DaVitaDVA
Market Cap: $13.2B
About: DaVita is the largest provider of dialysis services in the United States, boasting market share that eclipses 35% when measured by both patients and clinics. The firm operates over 3,000 facilities worldwide, mostly in the U.S., and treats over 240,000 patients globally each year. Government payers dominate U.S. dialysis reimbursement. DaVita receives about two thirds of U.S. sales at government (primarily Medicare) reimbursement rates, with the remainder coming from commercial insurers. However, while commercial insurers represented only about 10% of the U.S. patients treated, they represent nearly all of the profits generated by DaVita in the U.S. dialysis business.
Employees: 70,000
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
64% more call options, than puts
Call options by funds: $225M | Put options by funds: $137M
25% more first-time investments, than exits
New positions opened: 84 | Existing positions closed: 67
25% more funds holding in top 10
Funds holding in top 10: 4 [Q1] → 5 (+1) [Q2]
3% more funds holding
Funds holding: 531 [Q1] → 548 (+17) [Q2]
3% less capital invested
Capital invested by funds: $10.8B [Q1] → $10.5B (-$327M) [Q2]
3.08% less ownership
Funds ownership: 89.68% [Q1] → 86.6% (-3.08%) [Q2]
24% less repeat investments, than reductions
Existing positions increased: 161 | Existing positions reduced: 211
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
Truist Securities David Macdonald 89% 1-year accuracy 34 / 38 met price target | 10%upside $165 | Hold Maintained | 20 Aug 2024 |
UBS Andrew Mok 80% 1-year accuracy 35 / 44 met price target | 17%upside $175 | Buy Maintained | 8 Aug 2024 |
B of A Securities Kevin Fischbeck 78% 1-year accuracy 7 / 9 met price target | 3%downside $145 | Underperform Maintained | 7 Aug 2024 |
TD Cowen Gary Taylor 63% 1-year accuracy 10 / 16 met price target | 0%upside $150 | Hold Maintained | 24 Jul 2024 |
Financial journalist opinion
Based on 17 articles about DVA published over the past 30 days