Commerce Bank acquired a new position in shares of LifePoint Health, Inc. (NASDAQ:LPNT) in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 4,600 shares of the company’s stock, valued at approximately $309,000.

Several other large investors have also added to or reduced their stakes in the company. Teacher Retirement System of Texas boosted its position in shares of LifePoint Health by 0.3% during the 2nd quarter. Teacher Retirement System of Texas now owns 3,211 shares of the company’s stock worth $216,000 after acquiring an additional 9 shares in the last quarter. US Bancorp DE boosted its position in shares of LifePoint Health by 0.8% in the 2nd quarter. US Bancorp DE now owns 1,947 shares of the company’s stock valued at $130,000 after purchasing an additional 16 shares during the period. Meeder Asset Management Inc. boosted its position in shares of LifePoint Health by 0.6% in the 2nd quarter. Meeder Asset Management Inc. now owns 13,547 shares of the company’s stock valued at $909,000 after purchasing an additional 76 shares during the period. Mason Street Advisors LLC boosted its position in shares of LifePoint Health by 0.7% in the 1st quarter. Mason Street Advisors LLC now owns 18,870 shares of the company’s stock valued at $1,236,000 after purchasing an additional 128 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of LifePoint Health by 10.8% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,678 shares of the company’s stock valued at $113,000 after purchasing an additional 164 shares during the period. 99.53% of the stock is owned by institutional investors and hedge funds.

A number of analysts recently issued reports on LPNT shares. ValuEngine raised LifePoint Health from a “hold” rating to a “buy” rating in a research report on Thursday, August 17th. BidaskClub cut LifePoint Health from a “hold” rating to a “sell” rating in a research report on Tuesday, August 1st. Zacks Investment Research raised LifePoint Health from a “sell” rating to a “hold” rating in a research report on Monday, August 21st. Morgan Stanley started coverage on LifePoint Health in a research report on Tuesday, June 6th. They issued an “equal weight” rating and a $65.00 target price for the company. Finally, TheStreet cut LifePoint Health from a “b-” rating to a “c+” rating in a research report on Wednesday, August 16th. Four analysts have rated the stock with a sell rating, nine have assigned a hold rating and three have given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $66.18.

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LifePoint Health, Inc. (LPNT) opened at 55.70 on Monday. The stock’s 50 day moving average price is $58.48 and its 200-day moving average price is $62.26. LifePoint Health, Inc. has a 52 week low of $50.60 and a 52 week high of $70.95. The stock has a market capitalization of $2.23 billion, a P/E ratio of 12.47 and a beta of 0.85.

LifePoint Health (NASDAQ:LPNT) last issued its quarterly earnings data on Tuesday, August 1st. The company reported $0.96 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.90 by $0.06. The business had revenue of $1.59 billion during the quarter, compared to the consensus estimate of $1.64 billion. LifePoint Health had a return on equity of 7.40% and a net margin of 2.61%. The business’s revenue was up .2% on a year-over-year basis. During the same period in the previous year, the firm posted $0.69 earnings per share. Equities research analysts expect that LifePoint Health, Inc. will post $4.06 earnings per share for the current year.

In other news, Chairman William F. Carpenter III sold 17,653 shares of the business’s stock in a transaction that occurred on Monday, July 17th. The stock was sold at an average price of $65.06, for a total transaction of $1,148,504.18. Following the completion of the transaction, the chairman now directly owns 439,841 shares in the company, valued at $28,616,055.46. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Chairman William F. Carpenter III sold 82,347 shares of the business’s stock in a transaction that occurred on Thursday, June 15th. The stock was sold at an average price of $64.15, for a total value of $5,282,560.05. Following the transaction, the chairman now owns 504,535 shares of the company’s stock, valued at $32,365,920.25. The disclosure for this sale can be found here. Insiders own 7.28% of the company’s stock.

LifePoint Health 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.

Institutional Ownership by Quarter for LifePoint Health (NASDAQ:LPNT)

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