Healthcare of Ontario Pension Plan Trust Fund Increases Stock Position in Amedisys, Inc. (NASDAQ:AMED)

Healthcare of Ontario Pension Plan Trust Fund raised its position in Amedisys, Inc. (NASDAQ:AMED) by 226.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 88,712 shares of the health services provider’s stock after acquiring an additional 61,512 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund’s holdings in Amedisys were worth $8,562,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the company. KBC Group NV purchased a new stake in shares of Amedisys in the 3rd quarter worth about $63,000. Innealta Capital LLC purchased a new stake in Amedisys in the second quarter worth about $64,000. Signaturefd LLC boosted its position in Amedisys by 88.2% during the 2nd quarter. Signaturefd LLC now owns 1,131 shares of the health services provider’s stock valued at $104,000 after acquiring an additional 530 shares in the last quarter. CWM LLC boosted its position in Amedisys by 14.5% during the 3rd quarter. CWM LLC now owns 2,190 shares of the health services provider’s stock valued at $211,000 after acquiring an additional 277 shares in the last quarter. Finally, Crossmark Global Holdings Inc. bought a new position in shares of Amedisys in the 3rd quarter worth approximately $243,000. 94.36% of the stock is currently owned by hedge funds and other institutional investors.

Amedisys Trading Up 0.2 %

AMED opened at $91.41 on Friday. The stock has a market cap of $2.99 billion, a PE ratio of 36.27, a PEG ratio of 1.92 and a beta of 0.78. The business has a 50 day moving average of $94.86 and a 200-day moving average of $95.64. Amedisys, Inc. has a 52 week low of $88.81 and a 52 week high of $98.95. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 0.05.

Amedisys (NASDAQ:AMED) last issued its quarterly earnings results on Wednesday, November 6th. The health services provider reported $1.00 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.19 by ($0.19). Amedisys had a return on equity of 12.20% and a net margin of 3.57%. The business had revenue of $587.67 million during the quarter, compared to the consensus estimate of $586.75 million. During the same quarter in the previous year, the business earned $0.98 earnings per share. The firm’s revenue was up 5.7% compared to the same quarter last year. Equities research analysts predict that Amedisys, Inc. will post 4.55 earnings per share for the current fiscal year.

Amedisys Company Profile

Amedisys, Inc, together with its subsidiaries, provides healthcare services in the United States. It operates through three segments: Home Health, Hospice, and High Acuity Care. The Home Health segment offers a range of services in the homes of individuals for the recovery of patients from surgery, chronic disability, or terminal illness, as well as prevents avoidable hospital readmissions through its skilled nurses; nursing services, rehabilitation therapists specialized in physical, speech, and occupational therapy; and social workers and aides for assisting its patients.