Tenet Healthcare Corp (THC) Shareholder Private Management Group INC Decreased Stake

Tenet Healthcare Corporation (NYSE:THC) Corporate LogoDuring 2018 Q2 the big money sentiment increased to 1.17. That’s change of 0.30, from 2018Q1’s 0.87. 26 investors sold all, 69 reduced holdings as THC ratio is positive. 64 rose stakes while 47 funds took stakes. Funds hold 103.39 million shares thus 5.33% less from 2018Q1’s 109.21 million shares. Thrivent Finance For Lutherans invested in 0% or 18,601 shs. New York-based Glenview Capital Mgmt Llc has invested 4.1% in Tenet Healthcare Corporation (NYSE:THC). Highbridge Mgmt Limited Liability Corporation has invested 0.01% in Tenet Healthcare Corporation (NYSE:THC). Advsr Preferred Ltd stated it has 4,855 shs or 0.07% of all its holdings. Hillsdale Inv Inc reported 0.17% in Tenet Healthcare Corporation (NYSE:THC). Bankshares Of Montreal Can reported 0% stake. Legal & General Gp Public Llc has invested 0.01% in Tenet Healthcare Corporation (NYSE:THC). Goldman Sachs Gru Inc invested in 0.01% or 935,210 shs. 20 were reported by Cornerstone Advsr. American Century Companies invested 0% in Tenet Healthcare Corporation (NYSE:THC). Bogle Inv Mgmt Lp De holds 0.13% or 52,175 shs in its capital. Smith Asset Mgmt Limited Partnership holds 0.08% or 81,501 shs. Healthcor Mngmt Limited Partnership reported 0.17% stake. Columbus Circle Invsts holds 0.75% or 1.08 million shs in its capital. Gam Ag holds 19,743 shs or 0.02% of its capital.

Private Management Group Inc’s holdings in Tenet Healthcare Corp (THC) is reduced by 16.8% based on its latest 2018Q2 regulatory filing with the SEC. The company’s stock sank 22.32% while Private Management Group Inc sold 129,500 shares. The hospital and nursing management company at the end of 2018Q2 was priced at $21.52 million. It’s down from 770,620 at the end of the previous reported quarter. Now it had 641,120 shares held by the institutional investor . $2.39B is the MC of Tenet Healthcare Corp. The stock decreased 2.87% or $0.69 during the last trading session, reaching $23.32.Currently Tenet Healthcare Corporation is uptrending after 67.46% change in last December 8, 2017. THC has also 1.03 million shares volume. THC outperformed by 51.84% the S&P500.

About $2.22B and $2.04 billion US Long portfolio Private Management Group Inc manages. It rose its stake in Brighthouse Finl Inc by 109,658 shares to 175,527 shares, valued at $7.03M in 2018Q2, according to the filing. For a total of 2.33 million shares it increased its holding in Owens Ill Inc (NYSE:OI) by 199,942 shares in the quarter, and has risen its stake in Crown Holdings Inc (NYSE:CCK).

Tenet Healthcare Corporation (NYSE:THC)’s earnings report is awaited on February, 25., as reported by RTT. earnings per share of $0.26 is 81.43 % down from 2017’s $1.4 EPS. In case of $0.26 earnings per share THC’s profit could reach $26.65 million. -10.34 % negative EPS growth is what analysts predict. $0.29 earnings per share was reported for last quarter.

For more Tenet Healthcare Corporation (NYSE:THC) news released recently go to: Seekingalpha.com, Fool.com, Benzinga.com, Prnewswire.com or Investingnews.com. The titles are as follows: “Tenet appoints Saumya Sutaria as Chief Operating Officer – Seeking Alpha” released on November 28, 2018, “Why Is Everyone Talking About Marijuana Stocks? And Why Are Hemp Stocks Likely Next? – The Motley Fool” on December 02, 2018, “Thinking About Launching A Cannabis Consumer Product? Here’s What You Should Know – Benzinga” with a publish date: November 19, 2018, “Aggressive Development of Newest CBD Based Medicinal Products Occupying Large Share of Cannabis Industry – PRNewswire” and the last “Better Together: Strategic Partnerships in the Cannabis Market – Investing News Network” with publication date: November 12, 2018.

Tenet Healthcare Corporation (NYSE:THC) Ratings Coverage

In total 5 analysts cover Tenet Healthcare (NYSE:THC). “Buy” rating has 1, “Sell” are 1, while 3 are “Hold”. (NYSE:THC) has 20% bullish analysts. 5 are the (NYSE:THC)’s ratings reports on Dec 8, 2018 according to StockzIntelligence Inc. On Monday, July 23 the company was maintained by Citigroup. On Friday, August 10 the stock of Tenet Healthcare Corporation (NYSE:THC) earned “Underweight” rating by JP Morgan. On Friday, June 29 the stock of Tenet Healthcare Corporation (NYSE:THC) earned “Hold” rating by Jefferies.

Tenet Healthcare Corporation (NYSE:THC) Institutional Investors Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.