As Kindred Healthcare INC (KND) Stock Price Declined, Brigade Capital Management LP Has Upped Position

May 17, 2018 - By Gloria Calhoun

Kindred Healthcare, Inc. (NYSE:KND) LogoInvestors sentiment decreased to 0.97 in Q4 2017. Its down 0.35, from 1.32 in 2017Q3. It dropped, as 29 investors sold KND shares while 50 reduced holdings. 34 funds opened positions while 43 raised stakes. 78.27 million shares or 1.37% more from 77.21 million shares in 2017Q3 were reported. Gotham Asset Ltd Liability Corp reported 112,887 shares or 0.02% of all its holdings. Mason Street Ltd Liability Corporation reported 0.01% in Kindred Healthcare, Inc. (NYSE:KND). Sivik Lc has invested 0.81% in Kindred Healthcare, Inc. (NYSE:KND). 31,243 are held by Teacher Retirement System Of Texas. Bank Of Montreal Can accumulated 2,129 shares or 0% of the stock. Ahl Prns Limited Liability Partnership holds 0% in Kindred Healthcare, Inc. (NYSE:KND) or 14,278 shares. Parametric Port Assocs Ltd Llc reported 0% of its portfolio in Kindred Healthcare, Inc. (NYSE:KND). Assetmark invested in 0% or 207 shares. Blackrock Inc accumulated 11.38 million shares or 0.01% of the stock. Cibc Asset Mngmt reported 10,421 shares stake. Products Prns Ltd Llc invested in 325,243 shares. Tci Wealth accumulated 116 shares or 0% of the stock. Gargoyle Invest Advisor Ltd stated it has 18,000 shares. Great West Life Assurance Can reported 112,991 shares. State Street stated it has 2.42 million shares or 0% of all its holdings.

Don Morgan increased its stake in Kindred Healthcare Inc (KND) by 1345% based on its latest 2017Q4 regulatory filing with the SEC. Brigade Capital Management Lp bought 3.40M shares as the company’s stock declined 5.70% with the market. The hedge fund run by Don Morgan held 3.66M shares of the health care company at the end of 2017Q4, valued at $35.48 million, up from 253,100 at the end of the previous reported quarter. Brigade Capital Management Lp who had been investing in Kindred Healthcare Inc for a number of months, seems to be bullish on the $816.78 million market cap company. It closed at $8.95 lastly. It is down 5.81% since May 17, 2017 and is uptrending. It has underperformed by 5.74% the S&P500.

Brigade Capital Management Lp, which manages about $17.09B and $1.83 billion US Long portfolio, decreased its stake in California Res Corp by 291,250 shares to 583,750 shares, valued at $11.35 million in 2017Q4, according to the filing. It also reduced its holding in Ishares Tr (HYG) by 154,874 shares in the quarter, leaving it with 39,126 shares, and cut its stake in Peabody Energy Corp New.

More news for Kindred Healthcare, Inc. (NYSE:KND) were recently published by: Streetinsider.com, which released: “Glenview Capital Enters AmerisourceBergen (ABC), Express Scripts (ESRX), T-Mobile (TMUS) (more…) -13F” on May 15, 2018. Seekingalpha.com‘s article titled: “The Ventas Playbook That Helps Me Sleep Well At Night” and published on May 17, 2018 is yet another important article.

Kindred Healthcare, Inc. (NYSE:KND) Ratings Coverage

Among 3 analysts covering Kindred Healthcare (NYSE:KND), 0 have Buy rating, 0 Sell and 3 Hold. Therefore 0 are positive. Kindred Healthcare had 3 analyst reports since November 20, 2017 according to SRatingsIntel. The rating was upgraded by Stifel Nicolaus to “Hold” on Monday, November 20. Mizuho maintained it with “Hold” rating and $9.0 target in Monday, December 18 report. The company was maintained on Tuesday, December 19 by RBC Capital Markets.

Kindred Healthcare, Inc. (NYSE:KND) Institutional Positions Chart

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