Midwest Investment Management Lowers stake in DaVita HealthCare Partners Inc (DVA)

DaVita HealthCare Partners Inc (DVA) : Midwest Investment Management reduced its stake in DaVita HealthCare Partners Inc by 3.72% during the most recent quarter end. The investment management company now holds a total of 49,080 shares of DaVita HealthCare Partners Inc which is valued at $3,440,017 after selling 1,895 shares in DaVita HealthCare Partners Inc , the firm said in a disclosure report filed with the SEC on Aug 9, 2016.DaVita HealthCare Partners Inc makes up approximately 2.72% of Midwest Investment Management’s portfolio.

Other Hedge Funds, Including , Tci Wealth Advisors boosted its stake in DVA in the latest quarter, The investment management firm added 21 additional shares and now holds a total of 162 shares of DaVita HealthCare Partners Inc which is valued at $11,355. DaVita HealthCare Partners Inc makes up approx 0.01% of Tci Wealth Advisors’s portfolio.Bb&t Securities reduced its stake in DVA by selling 152 shares or 1.14% in the most recent quarter. The Hedge Fund company now holds 13,183 shares of DVA which is valued at $1,014,564. DaVita HealthCare Partners Inc makes up approx 0.02% of Bb&t Securities’s portfolio.Public Employees Retirement Association Of Colorado reduced its stake in DVA by selling 2,831 shares or 7.25% in the most recent quarter. The Hedge Fund company now holds 36,199 shares of DVA which is valued at $2,806,870. DaVita HealthCare Partners Inc makes up approx 0.02% of Public Employees Retirement Association Of Colorado’s portfolio. Lmr Partners Llp sold out all of its stake in DVA during the most recent quarter. The investment firm sold 106,511 shares of DVA which is valued $8,258,863.Shell Asset Management Co reduced its stake in DVA by selling 205 shares or 0.36% in the most recent quarter. The Hedge Fund company now holds 57,485 shares of DVA which is valued at $4,400,477. DaVita HealthCare Partners Inc makes up approx 0.10% of Shell Asset Management Co’s portfolio.

DaVita HealthCare Partners Inc closed down -1.06 points or -1.55% at $67.2 with 28,17,165 shares getting traded on Wednesday. Post opening the session at $68.26, the shares hit an intraday low of $66.75 and an intraday high of $68.48 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

On the company’s financial health, DaVita HealthCare Partners Inc reported $1.01 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on Aug 8, 2016. Analyst had a consensus of $0.98. The company had revenue of $3718.00 million for the quarter, compared to analysts expectations of $3658.91 million. The company’s revenue was up 8.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.95 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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