Parametric Portfolio Associates LLC purchased a new stake in shares of Adeptus Health Inc (NYSE:ADPT) during the first quarter, Holdings Channel reports. The firm purchased 117,627 shares of the company’s stock, valued at approximately $212,000.
Several other hedge funds have also added to or reduced their stakes in ADPT. Renaissance Technologies LLC purchased a new stake in shares of Adeptus Health during the fourth quarter worth about $3,503,000. Ameriprise Financial Inc. raised its stake in shares of Adeptus Health by 4.3% in the first quarter. Ameriprise Financial Inc. now owns 78,630 shares of the company’s stock worth $141,000 after buying an additional 3,211 shares during the period. Scout Investments Inc. purchased a new stake in shares of Adeptus Health during the first quarter worth about $1,729,000. Finally, Quadrature Capital Ltd purchased a new stake in shares of Adeptus Health during the fourth quarter worth about $222,000.
Shares of Adeptus Health Inc (NYSE:ADPT) opened at 1.41 on Tuesday. Adeptus Health Inc has a 12 month low of $0.90 and a 12 month high of $73.44. The company’s 50-day moving average is $1.82 and its 200-day moving average is $11.06.
Adeptus Health Company Profile
Adeptus Health Inc is a patient-centered healthcare company. The Company is engaged in providing emergency medical care through a network of independent freestanding emergency rooms in the United States and partnerships with various healthcare systems. The Company has approximately 80 freestanding facilities and over two licensed general hospitals.
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