Tenet Healthcare (THC) At $18.03 Forms Bottom; Bares Capital Management Raised Factset Research Systems (FDS) Position By $10.66 Million

February 12, 2018 - By Annabelle Johnson

Bares Capital Management Inc increased Factset Research Systems Inc. (FDS) stake by 9.67% reported in 2017Q3 SEC filing. Bares Capital Management Inc acquired 59,249 shares as Factset Research Systems Inc. (FDS)’s stock declined 11.25%. The Bares Capital Management Inc holds 672,267 shares with $121.08 million value, up from 613,018 last quarter. Factset Research Systems Inc. now has $7.41 billion valuation. The stock increased 0.96% or $1.81 during the last trading session, reaching $189.8. About 387,327 shares traded or 0.10% up from the average. FactSet Research Systems Inc. (NYSE:FDS) has risen 5.61% since February 12, 2017 and is uptrending. It has underperformed by 11.09% the S&P500.

Tenet Healthcare Corporation (THC) formed multiple bottom with $17.13 target or 5.00% below today’s $18.03 share price. Tenet Healthcare Corporation (THC) has $1.82 billion valuation. The stock increased 2.44% or $0.43 during the last trading session, reaching $18.03. About 2.54M shares traded. Tenet Healthcare Corporation (NYSE:THC) has declined 36.81% since February 12, 2017 and is downtrending. It has underperformed by 53.51% the S&P500.

Among 23 analysts covering Tenet Healthcare Corporation (NYSE:THC), 8 have Buy rating, 4 Sell and 11 Hold. Therefore 35% are positive. Tenet Healthcare Corporation has $68 highest and $13 lowest target. $24.25’s average target is 34.50% above currents $18.03 stock price. Tenet Healthcare Corporation had 73 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was upgraded by BMO Capital Markets to “Outperform” on Monday, August 31. Leerink Swann maintained it with “Outperform” rating and $30 target in Monday, August 21 report. The stock of Tenet Healthcare Corporation (NYSE:THC) has “Underperform” rating given on Monday, June 13 by Ladenburg Thalmann. The stock has “Equal-Weight” rating by Morgan Stanley on Wednesday, June 7. As per Tuesday, November 22, the company rating was downgraded by Mizuho. The firm earned “Neutral” rating on Wednesday, December 16 by Credit Suisse. The firm has “Neutral” rating by Mizuho given on Friday, February 24. The rating was maintained by SunTrust on Friday, October 13 with “Hold”. The rating was maintained by Credit Suisse with “Neutral” on Wednesday, August 9. Credit Suisse initiated the stock with “Hold” rating in Friday, November 3 report.

Investors sentiment increased to 1.33 in Q3 2017. Its up 0.08, from 1.25 in 2017Q2. It is positive, as 33 investors sold Tenet Healthcare Corporation shares while 57 reduced holdings. 41 funds opened positions while 79 raised stakes. 122.38 million shares or 7.67% more from 113.66 million shares in 2017Q2 were reported. Ubs Oconnor Limited Liability Com reported 0.02% stake. Deutsche Bancorp Ag invested 0% of its portfolio in Tenet Healthcare Corporation (NYSE:THC). Natixis reported 15,629 shares. Meeder Asset Mgmt Incorporated reported 0.09% of its portfolio in Tenet Healthcare Corporation (NYSE:THC). Rudman Errol M owns 0.24% invested in Tenet Healthcare Corporation (NYSE:THC) for 25,000 shares. Hbk Ltd Partnership reported 404,982 shares. Hudson Bay Capital Lp reported 175,000 shares. Cubist Systematic Strategies Ltd reported 11,159 shares. D E Shaw & holds 691,113 shares. Apollo Mgmt Holdings L P holds 300,000 shares. Putnam Investments Ltd Co invested in 87,700 shares. Panagora Asset Mgmt has 9,300 shares. Zurcher Kantonalbank (Zurich Cantonalbank) stated it has 0% in Tenet Healthcare Corporation (NYSE:THC). Proxima Ltd Liability Com accumulated 200,000 shares. Schwab Charles Investment Mngmt Inc owns 0.01% invested in Tenet Healthcare Corporation (NYSE:THC) for 534,579 shares.

