Boston Advisors LLC Has $2.73 Million Position in Amedisys Inc (AMED)

Boston Advisors LLC increased its position in Amedisys Inc (NASDAQ:AMED) by 27.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 51,866 shares of the health services provider’s stock after acquiring an additional 11,135 shares during the period. Boston Advisors LLC’s holdings in Amedisys were worth $2,734,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in AMED. Schwab Charles Investment Management Inc. increased its holdings in shares of Amedisys by 3.9% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 162,531 shares of the health services provider’s stock worth $10,209,000 after acquiring an additional 6,170 shares during the period. Swiss National Bank increased its holdings in shares of Amedisys by 7.2% in the 2nd quarter. Swiss National Bank now owns 47,500 shares of the health services provider’s stock worth $2,983,000 after acquiring an additional 3,200 shares during the period. Alliancebernstein L.P. increased its holdings in shares of Amedisys by 25.1% in the 2nd quarter. Alliancebernstein L.P. now owns 53,838 shares of the health services provider’s stock worth $3,382,000 after acquiring an additional 10,800 shares during the period. Riverhead Capital Management LLC increased its holdings in shares of Amedisys by 75.5% in the 2nd quarter. Riverhead Capital Management LLC now owns 1,931 shares of the health services provider’s stock worth $121,000 after acquiring an additional 831 shares during the period. Finally, Teachers Advisors LLC increased its holdings in shares of Amedisys by 2.7% in the 2nd quarter. Teachers Advisors LLC now owns 79,605 shares of the health services provider’s stock worth $5,000,000 after acquiring an additional 2,124 shares during the period. 94.70% of the stock is currently owned by institutional investors and hedge funds.

Amedisys Inc (NASDAQ AMED) opened at $55.70 on Friday. The company has a market cap of $1,870.59, a PE ratio of 44.56, a price-to-earnings-growth ratio of 1.15 and a beta of 0.71. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.33 and a current ratio of 1.33. Amedisys Inc has a 52 week low of $43.48 and a 52 week high of $65.91.

Amedisys (NASDAQ:AMED) last released its earnings results on Tuesday, November 7th. The health services provider reported $0.56 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.54 by $0.02. The firm had revenue of $380.20 million for the quarter, compared to analysts’ expectations of $384.59 million. Amedisys had a net margin of 3.86% and a return on equity of 11.63%. Amedisys’s quarterly revenue was up 5.1% on a year-over-year basis. During the same quarter last year, the company earned $0.36 EPS. equities research analysts forecast that Amedisys Inc will post 2.24 earnings per share for the current year.

A number of research firms recently weighed in on AMED. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $62.00 price objective (up previously from $56.00) on shares of Amedisys in a report on Thursday, November 9th. Benchmark reissued a “hold” rating on shares of Amedisys in a research note on Thursday, November 9th. Craig Hallum reissued a “buy” rating and set a $68.00 target price (up previously from $55.00) on shares of Amedisys in a research note on Thursday, November 9th. Robert W. Baird raised their target price on shares of Amedisys from $50.00 to $60.00 and gave the company a “neutral” rating in a research note on Friday, November 10th. Finally, SunTrust Banks reissued a “buy” rating and set a $70.00 target price on shares of Amedisys in a research note on Friday, November 10th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and seven have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $61.09.

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Amedisys Company Profile

Amedisys, Inc is a healthcare services company. The Company’s segments are Home Health, Hospice, Personal Care and Other. The Company is a provider of home health, hospice and personal care services. As of December 31, 2016, the Company owned and operated 327 Medicare-certified home healthcare centers, 79 Medicare-certified hospice care centers and 14 personal-care care centers in 34 states within the United States and the District of Columbia.

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Institutional Ownership by Quarter for Amedisys (NASDAQ:AMED)

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