Acadian Asset Management LLC Has $2.54 Million Stake in Quorum Health Corp (QHC)

Acadian Asset Management LLC grew its stake in Quorum Health Corp (NYSE:QHC) by 10.7% during the 4th quarter, HoldingsChannel.com reports. The firm owned 879,395 shares of the company’s stock after acquiring an additional 85,051 shares during the quarter. Acadian Asset Management LLC’s holdings in Quorum Health were worth $2,542,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its position in Quorum Health by 1,438.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 844,488 shares of the company’s stock worth $4,949,000 after acquiring an additional 789,598 shares during the last quarter. Credit Suisse AG grew its position in Quorum Health by 159.1% during the 3rd quarter. Credit Suisse AG now owns 883,707 shares of the company’s stock worth $5,179,000 after acquiring an additional 542,580 shares during the last quarter. York Capital Management Global Advisors LLC grew its position in Quorum Health by 23.7% during the 3rd quarter. York Capital Management Global Advisors LLC now owns 2,621,283 shares of the company’s stock worth $15,361,000 after acquiring an additional 502,500 shares during the last quarter. Northern Trust Corp grew its position in Quorum Health by 334.6% during the 2nd quarter. Northern Trust Corp now owns 327,564 shares of the company’s stock worth $1,638,000 after acquiring an additional 252,187 shares during the last quarter. Finally, Assenagon Asset Management S.A. bought a new stake in Quorum Health during the 4th quarter worth approximately $690,000. Institutional investors own 94.62% of the company’s stock.

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Separately, Zacks Investment Research lowered Quorum Health from a “hold” rating to a “sell” rating in a research report on Wednesday, November 14th.

NYSE QHC opened at $2.79 on Friday. The company has a market cap of $87.97 million, a P/E ratio of -2.15 and a beta of 2.10. Quorum Health Corp has a one year low of $2.49 and a one year high of $10.00.

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Quorum Health Company Profile

Quorum Health Corporation provides hospital and outpatient healthcare services in the United States. Its hospital and outpatient healthcare services include general and acute care, emergency room, general and specialty surgery, critical care, internal medicine, obstetric, diagnostic, psychiatric, and rehabilitation services.

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