HealthSouth Corp (HLS) : Reinhart Partners scooped up 27,814 additional shares in HealthSouth Corp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 18, 2016. The investment management firm now holds a total of 799,240 shares of HealthSouth Corp which is valued at $30,570,930.HealthSouth Corp makes up approximately 3.08% of Reinhart Partners’s portfolio.
HealthSouth Corp opened for trading at $37.68 and hit $38.41 on the upside on Friday, eventually ending the session at $38.25, with a gain of 1.89% or 0.71 points. The heightened volatility saw the trading volume jump to 3,33,763 shares. Company has a market cap of $3,434 M.
Other Hedge Funds, Including , Sit Investment Associates Inc boosted its stake in HLS in the latest quarter, The investment management firm added 175 additional shares and now holds a total of 2,500 shares of HealthSouth Corp which is valued at $91,000.Eagle Asset Management Inc boosted its stake in HLS in the latest quarter, The investment management firm added 457,399 additional shares and now holds a total of 939,319 shares of HealthSouth Corp which is valued at $32,913,738. HealthSouth Corp makes up approx 0.23% of Eagle Asset Management Inc’s portfolio.Creative Planning reduced its stake in HLS by selling 224 shares or 7.4% in the most recent quarter. The Hedge Fund company now holds 2,802 shares of HLS which is valued at $98,182.
On the company’s financial health, HealthSouth Corp reported $0.59 EPS for the quarter, based on the information available during the earnings call on Feb 23, 2016. Analyst had a consensus estimate of $0.59. The company had revenue of $879.30 million for the quarter, compared to analysts expectations of $871.43 million. The company’s revenue was up 43.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.41 EPS.
HealthSouth Corporation (HealthSouth) is an owner and operator of inpatient rehabilitation hospitals. The Company’s inpatient rehabilitation hospitals offer rehabilitative care across an array of diagnoses which include physical and cognitive disabilities or injuries due to medical conditions such as strokes hip fractures head injuries spinal cord injuries and a variety of debilitating neurological conditions. HealthSouth operates in around 33 states across the United States and in Puerto Rico and serves patients through its network of inpatient rehabilitation hospitals home health agencies and hospice agencies. The Company’s inpatient rehabilitation hospitals offer rehabilitative care across an array of diagnoses. As of December 31 2014 the Company operated 107 inpatient rehabilitation hospitals. The Company’s inpatient hospitals are concentrated in the eastern half of the United States and Texas.