Vanguard Group Inc. Grows Stake in Apollo Medical Holdings, Inc. (NASDAQ:AMEH)

Vanguard Group Inc. grew its stake in shares of Apollo Medical Holdings, Inc. (NASDAQ:AMEHFree Report) by 0.9% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,789,241 shares of the company’s stock after acquiring an additional 43,714 shares during the quarter. Vanguard Group Inc. owned about 8.22% of Apollo Medical worth $147,748,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of AMEH. BlackRock Inc. increased its stake in Apollo Medical by 3.5% during the 2nd quarter. BlackRock Inc. now owns 6,513,914 shares of the company’s stock valued at $205,840,000 after purchasing an additional 220,653 shares in the last quarter. SteelPeak Wealth LLC increased its position in shares of Apollo Medical by 25.0% during the third quarter. SteelPeak Wealth LLC now owns 612,176 shares of the company’s stock valued at $18,886,000 after acquiring an additional 122,514 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in Apollo Medical by 21.9% in the 2nd quarter. Dimensional Fund Advisors LP now owns 603,060 shares of the company’s stock worth $19,058,000 after acquiring an additional 108,239 shares during the last quarter. 325 Capital LLC lifted its position in Apollo Medical by 21.1% in the 3rd quarter. 325 Capital LLC now owns 592,810 shares of the company’s stock valued at $18,288,000 after acquiring an additional 103,157 shares in the last quarter. Finally, HighTower Advisors LLC boosted its stake in Apollo Medical by 140.6% during the 3rd quarter. HighTower Advisors LLC now owns 171,082 shares of the company’s stock valued at $5,278,000 after purchasing an additional 99,986 shares during the last quarter. Hedge funds and other institutional investors own 35.88% of the company’s stock.

Apollo Medical Trading Down 2.1 %

Shares of NASDAQ:AMEH opened at $40.82 on Tuesday. The stock’s 50-day simple moving average is $38.57 and its two-hundred day simple moving average is $35.29. The stock has a market capitalization of $2.38 billion, a price-to-earnings ratio of 40.82, a PEG ratio of 1.15 and a beta of 1.04. Apollo Medical Holdings, Inc. has a 52-week low of $28.86 and a 52-week high of $43.12. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.35 and a current ratio of 2.35.

Analyst Ratings Changes

AMEH has been the topic of a number of research analyst reports. Stifel Nicolaus began coverage on Apollo Medical in a report on Wednesday, January 24th. They set a “buy” rating and a $45.00 price target on the stock. Truist Financial started coverage on shares of Apollo Medical in a research note on Friday, December 22nd. They set a “hold” rating and a $41.00 target price on the stock. Jefferies Financial Group started coverage on shares of Apollo Medical in a research note on Monday, February 26th. They issued a “buy” rating and a $50.00 price target for the company. Finally, Bank of America upgraded shares of Apollo Medical from a “neutral” rating to a “buy” rating and increased their price objective for the company from $44.00 to $55.00 in a research report on Thursday, February 22nd. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $47.20.

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About Apollo Medical

(Free Report)

Apollo Medical Holdings, Inc, a physician-centric technology-powered healthcare company, provides medical care services in the United States. 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.

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Institutional Ownership by Quarter for Apollo Medical (NASDAQ:AMEH)

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