Chicago Equity Partners LLC reduced its position in shares of LHC Group, Inc. (NASDAQ:LHCG) by 62.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 10,165 shares of the health services provider’s stock after selling 17,150 shares during the period. Chicago Equity Partners LLC’s holdings in LHC Group were worth $623,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its position in shares of LHC Group by 2.2% during the second quarter. Vanguard Group Inc. now owns 1,464,057 shares of the health services provider’s stock valued at $99,395,000 after purchasing an additional 32,049 shares in the last quarter. Ameriprise Financial Inc. lifted its position in shares of LHC Group by 6.5% during the third quarter. Ameriprise Financial Inc. now owns 616,829 shares of the health services provider’s stock valued at $43,747,000 after purchasing an additional 37,873 shares in the last quarter. Rothschild Asset Management Inc. lifted its position in shares of LHC Group by 5.0% during the third quarter. Rothschild Asset Management Inc. now owns 575,153 shares of the health services provider’s stock valued at $40,790,000 after purchasing an additional 27,613 shares in the last quarter. State Street Corp lifted its position in shares of LHC Group by 7.5% during the second quarter. State Street Corp now owns 420,839 shares of the health services provider’s stock valued at $28,568,000 after purchasing an additional 29,464 shares in the last quarter. Finally, Northern Trust Corp lifted its position in shares of LHC Group by 15.6% during the second quarter. Northern Trust Corp now owns 362,487 shares of the health services provider’s stock valued at $24,610,000 after purchasing an additional 48,849 shares in the last quarter. 85.74% of the stock is currently owned by institutional investors.

LHCG has been the topic of a number of recent analyst reports. Royal Bank of Canada raised their price target on shares of LHC Group from $70.00 to $81.00 and gave the company an “outperform” rating in a research report on Tuesday, November 7th. ValuEngine lowered shares of LHC Group from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. Robert W. Baird reaffirmed a “hold” rating and issued a $69.00 price objective on shares of LHC Group in a research report on Friday, November 10th. Zacks Investment Research raised shares of LHC Group from a “hold” rating to a “buy” rating and set a $79.00 price objective on the stock in a research report on Wednesday, November 8th. Finally, Oppenheimer lifted their price objective on shares of LHC Group from $80.00 to $85.00 and gave the stock an “outperform” rating in a research report on Friday, November 17th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and nine have given a buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $77.10.

Shares of LHC Group, Inc. (NASDAQ:LHCG) opened at $63.56 on Friday. The company has a market cap of $1,160.00, a PE ratio of 27.40, a price-to-earnings-growth ratio of 1.67 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, Inc. has a 12-month low of $46.18 and a 12-month high of $76.14.

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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.

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

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