Pro-Historic Lifepoint Hospitals Inc Institutional Investors Sentiment Runs High in Q2 2018

October 2, 2018 - By Michael Collier

LifePoint Health, Inc. (NASDAQ:LPNT) Logo

Sentiment for Historic Lifepoint Hospitals Inc (NASDAQ:LPNT)

Historic Lifepoint Hospitals Inc (NASDAQ:LPNT) institutional sentiment increased to 1.23 in Q2 2018. Its up 0.25, from 0.98 in 2018Q1. The ratio is more positive, as 98 institutional investors opened new and increased equity positions, while 80 decreased and sold their stock positions in Historic Lifepoint Hospitals Inc. The institutional investors in our partner’s database now own: 42.36 million shares, up from 40.97 million shares in 2018Q1. Also, the number of institutional investors holding Historic Lifepoint Hospitals Inc in their top 10 equity positions was flat from 0 to 0 for the same number . Sold All: 17 Reduced: 63 Increased: 67 New Position: 31.

LifePoint Health, Inc., through its subsidiaries, owns and operates community hospitals, regional health systems, physician practices, outpatient centers, and post-acute facilities in the United States. The company has market cap of $2.49 billion. The Company’s hospitals offer a range of medical and surgical services, such as general surgery, internal medicine, obstetrics, emergency room care, radiology, oncology, diagnostic care, coronary care, rehabilitation, and pediatric services, as well as specialized services, including open-heart surgery, skilled nursing, psychiatric care, and neuro-surgery. It has a 59.41 P/E ratio. The companyÂ’s hospitals also provide various outpatient services comprising same-day surgery, laboratory, X-ray, respiratory therapy, imaging, sports medicine, and lithotripsy.

The stock decreased 0.09% or $0.06 during the last trading session, reaching $64.34. About 465,949 shares traded. LifePoint Health, Inc. (NASDAQ:LPNT) has risen 13.88% since October 2, 2017 and is uptrending. It has underperformed by 1.74% the S&P500.

Analysts await LifePoint Health, Inc. (NASDAQ:LPNT) to report earnings on October, 26. They expect $0.99 EPS, up 23.75 % or $0.19 from last year’s $0.8 per share. LPNT’s profit will be $38.28 million for 16.25 P/E if the $0.99 EPS becomes a reality. After $1.27 actual EPS reported by LifePoint Health, Inc. for the previous quarter, Wall Street now forecasts -22.05 % negative EPS growth.

Profit Investment Management Llc holds 1.95% of its portfolio in LifePoint Health, Inc. for 50,171 shares. Dean Capital Management owns 35,935 shares or 1.15% of their US portfolio. Moreover, Smith Graham & Co. Investment Advisors Lp has 1.1% invested in the company for 238,590 shares. The Colorado-based Elk Creek Partners Llc has invested 0.89% in the stock. Letko Brosseau & Associates Inc, a Quebec – Canada-based fund reported 1.49 million shares.

LifePoint Health, Inc. (NASDAQ:LPNT) Ratings Coverage

Ratings analysis reveals 0 of LifePoint Health’s analysts are positive. Out of 6 Wall Street analysts rating LifePoint Health, 0 give it “Buy”, 0 “Sell” rating, while 6 recommend “Hold”. The lowest target is $5000 while the high is $65. The stock’s average target of $62.75 is -2.47% below today’s ($64.34) share price. LPNT was included in 7 notes of analysts from April 17, 2018. On Tuesday, July 24 the stock rating was downgraded by RBC Capital Markets to “Sector Perform”. The stock of LifePoint Health, Inc. (NASDAQ:LPNT) has “Hold” rating given on Tuesday, April 17 by SunTrust. The firm earned “Neutral” rating on Tuesday, July 24 by Robert W. Baird. The firm has “Market Perform” rating by William Blair given on Tuesday, July 24. The firm earned “Market Perform” rating on Tuesday, July 24 by BMO Capital Markets. The rating was maintained by Credit Suisse with “Neutral” on Tuesday, July 24. Credit Suisse maintained LifePoint Health, Inc. (NASDAQ:LPNT) rating on Monday, May 14. Credit Suisse has “Hold” rating and $5800 target.

More news for LifePoint Health, Inc. (NASDAQ:LPNT) were recently published by: Bizjournals.com, which released: “Here’s how much LifePoint’s CEO could be paid following company’s sale” on October 01, 2018. Seekingalpha.com‘s article titled: “LifePoint Health’s Chairman & CEO to retire” and published on September 26, 2018 is yet another important article.

LifePoint Health, Inc. (NASDAQ:LPNT) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

>