LHC Group (NASDAQ:LHCG) Now Covered by Analysts at StockNews.com

Research analysts at StockNews.com initiated coverage on shares of LHC Group (NASDAQ:LHCG – Get Rating) in a report issued on Sunday. The firm set a “hold” rating on the health services provider’s stock.

LHC Group Price Performance

Shares of LHC Group stock opened at $169.81 on Friday. The stock has a market capitalization of $5.27 billion, a price-to-earnings ratio of 82.83, a P/E/G ratio of 22.73 and a beta of 0.43. The firm’s 50-day moving average price is $165.32 and its two-hundred day moving average price is $164.76. The company has a current ratio of 1.45, a quick ratio of 1.45 and a debt-to-equity ratio of 0.44. LHC Group has a 1-year low of $115.32 and a 1-year high of $169.84.

Institutional Investors Weigh In On LHC Group

Hedge funds and other institutional investors have recently bought and sold shares of the business. Private Advisor Group LLC bought a new stake in shares of LHC Group during the first quarter worth $225,000. Bank of Montreal Can grew its holdings in LHC Group by 34.5% during the 1st quarter. Bank of Montreal Can now owns 4,656 shares of the health services provider’s stock worth $784,000 after acquiring an additional 1,195 shares during the last quarter. Rhumbline Advisers increased its position in LHC Group by 1.2% in the 1st quarter. Rhumbline Advisers now owns 89,612 shares of the health services provider’s stock valued at $15,109,000 after acquiring an additional 1,057 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its stake in shares of LHC Group by 10.5% in the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 11,607 shares of the health services provider’s stock worth $1,957,000 after acquiring an additional 1,107 shares during the last quarter. Finally, Raymond James Trust N.A. acquired a new position in shares of LHC Group during the first quarter worth approximately $244,000. 83.47% of the stock is owned by institutional investors and hedge funds.

About LHC Group

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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.