Strs Ohio Has $895,000 Stake in Kindred Healthcare, Inc. (NYSE:KND)

Strs Ohio trimmed its holdings in shares of Kindred Healthcare, Inc. (NYSE:KND) by 22.2% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 92,300 shares of the health services provider’s stock after selling 26,300 shares during the period. Strs Ohio owned approximately 0.10% of Kindred Healthcare worth $895,000 as of its most recent filing with the SEC.

Several other large investors have also added to or reduced their stakes in KND. Schwab Charles Investment Management Inc. lifted its holdings in Kindred Healthcare by 6.7% during the 4th quarter. Schwab Charles Investment Management Inc. now owns 1,314,081 shares of the health services provider’s stock valued at $12,747,000 after purchasing an additional 82,475 shares during the last quarter. California Public Employees Retirement System lifted its holdings in Kindred Healthcare by 14.6% during the 3rd quarter. California Public Employees Retirement System now owns 751,962 shares of the health services provider’s stock valued at $5,113,000 after purchasing an additional 95,543 shares during the last quarter. Cubist Systematic Strategies LLC lifted its holdings in Kindred Healthcare by 1,071.1% during the 3rd quarter. Cubist Systematic Strategies LLC now owns 40,228 shares of the health services provider’s stock valued at $274,000 after purchasing an additional 36,793 shares during the last quarter. Continental Advisors LLC bought a new position in Kindred Healthcare during the 3rd quarter valued at about $306,000. Finally, Highbridge Capital Management LLC bought a new position in Kindred Healthcare during the 3rd quarter valued at about $133,000. 82.96% of the stock is owned by institutional investors.

Several brokerages recently issued reports on KND. Mizuho set a $9.00 price target on shares of Kindred Healthcare and gave the company a “hold” rating in a report on Monday, December 18th. Zacks Investment Research raised shares of Kindred Healthcare from a “hold” rating to a “buy” rating and set a $11.00 price target for the company in a report on Wednesday, January 10th. Royal Bank of Canada reissued a “sector perform” rating and set a $8.50 price target (up from $7.50) on shares of Kindred Healthcare in a report on Thursday, November 9th. ValuEngine raised shares of Kindred Healthcare from a “sell” rating to a “hold” rating in a report on Thursday, November 9th. Finally, Stifel Nicolaus raised shares of Kindred Healthcare from a “sell” rating to a “hold” rating and set a $7.00 price target for the company in a report on Monday, November 20th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and one has issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $9.31.

Kindred Healthcare, Inc. (NYSE KND) opened at $9.05 on Wednesday. Kindred Healthcare, Inc. has a 12 month low of $5.50 and a 12 month high of $11.90. The firm has a market cap of $827.77, a PE ratio of -1.50 and a beta of 1.14. The company has a debt-to-equity ratio of 6.22, a current ratio of 1.55 and a quick ratio of 1.53.

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Kindred Healthcare Company Profile

Kindred Healthcare, Inc, incorporated on March 27, 1998, is a healthcare services company. The Company, through its subsidiaries, operates transitional care (TC) hospitals, a home health, hospice and community care business, inpatient rehabilitation hospitals (IRFs), a contract rehabilitation services business, nursing centers and assisted living facilities across the United States.

Institutional Ownership by Quarter for Kindred Healthcare (NYSE:KND)

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