Van Berkom Associates buys $51,535,416 stake in Air Methods Corp (AIRM)

Air Methods Corp (AIRM) : Van Berkom Associates scooped up 49,495 additional shares in Air Methods Corp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 20, 2016. The investment management firm now holds a total of 1,351,217 shares of Air Methods Corp which is valued at $51,535,416.Air Methods Corp makes up approximately 2.25% of Van Berkom Associates’s portfolio.

Other Hedge Funds, Including , Reinhart Partners boosted its stake in AIRM in the latest quarter, The investment management firm added 9,610 additional shares and now holds a total of 83,935 shares of Air Methods Corp which is valued at $3,201,281. Air Methods Corp makes up approx 0.31% of Reinhart Partners’s portfolio.Nisa Investment Advisors reduced its stake in AIRM by selling 10,000 shares or 95.24% in the most recent quarter. The Hedge Fund company now holds 500 shares of AIRM which is valued at $19,005.Nn Investment Partners Holdings N.v. reduced its stake in AIRM by selling 410 shares or 2.44% in the most recent quarter. The Hedge Fund company now holds 16,410 shares of AIRM which is valued at $623,744. Air Methods Corp makes up approx 0.01% of Nn Investment Partners Holdings N.v.’s portfolio.Capstone Asset Management Co boosted its stake in AIRM in the latest quarter, The investment management firm added 360 additional shares and now holds a total of 11,199 shares of Air Methods Corp which is valued at $425,674. Air Methods Corp makes up approx 0.01% of Capstone Asset Management Co’s portfolio.Gw&k Investment Management reduced its stake in AIRM by selling 180,996 shares or 48.58% in the most recent quarter. The Hedge Fund company now holds 191,605 shares of AIRM which is valued at $7,282,906. Air Methods Corp makes up approx 0.15% of Gw&k Investment Management’s portfolio.

Air Methods Corp closed down -0.04 points or -0.10% at $38.22 with 3,41,720 shares getting traded on Wednesday. Post opening the session at $38.32, the shares hit an intraday low of $38.15 and an intraday high of $38.74 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

On the company’s financial health, Air Methods Corp reported $0.50 EPS for the quarter, beating the analyst consensus estimate by $ 0.05 according to the earnings call on May 5, 2016. Analyst had a consensus of $0.45. The company had revenue of $269.40 million for the quarter, compared to analysts expectations of $267.40 million. The company’s revenue was up 13.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.36 EPS.

Air Methods Corporation is engaged in providing air medical emergency transport services and systems throughout the United States. The Company operates through divisions including Air Medical Services Tourism Division and United Rotorcraft Division. As of December 31 2014 the Company’s Air Medical Services Division provided air medical transportation services in 41 states to the general population as an independent service (also called community-based services) and to hospitals or other institutions (also called hospital-based services). It transports persons requiring intensive medical care from either the scene of an accident or general care hospitals to skilled trauma centers or tertiary care centers. Its Tourism Division provides helicopter tours and charter flights primarily focusing on Grand Canyon and Hawaiian Island tours. Its United Rotorcraft Division designs manufactures and installs aircraft medical interiors and other aerospace or medical transport products.

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