Mutual of America Capital Management LLC Acquires 282 Shares of Apollo Medical Holdings, Inc. (NASDAQ:AMEH)

Mutual of America Capital Management LLC grew its holdings in Apollo Medical Holdings, Inc. (NASDAQ:AMEH – Get Rating) by 5.5% in the 1st quarter, HoldingsChannel.com reports. The fund owned 5,442 shares of the company’s stock after purchasing an additional 282 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Apollo Medical were worth $264,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in shares of Apollo Medical by 39.1% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,248 shares of the company’s stock worth $312,000 after buying an additional 1,193 shares during the period. Teacher Retirement System of Texas boosted its holdings in Apollo Medical by 30.2% in the 4th quarter. Teacher Retirement System of Texas now owns 6,057 shares of the company’s stock valued at $445,000 after purchasing an additional 1,404 shares during the period. Handelsbanken Fonder AB bought a new stake in Apollo Medical in the 4th quarter valued at $492,000. State Board of Administration of Florida Retirement System boosted its holdings in Apollo Medical by 27.3% in the 4th quarter. State Board of Administration of Florida Retirement System now owns 9,230 shares of the company’s stock valued at $678,000 after purchasing an additional 1,980 shares during the period. Finally, ProShare Advisors LLC boosted its holdings in Apollo Medical by 62.4% in the 4th quarter. ProShare Advisors LLC now owns 9,423 shares of the company’s stock valued at $693,000 after purchasing an additional 3,622 shares during the period. 30.81% of the stock is owned by institutional investors.

Insider Activity

In other news, Director Linda Marsh sold 250,000 shares of the stock in a transaction on Friday, June 17th. The shares were sold at an average price of $37.00, for a total value of $9,250,000.00. Following the completion of the transaction, the director now owns 270,081 shares in the company, valued at approximately $9,992,997. The sale was disclosed in a filing with the SEC, which is available at this link. Corporate insiders own 12.34% of the company’s stock.

Apollo Medical Price Performance

Shares of Apollo Medical stock opened at $54.69 on Tuesday. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.77 and a quick ratio of 2.77. Apollo Medical Holdings, Inc. has a fifty-two week low of $29.52 and a fifty-two week high of $133.23. The firm has a fifty day moving average price of $41.25 and a two-hundred day moving average price of $43.98. The company has a market cap of $3.07 billion, a PE ratio of 33.55 and a beta of 0.69.

Apollo Medical (NASDAQ:AMEH – Get Rating) last issued its quarterly earnings results on Thursday, May 5th. The company reported $0.31 earnings per share for the quarter. Apollo Medical had a net margin of 8.71% and a return on equity of 16.80%. The firm had revenue of $263.26 million during the quarter.

About Apollo Medical

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Apollo Medical Holdings, Inc, a physician-centric technology-powered healthcare company, provides medical care services. The company is leveraging its proprietary population health management and healthcare delivery platform, operates an integrated, value-based healthcare model which empowers the providers in its network to deliver care to its patients.