1 week Ago By ABMN Staff
Shares of Premier, Inc. ( NASDAQ:PINC – Get Free Report ) have been given an average recommendation of “Hold” by the seven ratings firms that are presently covering the stock, MarketBeat Ratings reports. Seven analysts have rated the stock with a hold rating.
The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $20.17. Several equities analysts recently weighed in on the company.
Robert W. Baird cut their price target on Premier from $20.00 to $19.
00 and set a “neutral” rating for the company in a research note on Wednesday, February 5th. Canaccord Genuity Group cut their price objective on Premier from $21.00 to $19.
00 and set a “hold” rating for the company in a research report on Wednesday, February 5th. Finally, Piper Sandler decreased their target price on Premier from $21.00 to $19.
00 and set a “neutral” rating on the stock in a research report on Wednesday, February 5th. View Our Latest Research Report on Premier Insider Buying and Selling Institutional Inflows and Outflows A number of large investors have recently added to or reduced their stakes in PINC. Brooklyn Investment Group grew its stake in shares of Premier by 61,750.
0% in the fourth quarter. Brooklyn Investment Group now owns 1,237 shares of the company’s stock valued at $26,000 after buying an additional 1,235 shares in the last quarter. SRS Capital Advisors Inc.
grew its position in Premier by 157.8% in the 4th quarter. SRS Capital Advisors Inc.
now owns 1,284 shares of the company’s stock valued at $27,000 after acquiring an additional 786 shares in the last quarter. Keystone Financial Group Inc. purchased a new stake in Premier during the fourth quarter worth about $37,000.
Wilmington Savings Fund Society FSB purchased a new stake in Premier during the third quarter worth about $39,000. Finally, Smartleaf Asset Management LLC lifted its position in shares of Premier by 297.9% during the fourth quarter.
Smartleaf Asset Management LLC now owns 1,906 shares of the company’s stock worth $40,000 after purchasing an additional 1,427 shares in the last quarter. 74.41% of the stock is currently owned by institutional investors and hedge funds.
Premier Stock Performance PINC opened at $19.21 on Friday. The company has a fifty day moving average of $18.
63 and a two-hundred day moving average of $20.41. The stock has a market capitalization of $1.
75 billion, a price-to-earnings ratio of -192.08 and a beta of 0.51.
Premier has a fifty-two week low of $17.23 and a fifty-two week high of $23.56.
Premier Dividend Announcement The firm also recently declared a quarterly dividend, which was paid on Saturday, March 15th. Stockholders of record on Saturday, March 1st were paid a $0.21 dividend.
This represents a $0.84 annualized dividend and a dividend yield of 4.37%.
The ex-dividend date of this dividend was Friday, February 28th. Premier’s dividend payout ratio (DPR) is presently -840.00%.
About Premier ( Get Free Report Premier, Inc, together with its subsidiaries, operates as a healthcare improvement company in the United States. It operates in two segments, Supply Chain Services and Performance Services. The Supply Chain Services segment offers its members with an access to a range of products and services, including medical and surgical products, pharmaceuticals, laboratory supplies, capital equipment, information technology, facilities and construction, and food and nutritional products, as well as purchased services, such as clinical engineering and workforce solutions.
Featured Stories Receive News & Ratings for Premier Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Premier and related companies with MarketBeat.com's FREE daily email newsletter ..
