Kindred Healthcare Inc (NYSE:KND) Institutional Investors Q3 2017 Sentiment

January 18, 2018 - By Winifred Garcia

 Kindred Healthcare Inc (NYSE:KND) Institutional Investors  Q3 2017 Sentiment

Sentiment for Kindred Healthcare Inc (NYSE:KND)

Kindred Healthcare Inc (NYSE:KND) institutional sentiment increased to 1.32 in Q3 2017. Its up 0.05, from 1.27 in 2017Q2. The ratio improved, as 86 institutional investors increased or opened new equity positions, while 65 reduced and sold holdings in Kindred Healthcare Inc. The institutional investors in our partner’s database reported: 77.21 million shares, up from 76.03 million shares in 2017Q2. Also, the number of institutional investors holding Kindred Healthcare Inc in their top 10 equity positions decreased from 2 to 0 for a decrease of 2. Sold All: 26 Reduced: 39 Increased: 60 New Position: 26.

Kindred Healthcare, Inc. provides healthcare services in the United States. The company has market cap of $850.64 million. It operates in six divisions: Hospitals, Home Health Services, Hospice Services, Kindred Hospital Rehabilitation Services, RehabCare, and Nursing Centers. It currently has negative earnings. The firm provides long-term acute care services to post-intensive care and medically complex patients, including the critically ill, suffering from multiple organ system failures, most commonly of the cardiovascular, pulmonary, kidney, gastro-intestinal, and cutaneous systems.

The stock increased 1.64% or $0.15 during the last trading session, reaching $9.3. About 645,005 shares traded. Kindred Healthcare, Inc. (NYSE:KND) has declined 11.89% since January 18, 2017 and is downtrending. It has underperformed by 28.59% the S&P500.

Analysts await Kindred Healthcare, Inc. (NYSE:KND) to report earnings on February, 26. They expect $0.21 EPS, up 162.50 % or $0.13 from last year’s $0.08 per share. KND’s profit will be $19.21 million for 11.07 P/E if the $0.21 EPS becomes a reality. After $-0.11 actual EPS reported by Kindred Healthcare, Inc. for the previous quarter, Wall Street now forecasts -290.91 % EPS growth.

Phoenix Investment Adviser Llc holds 1.1% of its portfolio in Kindred Healthcare, Inc. for 207,500 shares. Smith Graham & Co. Investment Advisors Lp owns 1.24 million shares or 0.88% of their US portfolio. Moreover, Campbell & Co Investment Adviser Llc has 0.18% invested in the company for 33,482 shares. The New York-based Glenview Capital Management Llc has invested 0.17% in the stock. Altrinsic Global Advisors Llc, a Connecticut-based fund reported 637,000 shares.#img1#

Kindred Healthcare, Inc. (NYSE:KND) Ratings Coverage

Ratings analysis reveals 20% of Kindred Healthcare Inc.’s analysts are positive. Out of 10 Wall Street analysts rating Kindred Healthcare Inc., 2 give it “Buy”, 1 “Sell” rating, while 7 recommend “Hold”. The lowest target is $5 while the high is $30. The stock’s average target of $10.63 is 14.30% above today’s ($9.3) share price. KND was included in 33 notes of analysts from September 2, 2015. The rating was maintained by Mizuho on Monday, December 18 with “Hold”. Mizuho maintained the shares of KND in report on Wednesday, November 11 with “Neutral” rating. The stock has “Neutral” rating by Mizuho on Thursday, October 1. Barclays Capital maintained the stock with “Overweight” rating in Friday, November 6 report. The stock of Kindred Healthcare, Inc. (NYSE:KND) has “Hold” rating given on Monday, September 18 by RBC Capital Markets. As per Tuesday, December 19, the company rating was maintained by RBC Capital Markets. RBC Capital Markets maintained Kindred Healthcare, Inc. (NYSE:KND) rating on Friday, November 6. RBC Capital Markets has “Outperform” rating and $23 target. Deutsche Bank maintained Kindred Healthcare, Inc. (NYSE:KND) on Monday, August 7 with “Buy” rating. The rating was maintained by RBC Capital Markets with “Hold” on Monday, August 14. Avondale downgraded Kindred Healthcare, Inc. (NYSE:KND) on Friday, December 18 to “Mkt Perform” rating.

More notable recent Kindred Healthcare, Inc. (NYSE:KND) news were published by: Businesswire.com which released: “SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an …” on December 19, 2017, also Businesswire.com with their article: “SHAREHOLDER ALERT: Brower Piven Commences an Investigation into the Proposed …” published on December 21, 2017, Businesswire.com published: “Bragar Eagel & Squire, PC is Investigating the Board of Directors of Kindred …” on December 20, 2017. More interesting news about Kindred Healthcare, Inc. (NYSE:KND) were released by: Businesswire.com and their article: “Robbins Arroyo LLP: Acquisition of Kindred Healthcare, Inc. (KND) by Multiple …” published on December 21, 2017 as well as Bizjournals.com‘s news article titled: “Major bank ups its stake in Kindred Healthcare” with publication date: January 16, 2018.

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