KCG Holdings Inc. increased its stake in Kindred Healthcare, Inc. (NYSE:KND) by 110.0% during the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 43,976 shares of the health services provider’s stock after buying an additional 23,035 shares during the period. KCG Holdings Inc.’s holdings in Kindred Healthcare were worth $367,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of KND. BlackRock Inc. boosted its stake in Kindred Healthcare by 41,968.4% in the first quarter. BlackRock Inc. now owns 10,779,191 shares of the health services provider’s stock valued at $90,006,000 after buying an additional 10,753,568 shares in the last quarter. Wellington Management Group LLP boosted its stake in Kindred Healthcare by 40.9% in the first quarter. Wellington Management Group LLP now owns 7,945,247 shares of the health services provider’s stock valued at $66,342,000 after buying an additional 2,307,814 shares in the last quarter. Norges Bank bought a new stake in Kindred Healthcare during the fourth quarter valued at approximately $8,342,000. Bogle Investment Management L P DE bought a new stake in Kindred Healthcare during the first quarter valued at approximately $3,085,000. Finally, State Street Corp boosted its stake in Kindred Healthcare by 12.6% in the fourth quarter. State Street Corp now owns 2,249,345 shares of the health services provider’s stock valued at $17,661,000 after buying an additional 252,206 shares in the last quarter. Institutional investors and hedge funds own 89.50% of the company’s stock.

Kindred Healthcare, Inc. (KND) opened at 11.30 on Wednesday. The company’s 50-day moving average is $10.88 and its 200-day moving average is $9.05. The company’s market cap is $967.65 million. Kindred Healthcare, Inc. has a 12 month low of $5.65 and a 12 month high of $12.55.

Kindred Healthcare (NYSE:KND) last posted its quarterly earnings results on Wednesday, May 3rd. The health services provider reported $0.04 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.04. Kindred Healthcare had a positive return on equity of 4.08% and a negative net margin of 9.55%. The business had revenue of $1.77 billion for the quarter, compared to analysts’ expectations of $1.78 billion. On average, equities research analysts anticipate that Kindred Healthcare, Inc. will post $0.49 earnings per share for the current year.

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Several brokerages recently weighed in on KND. Mizuho reaffirmed a “neutral” rating and set a $9.00 price objective on shares of Kindred Healthcare in a research report on Monday, July 3rd. Zacks Investment Research lowered shares of Kindred Healthcare from a “hold” rating to a “sell” rating in a research report on Thursday, July 6th. BidaskClub lowered shares of Kindred Healthcare from a “buy” rating to a “hold” rating in a research report on Wednesday, July 12th. Royal Bank Of Canada reaffirmed a “hold” rating and set a $10.00 price objective on shares of Kindred Healthcare in a research report on Monday, May 15th. Finally, Barclays PLC reaffirmed a “buy” rating and set a $13.00 price objective (up previously from $11.00) on shares of Kindred Healthcare in a research report on Sunday, May 7th. Five research analysts have rated the stock with a sell rating, five have given a hold rating and one has assigned a buy rating to the stock. Kindred Healthcare has a consensus rating of “Hold” and a consensus price target of $10.06.

Kindred Healthcare Company Profile

Kindred Healthcare, Inc is a healthcare services company. The Company, through its subsidiaries, operates transitional care (TC) hospitals, a home health, hospice and community care business, inpatient rehabilitation hospitals (IRFs), a contract rehabilitation services business, nursing centers and assisted living facilities across the United States.

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Institutional Ownership by Quarter for Kindred Healthcare (NYSE:KND)

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