LHC Group (NASDAQ:LHCG) was upgraded by research analysts at BidaskClub from a “strong sell” rating to a “sell” rating in a research report issued to clients and investors on Wednesday.

Several other research analysts have also issued reports on the stock. SunTrust Banks reaffirmed a “buy” rating and issued a $75.00 target price on shares of LHC Group in a research note on Friday, November 3rd. Zacks Investment Research lowered shares of LHC Group from a “hold” rating to a “sell” rating in a research note on Tuesday, January 9th. Oppenheimer reaffirmed a “buy” rating and issued a $85.00 target price on shares of LHC Group in a research note on Thursday, December 7th. ValuEngine lowered shares of LHC Group from a “buy” rating to a “hold” rating in a research note on Friday, December 1st. Finally, William Blair reaffirmed an “outperform” rating on shares of LHC Group in a research note on Tuesday, November 21st. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and nine have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of $77.10.

LHC Group (LHCG) opened at $62.42 on Wednesday. The stock has a market cap of $1,148.47, a PE ratio of 26.97, a PEG ratio of 1.68 and a beta of 0.71. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.77 and a quick ratio of 1.77. LHC Group has a one year low of $46.18 and a one year high of $76.14.

A number of institutional investors have recently added to or reduced their stakes in the stock. The Manufacturers Life Insurance Company boosted its stake in LHC Group by 3.1% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 12,254 shares of the health services provider’s stock worth $832,000 after acquiring an additional 372 shares during the last quarter. Thrivent Financial For Lutherans boosted its stake in LHC Group by 8.6% during the 2nd quarter. Thrivent Financial For Lutherans now owns 9,100 shares of the health services provider’s stock worth $618,000 after acquiring an additional 720 shares during the last quarter. American International Group Inc. boosted its stake in LHC Group by 7.2% during the 3rd quarter. American International Group Inc. now owns 12,533 shares of the health services provider’s stock worth $889,000 after acquiring an additional 840 shares during the last quarter. Wedge Capital Management L L P NC boosted its stake in LHC Group by 15.9% during the 3rd quarter. Wedge Capital Management L L P NC now owns 7,527 shares of the health services provider’s stock worth $534,000 after acquiring an additional 1,035 shares during the last quarter. Finally, Crossmark Global Holdings Inc. boosted its stake in LHC Group by 28.0% during the 4th quarter. Crossmark Global Holdings Inc. now owns 5,036 shares of the health services provider’s stock worth $308,000 after acquiring an additional 1,103 shares during the last quarter. 85.74% of the stock is currently owned by institutional investors and hedge funds.

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About LHC Group

LHC Group, Inc is a holding company. The Company provides post-acute healthcare services to patients through its home nursing agencies, hospice agencies, community-based services agencies and long-term acute care hospitals (LTACHs). The Company operates through four segments: home health services, hospice services, community-based services and facility-based services.

Analyst Recommendations for LHC Group (NASDAQ:LHCG)

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