Amedisys Inc Can’t Burn Your Short Portfolio. Has Another Weak Session

The stock of Amedisys Inc (NASDAQ:AMED) is a huge mover today! The stock decreased 3.82% or $1.46 during the last trading session, hitting $36.74. About 291,566 shares traded hands. Amedisys Inc (NASDAQ:AMED) has declined 14.50% since July 23, 2015 and is downtrending. It has underperformed by 7.17% the S&P500. The move comes after 9 months negative chart setup for the $1.26 billion company. It was reported on Mar, 1 by We have $34.17 PT which if reached, will make NASDAQ:AMED worth $88.20M less.

Analysts await Amedisys Inc (NASDAQ:AMED) to reports earnings on March, 2. They expect $0.34 EPS, up 25.93% or $0.07 from last year’s $0.27 per share. AMED’s profit will be $11.66 million for 27.01 P/E if the $0.34 EPS becomes reality. After $0.34 actual EPS reported by Amedisys Inc for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Out of 7 analysts covering Amedisys Inc. (NASDAQ:AMED), 5 rate it “Buy”, 0 “Sell”, while 5 “Hold”. This means 50% are positive. Amedisys Inc. was the topic in 8 analyst reports since September 1, 2015 according to StockzIntelligence Inc.

According to Zacks Investment Research, “Amedisys, Inc. is a leading multi-regional provider of home health care nursing services. They operate home care nursing offices in southern and southeastern United States.”

The institutional sentiment increased to 1.31 in Q3 2015. Its up 0.25, from 1.06 in 2015Q2. The ratio improved, as 14 funds sold all Amedisys Inc shares owned while 57 reduced positions. 38 funds bought stakes while 55 increased positions. They now own 36.78 million shares or 26.39% more from 29.10 million shares in 2015Q2.

North Tide Capital Llc holds 13.24% of its portfolio in Amedisys Inc for 4.00 million shares. Kohlberg Kravis Roberts & Co. L.P. owns 4.84 million shares or 1.94% of their US portfolio. Moreover, Sivik Global Healthcare Llc has 1.47% invested in the company for 79,800 shares. The Georgia-based Caldwell & Orkin Inc has invested 0.58% in the stock. Bogle Investment Management L P De, a Massachusetts-based fund reported 191,662 shares.

Since March 16, 2015, the stock had 0 buys, and 1 insider sale for $141,909 net activity. Ginn Scott G sold 3,063 shares worth $141,909. Washburn Donald A sold 20,000 shares worth $910,160. Ricchiuti Peter sold 900 shares worth $24,896. Jeter Jeffrey D sold 2,668 shares worth $75,478. The insider Netterville Jack L sold 10,000 shares worth $272,014.

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