LHC Group, Inc. (LHCG) Reaches $81.41 52-Week High; Ivory Investment Management LP Has Cut Its Tesaro (TSRO) Holding

June 13, 2018 - By Ash

Tesaro, Inc. (NASDAQ:TSRO) Logo

The stock of LHC Group, Inc. (NASDAQ:LHCG) hit a new 52-week high and has $85.48 target or 5.00% above today’s $81.41 share price. The 7 months bullish chart indicates low risk for the $2.67 billion company. The 1-year high was reported on Jun, 13 by Barchart.com. If the $85.48 price target is reached, the company will be worth $133.65M more. The stock increased 1.27% or $1.02 during the last trading session, reaching $81.41. About 40,298 shares traded. LHC Group, Inc. (NASDAQ:LHCG) has risen 24.77% since June 13, 2017 and is uptrending. It has outperformed by 12.20% the S&P500. Some Historical LHCG News: ; 23/05/2018 – LHC Group’s First-Quarter CMS Star Ratings Continue to Outperform National Averages; 02/04/2018 – UPDATES 2018 GUIDANCE FOR COMBINED COMPANY; 04/04/2018 – LHC GROUP INC LHCG.O : CRAIG-HALLUM RAISES TARGET PRICE TO $80 FROM $70; 20/04/2018 – DJ LHC Group Inc, Inst Holders, 1Q 2018 (LHCG); 02/04/2018 – LHC GROUP INC – NET SERVICE REVENUE IS EXPECTED TO BE IN A RANGE OF $1.84 BLN TO $1.89 BLN IN 2018 FOR COMBINED CO; 02/05/2018 – LHC Group Sees 2018 Net Service Revenue $1.81 Billion to $1.86 Billion; 22/05/2018 – LHC Group: HHS Chief Technology Officer Bruce D. Greenstein to Join Co. as Chief Innovation & Technology Officer; 03/04/2018 – LHC Group Closes Above 200-Day Moving Average: Technicals; 02/04/2018 – LHC Group Announces Successful Completion And Effectiveness Of Merger With Almost Family; 15/05/2018 – LHC Group Presenting at Bank of America Conference Tomorrow

Ivory Investment Management Lp decreased Tesaro Inc (TSRO) stake by 82.26% reported in 2018Q1 SEC filing. Ivory Investment Management Lp sold 117,005 shares as Tesaro Inc (TSRO)’s stock declined 13.40%. The Ivory Investment Management Lp holds 25,235 shares with $1.44 million value, down from 142,240 last quarter. Tesaro Inc now has $2.36B valuation. The stock increased 1.20% or $0.51 during the last trading session, reaching $42.95. About 677,937 shares traded. Tesaro, Inc. (NASDAQ:TSRO) has declined 66.21% since June 13, 2017 and is downtrending. It has underperformed by 78.78% the S&P500. Some Historical TSRO News: ; 07/05/2018 – PROVECTUS BIOPHARMACEUTICALS COMPLETES ENROLLMENT OF PHASE 1B TRIAL OF PV-10 IN COMBINATION WITH KEYTRUDA® IN PATIENTS WITH METASTATIC MELANOMA; 18/05/2018 – FDA Warns of Decreased Survival in Keytruda, Tecentriq Trials; 21/05/2018 – Tesaro at American Society of Clinical Oncology Meeting Jun 3; 03/05/2018 – TESARO 1Q Rev $49.7M; 22/03/2018 – BerGenBio to Present Overview of Phase Il Clinical Trial Portfolio Combining Bemcentinib With KEYTRUDA at 3rd Annual Immuno-Oncology Summit Europe; 09/04/2018 – Keytruda is already approved to treat several forms of cancer, including advanced melanoma. The drug racked up $3.81 billion in revenue in 2017; 16/05/2018 – Dynavax to Present New Data for SD-101 in Combination with KEYTRUDA® (pembrolizumab) at the 2018 American Society for Clinical Oncology Annual Meeting; 03/05/2018 – TESARO 1Q LOSS/SHR $2.98, EST. LOSS/SHR $2.62; 15/04/2018 – ASTRAZENECA, MERCK & CO.: LYNPARZA MEDIAN SURVIVAL 19.3 MONTHS; 23/03/2018 – CHMP Grants Positive Opinion for Clovis Oncology’s Rubraca® (rucaparib) Tablets

