On February 24, 2014, SunLink Health Systems, Inc. (NYSE MKT:SSY) announced that its board of directors adopted a new Shareholder Rights Plan (the “Plan”) on February 10, 2014. The Plan is intended to encourage fair treatment of shareholders should a take-over bid be made for SunLink Health Systems, and provide the Board of Directors of SunLink Health Systems (the “Board”) and the shareholders more time to consider any unsolicited take-over bid. Unless otherwise terminated in accordance with its terms, the Plan will terminate on February 9, 2021. SunLink Health Systems, Inc. (NYSEMKT:SSY) shares after opening at $1.65 on last trade day and at the end of the day closed at $1.74. Company price to sales ratio in past twelve months was calculated as 0.15 and price to cash ratio as 3.57. SunLink Health Systems, Inc. (NYSEMKT:SSY) showed a positive weekly performance of 31.82%.
Christopher A. Holden, President and Chief Executive Officer of Amsurg Corp (NASDAQ:AMSG), today announced financial results for the fourth quarter and year ended December 31, 2013. Revenues were $284.6 million for the quarter, an increase of 17% from $242.8 million for the fourth quarter of 2012. Net earnings from continuing operations attributable to AmSurg common shareholders increased 24% to $19.3 million for the fourth quarter of 2013 from $15.6 million for the fourth quarter of 2012 and increased 22% per diluted share to $0.60 from $0.49 per diluted share during the same periods. Amsurg Corp (NASDAQ:AMSG) shares fell -0.76% in last trading session and ended the day on $44.23. AMSG return on equity ratio is recorded as 12.30% and its return on assets is 4.20%. Amsurg Corp (NASDAQ:AMSG) yearly performance is 35.67%.
March 3, 2014 — Universal Health Services, Inc. (NYSE:UHS) announced today that it has completed the acquisition of Palo Verde Behavioral Health (Palo Verde) from Tucson Medical Center. Palo Verde currently operates 48 adult inpatient psychiatric beds. This acquisition establishes the Company’s presence in the Tucson market and expands UHS’s behavioral health presence in Arizona which includes Valley Hospital, an acute inpatient psychiatric hospital and Calvary Addiction Recovery Center, both located in Phoenix. Universal Health Services, Inc. (NYSE:UHS) shares moved down -0.68% in last trading session and was closed at $74.59, while trading in range of $74.19 – $75.47. Universal Health Services, Inc. (NYSE:UHS) year to date (YTD) performance is -8.15%.
HCA Holdings (NYSE:HCA) has received an average recommendation of “Buy” from the twenty-two brokerages that are covering the stock, American Banking and Market News reports. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, sixteen have issued a buy rating and one has issued a strong buy rating on the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $51.38. HCA Holdings Inc (NYSE:HCA) weekly performance is -3.99%. On last trading day company shares ended up $47.65. HCA Holdings Inc (NYSE:HCA) distance from 50-day simple moving average (SMA50) is -4.19%. Analysts mean target price for the company is $56.00.