Assenagon Asset Management S.A. increased its stake in Lantheus Holdings, Inc. (NASDAQ:LNTH – Free Report) by 83.9% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 132,319 shares of the medical equipment provider’s stock after acquiring an additional 60,376 shares during the period. Assenagon Asset Management S.A.’s holdings in Lantheus were worth $10,036,000 as of its most recent SEC filing.
Several other institutional investors also recently bought and sold shares of LNTH. Smartleaf Asset Management LLC grew its position in Lantheus by 63.3% during the 4th quarter. Smartleaf Asset Management LLC now owns 508 shares of the medical equipment provider’s stock worth $34,000 after acquiring an additional 197 shares during the last quarter. Osterweis Capital Management Inc. bought a new stake in Lantheus in the second quarter valued at approximately $36,000. Parallel Advisors LLC lifted its position in Lantheus by 122.6% in the fourth quarter. Parallel Advisors LLC now owns 541 shares of the medical equipment provider’s stock valued at $36,000 after purchasing an additional 298 shares during the last quarter. Los Angeles Capital Management LLC purchased a new stake in shares of Lantheus during the fourth quarter valued at approximately $39,000. Finally, Farther Finance Advisors LLC boosted its stake in shares of Lantheus by 71.4% during the fourth quarter. Farther Finance Advisors LLC now owns 660 shares of the medical equipment provider’s stock valued at $44,000 after purchasing an additional 275 shares during the period. 99.06% of the stock is currently owned by hedge funds and other institutional investors.
Lantheus Price Performance
Shares of LNTH stock opened at $109.80 on Monday. The company has a debt-to-equity ratio of 0.47, a quick ratio of 2.64 and a current ratio of 2.83. Lantheus Holdings, Inc. has a fifty-two week low of $47.25 and a fifty-two week high of $111.46. The firm has a market cap of $7.15 billion, a P/E ratio of 26.46 and a beta of -0.03. The business’s 50 day moving average price is $95.88 and its 200-day moving average price is $80.00.
Wall Street Analyst Weigh In
Several research analysts recently commented on the stock. William Blair reaffirmed an “outperform” rating on shares of Lantheus in a research note on Tuesday, March 17th. Citigroup reissued an “outperform” rating on shares of Lantheus in a research report on Friday, May 8th. Truist Financial reissued a “buy” rating and issued a $115.00 price target (up from $98.00) on shares of Lantheus in a report on Monday, May 11th. Citizens Jmp boosted their price objective on shares of Lantheus from $85.00 to $115.00 and gave the company a “market outperform” rating in a research report on Friday, May 8th. Finally, Mizuho upped their price objective on shares of Lantheus from $100.00 to $115.00 and gave the company an “outperform” rating in a research note on Wednesday, May 27th. Eight analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $101.86.
View Our Latest Analysis on LNTH
Lantheus Company Profile
Lantheus Holdings, Inc is a global life sciences company specializing in the development, manufacturing and commercialization of diagnostic imaging agents and radiopharmaceuticals. Headquartered in North Billerica, Massachusetts, Lantheus focuses on products that enhance the detection and management of cardiovascular and oncologic diseases. The company’s portfolio spans ultrasound-enhancing agents, molecular imaging tracers for positron emission tomography (PET), and emerging theranostic platforms designed to pair diagnostic and therapeutic applications.
The diagnostic imaging segment includes ultrasound contrast agents such as DEFINITY® (perflutren lipid microsphere) and Sonazoid® (perflubutane), which improve the visualization of cardiac structures and blood flow.
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