LHC Group (LHCG) Receiving Somewhat Positive Press Coverage, Report Finds

Media stories about LHC Group (NASDAQ:LHCG) have trended somewhat positive this week, Alpha One Sentiment reports. Alpha One, a division of Accern, ranks the sentiment of media coverage by reviewing more than twenty million blog and news sources in real-time. Alpha One ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. LHC Group earned a coverage optimism score of 0.25 on Alpha One’s scale. Alpha One also gave media headlines about the health services provider an impact score of 89 out of 100, meaning that recent media coverage is very likely to have an impact on the company’s share price in the near future.

These are some of the news stories that may have effected Alpha One Sentiment’s analysis:

Insider Buying and Selling by Quarter for LHC Group (NASDAQ:LHCG)

Shares of LHC Group (NASDAQ:LHCG) traded up 0.12% on Tuesday, hitting $66.45. The stock had a trading volume of 23,701 shares. The company’s 50 day moving average is $61.42 and its 200 day moving average is $51.83. LHC Group has a one year low of $32.04 and a one year high of $66.57. The stock has a market cap of $1.21 billion, a PE ratio of 30.76 and a beta of 0.79.

Several research firms have commented on LHCG. Royal Bank Of Canada restated a “buy” rating and set a $69.00 price objective on shares of LHC Group in a report on Friday, May 5th. Benchmark Co. lifted their price objective on LHC Group from $63.00 to $72.00 and gave the company a “buy” rating in a research note on Thursday, June 8th. Zacks Investment Research upgraded LHC Group from a “hold” rating to a “buy” rating and set a $59.00 price target for the company in a research note on Wednesday, April 19th. Jefferies Group LLC restated a “buy” rating and issued a $65.00 price target (up previously from $56.00) on shares of LHC Group in a research note on Friday, May 5th. Finally, Stephens set a $69.00 price target on LHC Group and gave the company a “buy” rating in a research note on Saturday, May 6th. Eight analysts have rated the stock with a buy rating, The stock currently has a consensus rating of “Buy” and an average target price of $64.38.

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In other LHC Group news, COO Donald Dwayne Stelly sold 3,181 shares of the business’s stock in a transaction that occurred on Thursday, June 8th. The shares were sold at an average price of $64.97, for a total value of $206,669.57. Following the completion of the sale, the chief operating officer now directly owns 114,235 shares of the company’s stock, valued at $7,421,847.95. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Coliseum Capital Management, L sold 8,632 shares of the business’s stock in a transaction that occurred on Friday, May 19th. The stock was sold at an average price of $60.25, for a total transaction of $520,078.00. The disclosure for this sale can be found here. In the last quarter, insiders sold 682,839 shares of company stock worth $42,140,531. Company insiders own 18.30% of the company’s stock.

LHC Group Company Profile

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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