LifePoint Health Inc. (LPNT) Is Losing Ground After Q4 Miss

Cornelia Mascio
Febbraio 25, 2018

Bank of America downgraded the shares of LPNT in report on Wednesday, November 9 to "Underperform" rating. Envestnet Asset Management holds 814 shares or 0% of its portfolio. LifePoint Health, Inc. (NASDAQ:LPNT) has declined 5.01% since February 24, 2017 and is downtrending. US Bancorp DE now owns 3,095 shares of the company's stock valued at $155,000 after acquiring an additional 1,189 shares during the period.

Cantor Fitzgerald restated their hold rating on shares of LifePoint Health (NASDAQ:LPNT) in a research report sent to investors on Friday morning. Commonwealth Of Pennsylvania Public School Empls Retrmt Systems holds 0% or 5,852 shares. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Invest has 0.02% invested in LifePoint Health, Inc. (NASDAQ:LPNT). Prudential Financial Inc stated it has 0.04% in LifePoint Health, Inc. If the $41.23 price target is reached, the company will be worth $67.72 million less. Ubs Asset Management Americas reported 43,014 shares. The 7 months bearish chart indicates high risk for the $1.69B company.

On 3/30/2017 John P Bumpus, EVP, sold 33,333 with an average share price of $65.00 per share and the total transaction amounting to $2,166,645.00. It has underperformed by 21.71% the S&P500. One analyst has rated the stock with a sell rating, fifteen have issued a hold rating and five have issued a buy rating to the company's stock. Lifepoint Hospitals has $107 highest and $45 lowest target. The shares were sold at an average price of $44.73, for a total transaction of $174,760.11. (NASDAQ:LPNT) has "Neutral" rating given on Wednesday, January 4 by Piper Jaffray.

10/31/2017-Leerink Swann Reiterated Rating of Outperform. The firm has "Hold" rating given on Friday, October 27 by KeyBanc Capital Markets. (NASDAQ:LPNT) on Monday, June 6 with "Buy" rating. Citigroup maintained LifePoint Health, Inc.

COPYRIGHT VIOLATION WARNING: "LifePoint Health (LPNT) Sets New 1-Year Low on Disappointing Earnings" was originally published by Enterprise Leader and is the property of of Enterprise Leader. "(LPNT) Is Losing Ground After Q4 Miss" on February 23, 2018. KeyCorp reaffirmed a "hold" rating on shares of LifePoint Health in a research report on Sunday, October 29th. Eight analysts surveyed by Zacks expected $1.57 billion.

When adjusted to exclude the impact of the transfer of its home health and hospice service lines to IHHP, the company's normalized same-hospital revenues increased $6.4 million, or 0.4%, for the fourth quarter, compared to the same period a year ago, the company stated.

LifePoint Health, Inc., through its subsidiaries, owns and operates community hospitals, regional health systems, physician practices, outpatient centers, and post-acute facilities in the United States. It has a 10.17 P/E ratio.

The drop in the company's same-hospital revenues was primarily attributable to the transfer of its home health and hospice service lines to In-Home Healthcare Partnership (IHHP), a joint venture with LHC Group. The company's hospitals also provide various outpatient services comprising same-day surgery, laboratory, X-ray, respiratory therapy, imaging, sports medicine, and lithotripsy.

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