Great West Life Assurance Co. Can lowered its stake in WebMD Health Corp (NASDAQ:WBMD) by 0.1% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 171,325 shares of the health services provider’s stock after selling 144 shares during the period. Great West Life Assurance Co. Can’s holdings in WebMD Health Corp were worth $10,048,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Janus Capital Management LLC raised its position in WebMD Health Corp by 15.3% in the first quarter. Janus Capital Management LLC now owns 1,195,632 shares of the health services provider’s stock valued at $62,986,000 after buying an additional 158,534 shares in the last quarter. Adams Diversified Equity Fund Inc. raised its position in WebMD Health Corp by 3.1% in the first quarter. Adams Diversified Equity Fund Inc. now owns 19,900 shares of the health services provider’s stock valued at $1,048,000 after buying an additional 600 shares in the last quarter. Envestnet Asset Management Inc. raised its position in WebMD Health Corp by 39.6% in the first quarter. Envestnet Asset Management Inc. now owns 3,364 shares of the health services provider’s stock valued at $178,000 after buying an additional 954 shares in the last quarter. Jana Partners LLC purchased a new position in WebMD Health Corp during the first quarter valued at approximately $23,764,000. Finally, Asset Management One Co. Ltd. purchased a new position in WebMD Health Corp during the first quarter valued at approximately $148,000. Institutional investors and hedge funds own 92.14% of the company’s stock.

WebMD Health Corp (WBMD) opened at 66.24 on Friday. The company has a 50-day moving average of $61.01 and a 200-day moving average of $55.29. The company has a market cap of $2.42 billion, a price-to-earnings ratio of 33.92 and a beta of 0.78. WebMD Health Corp has a 12 month low of $48.10 and a 12 month high of $66.45.

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WBMD has been the subject of several recent research reports. Zacks Investment Research upgraded shares of WebMD Health Corp from a “hold” rating to a “buy” rating and set a $62.00 price target for the company in a research report on Tuesday, July 18th. KeyCorp lowered shares of WebMD Health Corp to an “overweight” rating in a research report on Wednesday, August 2nd. BidaskClub upgraded shares of WebMD Health Corp from a “strong sell” rating to a “sell” rating in a research report on Friday, June 23rd. Citigroup Inc. lowered shares of WebMD Health Corp from a “buy” rating to a “neutral” rating and upped their price target for the stock from $62.00 to $66.50 in a research report on Wednesday, July 26th. Finally, Raymond James Financial, Inc. lowered shares of WebMD Health Corp from an “outperform” rating to a “mkt perform” rating in a research report on Wednesday, July 26th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and three have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $64.40.

WebMD Health Corp Company Profile

WebMD Health Corp. is a provider of health information services. The Company provides its services to consumers, physicians and other healthcare professionals through its Websites, mobile applications and health-focused publications. Advertisers and sponsors use The WebMD Health Network to reach and engage healthcare professionals and consumers who are interested in healthy living, wellness, diseases and conditions, and other health-related topics.

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Institutional Ownership by Quarter for WebMD Health Corp (NASDAQ:WBMD)

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