1 week Ago By Defense World Staff
KLP Kapitalforvaltning AS bought a new stake in shares of AdaptHealth Corp. (NASDAQ:AHCO – Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 17,700 shares of the company’s stock, valued at approximately $169,000.
A number of other hedge funds have also recently made changes to their positions in the stock. Assetmark Inc. purchased a new stake in AdaptHealth in the 4th quarter valued at about $28,000.
Blue Trust Inc. raised its stake in shares of AdaptHealth by 24.1% during the fourth quarter.
Blue Trust Inc. now owns 5,746 shares of the company’s stock valued at $55,000 after acquiring an additional 1,115 shares in the last quarter. Empirical Financial Services LLC d.
b.a. Empirical Wealth Management boosted its holdings in shares of AdaptHealth by 15.
4% in the fourth quarter. Empirical Financial Services LLC d.b.
a. Empirical Wealth Management now owns 12,663 shares of the company’s stock valued at $121,000 after purchasing an additional 1,690 shares during the period. LRI Investments LLC grew its stake in AdaptHealth by 32.
0% in the third quarter. LRI Investments LLC now owns 15,331 shares of the company’s stock worth $172,000 after purchasing an additional 3,713 shares in the last quarter. Finally, Proficio Capital Partners LLC purchased a new position in AdaptHealth during the 4th quarter worth $181,000.
82.67% of the stock is currently owned by institutional investors. AdaptHealth Stock PerformanceShares of AdaptHealth stock opened at $9.
00 on Wednesday. The company has a market capitalization of $1.21 billion, a PE ratio of -5.
45, a P/E/G ratio of 1.08 and a beta of 1.44.
The company has a 50-day simple moving average of $9.95 and a two-hundred day simple moving average of $10.10.
AdaptHealth Corp. has a one year low of $8.35 and a one year high of $11.
90. The company has a debt-to-equity ratio of 1.34, a quick ratio of 1.
00 and a current ratio of 1.24. Analyst Upgrades and DowngradesSeveral brokerages have weighed in on AHCO.
Truist Financial upped their target price on AdaptHealth from $12.00 to $14.00 and gave the stock a “buy” rating in a report on Wednesday, February 26th.
Canaccord Genuity Group increased their target price on shares of AdaptHealth from $13.00 to $14.00 and gave the stock a “buy” rating in a report on Wednesday, February 26th.
Royal Bank of Canada boosted their price target on shares of AdaptHealth from $11.00 to $14.00 and gave the company an “outperform” rating in a report on Wednesday, February 26th.
UBS Group lowered their price target on shares of AdaptHealth from $12.00 to $11.00 and set a “buy” rating for the company in a research report on Thursday, February 13th.
Finally, Robert W. Baird lifted their price objective on shares of AdaptHealth from $14.00 to $16.
00 and gave the company an “outperform” rating in a report on Thursday, February 27th. Five investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $13.
80.Check Out Our Latest Analysis on AdaptHealthAdaptHealth Profile (Free Report)AdaptHealth Corp., together with its subsidiaries, sells home medical equipment (HME), medical supplies, and home and related services in the United States.
The company provides sleep therapy equipment, supplies, and related services, such as CPAP and bi-PAP services to individuals suffering from obstructive sleep apnea; medical devices and supplies, including continuous glucose monitors and insulin pumps for the treatment of diabetes; HME to patients discharged from acute care and other facilities; oxygen and related chronic therapy services in the home; and other HME devices and supplies on behalf of chronically ill patients with wound care, urological, incontinence, ostomy, and nutritional supply needs.Read MoreFive stocks we like better than AdaptHealthBest ESG Stocks: 11 Best Stocks for ESG InvestingTariff-Proof Stocks: 3 Big Bargains With Huge Upside Potential5 discounted opportunities for dividend growth investorsQualcomm Breaks Down But RSI Signals It’s Severely OversoldAre Penny Stocks a Good Fit for Your Portfolio?Tesla’s #1 Bull Cuts Target But Says It’s Still a BuyWant to see what other hedge funds are holding AHCO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AdaptHealth Corp.
(NASDAQ:AHCO – Free Report)..
