Insider Selling: LHC Group COO Sells 1,725 Shares of Stock (LHCG)
LHC Group (NASDAQ:LHCG) COO Donald Dwayne Stelly sold 1,725 shares of LHC Group stock in a transaction that occurred on Monday, August 18th. The stock was sold at an average price of $25.62, for a total transaction of $44,194.50. Following the transaction, the chief operating officer now directly owns 95,227 shares in the company, valued at approximately $2,439,716. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
LHCG has been the subject of a number of recent research reports. Analysts at Credit Suisse reiterated an “underperform” rating on shares of LHC Group in a research note on Monday, August 11th. They now have a $22.00 price target on the stock, up previously from $20.00. Separately, analysts at Zacks upgraded shares of LHC Group from a “neutral” rating to an “outperform” rating in a research note on Monday, August 11th. They now have a $26.40 price target on the stock. Finally, analysts at Piper Jaffray raised their price target on shares of LHC Group from $25.00 to $28.00 in a research note on Monday, August 11th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the company. LHC Group has a consensus rating of “Hold” and an average price target of $24.88.
LHC Group (NASDAQ:LHCG) remained flat at $25.30 during trading on Wednesday. 133,211 shares of the company’s stock traded hands. LHC Group has a one year low of $19.69 and a one year high of $25.84. The stock’s 50-day moving average is $22. and its 200-day moving average is $22.02. The company has a market cap of $450.1 million and a P/E ratio of 21.44.
LHC Group (NASDAQ:LHCG) last released its earnings data on Wednesday, August 6th. The company reported $0.35 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.32 by $0.03. The company had revenue of $188.90 million for the quarter, compared to the consensus estimate of $179.90 million. During the same quarter last year, the company posted $0.34 earnings per share. LHC Group’s revenue was up 13.6% compared to the same quarter last year. Analysts expect that LHC Group will post $1.30 EPS for the current fiscal year.
LHC Group, Inc (NASDAQ:LHCG) provides post-acute health care services to patients through its home nursing agencies, hospices and long-term acute care hospitals (LTACHs).
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