DaVita Inc. (NYSE:DVA) Shares Sold by Teachers Retirement System of The State of Kentucky

Teachers Retirement System of The State of Kentucky reduced its position in DaVita Inc. (NYSE:DVA) by 8.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,417 shares of the company’s stock after selling 306 shares during the period. Teachers Retirement System of The State of Kentucky’s holdings in DaVita were worth $511,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in the company. Natixis acquired a new position in shares of DaVita in the 4th quarter valued at $1,701,000. Norinchukin Bank The lifted its stake in shares of DaVita by 9.4% in the 4th quarter. Norinchukin Bank The now owns 2,113 shares of the company’s stock valued at $316,000 after purchasing an additional 182 shares during the period. Ossiam increased its holdings in DaVita by 71.5% in the 4th quarter. Ossiam now owns 8,105 shares of the company’s stock worth $1,212,000 after acquiring an additional 3,378 shares in the last quarter. BI Asset Management Fondsmaeglerselskab A S increased its holdings in DaVita by 153.0% in the 4th quarter. BI Asset Management Fondsmaeglerselskab A S now owns 131,873 shares of the company’s stock worth $19,722,000 after acquiring an additional 79,742 shares in the last quarter. Finally, Epoch Investment Partners Inc. purchased a new stake in DaVita in the 4th quarter worth $55,100,000. 90.12% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the stock. Cowen reissued a “hold” rating on shares of DaVita in a report on Tuesday, February 18th. Sanford C. Bernstein set a $184.00 price target on shares of DaVita in a report on Friday, February 21st. Barclays boosted their price target on shares of DaVita from $164.00 to $169.00 and gave the stock an “equal weight” rating in a report on Tuesday, February 18th. Finally, StockNews.com raised shares of DaVita from a “hold” rating to a “buy” rating in a report on Friday. One research analyst has rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $166.33.

DaVita Trading Up 0.8 %

Shares of DVA opened at $140.64 on Tuesday. The company has a current ratio of 1.26, a quick ratio of 1.21 and a debt-to-equity ratio of 23.18. The firm has a 50-day moving average price of $146.22 and a 200 day moving average price of $155.10. DaVita Inc. has a 12-month low of $131.27 and a 12-month high of $179.60. The firm has a market capitalization of $11.25 billion, a P/E ratio of 13.09, a P/E/G ratio of 1.07 and a beta of 1.04.

DaVita (NYSE:DVA) last announced its quarterly earnings results on Thursday, February 13th. The company reported $2.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.14 by $0.10. DaVita had a net margin of 7.31% and a return on equity of 115.48%. Sell-side analysts forecast that DaVita Inc. will post 10.76 EPS for the current year.

About DaVita

DaVita Inc provides kidney dialysis services for patients suffering from chronic kidney failure in the United States. The company operates kidney dialysis centers and provides related lab services in outpatient dialysis centers. It also offers outpatient, hospital inpatient, and home-based hemodialysis services; operates 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.