Stonehill Capital Management Has Trimmed Its Tenet Healthcare Common (THC) Stake; Booz Allen Hamilton Holding (BAH)’s Sentiment Is 1.39

June 14, 2018 - By Nellie Frank

Tenet Healthcare Corporation (NYSE:THC) Logo

Booz Allen Hamilton Holding Corp (BAH) investors sentiment increased to 1.39 in 2018 Q1. It’s up 0.01, from 1.38 in 2017Q4. The ratio is positive, as 128 hedge funds increased or opened new equity positions, while 92 reduced and sold their stock positions in Booz Allen Hamilton Holding Corp. The hedge funds in our database now possess: 122.67 million shares, down from 125.54 million shares in 2017Q4. Also, the number of hedge funds holding Booz Allen Hamilton Holding Corp in top ten equity positions decreased from 6 to 5 for a decrease of 1. Sold All: 15 Reduced: 77 Increased: 83 New Position: 45.

Stonehill Capital Management Llc decreased Tenet Healthcare Corp Common (THC) stake by 49.99% reported in 2018Q1 SEC filing. Stonehill Capital Management Llc sold 112,500 shares as Tenet Healthcare Corp Common (THC)’s stock rose 80.76%. The Stonehill Capital Management Llc holds 112,533 shares with $2.73M value, down from 225,033 last quarter. Tenet Healthcare Corp Common now has $3.73 billion valuation. The stock decreased 1.11% or $0.41 during the last trading session, reaching $36.56. About 942,550 shares traded. Tenet Healthcare Corporation (NYSE:THC) has risen 95.96% since June 14, 2017 and is uptrending. It has outperformed by 83.39% the S&P500. Some Historical THC News: ; 26/03/2018 – Tenet Reaches Agreement with Glenview; 07/05/2018 – Tenet at Deutsche Bank Health Care Conference Tomorrow; 26/04/2018 – TENET HEALTHCARE – BAYLOR UNIVERSITY MEDICAL CENTER, UNIT OF BAYLOR SCOTT AND WHITE HEALTH, CONTINUES TO HAVE 5% OWNERSHIP INTEREST IN USPI; 26/03/2018 – Glenview: Agreed With Tenet Not to Acquire Beneficial Ownership in Excess of 20% Until First Anniversary of March 23, 2018 Support Agreement; 26/03/2018 – TENET HEALTHCARE – GLENVIEW WITHDRAWN PROPOSAL TO AMEND CO’S BYLAWS THAT WOULD ALLOW SHAREHOLDERS TO TAKE ACTION BY WRITTEN CONSENT WITHOUT A MEETING; 03/05/2018 – Cannabis Consortium’s Partners Begin Infusing Edibles With THC; 19/04/2018 – Puration Announces Increased EVERx Sales With National Distribution and Introduces New THC Infused Product Targeted for California and Canada; 05/03/2018 – Tenet Healthcare: Terminating Short-Term NOL Shareholder Rights Plan as of Close of Business March 5; 18/04/2018 – Tenet Diagnostics & MedTek21 Collaboration Delivers Continuous Genomics-Based Medication Monitoring, Improves Outcomes, Cuts Costs for Payers and Plan Sponsors; 07/05/2018 – Glenview CEO Says Tenet’s Best Days Are Ahead of It (Video)

Black Creek Investment Management Inc. holds 7.93% of its portfolio in Booz Allen Hamilton Holding Corporation for 6.26 million shares. Foundation Asset Management Lp owns 340,000 shares or 4.88% of their US portfolio. Moreover, Channing Capital Management Llc has 3.01% invested in the company for 2.22 million shares. The Massachusetts-based Aureus Asset Management Llc has invested 2.62% in the stock. Coe Capital Management Llc, a Illinois-based fund reported 43,445 shares.

