Shearlink Capital buys $22.9 Million stake in Envision Healthcare Holdings Inc (EVHC)

Envision Healthcare Holdings Inc (EVHC) : Shearlink Capital scooped up 23,712 additional shares in Envision Healthcare Holdings Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 13, 2016. The investment management firm now holds a total of 987,585 shares of Envision Healthcare Holdings Inc which is valued at $22.9 Million.Envision Healthcare Holdings Inc makes up approximately 8.95% of Shearlink Capital’s portfolio.

Other Hedge Funds, Including , Caisse De Depot Et Placement Du Quebec added EVHC to its portfolio by purchasing 97,700 company shares during the most recent quarter which is valued at $2.3 Million. Envision Healthcare Holdings Inc makes up approx 0.01% of Caisse De Depot Et Placement Du Quebec’s portfolio.Credit Agricole S A boosted its stake in EVHC in the latest quarter, The investment management firm added 37,020 additional shares and now holds a total of 342,123 shares of Envision Healthcare Holdings Inc which is valued at $7.9 Million. Envision Healthcare Holdings Inc makes up approx 0.04% of Credit Agricole S A’s portfolio.Gsa Capital Partners Llp reduced its stake in EVHC by selling 23,235 shares or 54.01% in the most recent quarter. The Hedge Fund company now holds 19,785 shares of EVHC which is valued at $459,408. Envision Healthcare Holdings Inc makes up approx 0.03% of Gsa Capital Partners Llp’s portfolio.State Board Of Administration Of Florida Retirement System boosted its stake in EVHC in the latest quarter, The investment management firm added 17,932 additional shares and now holds a total of 150,220 shares of Envision Healthcare Holdings Inc which is valued at $3.6 Million. Envision Healthcare Holdings Inc makes up approx 0.01% of State Board Of Administration Of Florida Retirement System’s portfolio.Seven Bridges Advisors reduced its stake in EVHC by selling 1,419 shares or 20.01% in the most recent quarter. The Hedge Fund company now holds 5,674 shares of EVHC which is valued at $134,644. Envision Healthcare Holdings Inc makes up approx 0.11% of Seven Bridges Advisors’s portfolio.

Envision Healthcare Holdings Inc opened for trading at $24.38 and hit $24.78 on the upside on Wednesday, eventually ending the session at $24.48, with a gain of 1.41% or 0.34 points. The heightened volatility saw the trading volume jump to 22,55,441 shares. Company has a market cap of $4,581 M.

On the company’s financial health, Envision Healthcare Holdings Inc reported $0.28 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on May 5, 2016. Analyst had a consensus of $0.25. The company had revenue of $1597.54 million for the quarter, compared to analysts expectations of $1547.40 million. The company’s revenue was up 28.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.26 EPS.

Many Wall Street Analysts have commented on Envision Healthcare Holdings Inc. Shares were Reiterated by RBC Capital Mkts on Feb 23, 2016 to “Outperform” and Lowered the Price Target to $ 31 from a previous price target of $38 .Shares were Reiterated by Barclays on Feb 23, 2016 to “Overweight” and Lowered the Price Target to $ 28 from a previous price target of $31 .

Envision Healthcare Holdings Inc. is a holding company. The Company provides physician-led outsourced medical services in the United States. The Company operates in two segments: EmCare Holdings Inc. (EmCare) in the facility-based and post-acute care physician service business and American Medical Response Inc. (AMR) in the healthcare transportation service business. EmCare provides integrated facility-based physician services for emergency departments anesthesiology hospitalist or inpatient radiology teleradiology and surgery programs. EmCare also offers physician-led care management solutions outside the hospital. AMR provides a range of healthcare transportation services from basic patient transit to the emergency care and pre-hospital assistance. In addition AMR operates emergency (911) call and response service. It offers contracted medical staffing and provides telephone triage transportation dispatch and demand management services. It brands include EmCare and AMR.

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