Team Health Holdings Inc. (NYSE:TMH)’s share price traded down 3.8% on Wednesday . The stock traded as low as $41.35 and last traded at $41.37, with a volume of 205,838 shares changing hands. The stock had previously closed at $42.99.

A number of equities analysts have commented on the stock. Barclays PLC reaffirmed a “buy” rating on shares of Team Health Holdings in a research report on Sunday, July 10th. Robert W. Baird reaffirmed a “hold” rating on shares of Team Health Holdings in a research report on Monday, May 16th. Canaccord Genuity reaffirmed a “buy” rating on shares of Team Health Holdings in a research report on Tuesday, May 10th. Zacks Investment Research cut shares of Team Health Holdings from a “hold” rating to a “sell” rating in a research report on Tuesday, July 19th. Finally, Bank of America Corp. reaffirmed a “buy” rating and set a $52.00 price objective on shares of Team Health Holdings in a research report on Tuesday, June 21st. One research analyst has rated the stock with a sell rating, six have issued a hold rating and eleven have assigned a buy rating to the stock. Team Health Holdings presently has an average rating of “Buy” and an average target price of $53.25.

The company has a 50-day moving average of $42.62 and a 200 day moving average of $42.26. The firm has a market capitalization of $3.05 billion and a PE ratio of 54.97.

Other large investors have modified their holdings of the company. Employees Retirement System of Texas raised its stake in shares of Team Health Holdings by 37.8% in the fourth quarter. Employees Retirement System of Texas now owns 51,000 shares of the company’s stock worth $2,238,000 after buying an additional 14,000 shares in the last quarter. Jennison Associates LLC raised its stake in shares of Team Health Holdings by 16.7% in the fourth quarter. Jennison Associates LLC now owns 1,319,477 shares of the company’s stock worth $57,912,000 after buying an additional 188,589 shares in the last quarter. Trexquant Investment LP raised its stake in shares of Team Health Holdings by 493.3% in the fourth quarter. Trexquant Investment LP now owns 44,494 shares of the company’s stock worth $1,953,000 after buying an additional 36,994 shares in the last quarter. Marshall Wace LLP acquired a new stake in shares of Team Health Holdings during the fourth quarter worth $8,147,000. Finally, Atlantic Trust Group LLC raised its stake in shares of Team Health Holdings by 0.6% in the fourth quarter. Atlantic Trust Group LLC now owns 202,746 shares of the company’s stock worth $8,898,000 after buying an additional 1,195 shares in the last quarter.

Team Health Holdings, Inc (TeamHealth) is a provider of outsourced healthcare professional staffing and administrative services to hospitals and other healthcare providers. The Company operates through four segments: Hospital Based Services, IPC Healthcare, Specialty Services and Other Services. The Hospital Based Services segment provides healthcare service programs to users of healthcare services on a fee for service, as well as a cost plus or contract basis.

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