Gray Financial Group Ga Adv Adv buys $300,728 stake in TeamHealth Holdings Inc (TMH)

TeamHealth Holdings Inc (TMH) : Gray Financial Group Ga Adv Adv scooped up 1,459 additional shares in TeamHealth Holdings Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 19, 2016. The investment management firm now holds a total of 7,028 shares of TeamHealth Holdings Inc which is valued at $300,728.TeamHealth Holdings Inc makes up approximately 0.12% of Gray Financial Group Ga Adv Adv’s portfolio.

Other Hedge Funds, Including , Eagle Asset Management Inc boosted its stake in TMH in the latest quarter, The investment management firm added 1,224 additional shares and now holds a total of 798,922 shares of TeamHealth Holdings Inc which is valued at $34,185,872. TeamHealth Holdings Inc makes up approx 0.23% of Eagle Asset Management Inc’s portfolio. Fox Run Management L.l.c. added TMH to its portfolio by purchasing 7,500 company shares during the most recent quarter which is valued at $320,925. TeamHealth Holdings Inc makes up approx 0.15% of Fox Run Management L.l.c.’s portfolio.Cutler Group Lp boosted its stake in TMH in the latest quarter, The investment management firm added 1,240 additional shares and now holds a total of 2,097 shares of TeamHealth Holdings Inc which is valued at $90,171. TeamHealth Holdings Inc makes up approx 0.01% of Cutler Group Lp’s portfolio.Mazama Capital Management Inc reduced its stake in TMH by selling 4,498 shares or 22.1% in the most recent quarter. The Hedge Fund company now holds 15,856 shares of TMH which is valued at $680,222. TeamHealth Holdings Inc makes up approx 0.13% of Mazama Capital Management Inc’s portfolio. Curian Capital sold out all of its stake in TMH during the most recent quarter. The investment firm sold 12,797 shares of TMH which is valued $548,991.

TeamHealth Holdings Inc opened for trading at $42.74 and hit $43.34 on the upside on Wednesday, eventually ending the session at $42.79, with a gain of 0.26% or 0.11 points. The heightened volatility saw the trading volume jump to 4,61,375 shares. Company has a market cap of $3,164 M.

On the company’s financial health, TeamHealth Holdings Inc reported $0.62 EPS for the quarter, beating the analyst consensus estimate by $ 0.04 according to the earnings call on May 9, 2016. Analyst had a consensus of $0.58. The company had revenue of $1135.64 million for the quarter, compared to analysts expectations of $1110.91 million. The company’s revenue was up 35.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.68 EPS.

Team Health Holdings Inc. (TeamHealth) is a provider of outsourced healthcare professional staffing and administrative services to hospitals and other healthcare providers in the United States. The Company provides services through two operating segments: Healthcare Staffing and Other Services. The Healthcare Staffing segment is an aggregation of emergency medicine anesthesia specialty surgery and locums staffing. The Company provides healthcare service programs to users and providers of healthcare services on a fee for service as well as a cost plus or contract basis. The Other Services segment is an aggregation of hospital medicine military and Government healthcare staffing scribes clinical services nurse call center operations. The Company’s Other Services segment also offers billing collection and consulting services which provide a range of other healthcare services. The Company provides outsourced services to hospital emergency departments (EDs).

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