SunTrust Banks, Inc. reaffirmed their hold rating on shares of LifePoint Health, Inc. (NASDAQ:LPNT) in a report published on Thursday. SunTrust Banks, Inc. currently has a $63.00 price target on the stock.

LPNT has been the topic of a number of other research reports. BidaskClub cut LifePoint Health from a buy rating to a hold rating in a report on Saturday, July 8th. Royal Bank Of Canada reaffirmed a buy rating and issued a $77.00 price target on shares of LifePoint Health in a report on Wednesday, July 5th. Zacks Investment Research raised LifePoint Health from a hold rating to a buy rating and set a $75.00 price target on the stock in a report on Tuesday, July 4th. TheStreet cut LifePoint Health from a b- rating to a c+ rating in a report on Wednesday, August 16th. Finally, ValuEngine cut LifePoint Health from a buy rating to a hold rating in a report on Friday, September 1st. Four analysts have rated the stock with a sell rating, ten have given a hold rating and three have given a buy rating to the stock. The stock has an average rating of Hold and a consensus price target of $66.33.

LifePoint Health (LPNT) opened at 55.00 on Thursday. LifePoint Health has a 12 month low of $50.60 and a 12 month high of $70.95. The company has a market cap of $2.21 billion, a PE ratio of 12.32 and a beta of 0.84. The company has a 50 day moving average price of $56.57 and a 200-day moving average price of $61.04.

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 analysts’ consensus estimates of $0.90 by $0.06. The business had revenue of $1.59 billion for the quarter, compared to analysts’ expectations of $1.64 billion. LifePoint Health had a return on equity of 7.40% and a net margin of 2.61%. The firm’s quarterly revenue was up .2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.69 EPS. Equities analysts predict that LifePoint Health will post $4.06 earnings per share for the current fiscal year.

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Institutional investors have recently made changes to their positions in the company. Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of LifePoint Health by 10.8% during 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 last quarter. LS Investment Advisors LLC increased its position in shares of LifePoint Health by 43.7% during the 2nd quarter. LS Investment Advisors LLC now owns 1,785 shares of the company’s stock valued at $120,000 after purchasing an additional 543 shares during the last quarter. US Bancorp DE increased its position in shares of LifePoint Health by 1.6% during the 1st quarter. US Bancorp DE now owns 1,931 shares of the company’s stock valued at $127,000 after purchasing an additional 30 shares during the last quarter. Shelton Capital Management bought a new position in shares of LifePoint Health during the 2nd quarter valued at about $205,000. Finally, Teacher Retirement System of Texas bought a new position in shares of LifePoint Health during the 1st quarter valued at about $210,000. Hedge funds and other institutional investors own 99.53% of the company’s stock.

About LifePoint Health

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.

Analyst Recommendations for LifePoint Health (NASDAQ:LPNT)

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