Federated Investors Inc. PA acquired a new stake in Adeptus Health Inc (NYSE:ADPT) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 102,644 shares of the company’s stock, valued at approximately $784,000. Federated Investors Inc. PA owned about 0.63% of Adeptus Health as of its most recent filing with the SEC.

Other large investors have also bought and sold shares of the company. Municipal Employees Retirement System of Michigan raised its position in shares of Adeptus Health by 2.4% in the third quarter. Municipal Employees Retirement System of Michigan now owns 2,990 shares of the company’s stock valued at $129,000 after buying an additional 70 shares during the last quarter. Louisiana State Employees Retirement System raised its position in shares of Adeptus Health by 10.0% in the third quarter. Louisiana State Employees Retirement System now owns 6,600 shares of the company’s stock valued at $284,000 after buying an additional 600 shares during the last quarter. Monarch Partners Asset Management LLC raised its position in shares of Adeptus Health by 79.9% in the third quarter. Monarch Partners Asset Management LLC now owns 7,590 shares of the company’s stock valued at $327,000 after buying an additional 3,370 shares during the last quarter. Arizona State Retirement System raised its position in shares of Adeptus Health by 11.4% in the third quarter. Arizona State Retirement System now owns 7,800 shares of the company’s stock valued at $336,000 after buying an additional 800 shares during the last quarter. Finally, Parkwood LLC purchased a new position in shares of Adeptus Health during the third quarter valued at approximately $474,000.

Institutional Ownership by Quarter for Adeptus Health (NYSE:ADPT)

Adeptus Health Inc (NYSE:ADPT) opened at 1.64 on Tuesday. The stock has a 50 day moving average price of $5.45 and a 200 day moving average price of $17.59. The firm has a market cap of $26.89 million, a price-to-earnings ratio of 0.29 and a beta of 0.34. Adeptus Health Inc has a 12 month low of $1.34 and a 12 month high of $73.44.

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Several research analysts have recently commented on ADPT shares. SunTrust Banks, Inc. reiterated a “buy” rating on shares of Adeptus Health in a research report on Wednesday, March 8th. Jefferies Group LLC reiterated a “hold” rating and issued a $13.00 target price on shares of Adeptus Health in a research report on Monday, November 28th. Three equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and three have assigned a buy rating to the company’s stock. Adeptus Health currently has a consensus rating of “Hold” and an average target price of $44.80.

In related news, major shareholder Prescott Group Capital Managem sold 102,192 shares of the company’s stock in a transaction on Friday, February 3rd. The shares were sold at an average price of $7.21, for a total transaction of $736,804.32. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. 34.70% of the stock is owned by corporate insiders.

Adeptus Health Company Profile

Adeptus Health Inc is a patient-centered healthcare company. The Company is engaged in providing emergency medical care through a network of independent freestanding emergency rooms in the United States and partnerships with various healthcare systems. The Company has approximately 80 freestanding facilities and over two licensed general hospitals.

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