Strs Ohio boosted its stake in shares of LHC Team, Inc. (NASDAQ:LHCG – Get Rating) by 42.1% in the first quarter, according to its most latest disclosure with the SEC. The business owned 2,700 shares of the wellbeing providers provider’s stock soon after buying an extra 800 shares all through the time period. Strs Ohio’s holdings in LHC Team ended up value $455,000 at the end of the most current quarter.
A selection of other massive investors also not too long ago added to or reduced their stakes in the stock. Inspire Investing LLC obtained a new situation in LHC Team in the course of the initially quarter worthy of $236,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in LHC Group by 18.6% in the course of the very first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,405 shares of the health products and services provider’s inventory worth $743,000 right after getting an additional 690 shares all through the period of time. Non-public Money Team LLC lifted its place in LHC Team by 47.6% in the course of the initial quarter. Private Cash Group LLC now owns 1,024 shares of the well being providers provider’s stock value $173,000 just after getting an supplemental 330 shares through the period of time. Spire Prosperity Administration obtained a new stake in shares of LHC Team all through the initial quarter worth $29,000. Last but not least, Yarbrough Money LLC grew its holdings in shares of LHC Group by 28.9% in the course of the initially quarter. Yarbrough Money LLC now owns 2,353 shares of the wellness solutions provider’s inventory really worth $397,000 just after obtaining an additional 527 shares in the past quarter. 89.65% of the stock is at present owned by institutional buyers and hedge money.
LHC Group Investing Down .4 %
Shares of LHCG inventory opened at $161.82 on Tuesday. The organization has a debt-to-fairness ratio of .47, a present ratio of 1.41 and a swift ratio of 1.41. The business has a marketplace cap of $5.02 billion, a PE ratio of 50.25, a price-to-earnings-expansion ratio of 2.49 and a beta of .48. The corporation has a 50-working day moving normal of $161.95 and a two-hundred day shifting regular of $150.04. LHC Team, Inc. has a 1-year small of $108.42 and a 1-year significant of $216.65.
LHC Group (NASDAQ:LHCG – Get Rating) last declared its earnings results on Wednesday, Could 4th. The well being solutions service provider noted $1.09 earnings for each share for the quarter, topping the consensus estimate of $1.05 by $.04. The organization experienced profits of $571.50 million during the quarter, as opposed to analyst estimates of $573.10 million. LHC Team experienced a web margin of 4.44% and a return on equity of 10.11%. LHC Group’s profits was up 8.9% as opposed to the very same quarter last calendar year. For the duration of the exact quarter previous calendar year, the agency posted $1.39 earnings for every share. On normal, analysts predict that LHC Group, Inc. will post 5.79 EPS for the recent yr.
Analysts Established New Rate Targets
A selection of investigate companies have recently issued stories on LHCG. Credit history Suisse Team reduced shares of LHC Group from an “outperform” score to a “neutral” rating and dropped their focus on price for the inventory from $181.00 to $170.00 in a report on Wednesday, March 30th. Benchmark lowered shares of LHC Group from a “buy” rating to a “hold” ranking in a report on Wednesday, March 30th. Stephens reduced shares of LHC Team from an “overweight” ranking to an “equal weight” score in a report on Wednesday, March 30th. Deutsche Bank Aktiengesellschaft lowered shares of LHC Group from a “buy” rating to a “hold” score and dropped their target cost for the stock from $190.00 to $170.00 in a report on Monday, April 25th. At last, Barclays upped their focus on rate on shares of LHC Team from $154.00 to $170.00 and gave the stock an “equal weight” ranking in a report on Tuesday, April 12th. Twelve analysts have rated the stock with a maintain score, In accordance to MarketBeat.com, the stock at present has a consensus rating of “Hold” and a consensus rate goal of $167.33.
LHC Team Firm Profile
LHC Team, Inc, a overall health treatment provider, specializes in the put up-acute continuum of care largely for Medicare beneficiaries in the United States. It operates by 5 segments: Residence Wellbeing Products and services, Hospice Companies, Dwelling and Neighborhood-Dependent Companies, Facility-Based mostly Products and services, and Healthcare Improvements (HCI).
Want Extra Great Investing Strategies?
Receive News & Scores for LHC Team Each day – Enter your e-mail tackle beneath to receive a concise day-to-day summary of the latest information and analysts’ rankings for LHC Team and associated providers with MarketBeat.com’s Free every day e mail publication.