Nexus Investment Management buys $19,010,045 stake in DaVita HealthCare Partners Inc (DVA)

DaVita HealthCare Partners Inc (DVA) : Nexus Investment Management scooped up 2,825 additional shares in DaVita HealthCare Partners Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 6, 2016. The investment management firm now holds a total of 243,500 shares of DaVita HealthCare Partners Inc which is valued at $19,010,045.DaVita HealthCare Partners Inc makes up approximately 3.57% of Nexus Investment Management’s portfolio.

Other Hedge Funds, Including , Pensionfund Dsm Netherlands sold out all of its stake in DVA during the most recent quarter. The investment firm sold 45,800 shares of DVA which is valued $3,497,746. Pensionfund Sabic sold out all of its stake in DVA during the most recent quarter. The investment firm sold 20,500 shares of DVA which is valued $1,565,585.New England Research Management reduced its stake in DVA by selling 3,250 shares or 39.04% in the most recent quarter. The Hedge Fund company now holds 5,075 shares of DVA which is valued at $387,578. DaVita HealthCare Partners Inc makes up approx 0.34% of New England Research Management’s portfolio.

DaVita HealthCare Partners Inc opened for trading at $78.36 and hit $78.65 on the upside on Monday, eventually ending the session at $78.44, with a gain of 0.47% or 0.37 points. The heightened volatility saw the trading volume jump to 7,54,658 shares. Company has a market cap of $16,198 M.

On the company’s financial health, DaVita HealthCare Partners Inc reported $0.92 EPS for the quarter, beating the analyst consensus estimate by $ 0.05 according to the earnings call on May 4, 2016. Analyst had a consensus of $0.87. The company had revenue of $3581.00 million for the quarter, compared to analysts expectations of $3495.91 million. The company’s revenue was up 8.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.86 EPS.

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 2179 outpatient dialysis centers in 46 states and the District of Columbia serving a total of approximately 173000 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 837000 members under its care.

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