LifePoint Health Inc (NASDAQ:LPNT) insider David M. Dill sold 45,000 shares of LifePoint Health stock in a transaction dated Tuesday, January 16th. The stock was sold at an average price of $48.52, for a total value of $2,183,400.00. Following the sale, the insider now directly owns 252,673 shares of the company’s stock, valued at $12,259,693.96. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.
LifePoint Health Inc (NASDAQ LPNT) opened at $48.25 on Friday. The stock has a market capitalization of $1,919.55, a PE ratio of 11.41, a P/E/G ratio of 1.15 and a beta of 0.67. LifePoint Health Inc has a 52-week low of $42.50 and a 52-week high of $70.95. The company has a debt-to-equity ratio of 1.24, a current ratio of 1.85 and a quick ratio of 1.65.
LifePoint Health (NASDAQ:LPNT) last issued its quarterly earnings results on Friday, October 27th. The company reported $0.80 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.95 by ($0.15). The company had revenue of $1.58 billion during the quarter, compared to analyst estimates of $1.60 billion. LifePoint Health had a net margin of 2.45% and a return on equity of 7.01%. The business’s revenue was down .7% on a year-over-year basis. During the same quarter last year, the firm earned $0.94 EPS. equities analysts expect that LifePoint Health Inc will post 3.65 earnings per share for the current fiscal year.
Several analysts have recently weighed in on the company. Credit Suisse Group assumed coverage on LifePoint Health in a report on Thursday, November 2nd. They issued a “neutral” rating and a $54.00 target price for the company. Leerink Swann reissued an “outperform” rating and issued a $58.00 target price (down from $74.00) on shares of LifePoint Health in a report on Tuesday, October 31st. They noted that the move was a valuation call. BidaskClub raised LifePoint Health from a “strong sell” rating to a “sell” rating in a report on Friday, December 15th. SunTrust Banks set a $60.00 target price on LifePoint Health and gave the company a “hold” rating in a report on Thursday, October 12th. Finally, Raymond James Financial reissued a “market perform” rating on shares of LifePoint Health in a report on Monday, October 30th. Two investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and five have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $59.14.
A number of hedge funds have recently modified their holdings of the stock. State of Alaska Department of Revenue acquired a new position in LifePoint Health in the 4th quarter valued at about $134,000. Schwab Charles Investment Management Inc. increased its position in LifePoint Health by 14.0% in the 4th quarter. Schwab Charles Investment Management Inc. now owns 169,543 shares of the company’s stock valued at $8,444,000 after acquiring an additional 20,781 shares during the period. Profit Investment Management LLC increased its position in LifePoint Health by 41.2% in the 4th quarter. Profit Investment Management LLC now owns 43,304 shares of the company’s stock valued at $2,157,000 after acquiring an additional 12,640 shares during the period. Public Employees Retirement System of Ohio increased its position in LifePoint Health by 20.8% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 15,429 shares of the company’s stock valued at $893,000 after acquiring an additional 2,660 shares during the period. Finally, California Public Employees Retirement System increased its position in LifePoint Health by 4.4% in the 3rd quarter. California Public Employees Retirement System now owns 186,689 shares of the company’s stock valued at $10,809,000 after acquiring an additional 7,903 shares during the period.
LifePoint Health Company Profile
LifePoint Health, Inc, through its subsidiaries, owns and operates community hospitals, regional health systems, physician practices, outpatient centers and post-acute facilities. As of December 31, 2016, the Company operated 72 hospital campuses in 22 states, having a total of 9,424 licensed beds. It offers a range of general and specialized healthcare services to patients through a network of hospitals and outpatient facilities.
Receive News & Ratings for LifePoint Health Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for LifePoint Health and related companies with MarketBeat.com's FREE daily email newsletter.