Great West Life Assurance Co. Can Buys New Shares in LHC Group, Inc. (NASDAQ:LHCG)

Great West Life Assurance Co. Can bought a new stake in LHC Group, Inc. (NASDAQ:LHCGGet Rating) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 20,706 shares of the health services provider’s stock, valued at approximately $3,390,000.

Several other hedge funds and other institutional investors have also bought and sold shares of LHCG. Captrust Financial Advisors raised its holdings in shares of LHC Group by 0.3% during the second quarter. Captrust Financial Advisors now owns 32,767 shares of the health services provider’s stock valued at $5,103,000 after purchasing an additional 82 shares during the period. Mackenzie Financial Corp raised its holdings in shares of LHC Group by 5.2% during the first quarter. Mackenzie Financial Corp now owns 1,732 shares of the health services provider’s stock valued at $292,000 after purchasing an additional 85 shares during the period. Brown Brothers Harriman & Co. raised its holdings in shares of LHC Group by 84.6% during the second quarter. Brown Brothers Harriman & Co. now owns 216 shares of the health services provider’s stock valued at $34,000 after purchasing an additional 99 shares during the period. Quadrant Capital Group LLC raised its holdings in shares of LHC Group by 48.3% during the second quarter. Quadrant Capital Group LLC now owns 304 shares of the health services provider’s stock valued at $47,000 after purchasing an additional 99 shares during the period. Finally, United Capital Financial Advisers LLC raised its holdings in shares of LHC Group by 3.1% during the first quarter. United Capital Financial Advisers LLC now owns 3,301 shares of the health services provider’s stock valued at $557,000 after purchasing an additional 99 shares during the period. Institutional investors and hedge funds own 83.47% of the company’s stock.

LHC Group Trading Down 0.1 %

NASDAQ:LHCG opened at $164.41 on Tuesday. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.45 and a quick ratio of 1.45. The firm has a 50-day moving average of $163.92 and a 200-day moving average of $163.73. The company has a market cap of $5.10 billion, a PE ratio of 80.20, a PEG ratio of 22.04 and a beta of 0.44. LHC Group, Inc. has a one year low of $112.25 and a one year high of $169.84.

LHC Group (NASDAQ:LHCGGet Rating) last posted its earnings results on Wednesday, November 2nd. The health services provider reported $1.06 EPS for the quarter, missing the consensus estimate of $1.37 by ($0.31). LHC Group had a return on equity of 8.13% and a net margin of 2.73%. The business had revenue of $576.91 million for the quarter, compared to the consensus estimate of $616.65 million. As a group, equities research analysts expect that LHC Group, Inc. will post 4.32 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, StockNews.com began coverage on shares of LHC Group in a report on Wednesday, October 12th. They set a “hold” rating on the stock. Nine equities research analysts have rated the stock with a hold rating, According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $172.50.

LHC Group Profile

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LHC Group, Inc provides post-acute health care services to patients through its home nursing agencies, hospices and long-term acute care hospitals. The company operates through the following business segments: Home Health Services, Hospice Services, Home & Community-Based Services, Facility-Based Services and Healthcare Innovations.

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

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