Kindred Healthcare Inc. (NYSE:KND)’s share price was down 4.5% during mid-day trading on Monday . The company traded as low as $11.69 and last traded at $11.71, with a volume of 475,771 shares traded. The stock had previously closed at $12.26.

A number of equities research analysts recently commented on the company. Avondale Partners lowered their price target on Kindred Healthcare from $17.00 to $14.00 and set a “market perform” rating for the company in a research report on Friday, June 17th. Mizuho lowered their price target on Kindred Healthcare from $13.50 to $11.00 and set a “neutral” rating for the company in a research report on Wednesday, July 6th. Zacks Investment Research raised Kindred Healthcare from a “sell” rating to a “hold” rating and set a $15.00 price target for the company in a research report on Tuesday, May 3rd. Finally, TheStreet raised Kindred Healthcare from a “sell” rating to a “hold” rating in a research report on Monday, April 11th. Seven analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $14.00.

The company has a market capitalization of $947.81 million and a price-to-earnings ratio of 14.63. The company has a 50-day moving average of $11.71 and a 200 day moving average of $11.63.

Kindred Healthcare (NYSE:KND) last released its earnings results on Wednesday, May 4th. The company reported $0.35 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.22 by $0.13. The company earned $1.84 billion during the quarter, compared to the consensus estimate of $1.84 billion. The company’s revenue was up 9.7% compared to the same quarter last year. During the same period last year, the firm posted $0.43 earnings per share. Analysts expect that Kindred Healthcare Inc. will post $0.92 earnings per share for the current year.

In other Kindred Healthcare news, CAO John Joseph Lucchese sold 4,341 shares of the business’s stock in a transaction on Wednesday, June 29th. The stock was sold at an average price of $11.39, for a total value of $49,443.99. Following the sale, the chief accounting officer now directly owns 34,130 shares of the company’s stock, valued at $388,740.70. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Several hedge funds and institutional investors have made changes to their positions in the stock. Advisors Asset Management Inc. acquired a new position in shares of Kindred Healthcare during the fourth quarter worth about $3,485,000. Mutual of America Capital Management LLC increased its position in shares of Kindred Healthcare by 34.5% in the fourth quarter. Mutual of America Capital Management LLC now owns 114,024 shares of the company’s stock worth $1,358,000 after buying an additional 29,232 shares during the last quarter. California State Teachers Retirement System increased its position in shares of Kindred Healthcare by 1.6% in the fourth quarter. California State Teachers Retirement System now owns 154,666 shares of the company’s stock worth $1,842,000 after buying an additional 2,448 shares during the last quarter. Nationwide Fund Advisors increased its position in shares of Kindred Healthcare by 0.6% in the fourth quarter. Nationwide Fund Advisors now owns 96,727 shares of the company’s stock worth $1,152,000 after buying an additional 530 shares during the last quarter. Finally, Wells Fargo & Company MN increased its position in shares of Kindred Healthcare by 520.3% in the fourth quarter. Wells Fargo & Company MN now owns 863,118 shares of the company’s stock worth $10,280,000 after buying an additional 723,970 shares during the last quarter.

Kindred Healthcare, Inc is a healthcare services company. The Company operates through four divisions, including the hospital division, the Kindred at Home division, the Kindred Rehabilitation Services division and the nursing center division. Its divisions represent over six segments, including hospitals, home health services, hospice services, Kindred Hospital Rehabilitation Services, RehabCare and nursing centers.

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