SG Americas Securities LLC grew its holdings in iKang Healthcare Group, Inc. (NASDAQ:KANG) by 14.6% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 44,608 shares of the medical research company’s stock after purchasing an additional 5,700 shares during the period. SG Americas Securities LLC’s holdings in iKang Healthcare Group were worth $547,000 at the end of the most recent quarter.
Separately, First Manhattan Co. raised its holdings in shares of iKang Healthcare Group by 101.7% in the second quarter. First Manhattan Co. now owns 1,040,043 shares of the medical research company’s stock valued at $12,761,000 after purchasing an additional 524,318 shares during the last quarter. Institutional investors and hedge funds own 29.70% of the company’s stock.
Separately, BidaskClub upgraded shares of iKang Healthcare Group from a “strong sell” rating to a “sell” rating in a report on Saturday, August 5th.
Shares of iKang Healthcare Group, Inc. (NASDAQ KANG) opened at 14.50 on Monday. The firm’s market capitalization is $935.98 million. The stock has a 50 day moving average of $13.60 and a 200-day moving average of $14.27. iKang Healthcare Group, Inc. has a 12-month low of $11.70 and a 12-month high of $18.94.
iKang Healthcare Group (NASDAQ:KANG) last issued its earnings results on Thursday, June 22nd. The medical research company reported ($0.49) earnings per share for the quarter. iKang Healthcare Group had a negative return on equity of 3.19% and a negative net margin of 2.58%. The firm had revenue of $60.16 million for the quarter. On average, equities research analysts predict that iKang Healthcare Group, Inc. will post $0.65 EPS for the current fiscal year.
iKang Healthcare Group Company Profile
iKang Healthcare Group, Inc provides preventive healthcare solutions, including a range of medical examinations services and value-added services, including disease screening, dental services and other services in China. The Company’s segments include medical examinations and other medical services, and dental services.
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