Market Runner: Sentiment Report: Team Health Holdings Inc (NYSE:TMH)

December 1, 2016 - By Richard Conner   ·   0 Comments

Market Runner: Sentiment Report: Team Health Holdings Inc (NYSE:TMH)

Sentiment for Team Health Holdings Inc (NYSE:TMH)

Team Health Holdings Inc (NYSE:TMH) institutional sentiment decreased to 0.89 in Q2 2016. Its down -0.04, from 0.93 in 2016Q1. The ratio dived, as 89 investment professionals opened new and increased positions, while 96 sold and decreased their equity positions in Team Health Holdings Inc. The investment professionals in our partner’s database now have: 78.44 million shares, down from 79.86 million shares in 2016Q1. Also, the number of investment professionals holding Team Health Holdings Inc in their top 10 positions was flat from 3 to 3 for the same number . Sold All: 23 Reduced: 73 Increased: 65 New Position: 24.

Team Health Holdings, Inc. is a United States physician services company. The company has a market cap of $3.16 billion. The Firm supplies outsourced healthcare professional staffing and administrative services to hospitals and other healthcare providers in the United States. It has a 161.94 P/E ratio. It operates through four divisions: Hospital Based Services, IPC Healthcare, Specialty Services and Other Services.

About 35,749 shares traded hands. TeamHealth Holdings Inc (NYSE:TMH) has risen 0.19% since April 28, 2016 and is uptrending. It has underperformed by 5.74% the S&P500.

According to Zacks Investment Research, “Team Health Holdings, L.L.C. is a supplier of outsourced healthcare professional staffing and administrative services to hospitals and other healthcare providers in the United States. TeamHealth operates in two segments: Healthcare Services and Billing Services. The Healthcare Services segment, which comprises healthcare staffing, clinics and occupational health, provides healthcare service programs to users and providers of healthcare services on a fee for service, as well as a cost plus basis. The Billing Services segment provides a range of external billing, collection and consulting services on a fee basis to outside third-party customers.”

Bluespruce Investments Lp holds 5.08% of its portfolio in TeamHealth Holdings Inc for 310,599 shares. Sachem Head Capital Management Lp owns 2.82 million shares or 5.07% of their US portfolio. Moreover, Jana Partners Llc has 4.09% invested in the company for 5.89 million shares. The New York-based 13D Management Llc has invested 3.48% in the stock. Pennant Capital Management Llc, a New Jersey-based fund reported 2.81 million shares.#img1#

TeamHealth Holdings Inc (NYSE:TMH) Ratings Coverage

Ratings analysis reveals 44% of Team Health Holdings’s analysts are positive. Out of 16 Wall Street analysts rating Team Health Holdings, 7 give it “Buy”, 0 “Sell” rating, while 9 recommend “Hold”. The lowest target is $38 while the high is $80.0. The stock’s average target of $49.73 is 16.33% above today’s ($42.75) share price. TMH was included in 38 notes of analysts from August 5, 2015. The firm earned “Neutral” rating on Thursday, February 18 by UBS. The rating was maintained by Leerink Swann with “Buy” on Wednesday, August 5. On Thursday, August 4 the stock rating was maintained by UBS with “Neutral”. The rating was initiated by JP Morgan on Wednesday, September 16 with “Overweight”. The rating was downgraded by Leerink Swann to “Mkt Perform” on Wednesday, October 26. RBC Capital Markets maintained the shares of TMH in a report on Tuesday, December 15 with “Outperform” rating. SunTrust maintained the stock with “Buy” rating in Thursday, August 4 report. Zacks upgraded TeamHealth Holdings Inc (NYSE:TMH) on Tuesday, September 8 to “Buy” rating. On Wednesday, March 16 the stock rating was maintained by Stifel Nicolaus with “Buy”. Canaccord Genuity maintained the stock with “Buy” rating in Tuesday, January 26 report.

TMH Company Profile

Team Health Holdings, Inc. (TeamHealth), incorporated on December 15, 1998, is a well-known provider of outsourced healthcare professional staffing and administrative services to hospitals and other healthcare providers in the United States. The Firm operates through four divisions: Hospital Based Services, IPC Healthcare, Specialty Services and Other Services. The Hospital Based Services segment, which is an aggregation of emergency medicine, anesthesia, and the Company’s acute care services, provides healthcare service programs to users of healthcare services on a fee for service, as well as a cost plus or contract basis. The IPC Healthcare segment consists of IPC and provides acute hospital medicine and post-acute well-known provider service programs to users of healthcare services. The Specialty Services segment, which is an aggregation of military and government healthcare staffing, clinical services, and nurse call center operations, provides healthcare service programs to users of healthcare services in an outpatient setting or in a non-hospital environment. The Other Services segment is an aggregation of locums staffing, scribes, and billing, collection and consulting services that provides a range of other healthcare services. The Firm serves approximately 3,400 civilian and military hospitals, clinics and physician groups in over 45 states with a team of over 18,000 affiliated healthcare professionals, including physicians, physician assistants, nurse practitioners and nurses. The Firm provides outsourced services in emergency departments (EDs).

Another recent and important TeamHealth Holdings Inc (NYSE:TMH) news was published by Finance.Yahoo.com which published an article titled: “Ryan & Maniskas, LLP Announces Investigation of Team Health Holdings, Inc.” on November 18, 2016.

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By Richard Conner

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