Tenet Healthcare
About: Tenet Healthcare is a Dallas-based healthcare services organization. It operates acute and specialty hospitals (47 as of December 2024) and over 500 ambulatory surgery centers and other outpatient facilities across the US, primarily in the South. Through its Conifer segment, Tenet also provides revenue cycle management solutions.
Employees: 98,000
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
58% more call options, than puts
Call options by funds: $370M | Put options by funds: $234M
1.86% more ownership
Funds ownership: 91.08% [Q3] → 92.93% (+1.86%) [Q4]
5% less funds holding
Funds holding: 598 [Q3] → 571 (-27) [Q4]
11% less repeat investments, than reductions
Existing positions increased: 198 | Existing positions reduced: 222
13% less first-time investments, than exits
New positions opened: 88 | Existing positions closed: 101
21% less capital invested
Capital invested by funds: $14.5B [Q3] → $11.5B (-$3.02B) [Q4]
42% less funds holding in top 10
Funds holding in top 10: 19 [Q3] → 11 (-8) [Q4]
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
7 analyst ratings
RBC Capital Ben Hendrix 35% 1-year accuracy 25 / 71 met price target | 32%upside $189 | Outperform Maintained | 30 Apr 2025 |
UBS A.J. Rice 42% 1-year accuracy 8 / 19 met price target | 61%upside $230 | Buy Maintained | 30 Apr 2025 |
Baird Michael Ha 39% 1-year accuracy 9 / 23 met price target | 4%downside $137 | Neutral Downgraded | 15 Apr 2025 |
Guggenheim Jason Cassorla 14% 1-year accuracy 2 / 14 met price target | 15%upside $165 | Buy Initiated | 9 Apr 2025 |
Morgan Stanley Craig Hettenbach 14% 1-year accuracy 1 / 7 met price target | 15%upside $165 | Overweight Initiated | 26 Mar 2025 |
Financial journalist opinion
Based on 29 articles about THC published over the past 30 days