Analysts await Tenet Healthcare Corporation (NYSE:THC) to report earnings on February, 26. They expect $1.29 earnings per share, up 2,050.00% or $1.23 from last year’s $0.06 per share. THC’s profit will be $130.22M for 3.49 P/E if the $1.29 EPS becomes a reality. After $-0.17 actual earnings per share reported by Tenet Healthcare Corporation for the previous quarter, Wall Street now forecasts -858.82% EPS growth.

Among 19 analysts covering FactSet Research Systems Inc. (NYSE:FDS), 2 have Buy rating, 3 Sell and 14 Hold. Therefore 11% are positive. FactSet Research Systems Inc. had 37 analyst reports since September 22, 2015 according to SRatingsIntel. The stock has “Underweight” rating by Barclays Capital on Tuesday, January 10. Morgan Stanley maintained the shares of FDS in report on Monday, October 23 with “Equal-Weight” rating. The rating was initiated by Evercore with “Hold” on Thursday, January 7. The firm earned “Hold” rating on Wednesday, September 27 by Piper Jaffray. The stock of FactSet Research Systems Inc. (NYSE:FDS) has “Underweight” rating given on Wednesday, September 27 by Barclays Capital. Morgan Stanley maintained FactSet Research Systems Inc. (NYSE:FDS) on Wednesday, September 27 with “Equal-Weight” rating. Barclays Capital maintained FactSet Research Systems Inc. (NYSE:FDS) on Wednesday, September 23 with “Equal Weight” rating. UBS maintained FactSet Research Systems Inc. (NYSE:FDS) on Wednesday, December 20 with “Sell” rating. As per Thursday, September 21, the company rating was upgraded by Northcoast. UBS downgraded FactSet Research Systems Inc. (NYSE:FDS) on Thursday, March 10 to “Sell” rating.

Investors sentiment decreased to 1.08 in Q3 2017. Its down 0.01, from 1.09 in 2017Q2. It dropped, as 29 investors sold FDS shares while 112 reduced holdings. 40 funds opened positions while 112 raised stakes. 36.28 million shares or 0.35% less from 36.41 million shares in 2017Q2 were reported. Voloridge Invest Management has 4,301 shares for 0.02% of their portfolio. Genesee Valley Trust invested 0.15% of its portfolio in FactSet Research Systems Inc. (NYSE:FDS). Moreover, Farr Miller Washington Llc Dc has 0.03% invested in FactSet Research Systems Inc. (NYSE:FDS) for 1,533 shares. 200,987 are held by Morgan Stanley. Page Arthur B owns 2,540 shares for 0.4% of their portfolio. Ariel Ltd Co holds 0.07% or 33,870 shares. Franklin Resources Inc invested in 10,543 shares or 0% of the stock. Research And Mgmt stated it has 0.01% in FactSet Research Systems Inc. (NYSE:FDS). Coastline owns 9,685 shares or 0.3% of their US portfolio. Zurcher Kantonalbank (Zurich Cantonalbank) stated it has 1,590 shares or 0% of all its holdings. California State Teachers Retirement Systems reported 62,170 shares stake. Motley Fool Wealth Llc accumulated 26,400 shares. Montag Caldwell Ltd Limited Liability Company accumulated 0.01% or 1,443 shares. Richard Bernstein holds 0.22% or 17,773 shares in its portfolio. Advantus Incorporated has 4,966 shares.

Since September 29, 2017, it had 0 buys, and 7 insider sales for $13.64 million activity. 2,419 shares were sold by BILLEADEAU SCOTT A, worth $465,174 on Wednesday, January 3. Another trade for 1,000 shares valued at $198,000 was made by McNulty Matthew J on Friday, January 12. The insider Hale Mark J. sold 9,458 shares worth $1.71M. Shares for $1.33 million were sold by Snow Frederick Philip on Monday, October 2. MCGONIGLE JAMES J had sold 1,186 shares worth $229,989 on Monday, January 8.

Bares Capital Management Inc decreased Comscore Inc. (NASDAQ:SCOR) stake by 101,783 shares to 2.51 million valued at $72.23 million in 2017Q3. It also reduced America’s Car (NASDAQ:CRMT) stake by 469,037 shares and now owns 294,477 shares. Ansys Inc. (NASDAQ:ANSS) was reduced too.