Massmutual Trust Co. FSB ADV Trims Stock Position in LHC Group, Inc. (NASDAQ:LHCG)

Massmutual Trust Co. FSB ADV lessened its stake in shares of LHC Group, Inc. (NASDAQ:LHCGGet Rating) by 4.5% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,959 shares of the health services provider’s stock after selling 92 shares during the quarter. Massmutual Trust Co. FSB ADV’s holdings in LHC Group were worth $330,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Moors & Cabot Inc. purchased a new stake in shares of LHC Group during the 3rd quarter worth approximately $25,000. Quadrant Capital Group LLC raised its position in LHC Group by 103.1% in the 4th quarter. Quadrant Capital Group LLC now owns 199 shares of the health services provider’s stock valued at $27,000 after purchasing an additional 101 shares during the last quarter. Signaturefd LLC raised its position in LHC Group by 312.8% in the 4th quarter. Signaturefd LLC now owns 322 shares of the health services provider’s stock valued at $44,000 after purchasing an additional 244 shares during the last quarter. Parallel Advisors LLC raised its position in LHC Group by 62.0% in the 4th quarter. Parallel Advisors LLC now owns 345 shares of the health services provider’s stock valued at $47,000 after purchasing an additional 132 shares during the last quarter. Finally, UMB Bank N A MO purchased a new stake in LHC Group in the 4th quarter valued at $50,000. Institutional investors and hedge funds own 89.65% of the company’s stock.

Several analysts recently commented on LHCG shares. StockNews.com started coverage on shares of LHC Group in a research report on Thursday, March 31st. They issued a “hold” rating for the company. Credit Suisse Group downgraded shares of LHC Group from an “outperform” rating to a “neutral” rating and reduced their price target for the company from $181.00 to $170.00 in a research report on Wednesday, March 30th. Barclays boosted their price objective on shares of LHC Group from $154.00 to $170.00 and gave the company an “equal weight” rating in a research note on Tuesday, April 12th. Deutsche Bank Aktiengesellschaft cut shares of LHC Group from a “buy” rating to a “hold” rating and dropped their price objective for the company from $190.00 to $170.00 in a research note on Monday, April 25th. Finally, Benchmark cut shares of LHC Group from a “buy” rating to a “hold” rating in a research note on Wednesday, March 30th. Twelve investment analysts have rated the stock with a hold rating, According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $167.33.

NASDAQ:LHCG opened at $159.10 on Thursday. The firm has a market cap of $4.94 billion, a price-to-earnings ratio of 49.41, a price-to-earnings-growth ratio of 2.43 and a beta of 0.45. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.47. The company’s 50-day moving average is $165.20 and its two-hundred day moving average is $146.55. LHC Group, Inc. has a 12-month low of $108.42 and a 12-month high of $216.65.

LHC Group (NASDAQ:LHCGGet Rating) last released its earnings results on Wednesday, May 4th. The health services provider reported $1.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.05 by $0.04. The company had revenue of $571.50 million for the quarter, compared to analyst estimates of $573.10 million. LHC Group had a net margin of 4.44% and a return on equity of 10.11%. The firm’s quarterly revenue was up 8.9% on a year-over-year basis. During the same period in the prior year, the firm earned $1.39 EPS. On average, equities research analysts forecast that LHC Group, Inc. will post 5.77 earnings per share for the current fiscal year.

LHC Group Profile (Get Rating)

LHC Group, Inc, a health care provider, specializes in the post-acute continuum of care primarily for Medicare beneficiaries in the United States. It operates through five segments: Home Health Services, Hospice Services, Home and Community-Based Services, Facility-Based Services, and Healthcare Innovations (HCI).

See Also

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Institutional Ownership by Quarter for LHC Group (NASDAQ:LHCG)

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