The stock increased 0.60% or $0.27 during the last trading session, reaching $45.48. About 723,018 shares traded. Booz Allen Hamilton Holding Corporation (BAH) has risen 6.63% since June 14, 2017 and is uptrending. It has underperformed by 5.94% the S&P500. Some Historical BAH News: ; 27/03/2018 – BOOZ ALLEN HAMILTON – U.S. EPA AWARDED CO A SPOT ON A $115 MLN, FIVE-YEAR, INDEFINITE DELIVERY/INDEFINITE QUALITY CONTRACT; 29/05/2018 – BOOZ ALLEN HAMILTON HOLDING CORP – AS OF MARCH 31, 2018, TOTAL BACKLOG WAS $16.0 BLN, COMPARED TO $13.6 BLN AS OF MARCH 31, 2017; 08/03/2018 – Detailed Research: Economic Perspectives on Noble Energy, Molson Coors Brewing, Booz Allen Hamilton Holding, Estee Lauder Compa; 26/04/2018 – U.S. Air Force Awards Booz Allen Spot on $998M IDIQ Contract to Bolster the 96th Test Wing’s Test Capabilities; 29/05/2018 – BOOZ ALLEN 4Q ADJ EPS 52C, EST. 46C; 29/05/2018 – BOOZ ALLEN 4Q REV. $1.64B, EST. $1.68B; 23/03/2018 – BOOZ ALLEN HAMILTON HOLDING – SPACE AND NAVAL WARFARE SYSTEMS CENTER PACIFIC AWARDS CO 5 YEAR, $78M CUMULATIVE IDIQ CONTRACT TO PROVIDE C4l SOLUTIONS; 18/04/2018 – Booz Allen Hamilton Announces Formation of the Booz Allen Foundation; 26/04/2018 – BOOZ ALLEN HAMILTON – AIR FORCE MATERIEL COMMAND AWARDED CO SPOT ON $998 MLN INDEFINITE DELIVERY/INDEFINITE QUANTITY MULTIPLE-AWARD CONTRACT; 18/04/2018 – Survey: Fewer Than Half of National Respondents Have Basic Information to Prepare for a Disaster

Booz Allen Hamilton Holding Corporation provides management and technology consulting, engineering, analytics, digital, mission operations, and cyber solutions to governments, firms, and not-for-profit organizations in the United States and internationally. The company has market cap of $6.52 billion. The firm offers consulting solutions for various domains, business strategies, human capital, and operations. It has a 23.84 P/E ratio. It also provides analytics services, which focuses on delivering transformational solutions in the areas of decision analytics, including activities research and cost estimation; intelligence analysis, which include source analysis; and tradecraft, data science, and machine intelligence.

More recent Booz Allen Hamilton Holding Corporation (NYSE:BAH) news were published by: Seekingalpha.com which released: “Booz Allen (BAH) Investor Presentation – Slideshow” on June 07, 2018. Also Seekingalpha.com published the news titled: “Booz Allen Hamilton Holding Corp. (BAH) Horacio Rozanski on Q4 2018 Results – Earnings Call Transcript” on May 29, 2018. Bizjournals.com‘s news article titled: “The GSA has prevailed in a court battle over this massive IT contract” with publication date: June 07, 2018 was also an interesting one.

Analysts await Booz Allen Hamilton Holding Corporation (NYSE:BAH) to report earnings on August, 6. They expect $0.57 earnings per share, up 7.55% or $0.04 from last year’s $0.53 per share. BAH’s profit will be $81.72M for 19.95 P/E if the $0.57 EPS becomes a reality. After $0.52 actual earnings per share reported by Booz Allen Hamilton Holding Corporation for the previous quarter, Wall Street now forecasts 9.62% EPS growth.

Ratings analysis reveals 100% of Booz Allen Hamilton’s analysts are positive. Out of 2 Wall Street analysts rating Booz Allen Hamilton, 2 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. BAH was included in 2 notes of analysts from October 6, 2016. Bank of America upgraded the stock to “Buy” rating in Friday, November 18 report. Raymond James upgraded the stock to “Outperform” rating in Thursday, October 6 report.

