Swiss National Bank Has $14.48 Million Holdings in LHC Group, Inc. (NASDAQ:LHCG)


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Swiss National Bank lessened its position in shares of LHC Group, Inc. (NASDAQ:LHCG) by 0.1% during the 4th quarter, Holdings Channel.com reports. The firm owned 67,866 shares of the health services provider’s stock after selling 100 shares during the quarter. Swiss National Bank’s holdings in LHC Group were worth $14,477,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently bought and sold shares of the stock. BlackRock Inc. lifted its position in shares of LHC Group by 0.6% during the 3rd quarter. BlackRock Inc. now owns 4,644,104 shares of the health services provider’s stock worth $987,151,000 after buying an additional 26,581 shares during the period. Sumitomo Mitsui Trust Holdings Inc. lifted its position in shares of LHC Group by 44.3% during the 4th quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 327,619 shares of the health services provider’s stock worth $69,888,000 after buying an additional 100,522 shares during the period. Charles Schwab Investment Management Inc. lifted its position in shares of LHC Group by 33.2% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 309,390 shares of the health services provider’s stock worth $65,764,000 after buying an additional 77,069 shares during the period. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp lifted its position in shares of LHC Group by 26.8% during the 4th quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 296,226 shares of the health services provider’s stock worth $63,191,000 after buying an additional 62,591 shares during the period. Finally, GW&K Investment Management LLC lifted its position in shares of LHC Group by 0.5% during the 3rd quarter. GW&K Investment Management LLC now owns 227,234 shares of the health services provider’s stock worth $48,301,000 after buying an additional 1,049 shares during the period. Institutional investors and hedge funds own 91.82% of the company’s stock.

Several research firms recently commented on LHCG. Truist raised their target price on LHC Group from $245.00 to $260.00 in a research report on Tuesday, January 5th. Oppenheimer reiterated a “buy” rating on shares of LHC Group in a research report on Tuesday, November 17th. Deutsche Bank Aktiengesellschaft lifted their price objective on LHC Group from $240.00 to $260.00 and gave the company a “buy” rating in a research report on Monday, February 8th. They noted that the move was a valuation call. Zacks Investment Research downgraded LHC Group from a “buy” rating to a “hold” rating and set a $228.00 price objective for the company. in a research report on Tuesday, November 3rd. Finally, Credit Suisse Group started coverage on LHC Group in a research report on Monday, January 25th. They issued an “outperform” rating and a $255.00 price objective for the company. Three analysts have rated the stock with a hold rating and seven have given a buy rating to the company. LHC Group presently has a consensus rating of “Buy” and a consensus price target of $220.73.

NASDAQ LHCG opened at $203.09 on Tuesday. The stock has a fifty day moving average of $209.24 and a 200-day moving average of $209.64. The stock has a market capitalization of $6.42 billion, a P/E ratio of 61.73, a price-to-earnings-growth ratio of 2.53 and a beta of 0.46. LHC Group, Inc. has a 52 week low of $100.00 and a 52 week high of $236.81. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.99 and a current ratio of 0.99.

LHC Group Company Profile

LHC Group, Inc, a health care provider, specializes in the post-acute continuum of care primarily for Medicare beneficiaries in the United States. The company's Home Health Services segment offers home nursing services, including wound care and dressing changes, cardiac rehabilitation, infusion therapy, pain management, pharmaceutical administration, skilled observation and assessment, and patient education; medically-oriented social services; and physical, occupational, and speech therapy services.

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

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