Evolent Health, Inc (NYSE:EVH) Position Boosted by JPMorgan Chase & Co

Evolent Health, Inc (NYSE:EVH) Position Boosted by JPMorgan Chase & Co”

Evolent Health, Inc. (EVH) shares are down -7.16% for the week and that has got investors and traders sitting up and taking note. The company had a trading volume of 1,852,583 shares.

Several hedge funds have recently made changes to their positions in EVH. Highbridge Capital Management LLC bought a new stake in shares of Evolent Health during the fourth quarter valued at approximately $1,390,000. The shares went down by -5.1% in value last month. Evolent Health had 24 analyst reports since August 7, 2015 according to SRatingsIntel. FMR LLC now owns 9,864,775 shares of the technology company's stock valued at $250,073,000 after purchasing an additional 5,333,252 shares in the last quarter. For the quarter, shares are performing at 57.97%.

PENN's price to sales ratio for trailing twelve months is 0.67 and price to book ratio for most recent quarter is -, whereas price to cash per share for the most recent quarter is 9.16. Finally, Teachers Advisors LLC grew its stake in shares of Evolent Health by 5.1% during the fourth quarter. Closely-held shares are those owned by insiders, major shareholders and employees, while restricted stock refers to insider shares that can not be traded because of a temporary restriction such as the lock-up period after an initial public offering.

Other equities analysts also recently issued reports about the company. SunTrust Banks now has a "Buy" rating and a $30.00 target price on the stock. Leerink Swann reiterated an "outperform" rating and issued a $32.00 price target (up previously from $30.00) on shares of Evolent Health in a report on Monday, June 19th. Baird set a $35.00 target price on Evolent Health and gave the stock a "buy" rating in a research report on Tuesday, August 8th. Among holders that decreased their positions, 14 sold out of the stock Evolent Health, Inc. Three analysts have rated the stock with a sell rating, thirteen have issued a buy rating and one has given a strong buy rating to the stock. It is trading at $16.75 just below the 50 day moving average which is $17.19 and just a bit lower than the 200 day moving average of $17.19. The legal version of this story can be accessed at If you are accessing this piece on another site, it was stolen and reposted in violation of US and global copyright and trademark law.

Shares of Evolent Health (NYSE:EVH) traded up 3.40% on Wednesday, reaching $16.75. Given the stock's recent action, it seemed like a good time to take a closer look at the company's recent data.

In related news, CEO Steve Wigginton sold 6,000 shares of the company's stock in a transaction on Monday, July 3rd. A total volume of 1.01 million shares were traded versus to average volume of 0.77 million shares. The disclosure for this sale can be found here.

Consequently Evolent Health Inc Class A Com (NYSE:EVH)'s weekly and monthly volatility is 5.34%, 4.33% respectively. The company shares sank -15.3% from their peak of $30.98 and now has a $2.87 billion market value of equity. The 50 day moving average was down $-0.44 or -2.58% whereas the 200 day moving average was down $-0.44 or -2.58%.

In the latest earnings report the EPS was $-1.23 and is projected to be $-0.41 for the current year with 65,822,000 shares outstanding. The technology company reported ($0.13) EPS for the quarter, hitting the Thomson Reuters' consensus estimate of ($0.13). The firm had revenue of $107.30 million during the quarter, compared to analyst estimates of $104.45 million. During the same period in the prior year, the business posted ($0.20) earnings per share. The company's revenue for the quarter was up 89.9% on a year-over-year basis. The technology company reported ($0.13) EPS for the quarter, meeting analysts' consensus estimates of ($0.13).

Evolent Health, Inc supports integrated health systems in their migration towards value-based care and population health management.

Like this


28 September 2017
Macron Pushes a More Integrated Europe, With Eye on Germany
Britain will leave the EU in March 2019, and European Parliament elections are due the following May or June. The details of reforms must be discussed, added the spokesman, Steffen Seibert.

28 September 2017
Olivia Munn Teases 'X-Men: Dark Phoenix' As A Two-Parter
Psylocke gave the team an angry glare before escaping so there is a small possibility of her appearing in X-Men: Dark Phoenix . Given how vague her answers are, there's a good chance that we will see Munn's Psylocke return in X-Men: Dark Phoenix .

28 September 2017
Shares Bounding to a New High Mark: SEI Investments Co. (NASDAQ:SEIC)
With 83,600 avg volume, 6 days are for Deltic Timber Corporation (NYSE:DEL)'s short sellers to cover DEL's short positions. Livingston Grp Asset Management (Operating As Southport Cap Management) holds 0.28% or 11,800 shares in its portfolio.

27 September 2017
Apple says the iPhone X's facial recognition system isn't for kids
The white paper insists those updated face images won't leave your phone, although they may be stored there for longer than usual. So far, the biggest fear that people seem to have is whether the police can unlock your iPhone X by holding it up to your face.

27 September 2017
Seahawks' Michael Bennett: Trump stooped so low with his NFL attacks
But I think there's people out there that could judge - will judge you on the color of your skin". I don't think we should be judged as un-American because we believe in equality.

27 September 2017
Madonna, Amy Schumer, Jon Stewart, Aziz, Louie & more played Comedy Cellar
Schumer entered Madonna's orbit when the Material Girl asked her to open her Rebel Heart Tour shows at Madison Square Garden. That same evening, Madonna took the stage alongside her pal Amy Schumer at New York's legendary Comedy Cellar .

27 September 2017
John Oliver Blasts Trump's NFL Comments: "Something Is Horribly Wrong"
Trump's inflammatory comments were made in a rally on Friday in Alabama, and " Last Week Tonight " airs on Sunday. There are so many of you who make tens of millions of dollars", she said in a segment on her Fox News show.

27 September 2017
Injured US citizen rescued by Indian Air Force from Ladakh
Stone had set out for a trekking trip in Ladakh's Zhingchan area, some 75 kilometres from Leh on September 6. The woman was stranded for almost 20 days without assistance and suffered serious injuries.

27 September 2017
BWS: Maria & Lee Are Both "Potential Threats"
Hurricane Lee has maximum sustained winds at 100 miles per hour and is moving west at 10 miles per hour . As of the 11AM advisory from the NHC, Lee has winds of 105 miles per hour and is a category 2 hurricane.

27 September 2017
Garth Brooks Five-Book Autobiography Sure to Be Page Turner
Not only hear about how "That Summer" was rewritten and rerecorded, but actually hear the two different master versions. Additionally, the anthology will include 150 unreleased photos, sessions charts, tracking sheets and more.