Since January 1, 0001, it had 0 buys, and 18 selling transactions for $26.17 million activity.

Investors sentiment decreased to 0.87 in Q1 2018. Its down 0.01, from 0.88 in 2017Q4. It fall, as 25 investors sold THC shares while 77 reduced holdings. 35 funds opened positions while 54 raised stakes. 109.21 million shares or 3.88% less from 113.62 million shares in 2017Q4 were reported. Moreover, Lombard Odier Asset Mgmt (Usa) Corporation has 0.09% invested in Tenet Healthcare Corporation (NYSE:THC). Federated Invsts Inc Pa has 0.01% invested in Tenet Healthcare Corporation (NYSE:THC). Hanseatic Mngmt Serv stated it has 19,115 shares. Winslow Asset has invested 1.11% of its portfolio in Tenet Healthcare Corporation (NYSE:THC). 331,650 were reported by Gotham Asset Mngmt Limited. Westport Asset Mngmt holds 1,000 shares. Moreover, Pnc Financial has 0% invested in Tenet Healthcare Corporation (NYSE:THC) for 455 shares. Moreover, Ameritas Invest has 0.04% invested in Tenet Healthcare Corporation (NYSE:THC) for 31,287 shares. Harris Associate Lp holds 0.3% or 7.45 million shares in its portfolio. Maverick Capital Ltd owns 72,680 shares or 0.02% of their US portfolio. Moreover, Quantbot Technologies Ltd Partnership has 0.04% invested in Tenet Healthcare Corporation (NYSE:THC). The Connecticut-based Cubist Systematic Strategies Lc has invested 0.01% in Tenet Healthcare Corporation (NYSE:THC). Panagora Asset Inc invested 0% in Tenet Healthcare Corporation (NYSE:THC). D E Shaw And holds 0.01% of its portfolio in Tenet Healthcare Corporation (NYSE:THC) for 344,726 shares. Comerica Bankshares holds 0.01% or 63,649 shares.

Analysts await Tenet Healthcare Corporation (NYSE:THC) to report earnings on August, 6. They expect $0.23 EPS, up 235.29% or $0.40 from last year’s $-0.17 per share. THC’s profit will be $23.47 million for 39.74 P/E if the $0.23 EPS becomes a reality. After $0.57 actual EPS reported by Tenet Healthcare Corporation for the previous quarter, Wall Street now forecasts -59.65% negative EPS growth.

Among 23 analysts covering Tenet Healthcare Corporation (NYSE:THC), 10 have Buy rating, 4 Sell and 9 Hold. Therefore 43% are positive. Tenet Healthcare Corporation had 86 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by RBC Capital Markets with “Hold” on Monday, November 13. The firm has “Hold” rating by Mizuho given on Wednesday, October 18. The firm has “Neutral” rating by Credit Suisse given on Wednesday, December 16. The stock of Tenet Healthcare Corporation (NYSE:THC) has “Buy” rating given on Thursday, June 1 by Jefferies. Mizuho upgraded Tenet Healthcare Corporation (NYSE:THC) rating on Tuesday, January 19. Mizuho has “Buy” rating and $30.0 target. The rating was initiated by Goldman Sachs with “Hold” on Wednesday, January 3. The company was initiated on Wednesday, June 7 by Morgan Stanley. The stock has “Buy” rating by Zacks on Friday, August 7. The rating was maintained by Mizuho on Tuesday, December 19 with “Neutral”. The company was upgraded on Friday, February 24 by Mizuho.

Another recent and important Tenet Healthcare Corporation (NYSE:THC) news was published by Businesswire.com which published an article titled: “Tenet to Participate in the Goldman Sachs 39th Annual Global Healthcare Conference” on May 29, 2018.

Tenet Healthcare Corporation (NYSE:THC) Institutional Positions Chart

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