Nationwide Financial institution of Canada FI lowered its place in shares of Teladoc Well being, Inc. (NYSE:TDOC – Get Score) by 34.4% within the first quarter, HoldingsChannel stories. The fund owned 8,896 shares of the well being providers supplier’s inventory after promoting 4,667 shares in the course of the interval. Nationwide Financial institution of Canada FI’s holdings in Teladoc Well being have been price $641,000 on the finish of the newest quarter.
Numerous different institutional traders and hedge funds additionally not too long ago made adjustments to their positions within the firm. Shell Asset Administration Co. grew its place in shares of Teladoc Well being by 3.5% in the course of the 1st quarter. Shell Asset Administration Co. now owns 12,418 shares of the well being providers supplier’s inventory price $896,000 after shopping for an extra 423 shares in the course of the interval. Antonetti Capital Administration LLC boosted its stake in Teladoc Well being by 307.1% in the course of the 4th quarter. Antonetti Capital Administration LLC now owns 1,026 shares of the well being providers supplier’s inventory price $92,000 after buying an extra 774 shares over the last quarter. State of New Jersey Frequent Pension Fund D boosted its stake in Teladoc Well being by 3.3% in the course of the 1st quarter. State of New Jersey Frequent Pension Fund D now owns 85,661 shares of the well being providers supplier’s inventory price $6,179,000 after buying an extra 2,771 shares over the last quarter. Vienna Asset Administration LLC purchased a brand new place in Teladoc Well being in the course of the 4th quarter price roughly $678,000. Lastly, Commonwealth Fairness Providers LLC boosted its stake in Teladoc Well being by 25.1% in the course of the 1st quarter. Commonwealth Fairness Providers LLC now owns 126,563 shares of the well being providers supplier’s inventory price $9,129,000 after buying an extra 25,368 shares over the last quarter. Institutional traders personal 87.17% of the corporate’s inventory.
Wall Avenue Analyst Weigh In
A number of analysis analysts not too long ago weighed in on TDOC shares. Berenberg Financial institution lowered shares of Teladoc Well being from a “purchase” ranking to a “maintain” ranking and diminished their value goal for the inventory from $42.00 to $35.00 in a analysis observe on Tuesday, August 2nd. Needham & Firm LLC lowered shares of Teladoc Well being from a “purchase” ranking to a “maintain” ranking in a analysis observe on Thursday, July twenty eighth. Citigroup lower their value goal on shares of Teladoc Well being from $43.00 to $38.00 in a analysis observe on Thursday, July twenty eighth. Cowen lowered shares of Teladoc Well being from an “outperform” ranking to a “market carry out” ranking and lower their value goal for the corporate from $58.00 to $34.00 in a analysis observe on Tuesday, August 2nd. Lastly, William Blair downgraded shares of Teladoc Well being from an “outperform” ranking to a “market carry out” ranking in a report on Thursday, April twenty eighth. One analyst has rated the inventory with a promote ranking, twenty-three have given a maintain ranking and 5 have given a purchase ranking to the corporate’s inventory. Based on knowledge from MarketBeat.com, Teladoc Well being presently has a median ranking of “Maintain” and a median value goal of $71.03.
Insider Shopping for and Promoting
In different Teladoc Well being information, CFO Mala Murthy offered 4,053 shares of Teladoc Well being inventory in a transaction on Monday, June twenty seventh. The inventory was offered at a median value of $37.32, for a complete worth of $151,257.96. Following the sale, the chief monetary officer now owns 27,295 shares within the firm, valued at $1,018,649.40. The transaction was disclosed in a doc filed with the Securities & Change Fee, which is on the market by means of the SEC web site. In associated information, SVP Daniel Trencher offered 1,000 shares of the inventory in a transaction dated Monday, July 18th. The inventory was offered at a median value of $41.12, for a complete transaction of $41.120.00. Following the transaction, the senior vice chairman now owns 27,408 shares of the corporate’s inventory, valued at roughly $1,127,016.96. The transaction was disclosed in a submitting with the SEC, which is on the market by means of this hyperlink. Additionally, CFO Mala Murthy offered 4,053 shares of the enterprise’s inventory in a transaction dated Monday, June twenty seventh. The inventory was offered at a median value of $37.32, for a complete transaction of $151,257.96. Following the sale, the chief monetary officer now owns 27,295 shares within the firm, valued at $1,018,649.40. The disclosure for this sale will be discovered right here. During the last three months, insiders offered 6,053 shares of firm inventory price $221,498. Firm insiders personal 1.55% of the corporate’s inventory.
Teladoc Well being Worth Efficiency
Shares of TDOC inventory opened at $35.41 on Wednesday. The corporate has a debt-to-equity ratio of 0.25, a present ratio of three.38 and a fast ratio of three.22. The corporate has a market capitalization of $5.71 billion, a PE ratio of -0.58 and a beta of 0.82. The agency’s 50-day transferring common is $36.55 and its two-hundred day transferring common is $51.19. Teladoc Well being, Inc. has a 12 month low of $27.38 and a 12 month excessive of $156.82.
Teladoc Well being Profile
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Teladoc Well being, Inc. supplies digital healthcare providers in the US and internationally. The corporate affords a portfolio of providers and options protecting non-urgent, episodic, continual, and complex medical circumstances, together with diabetes, hypertension, continual kidney illness, most cancers, congestive coronary heart failure, and psychological well being circumstances.
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