Apollo Medical Holdings, Inc. (NASDAQ:AMEH) Shares Bought by Lazard Asset Management LLC

Lazard Asset Management LLC grew its stake in shares of Apollo Medical Holdings, Inc. (NASDAQ:AMEHGet Rating) by 150.0% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,440 shares of the company’s stock after purchasing an additional 2,064 shares during the quarter. Lazard Asset Management LLC’s holdings in Apollo Medical were worth $132,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Texas Permanent School Fund raised its holdings in Apollo Medical by 2.9% during the second quarter. Texas Permanent School Fund now owns 27,547 shares of the company’s stock worth $1,063,000 after purchasing an additional 767 shares in the last quarter. State Board of Administration of Florida Retirement System increased its holdings in shares of Apollo Medical by 41.0% in the 2nd quarter. State Board of Administration of Florida Retirement System now owns 14,100 shares of the company’s stock valued at $544,000 after acquiring an additional 4,100 shares during the period. Envestnet Asset Management Inc. acquired a new position in shares of Apollo Medical in the 2nd quarter valued at $230,000. Nisa Investment Advisors LLC increased its holdings in shares of Apollo Medical by 285.7% in the 2nd quarter. Nisa Investment Advisors LLC now owns 810 shares of the company’s stock valued at $31,000 after acquiring an additional 600 shares during the period. Finally, Handelsbanken Fonder AB increased its holdings in shares of Apollo Medical by 7.5% in the 2nd quarter. Handelsbanken Fonder AB now owns 7,200 shares of the company’s stock valued at $278,000 after acquiring an additional 500 shares during the period. Institutional investors and hedge funds own 32.03% of the company’s stock.

Apollo Medical Stock Performance

Shares of AMEH opened at $28.28 on Tuesday. The company has a debt-to-equity ratio of 0.39, a quick ratio of 2.84 and a current ratio of 2.84. The stock has a market capitalization of $1.60 billion, a P/E ratio of 19.92 and a beta of 0.71. The company’s fifty day moving average is $36.06 and its two-hundred day moving average is $39.96. Apollo Medical Holdings, Inc. has a 1 year low of $27.95 and a 1 year high of $116.84.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on AMEH shares. William Blair started coverage on shares of Apollo Medical in a report on Wednesday, September 21st. They issued an “outperform” rating on the stock. Barclays lifted their target price on shares of Apollo Medical from $50.00 to $57.00 and gave the company an “equal weight” rating in a report on Monday, August 8th.

Apollo Medical Profile

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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.

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

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