Evolent Health Inc Class A Com (NYSE:EVH).
Edmond De Rothschild Holding S.a. reports that it bought 290,000 shares in quarter ending 09/30/2017 increasing its exposure to Evolent Health Inc Class A Com by 74.9%. Its stake was valued at $12,051,000 an increase of $2,241,000 according to the filing.
Edmond De Rothschild Holding S.a. isn’t the only one who has changed their investment in EVH. Blair William & Co/il augmented its ownership by buying 953,065 shares an increase of 43.6% in the quarter. Blair William & Co/il owns 3,138,760 shares with a value of $55,870,000. The total value of its holdings increased 0.8%. As of the end of the quarter First Mercantile Trust CO had acquired 1,206 shares growing its position 15.5%. The value in dollars went from $198,000 to $160,000 a change of $38,000 for the reporting period.
As of quarter end Raymond James & Associates had sold a total of 26 shares trimming its stake by 0.2%. The value of the company’s investment in Evolent Health Inc Class A Com decreased from $370,000 to $260,000 decreasing 29.7% since the last quarter.
November 3 investment analysts at SunTrust Banks kept the company rating at “Buy” with a current price target of $30.00.
On November 2 Cantor Fitzgerald left the stock rating at “Buy” targeting a price of $30.00. November 1 investment analysts at Robert W. Baird held the stock rating at “Buy” projecting a price of $25.00.
October 6 investment analysts at Cowen and Company made no change to the company rating of “Outperform” with a current price target of $29.00. On October 6 Canaccord Genuity kept the stock rating at “Buy” projecting a price of $32.00.
The company is so far trading up by 2.38% percent from yesterday’s close. The most current P/E ratio is N/A and market cap is 831.38M. As of the last earnings report the EPS was $-1.14 with 74.68M shares now outstanding.
Investors are a little more bullish lately if you put credence in the fall in short interest. The firm realized a fall in short interest of -4.00% as of the latest report on October 31, 2017. Short interest fell 734,615 over that period. With short interest at 17,633,685 and short average daily volume at 939,944, the short-interest ratio is 19.0 and the percentage of shorted shares was 0.24% on October 31.