DaVita HealthCare Partners Inc (DVA) is Initiated by Citigroup to Neutral

DaVita HealthCare Partners Inc (DVA) was Initiated by Citigroup to “Neutral”. Citigroup advised their investors in a research report released on Sep 6, 2016.

Many Wall Street Analysts have commented on DaVita HealthCare Partners Inc. DaVita HealthCare Partners Inc was Downgraded by BofA/Merrill to ” Neutral” on Sep 6, 2016.

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 closed down -0.44 points or -0.68% at $64.19 with 23,46,029 shares getting traded on Thursday. Post opening the session at $64.51, the shares hit an intraday low of $63.83 and an intraday high of $64.65 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

In a different news, on Aug 11, 2016, Michael David Staffieri (COO, Kidney Care) sold 20,262 shares at $73.09 per share price. According to the SEC, on Jul 13, 2016, Jeanine Marie Jiganti (Chief Compliance Officer) sold 1,291 shares at $78.51 per share price. On May 26, 2016, Pamela M Arway (director) sold 10,824 shares at $77.16 per share price, according to the Form-4 filing with the securities and exchange commission.

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.

DaVita HealthCare Partners Inc

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