Tenet Healthcare Corp (THC) Shareholder Private Management Group INC Decreased Stake by $4.27 Million as Shares Declined

Tenet Healthcare Corporation (NYSE:THC) Corporate LogoBig Money Sentiment increased to 1.17 in 2018 Q2. It has change of 0.30, from 2018Q1’s 0.87. The ratio improved due to THC positioning: 26 sold and 69 reduced. 47 funds acquired stakes and 64 increased stakes. Investors holded 109.21 million in 2018Q1 but now own 103.39 million shares or 5.33% less. Jpmorgan Chase & has 0.01% invested in Tenet Healthcare Corporation (NYSE:THC). Legal And General Gru Plc accumulated 265,864 shs or 0.01% of the stock. Lpl Ltd Liability has 8,537 shs for 0% of their capital. Sector Gamma As has 0.5% invested in Tenet Healthcare Corporation (NYSE:THC) for 90,503 shs. Arizona State Retirement Systems holds 0.02% of its capital in Tenet Healthcare Corporation (NYSE:THC) for 56,681 shs. Japan-based Daiwa Secs Group Inc has invested 0.02% in Tenet Healthcare Corporation (NYSE:THC). Huber Cap Mgmt Lc has invested 0.66% in Tenet Healthcare Corporation (NYSE:THC). Tudor Corp Et Al reported 8,140 shs. Art invested in 147,286 shs or 0.2% of the stock. Ny State Teachers Retirement Systems invested in 0.01% or 156,989 shs. The California-based Assetmark has invested 0% in Tenet Healthcare Corporation (NYSE:THC). Ameritas Investment Ptnrs reported 0.05% of its capital in Tenet Healthcare Corporation (NYSE:THC). Pnc Fincl Grp Incorporated Inc holds 0% or 654 shs. New Jersey-based Bessemer Gru Inc Inc has invested 0% in Tenet Healthcare Corporation (NYSE:THC). James Inv Incorporated reported 75,086 shs or 0.1% of all its holdings.

In Tenet Healthcare Corp (THC) was decreased the stake held by Private Management Group Inc. The reduction is 16.8% according to 2018Q2 SEC form. By selling 129,500 shares Private Management Group Inc made the stock sank with 22.32%. The hospital and nursing management company at the end of 2018Q2 was priced at $21.52 million. It’s down from 770,620 at the end of the previous reported quarter. Now it had 641,120 shares held by the institutional investor . $2.39 billion is the market cap of Tenet Healthcare Corp. Ticker’s shares touched $23.32 during the last trading session after 2.87% change.Currently Tenet Healthcare Corporation is uptrending after 67.46% change in last December 8, 2017. THC has also 1.03M shares volume. The stock outperformed the S&P 500 by 51.84%.

The Private Management Group Inc’s stake in Crown Holdings Inc (NYSE:CCK) was rose by 406,434 shares to 676,790 shares valued at $30.29 million in 2018Q2, according to the filing. It manages about $2.22 billion and $2.04B US Long portfolio. For a total of 370,414 shares it increased its holding in Comcast Corp (NASDAQ:CMCSA) by 350,619 shares in the quarter, and has risen its stake in Wideopenwest Inc.

Tenet Healthcare Corporation (NYSE:THC) is anticipated to report earnings on February, 25., as reported by RTT. Last year’s earnings per share was $1.4, while now analysts expect change of 81.43 % down from current $0.26 earnings per share. If reported the P/E will be 22.42 with $26.65M profit. Last quarter $0.29 earnings per share was reported. Analysts predicts -10.34 % negative EPS growth this quarter.

For more Tenet Healthcare Corporation (NYSE:THC) news posted briefly go to: Benzinga.com, Warriortradingnews.com, Investorideas.com, Prnewswire.com or Benzinga.com. The titles are as follows: “Thinking About Launching A Cannabis Consumer Product? Here’s What You Should Know – Benzinga” posted on November 19, 2018, “Aurora Cannabis Concludes $290 Million Acquisition in Latin America – Warrior Trading News” on November 26, 2018, “Investor Ideas Potcasts #Cannabis News and Stocks on the Move: (CSE: $TGIF.C) (TSX: $WEED.TO) (NYSE: $CGC) (CSE: $HUGE.C) (CSE: $OVAT.C) – InvestorIdeas.com” with a publish date: December 06, 2018, “Aggressive Development of Newest CBD Based Medicinal Products Occupying Large Share of Cannabis Industry – PRNewswire” and the last “What Is CBD — And How Can Investors Take Advantage Of It? – Benzinga” with publication date: November 15, 2018.

Tenet Healthcare Corporation (NYSE:THC) Ratings Coverage

Total analysts of 5 have positions in Tenet Healthcare (NYSE:THC) as follows: 1 rated it a “Buy”, 1 with “Sell” and 3 with “Hold”. The positive are 20%. Since June 29, 2018 according to StockzIntelligence Inc Tenet Healthcare has 5 analyst reports. On Monday, July 23 the firm earned “Buy” rating by Citigroup. On Friday, June 29 the stock has “Hold” rating by Jefferies. On Friday, August 10 the firm earned “Underweight” rating by JP Morgan.

Tenet Healthcare Corporation (NYSE:THC) Institutional Investors Chart

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