As Davita INC (DVA) Shares Declined, Shareholder Park West Asset Management LLC Has Decreased by $54.90 Million Its Holding

August 9, 2018 - By Pearl Odom

DaVita Inc. (NYSE:DVA) LogoInvestors sentiment increased to 0.9 in Q1 2018. Its up 0.16, from 0.74 in 2017Q4. It improved, as 35 investors sold DVA shares while 159 reduced holdings. 70 funds opened positions while 105 raised stakes. 145.68 million shares or 0.35% more from 145.16 million shares in 2017Q4 were reported. Orbimed Advisors Ltd Liability invested in 1.56M shares. Great West Life Assurance Can owns 117,688 shares. Los Angeles Mgmt & Equity Research Inc has invested 0.16% of its portfolio in DaVita Inc. (NYSE:DVA). New Mexico Educational Retirement Board invested in 0.04% or 14,386 shares. Moreover, California Public Employees Retirement Systems has 0.05% invested in DaVita Inc. (NYSE:DVA) for 526,728 shares. Verition Fund Ltd Liability holds 9,571 shares or 0.05% of its portfolio. 6,165 are owned by First Allied Advisory Services. Boston holds 0.16% or 2.04 million shares in its portfolio. Commonwealth Bank Of Australia has 27,752 shares for 0.02% of their portfolio. Rock Springs Capital Mgmt LP holds 1.15% in DaVita Inc. (NYSE:DVA) or 407,500 shares. Dimensional Fund Advisors LP invested in 0.08% or 2.76M shares. The Texas-based Petrus Lta has invested 0.05% in DaVita Inc. (NYSE:DVA). Ing Groep Nv has invested 0.02% in DaVita Inc. (NYSE:DVA). Endurant Capital Mgmt Lp stated it has 3.48% of its portfolio in DaVita Inc. (NYSE:DVA). 39,935 were accumulated by Calamos Advisors Ltd.

Since May 14, 2018, it had 0 insider purchases, and 3 insider sales for $211,988 activity. Arway Pamela M had sold 1,264 shares worth $86,918 on Thursday, June 7. Shares for $102,677 were sold by ROPER WILLIAM L.

Park West Asset Management Llc decreased its stake in Davita Inc (DVA) by 51.02% based on its latest 2018Q1 regulatory filing with the SEC. Park West Asset Management Llc sold 844,596 shares as the company’s stock declined 7.63% with the market. The hedge fund held 810,795 shares of the hospital and nursing management company at the end of 2018Q1, valued at $53.46 million, down from 1.66 million at the end of the previous reported quarter. Park West Asset Management Llc who had been investing in Davita Inc for a number of months, seems to be less bullish one the $12.24 billion market cap company. The stock increased 0.69% or $0.5 during the last trading session, reaching $73.34. About 864,505 shares traded. DaVita Inc. (NYSE:DVA) has risen 2.44% since August 9, 2017 and is uptrending. It has underperformed by 10.13% the S&P500.

Park West Asset Management Llc, which manages about $1.77B and $2.25B US Long portfolio, upped its stake in Builders Firstsource Inc (NASDAQ:BLDR) by 449,622 shares to 970,333 shares, valued at $19.25 million in 2018Q1, according to the filing. It also increased its holding in Career Education Corp (NASDAQ:CECO) by 550,583 shares in the quarter, for a total of 690,751 shares, and has risen its stake in Viewray Inc.

Analysts await DaVita Inc. (NYSE:DVA) to report earnings on November, 6. They expect $0.94 EPS, up 16.05 % or $0.13 from last year’s $0.81 per share. DVA’s profit will be $156.88M for 19.51 P/E if the $0.94 EPS becomes a reality. After $1.05 actual EPS reported by DaVita Inc. for the previous quarter, Wall Street now forecasts -10.48 % negative EPS growth.

More recent DaVita Inc. (NYSE:DVA) news were published by: Seekingalpha.com which released: “DaVita (DVA) Q2 2018 Results – Earnings Call Transcript” on August 02, 2018. Also Bizjournals.com published the news titled: “DaVita Inc. divests pharmacy assets to Walgreens” on July 30, 2018. Bizjournals.com‘s news article titled: “DaVita outsourcing most of pharmacy division” with publication date: August 02, 2018 was also an interesting one.

DaVita Inc. (NYSE:DVA) Ratings Coverage

Among 4 analysts covering DaVita (NYSE:DVA), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. DaVita has $97.0 highest and $7000 lowest target. $79’s average target is 7.72% above currents $73.34 stock price. DaVita had 5 analyst reports since February 13, 2018 according to SRatingsIntel. The stock has “Hold” rating by SunTrust on Wednesday, February 14. The firm has “Hold” rating given on Tuesday, February 13 by RBC Capital Markets. SunTrust maintained it with “Hold” rating and $7000 target in Tuesday, April 17 report. The stock of DaVita Inc. (NYSE:DVA) earned “Buy” rating by Robert W. Baird on Tuesday, February 13.

DaVita Inc. (NYSE:DVA) Institutional Positions Chart

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