HealthSouth Corporation (NYSE:HLS) last released its quarterly earnings data on Monday, July 31st. Wellington Management Group LLP now owns 995,082 shares of the company's stock worth $42,599,000 after buying an additional 972,859 shares during the last quarter. Following the completion of the transaction, the chief executive officer now owns 283,134 shares of the company's stock, valued at approximately $12,047,351.70. The sale was disclosed in a legal filing with the SEC, which is available through this link. Td Asset Mgmt invested 0% in HealthSouth Corp (NYSE:HLS). HealthSouth Corporation has a 1-year low of $36.97 and a 1-year high of $49.71. The firm has a 50-day moving average price of $45.71 and a 200 day moving average price of $44.16. Barclays Capital downgraded HealthSouth Corp (NYSE:HLS) on Monday, June 27 to "Underweight" rating. The company reported $0.71 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.68 by $0.03. The value of the company's investment in HealthSouth Corporation went from $5,530,000 to $6,102,000 increasing 10.3% quarter to quarter. The company issued revenue guidance of $3.875-3.95 billion, compared to the consensus revenue estimate of $3.94 billion. The Q4 2017 consensus earnings estimates for the company have stabilized at US$0.65 per share. The company had revenue of $981.30 million during the quarter, compared to the consensus estimate of $976.46 million. Equities analysts forecast that HealthSouth Corporation will post $2.71 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Monday, October 16th. Stockholders of record on Monday, October 2nd will be issued a dividend of $0.25 per share. The company exposed volatility of 2.19% over the past week and moving out to look at the previous month volatility move, the stock is at 1.67%. Moreover, Pacad Investment Ltd has 0.02% invested in HealthSouth Corp (NYSE:HLS). The ex-dividend date is Friday, September 29th.
HealthSouth Corporation (HealthSouth), launched on February 22, 1984, is a provider of post-acute healthcare services, offering both facility-based and home-based post-acute services in 35 states and Puerto Rico through its network of inpatient rehabilitation hospitals, home health agencies and hospice agencies.
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Other large investors also recently modified their holdings of the company. Wellington Management Group LLP boosted its position in shares of HealthSouth Corporation by 4,377.7% in the first quarter. The company had a trading volume of 861,020 shares. William Blair Investment Management LLC raised its position in shares of HealthSouth Corporation by 13.9% in the second quarter. Vanguard Group Inc. now owns 7,204,375 shares of the company's stock worth $308,419,000 after buying an additional 318,619 shares in the last quarter. Bank of New York Mellon Corp raised its position in shares of HealthSouth Corporation by 1.6% in the second quarter. The Aviance Capital Management Llc holds 2,518 shares with $259,000 value, down from 5,609 last quarter.
Sit Investment Associates Inc, which manages about $6.54 billion and $3.82B US Long portfolio, decreased its stake in Visa Inc (NYSE:V) by 24,025 shares to 366,005 shares, valued at $28.56 million in 2016Q4, according to the filing. Principal Financial Group Inc. now owns 1,147,210 shares of the company's stock worth $55,524,000 after buying an additional 105,681 shares during the period. Pacer Advisors, Inc. now controls 11,868 shares with a value of $574,000. Investec Asset Management Ltd divested its stake by shedding 41,428 shares a decrease of 18.3% in the quarter. Nationwide Fund has 0.1% invested in Deere & Company (NYSE:DE).
Equity analyst KeyBanc initiated coverage on HLS with a rating of "Sector Weight". Piper Jaffray Companies restated a "hold" rating and issued a $50.00 target price on shares of HealthSouth Corporation in a report on Thursday, August 3rd. Mizuho downgraded the shares of HLS in report on Wednesday, November 9 to "Neutral" rating. Royal Bank Of Canada reissued a buy rating and issued a $53.00 price target on shares of HealthSouth Corporation in a report on Wednesday, July 5th. HealthSouth Corporation presently has an average rating of "Hold" and an average target price of $48.83.
Several equities analysts have issued reports on the company. In terms of a technical look around HealthSouth Corporation (HLS) stock price comparison to its moving averages, shares of company spotted the move of -5.62% isolated from the 50-day moving average and derived distance of -2.36% away from 20-day moving average in the most recent session.