12,474 Shares in Ardent Health Partners, LLC (NYSE:ARDT) Purchased by Quadrature Capital Ltd

Quadrature Capital Ltd bought a new stake in shares of Ardent Health Partners, LLC (NYSE:ARDT) in the third quarter, Holdings Channel.com reports. The firm bought 12,474 shares of the company’s stock, valued at approximately $229,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Point72 Asset Management L.P. bought a new stake in shares of Ardent Health Partners during the third quarter valued at approximately $27,428,000. Centiva Capital LP acquired a new stake in Ardent Health Partners in the 3rd quarter valued at approximately $469,000. Goldentree Asset Management LP bought a new stake in Ardent Health Partners during the 3rd quarter valued at $22,897,000. MetLife Investment Management LLC acquired a new position in Ardent Health Partners during the 3rd quarter worth $135,000. Finally, BNP Paribas Financial Markets bought a new position in shares of Ardent Health Partners in the third quarter worth $42,000.

Ardent Health Partners Stock Up 1.0 %

Shares of Ardent Health Partners stock opened at $16.68 on Wednesday. Ardent Health Partners, LLC has a 12-month low of $14.57 and a 12-month high of $20.72. The company has a current ratio of 1.91, a quick ratio of 1.78 and a debt-to-equity ratio of 0.78. The stock’s fifty day moving average is $17.50.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the stock. Bank of America cut shares of Ardent Health Partners from a “buy” rating to a “neutral” rating and cut their price objective for the company from $22.00 to $19.00 in a research note on Wednesday, November 6th. Leerink Partners upped their price target on shares of Ardent Health Partners from $23.00 to $25.00 and gave the stock an “outperform” rating in a research note on Tuesday, November 12th. Stephens reiterated an “overweight” rating and set a $24.00 price objective on shares of Ardent Health Partners in a research note on Thursday, September 19th. KeyCorp assumed coverage on Ardent Health Partners in a research report on Friday, October 11th. They issued an “overweight” rating and a $24.00 target price for the company. Finally, Royal Bank of Canada reiterated an “outperform” rating and set a $23.00 price target on shares of Ardent Health Partners in a research report on Thursday, November 14th. Two analysts have rated the stock with a hold rating, eight have issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Buy” and an average price target of $21.82.

About Ardent Health Partners

Ardent Health Partners, Inc owns and operates a network of hospitals and clinics that provides a range of healthcare services in the United States. It operates acute care hospitals, including rehabilitation hospitals and surgical hospitals. The company was founded in 2001 and is based in Brentwood, Tennessee.