William Blair lowered shares of Press Ganey Holdings Inc. (NYSE:PGND) from an outperform rating to a market perform rating in a research note published on Monday morning.

PGND has been the topic of a number of other reports. Robert W. Baird restated an outperform rating and issued a $43.00 price target (up from $37.00) on shares of Press Ganey Holdings in a research report on Saturday, June 25th. Wells Fargo & Co. lowered shares of Press Ganey Holdings from an outperform rating to a market perform rating in a research report on Wednesday, August 10th. Zacks Investment Research lowered shares of Press Ganey Holdings from a buy rating to a hold rating in a research report on Thursday, August 25th. Canaccord Genuity lowered shares of Press Ganey Holdings from a buy rating to a hold rating and reduced their price target for the company from $44.00 to $40.50 in a research report on Monday, August 22nd. Finally, Raymond James Financial Inc. boosted their price target on shares of Press Ganey Holdings from $38.00 to $45.00 and gave the company an outperform rating in a research report on Tuesday, August 2nd. Ten research analysts have rated the stock with a hold rating and two have given a buy rating to the company. Press Ganey Holdings presently has a consensus rating of Hold and a consensus target price of $39.56.

Press Ganey Holdings (NYSE:PGND) opened at 40.35 on Monday. The company’s 50 day moving average is $40.44 and its 200-day moving average is $35.64. Press Ganey Holdings has a 1-year low of $23.68 and a 1-year high of $42.09. The firm has a market cap of $2.14 billion, a price-to-earnings ratio of 78.96 and a beta of 0.99.

Press Ganey Holdings (NYSE:PGND) last posted its quarterly earnings results on Monday, August 1st. The company reported $0.30 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.27 by $0.03. The company had revenue of $91.20 million for the quarter, compared to analyst estimates of $88.41 million. Press Ganey Holdings had a net margin of 7.92% and a return on equity of 6.21%. On average, analysts predict that Press Ganey Holdings will post $1.14 EPS for the current fiscal year.

In related news, insider Joseph P. Greskoviak sold 85,730 shares of the business’s stock in a transaction that occurred on Tuesday, August 9th. The shares were sold at an average price of $41.04, for a total transaction of $3,518,359.20. Following the completion of the sale, the insider now directly owns 380,310 shares of the company’s stock, valued at $15,607,922.40. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Patricia L. Riskind sold 64,052 shares of the business’s stock in a transaction that occurred on Friday, September 16th. The stock was sold at an average price of $40.38, for a total transaction of $2,586,419.76. Following the sale, the insider now directly owns 129,325 shares of the company’s stock, valued at $5,222,143.50. The disclosure for this sale can be found here. Corporate insiders own 5.10% of the company’s stock.

Large investors have recently bought and sold shares of the company. KAMES CAPITAL plc acquired a new stake in Press Ganey Holdings during the second quarter worth $2,198,000. Schwab Charles Investment Management Inc. increased its stake in shares of Press Ganey Holdings by 74.1% in the second quarter. Schwab Charles Investment Management Inc. now owns 46,008 shares of the company’s stock valued at $1,811,000 after buying an additional 19,578 shares during the last quarter. American Century Companies Inc. increased its stake in shares of Press Ganey Holdings by 5.3% in the second quarter. American Century Companies Inc. now owns 105,276 shares of the company’s stock valued at $4,143,000 after buying an additional 5,269 shares during the last quarter. Legal & General Group Plc purchased a new stake in shares of Press Ganey Holdings during the second quarter valued at approximately $124,000. Finally, Metropolitan Life Insurance Co. NY increased its stake in shares of Press Ganey Holdings by 72.4% in the second quarter. Metropolitan Life Insurance Co. NY now owns 16,453 shares of the company’s stock valued at $647,000 after buying an additional 6,910 shares during the last quarter. 91.97% of the stock is owned by institutional investors and hedge funds.

Press Ganey Holdings Company Profile

Press Ganey Holdings, Inc is a provider of patient experience and caregiver measurement, performance analytics and strategic advisory solutions for healthcare organizations. The Company provides its clients with a digital platform that captures the perspectives of patients, physicians, nurses and other healthcare employees and enables its clients to benchmark, analyze and manage the patient and caregiver experience.

5 Day Chart for NYSE:PGND

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