Tenet Healthcare
About: Tenet Healthcare is a Dallas-based healthcare services organization. It operates a collection of hospitals (about 60 as of December 2023) and over 450 ambulatory surgery centers and other outpatient facilities across the U.S., primarily in the South. Through its Conifer segment, Tenet also provides revenue cycle management solutions.
Employees: 106,500
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
58% more call options, than puts
Call options by funds: $370M | Put options by funds: $234M
2.18% more ownership
Funds ownership: 91.46% [Q3] → 93.64% (+2.18%) [Q4]
5% less funds holding
Funds holding: 598 [Q3] → 569 (-29) [Q4]
10% less repeat investments, than reductions
Existing positions increased: 199 | Existing positions reduced: 222
14% less first-time investments, than exits
New positions opened: 86 | Existing positions closed: 100
21% less capital invested
Capital invested by funds: $14.5B [Q3] → $11.5B (-$3.06B) [Q4]
42% less funds holding in top 10
Funds holding in top 10: 19 [Q3] → 11 (-8) [Q4]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
5 analyst ratings
Morgan Stanley Craig Hettenbach 29% 1-year accuracy 2 / 7 met price target | 23%upside $165 | Overweight Initiated | 26 Mar 2025 |
Cantor Fitzgerald Sarah James 34% 1-year accuracy 38 / 113 met price target | 32%upside $177 | Overweight Reiterated | 13 Feb 2025 |
Barclays Andrew Mok 44% 1-year accuracy 26 / 59 met price target | 20%upside $161 | Overweight Maintained | 13 Feb 2025 |
Keybanc Tim Rezvan 27% 1-year accuracy 10 / 37 met price target | 38%upside $185 | Overweight Maintained | 7 Jan 2025 |
Truist Securities David Macdonald 61% 1-year accuracy 57 / 94 met price target | 30%upside $175 | Buy Maintained | 6 Jan 2025 |
Financial journalist opinion
Based on 15 articles about THC published over the past 30 days









