November 30, 2016 - By Darrin Black · 0 Comments
Historic Lifepoint Hospitals Inc (NASDAQ:LPNT) institutional sentiment decreased to 0.76 in Q2 2016. Its down -0.22, from 0.98 in 2016Q1. The ratio is negative, as 109 investment managers opened new and increased positions, while 111 decreased and sold their stock positions in Historic Lifepoint Hospitals Inc. The investment managers in our partner’s database reported: 39.57 million shares, down from 39.98 million shares in 2016Q1. Also, the number of investment managers holding Historic Lifepoint Hospitals Inc in their top 10 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 18.84 P/E ratio. The Firm operates over 70 hospital campuses in over 20 states, having a total of over 8,240 licensed beds.
About 81,329 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 $42.76 million for 12.98 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#
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 39.14% above today’s ($55.55) share price. LPNT was included in 29 notes of analysts from August 4, 2015. Goldman Sachs downgraded LifePoint Health Inc (NASDAQ:LPNT) on Wednesday, January 20 to “Neutral” rating. The rating was downgraded by Credit Suisse to “Neutral” on Friday, November 11. The firm earned “Underweight” rating on Wednesday, January 6 by Barclays Capital. Mizuho downgraded it to “Neutral” rating and $74 target price in Thursday, October 22 report. The stock has “Mkt Perform” rating given by Avondale on Wednesday, November 9. The rating was initiated by Citigroup with “Buy” on Friday, October 2. RBC Capital Markets maintained the shares of LPNT in a report on Tuesday, February 16 with “Outperform” rating. The stock of LifePoint Health Inc (NASDAQ:LPNT) earned “Market Outperform” rating by Avondale on Tuesday, February 16. RBC Capital Markets maintained the stock with “Outperform” rating in Monday, August 3 report. Mizuho maintained the shares of LPNT in a report on Tuesday, February 16 with “Neutral” rating.
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 Darrin Black