Market Runner: Lifepoint Hospitals Inc (NASDAQ:LPNT) Shifting Institutional Investors Sentiment

November 30, 2016 - By Marie Mckinney   ·   0 Comments

Market Runner: Lifepoint Hospitals Inc (NASDAQ:LPNT) Shifting Institutional Investors Sentiment

Sentiment for Lifepoint Hospitals Inc (NASDAQ:LPNT)

Lifepoint Hospitals Inc (NASDAQ:LPNT) institutional sentiment decreased to 0.76 in 2016 Q2. Its down -0.22, from 0.98 in 2016Q1. The ratio turned negative, as 109 funds increased or started new equity positions, while 111 sold and decreased stock positions in Lifepoint Hospitals Inc. The funds in our partner’s database now hold: 39.57 million shares, down from 39.98 million shares in 2016Q1. Also, the number of funds holding Lifepoint Hospitals Inc in their top 10 equity positions decreased from 2 to 1 for a decrease of 1. Sold All: 26 Reduced: 85 Increased: 84 New Position: 25.

LifePoint Health, Inc., formerly LifePoint Hospitals, Inc., through its subsidiaries, owns and operates community hospitals, regional health systems, physician practices, outpatient centers and post-acute facilities. The company has a market cap of $2.22 billion. The Firm operates through healthcare services segment. It has a 18.81 P/E ratio. The Firm operates over 70 hospital campuses in over 20 states, having a total of over 8,240 licensed beds.

About 82,274 shares traded hands. LifePoint Health Inc (NASDAQ:LPNT) has declined 24.87% since April 27, 2016 and is downtrending. It has underperformed by 30.10% the S&P500.

Analysts await LifePoint Health Inc (NASDAQ:LPNT) to report earnings on February, 10. They expect $1.07 earnings per share, down 3.60% or $0.04 from last year’s $1.11 per share. LPNT’s profit will be $42.84M for 12.96 P/E if the $1.07 EPS becomes a reality. After $0.94 actual earnings per share reported by LifePoint Health Inc for the previous quarter, Wall Street now forecasts 13.83% EPS growth.

According to Zacks Investment Research, “LifePoint Hospitals, Inc. is engaged in the operation of general, acute care hospitals in non-urban communities. The company’s general, acute care hospitals usually provide the range of medical and surgical services commonly available in hospitals in non-urban markets. These hospitals also provide diagnostic and emergency services, as well as outpatient and ancillary services including outpatient surgery, laboratory, radiology, respiratory therapy and physical therapy.”

Simcoe Capital Management Llc holds 7.39% of its portfolio in LifePoint Health Inc for 199,970 shares. Healthinvest Partners Ab owns 185,851 shares or 5.57% of their US portfolio. Moreover, Pembroke Management Ltd has 1.51% invested in the company for 253,700 shares. The Maryland-based Profit Investment Management Llc has invested 1.5% in the stock. Arbor Capital Management Llc, a Minnesota-based fund reported 30,777 shares.#img1#

LifePoint Health Inc (NASDAQ:LPNT) Ratings Coverage

Ratings analysis reveals 23% of Lifepoint Hospitals’s analysts are positive. Out of 13 Wall Street analysts rating Lifepoint Hospitals, 3 give it “Buy”, 2 “Sell” rating, while 8 recommend “Hold”. The lowest target is $59 while the high is $107. The stock’s average target of $77.29 is 39.39% above today’s ($55.45) share price. LPNT was included in 29 notes of analysts from August 4, 2015. The firm has “Neutral” rating given on Tuesday, February 16 by Mizuho. Mizuho maintained the shares of LPNT in a report on Monday, August 3 with “Buy” rating. Raymond James maintained the shares of LPNT in a report on Tuesday, August 2 with “Outperform” rating. The firm has “Neutral” rating by Goldman Sachs given on Wednesday, January 20. As per Wednesday, September 16, the company rating was initiated by JP Morgan. The firm earned “Outperform” rating on Wednesday, January 6 by Raymond James. Barclays Capital maintained the shares of LPNT in a report on Wednesday, January 6 with “Underweight” rating. The firm has “Buy” rating given on Monday, June 6 by Citigroup. Mizuho downgraded LifePoint Health Inc (NASDAQ:LPNT) on Thursday, October 22 to “Neutral” rating. Citigroup initiated LifePoint Health Inc (NASDAQ:LPNT) on Friday, October 2 with “Buy” rating.

LPNT Company Profile

LifePoint Health, Inc., formerly LifePoint Hospitals, Inc., incorporated in August 12, 2004, through its subsidiaries, owns and operates community hospitals, regional health systems, physician practices, outpatient centers and post-acute facilities. The Firm operates through healthcare services segment. The Firm operates over 70 hospital campuses in over 20 states, having a total of over 8,240 licensed beds. It offers patient services at its facilities. The Company’s hospitals provide a range of medical and surgical services in hospitals in non-urban markets. The Company’s services include general surgery, internal medicine, obstetrics, emergency room care, radiology, oncology, diagnostic care, coronary care, rehabilitation services and pediatric services, and in some of its hospitals, the Company offers specialized services, such as open-heart surgery, skilled nursing, psychiatric care and neuro-surgery.

More notable recent LifePoint Health Inc (NASDAQ:LPNT) news were published by: Seekingalpha.com which released: “LifePoint Health (LPNT) Q3 2016 Results – Earnings Call Transcript” on October 28, 2016, also Marketwatch.com with their article: “LifePoint Health misses profit views, cuts outlook” published on July 29, 2016, Businesswire.com published: “Providence Hospitals Joins LifePoint Health” on February 02, 2016. More interesting news about LifePoint Health Inc (NASDAQ:LPNT) were released by: Businesswire.com and their article: “LifePoint Health Reports Fourth Quarter and Year-End 2015 Results” published on February 12, 2016 as well as Globenewswire.com‘s news article titled: “LifePoint Health to Broadcast Its Third Quarter 2016 Conference Call Live on …” with publication date: October 14, 2016.

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By Marie Mckinney

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