Strs Ohio Buys Shares of 4,900 Tabula Rasa HealthCare Inc (TRHC)
Strs Ohio bought a new position in Tabula Rasa HealthCare Inc (NASDAQ:TRHC) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 4,900 shares of the company’s stock, valued at approximately $137,000.
A number of other hedge funds have also added to or reduced their stakes in TRHC. Bank of New York Mellon Corp increased its stake in Tabula Rasa HealthCare by 47.2% in the second quarter. Bank of New York Mellon Corp now owns 19,412 shares of the company’s stock worth $293,000 after purchasing an additional 6,228 shares during the period. Teachers Advisors LLC increased its stake in Tabula Rasa HealthCare by 203.5% in the second quarter. Teachers Advisors LLC now owns 16,500 shares of the company’s stock worth $248,000 after purchasing an additional 11,063 shares during the period. TIAA CREF Investment Management LLC increased its stake in Tabula Rasa HealthCare by 206.4% in the second quarter. TIAA CREF Investment Management LLC now owns 24,913 shares of the company’s stock worth $375,000 after purchasing an additional 16,782 shares during the period. New York State Common Retirement Fund increased its stake in Tabula Rasa HealthCare by 257.0% in the second quarter. New York State Common Retirement Fund now owns 10,000 shares of the company’s stock worth $151,000 after purchasing an additional 7,199 shares during the period. Finally, Northern Trust Corp increased its stake in Tabula Rasa HealthCare by 97.4% in the second quarter. Northern Trust Corp now owns 95,862 shares of the company’s stock worth $1,443,000 after purchasing an additional 47,306 shares during the period. Institutional investors and hedge funds own 34.17% of the company’s stock.
Shares of Tabula Rasa HealthCare Inc (NASDAQ TRHC) opened at $35.84 on Wednesday. Tabula Rasa HealthCare Inc has a 12-month low of $11.59 and a 12-month high of $38.23. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.73 and a quick ratio of 0.66.
In related news, major shareholder Growth Fund 1Q Lp Originate sold 684,180 shares of the firm’s stock in a transaction dated Monday, December 11th. The stock was sold at an average price of $25.85, for a total transaction of $17,686,053.00. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CFO Brian W. Adams acquired 5,391 shares of the company’s stock in a transaction that occurred on Friday, January 12th. The shares were bought at an average cost of $14.23 per share, for a total transaction of $76,713.93. The disclosure for this purchase can be found here. In the last ninety days, insiders have sold 1,107,180 shares of company stock worth $28,761,763. 45.80% of the stock is owned by corporate insiders.
ILLEGAL ACTIVITY WARNING: “Strs Ohio Buys Shares of 4,900 Tabula Rasa HealthCare Inc (TRHC)” was reported by TheOlympiaReport and is owned by of TheOlympiaReport. If you are accessing this report on another publication, it was copied illegally and republished in violation of U.S. & international copyright and trademark law. The original version of this report can be read at https://theolympiareport.com/2018/02/14/strs-ohio-buys-shares-of-4900-tabula-rasa-healthcare-inc-trhc.html.
Tabula Rasa HealthCare Company Profile
Tabula Rasa HealthCare, Inc (Tabula Rasa), formerly CareKinesis, Inc, is a provider of patient-specific, data-driven technology and solutions that enable healthcare organizations to optimize medication regimens to improve patient outcomes, reduce hospitalizations and manage risk. The Company delivers its solutions through a suite of technology-enabled products and services for medication risk management, which includes bundled prescription fulfillment and adherence packaging services for client populations with complex prescription needs.
Want to see what other hedge funds are holding TRHC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Tabula Rasa HealthCare Inc (NASDAQ:TRHC).
Receive News & Ratings for Tabula Rasa HealthCare Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tabula Rasa HealthCare and related companies with MarketBeat.com's FREE daily email newsletter.