Large Outflow of Money Witnessed in DaVita healthCare Partners

DaVita healthCare Partners (DVA) : The value of composite uptick trades was $20.29 million, whereas, the value of composite downtick trades was $191.26 million. The uptick to downtick ratio stood at 0.11 with a negative money flow of ($170.98) Million during Fridays trading session. The block trades money flow was negative ($170.5 million).The uptick to the downtick ratio of 0.05 in block trades signals that the large investors have utilized the rise in the stock to sell.The uptick transaction value stood at $9.12 million. The transaction of the trades on downticks amounted to $179.63 million, which confirms investors selling on the strength of price. DaVita healthCare Partners (DVA) gained 33 cents at $77.91, an increase of 0.43% over the previous days close.


DaVita healthCare Partners (DVA) : The highest short term price target forecast on DaVita healthCare Partners (DVA) is $90 and the lowest target price is $71. A total of 6 equity analysts are currently covering the company. The average price of all the analysts is $82.33 with a standard deviation of $6.53.

DaVita healthCare Partners (NYSE:DVA): stock turned positive on Friday. Though the stock opened at $77.71, the bulls momentum made the stock top out at $78.3299 level for the day. The stock recorded a low of $77.4 and closed the trading day at $77.91, in the green by 0.43%. The total traded volume for the day was 3,519,291. The stock had closed at $77.58 in the previous days trading.

In a related news, The officer (Chief Compliance Officer), of Davita Healthcare Partners Inc., Jiganti Jeanine Marie had unloaded 1,291 shares at $78.51 per share in a transaction on July 11, 2016. The total value of transaction was $101,356. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

DaVita HealthCare Partners Inc. consists of two divisions, Kidney Care and HealthCare Partners (HCP). Kidney Care is a provider of dialysis services in the United States, treating patients with chronic kidney failure and end stage renal disease (ESRD). Kidney Care division develops innovative clinical care, offers integrated treatment plans, personalized care teams and health-management services. As of December 31, 2014, we provided dialysis and administrative services in the U.S. through a network of 2,179 outpatient dialysis centers in 46 states and the District of Columbia, serving a total of approximately 173,000 patients. HealthCare Partners division is a patient- and physician-focused integrated health care delivery and management company. HealthCare Partners manages and operates medical groups and affiliated physician networks in Arizona, California, Nevada, Florida and New Mexico. As of December 2014, HealthCare Partners had approximately 837,000 members under its care.

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