Vident Investment Advisory LLC increased its holdings in shares of LifePoint Health Inc (NASDAQ:LPNT) by 1.5% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 71,282 shares of the company’s stock after purchasing an additional 1,068 shares during the period. Vident Investment Advisory LLC owned 0.18% of LifePoint Health worth $3,479,000 as of its most recent filing with the SEC.

A number of other institutional investors have also bought and sold shares of LPNT. Cubist Systematic Strategies LLC boosted its position in LifePoint Health by 116.6% during the second quarter. Cubist Systematic Strategies LLC now owns 33,099 shares of the company’s stock valued at $1,615,000 after acquiring an additional 17,817 shares during the last quarter. Voya Investment Management LLC boosted its position in LifePoint Health by 28.0% during the second quarter. Voya Investment Management LLC now owns 13,036 shares of the company’s stock valued at $636,000 after acquiring an additional 2,848 shares during the last quarter. Dynamic Technology Lab Private Ltd acquired a new position in shares of LifePoint Health during the second quarter valued at about $219,000. Alambic Investment Management L.P. raised its holdings in shares of LifePoint Health by 744.8% during the second quarter. Alambic Investment Management L.P. now owns 43,085 shares of the company’s stock valued at $2,103,000 after purchasing an additional 37,985 shares during the period. Finally, AMP Capital Investors Ltd raised its holdings in shares of LifePoint Health by 48.4% during the second quarter. AMP Capital Investors Ltd now owns 13,800 shares of the company’s stock valued at $674,000 after purchasing an additional 4,500 shares during the period.

Several equities analysts have recently weighed in on the stock. Mizuho set a $65.00 price objective on shares of LifePoint Health and gave the company a “hold” rating in a report on Monday, July 23rd. Royal Bank of Canada lowered shares of LifePoint Health from an “outperform” rating to a “sector perform” rating and set a $65.00 price objective on the stock. in a report on Tuesday, July 24th. Robert W. Baird lowered shares of LifePoint Health from an “outperform” rating to a “neutral” rating and set a $74.00 price objective on the stock. in a report on Tuesday, July 24th. BMO Capital Markets upped their target price on shares of LifePoint Health from $62.00 to $65.00 and gave the stock a “market perform” rating in a report on Tuesday, July 24th. Finally, ValuEngine upgraded shares of LifePoint Health from a “sell” rating to a “hold” rating in a report on Tuesday, July 24th. Three investment analysts have rated the stock with a sell rating, fourteen have given a hold rating and two have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $58.21.

Shares of LifePoint Health stock traded down $0.02 on Friday, reaching $64.39. 314,701 shares of the company traded hands, compared to its average volume of 630,628. LifePoint Health Inc has a 52 week low of $41.45 and a 52 week high of $65.35. The company has a market capitalization of $2.49 billion, a P/E ratio of 17.74, a P/E/G ratio of 1.62 and a beta of 0.64. The company has a quick ratio of 1.63, a current ratio of 1.85 and a debt-to-equity ratio of 1.27.

LifePoint Health (NASDAQ:LPNT) last released its earnings results on Friday, July 27th. The company reported $1.27 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.08 by $0.19. LifePoint Health had a net margin of 0.65% and a return on equity of 7.04%. The firm had revenue of $1.57 billion during the quarter, compared to the consensus estimate of $1.58 billion. During the same period in the prior year, the firm earned $0.96 EPS. The company’s revenue was down 1.6% compared to the same quarter last year. Equities analysts expect that LifePoint Health Inc will post 4.63 EPS for the current fiscal year.

LifePoint Health Company Profile

LifePoint Health, Inc, through its subsidiaries, owns and operates community hospitals, regional health systems, physician practices, outpatient centers, and post-acute facilities in the United States. Its hospitals provide a range of medical and surgical services, such as general surgery, internal medicine, obstetrics, emergency room care, radiology, oncology, diagnostic care, coronary care, rehabilitation, and pediatric, as well as specialized services, including open-heart surgery, skilled nursing, psychiatric care, and neuro-surgery.

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

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