130,266 Shares in Definitive Healthcare Corp. (NASDAQ:DH) Bought by Teacher Retirement System of Texas

Teacher Retirement System of Texas acquired a new position in shares of Definitive Healthcare Corp. (NASDAQ:DH - Free Report) in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 130,266 shares of the company's stock, valued at approximately $376,000. Teacher Retirement System of Texas owned about 0.12% of Definitive Healthcare at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in DH. Bayesian Capital Management LP acquired a new position in shares of Definitive Healthcare in the 4th quarter valued at $41,000. KLP Kapitalforvaltning AS purchased a new stake in Definitive Healthcare in the 4th quarter worth about $54,000. Two Sigma Securities LLC purchased a new stake in Definitive Healthcare in the 4th quarter worth about $56,000. ProShare Advisors LLC lifted its stake in Definitive Healthcare by 49.1% in the 4th quarter. ProShare Advisors LLC now owns 15,018 shares of the company's stock worth $62,000 after acquiring an additional 4,943 shares in the last quarter. Finally, Quantbot Technologies LP raised its stake in shares of Definitive Healthcare by 5,305.5% during the 4th quarter. Quantbot Technologies LP now owns 17,730 shares of the company's stock worth $73,000 after purchasing an additional 17,402 shares in the last quarter. 98.67% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

DH has been the topic of a number of research analyst reports. Wall Street Zen raised Definitive Healthcare from a "hold" rating to a "buy" rating in a report on Saturday, June 21st. The Goldman Sachs Group lifted their price objective on Definitive Healthcare from $3.00 to $3.40 and gave the stock a "neutral" rating in a report on Monday, May 12th. Finally, BTIG Research lowered Definitive Healthcare from a "buy" rating to a "neutral" rating in a report on Friday, May 9th. Two analysts have rated the stock with a sell rating, seven have given a hold rating and two have given a buy rating to the company. According to MarketBeat, Definitive Healthcare currently has a consensus rating of "Hold" and a consensus price target of $5.10.

Definitive Healthcare Stock Performance

Shares of DH stock opened at $4.02 on Friday. The firm has a market capitalization of $597.53 million, a P/E ratio of -0.92, a P/E/G ratio of 6.77 and a beta of 1.64. Definitive Healthcare Corp. has a twelve month low of $2.15 and a twelve month high of $6.16. The company has a quick ratio of 1.75, a current ratio of 1.75 and a debt-to-equity ratio of 0.37. The stock's fifty day simple moving average is $3.68 and its 200 day simple moving average is $3.64.

Definitive Healthcare (NASDAQ:DH - Get Free Report) last announced its quarterly earnings data on Thursday, May 8th. The company reported $0.05 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.02 by $0.03. The company had revenue of $59.19 million for the quarter, compared to the consensus estimate of $56.20 million. Definitive Healthcare had a positive return on equity of 3.69% and a negative net margin of 206.05%. The firm's revenue was down 6.8% compared to the same quarter last year. During the same period in the previous year, the business earned $0.08 EPS. As a group, sell-side analysts predict that Definitive Healthcare Corp. will post 0.16 EPS for the current fiscal year.

Definitive Healthcare Company Profile

Definitive Healthcare Corp., together with its subsidiaries, provides software as a service (SaaS) healthcare commercial intelligence platform in the United States and internationally. Its SaaS platform provides information on healthcare providers and their activities to help its customers from product development to go-to-market planning, and sales and marketing execution.

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