporation's revenue was up 6.6% on a year-over-year basis. The company announced a dividend which will be paid on Monday the 16th of October 2017. The ex-dividend date will be on Thursday June 29th, 2017. This represents a $1.00 annualized dividend and a yield of 2.34%.

HealthSouth Corporation (HealthSouth), launched on February 22, 1984, 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.

TRADEMARK VIOLATION WARNING: This news story was reported by Community Financial News and is owned by of Community Financial News. If you are viewing this news story on another publication, it was copied illegally and reposted in violation of United States and global trademark & copyright legislation. Healthsouth had 22 analyst reports since July 31, 2015 according to SRatingsIntel. 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 report on Wednesday, August 2nd. Mizuho downgraded the shares of HLS in report on Wednesday, November 9 to "Neutral" rating. Finally, Barclays PLC reiterated an "underweight" rating and set a $46.00 target price (up from $44.00) on shares of HealthSouth Corporation in a research note on Monday, May 1st. BidaskClub raised shares of HealthSouth Corporation from a sell rating to a hold rating in a report on Saturday, June 17th. Healthsouth had 22 analyst reports since July 31, 2015 according to SRatingsIntel. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and seven have given a buy rating to the stock.

On October 30 Barclays made no change to the stock rating of "Equalweight" but lowered the price target from $42.00 to $39.00. The original version of this report can be read at https://rinconhillneighbors.org/2017/08/10/mark-j-tarr-sells-22625-shares-of-healthsouth-corporation-hls-stock.html. The shares were sold at an average price of $42.55, for a total value of $962,693.75. Following the completion of the sale, the chief executive officer now directly owns 283,134 shares in the company, valued at approximately $12,174,762.