Zacks Investment Research upgraded shares of Nobilis Health Corp (NYSE:HLTH) (TSE:NHC) from a sell rating to a hold rating in a research note released on Monday morning.

According to Zacks, “Nobilis Health Corp. own and manage ambulatory and acute care facilities for healthcare services. In addition, it owns and manages ambulatory surgery centers, acute care hospital, imaging centers and urgent care clinic. The company operates primarily in Houston, Dallas and Scottsdale, Arizona. Nobilis Health Corp. is headquartered in Houston, Texas. “

Several other equities research analysts have also issued reports on HLTH. TheStreet lowered shares of Nobilis Health Corp from a hold rating to a sell rating in a research note on Monday, November 14th. Craig Hallum lowered shares of Nobilis Health Corp from a buy rating to a hold rating and decreased their price target for the stock from $6.00 to $2.00 in a research note on Monday, December 12th.

Nobilis Health Corp (NYSE:HLTH) opened at 2.15 on Monday. The firm has a market capitalization of $165.29 million and a P/E ratio of 3.88. Nobilis Health Corp has a one year low of $1.80 and a one year high of $4.66. The stock’s 50 day moving average is $2.26 and its 200 day moving average is $2.79.

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A number of hedge funds and other institutional investors have recently added to or reduced their stakes in HLTH. Dimensional Fund Advisors LP raised its position in Nobilis Health Corp by 61.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 48,090 shares of the company’s stock worth $101,000 after buying an additional 18,375 shares in the last quarter. Bank of New York Mellon Corp raised its position in Nobilis Health Corp by 67.9% in the second quarter. Bank of New York Mellon Corp now owns 111,448 shares of the company’s stock worth $248,000 after buying an additional 45,088 shares in the last quarter. California State Teachers Retirement System raised its position in Nobilis Health Corp by 70.3% in the second quarter. California State Teachers Retirement System now owns 116,338 shares of the company’s stock worth $259,000 after buying an additional 48,016 shares in the last quarter. Globeflex Capital L P acquired a new position in Nobilis Health Corp during the second quarter worth $774,000. Finally, CIBC World Markets Inc. raised its position in Nobilis Health Corp by 4.5% in the third quarter. CIBC World Markets Inc. now owns 399,884 shares of the company’s stock worth $1,340,000 after buying an additional 17,201 shares in the last quarter.

Nobilis Health Corp Company Profile

Nobilis Health Corp. (Nobilis) owns and manages healthcare facilities in the States of Texas and Arizona, consisting primarily of ambulatory surgery centers (ASCs) and acute-care and surgical hospitals. The Company’s segments include Medical Services, Marketing Services and Corporate. The Medical Services segment owns and manages approximately nine healthcare facilities in Texas and Arizona; over four hospitals, and approximately five ambulatory surgery centers.

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