BidaskClub upgraded shares of iKang Healthcare Group (NASDAQ:KANG) from a hold rating to a buy rating in a research report report published on Saturday.

Separately, TheStreet raised iKang Healthcare Group from a d+ rating to a c rating in a research report on Friday, December 15th.

iKang Healthcare Group (KANG) opened at $16.05 on Friday. The firm has a market capitalization of $1,109.68, a PE ratio of 401.25 and a beta of 0.30. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.80 and a quick ratio of 0.78. iKang Healthcare Group has a 52-week low of $11.70 and a 52-week high of $17.71.

iKang Healthcare Group (NASDAQ:KANG) last released its earnings results on Thursday, December 14th. The medical research company reported $0.29 earnings per share for the quarter. The company had revenue of $152.42 million during the quarter. iKang Healthcare Group had a return on equity of 1.30% and a net margin of 0.79%.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Pictet Asset Management Ltd. acquired a new position in iKang Healthcare Group in the 3rd quarter valued at about $330,000. Renaissance Technologies LLC acquired a new position in iKang Healthcare Group in the 4th quarter valued at about $377,000. California Public Employees Retirement System acquired a new position in iKang Healthcare Group in the 3rd quarter valued at about $888,000. SG Americas Securities LLC grew its position in iKang Healthcare Group by 48.7% in the 4th quarter. SG Americas Securities LLC now owns 67,573 shares of the medical research company’s stock valued at $1,068,000 after acquiring an additional 22,139 shares in the last quarter. Finally, State of Wisconsin Investment Board grew its position in shares of iKang Healthcare Group by 643.5% during the fourth quarter. State of Wisconsin Investment Board now owns 148,700 shares of the medical research company’s stock worth $2,349,000 after buying an additional 128,700 shares in the last quarter. 32.38% of the stock is owned by institutional investors.

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About iKang Healthcare Group

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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