Three Peaks Capital Management increased its stake in Dallas-based Tenet Healthcare Corp. by 225,813 shares during the third quarter of fiscal year 2016, according to The Cerbat Gem.
Here are five highlights:
1. The total Q3 purchase totaled nearly $5.12 million.
2. As of its most recent filing with the Securities and Exchange Commission, Three Peaks Capital Management owns almost 0.23 percent of Tenet.
3. Tenet shares opened Jan. 26, 2017, trading at $18.39 per share.
4. The company has a market cap. of $1.83 billion.
5. Tenet's 50-day moving average is $16.26 and 200-day moving average is $21.30.