Other research analysts have also issued reports about the company. UBS Group set a $133.00 target price on LHC Group and gave the stock a buy rating in a report on Friday, May 10th. Royal Bank of Canada lifted their target price on NVIDIA to $200.00 and gave the stock an outperform rating in a report on Monday, May 13th. Jefferies Financial Group set a €28.00 ($32.56) target price on Hamburger Hafen und Logistik and gave the stock a buy rating in a report on Thursday, May 9th. Zacks Investment Research lowered Green Plains from a hold rating to a strong sell rating in a report on Thursday, June 27th. Finally, Barclays reiterated a hold rating on shares of LHC Group in a report on Sunday, May 12th. Three investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. LHC Group presently has an average rating of Buy and an average price target of $120.58.
NASDAQ:LHCG opened at $122.84 on Wednesday. LHC Group has a 12-month low of $80.84 and a 12-month high of $128.31. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.57 and a quick ratio of 1.57. The company has a market cap of $3.88 billion, a price-to-earnings ratio of 34.60, a P/E/G ratio of 2.10 and a beta of 0.81. The business has a fifty day moving average of $118.49.
In other LHC Group news, COO Donald Dwayne Stelly sold 448 shares of LHC Group stock in a transaction dated Thursday, May 16th. The stock was sold at an average price of $120.00, for a total value of $53,760.00. Following the sale, the chief operating officer now owns 91,252 shares of the company’s stock, valued at approximately $10,950,240. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Ronald T. Nixon sold 12,000 shares of LHC Group stock in a transaction dated Wednesday, May 22nd. The shares were sold at an average price of $117.20, for a total value of $1,406,400.00. Following the completion of the sale, the director now directly owns 29,100 shares in the company, valued at approximately $3,410,520. The disclosure for this sale can be found here. Insiders sold a total of 46,269 shares of company stock worth $5,314,613 in the last three months. Company insiders own 5.20% of the company’s stock.
Several large investors have recently added to or reduced their stakes in the stock. Parallel Advisors LLC boosted its stake in shares of LHC Group by 790.0% in the first quarter. Parallel Advisors LLC now owns 267 shares of the health services provider’s stock valued at $30,000 after buying an additional 237 shares during the period. Sageworth Trust Co bought a new stake in LHC Group during the first quarter worth $36,000. Quadrant Capital Group LLC lifted its stake in LHC Group by 1,045.7% during the first quarter. Quadrant Capital Group LLC now owns 527 shares of the health services provider’s stock worth $57,000 after purchasing an additional 481 shares during the last quarter. Meeder Asset Management Inc. bought a new stake in LHC Group during the first quarter worth $68,000. Finally, Private Capital Group LLC lifted its stake in LHC Group by 24.4% during the first quarter. Private Capital Group LLC now owns 1,116 shares of the health services provider’s stock worth $124,000 after purchasing an additional 219 shares during the last quarter. 91.43% of the stock is currently owned by institutional investors and hedge funds.
LHC Group Company Profile
LHC Group, Inc provides post-acute health care services to patients through its home nursing agencies, hospices and long-term acute care hospitals. The company operates through the following business segments: Home Health Services, Hospice Services, Home & Community-Based Services, Facility-Based Services and Healthcare Innovations.
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