More news for LHC Group, Inc. (NASDAQ:LHCG) were recently published by: Nasdaq.com, which released: “Detailed Research: Economic Perspectives on Dorchester Minerals, MEDIFAST INC, Sabra Healthcare REIT …” on May 30, 2018. Stockhouse.com‘s article titled: “LHC Group to Present at William Blair 38th Annual Growth Stock Conference” and published on June 12, 2018 is yet another important article.

Analysts await LHC Group, Inc. (NASDAQ:LHCG) to report earnings on August, 1. They expect $0.81 EPS, up 28.57% or $0.18 from last year’s $0.63 per share. LHCG’s profit will be $26.60M for 25.13 P/E if the $0.81 EPS becomes a reality. After $0.63 actual EPS reported by LHC Group, Inc. for the previous quarter, Wall Street now forecasts 28.57% EPS growth.

Investors sentiment decreased to 0.87 in Q1 2018. Its down 0.28, from 1.15 in 2017Q4. It dropped, as 28 investors sold LHC Group, Inc. shares while 62 reduced holdings. 30 funds opened positions while 48 raised stakes. 16.80 million shares or 7.21% more from 15.67 million shares in 2017Q4 were reported. Smith Asset Mgmt Grp Limited Partnership invested in 10,930 shares. California Employees Retirement Systems, California-based fund reported 49,086 shares. Dalton Greiner Hartman Maher And Company has 1.55% invested in LHC Group, Inc. (NASDAQ:LHCG). Tygh Cap Mgmt Inc has 62,711 shares for 0.73% of their portfolio. Ubs Asset Mngmt Americas reported 0% in LHC Group, Inc. (NASDAQ:LHCG). Sg Americas Ltd Liability Company reported 1,707 shares or 0% of all its holdings. National Bank & Trust Of America De accumulated 418,103 shares. California State Teachers Retirement System reported 23,979 shares stake. Moreover, Cornercap Invest Counsel Inc has 0.11% invested in LHC Group, Inc. (NASDAQ:LHCG) for 12,080 shares. Secor Capital Advsrs L P has invested 0.19% in LHC Group, Inc. (NASDAQ:LHCG). Hood River Mgmt Llc reported 0.34% stake. Product Lc stated it has 88,000 shares. Virginia Retirement Et Al invested in 12,400 shares. Renaissance Techs Ltd Llc accumulated 71,300 shares. Vident Investment Advisory Ltd Liability has invested 0.12% in LHC Group, Inc. (NASDAQ:LHCG).

LHC Group, Inc., a health care provider, specializes in the post-acute continuum of care primarily for Medicare beneficiaries in the United States. The company has market cap of $2.67 billion. The firm operates through four divisions: Home Health Services, Hospice Services, Community-Based Services, and Facility-Based Services. It has a 29.18 P/E ratio. The Home Health Services segment offers home nursing services, including wound care and dressing changes, cardiac rehabilitation, infusion therapy, pain management, pharmaceutical administration, skilled observation and assessment, and patient education; medically-oriented social services; and physical, occupational, and speech therapy services.

Since March 13, 2018, it had 0 insider buys, and 4 sales for $2.18 million activity. The insider Reibel Jeff sold 3,000 shares worth $217,050. $793,811 worth of stock was sold by Proffitt Joshua L. on Thursday, May 17. Stelly Donald Dwayne sold $263,766 worth of LHC Group, Inc. (NASDAQ:LHCG) on Monday, June 11.

Among 12 analysts covering LHC Group (NASDAQ:LHCG), 11 have Buy rating, 0 Sell and 1 Hold. Therefore 92% are positive. LHC Group had 33 analyst reports since August 7, 2015 according to SRatingsIntel. As per Sunday, October 15, the company rating was maintained by Robert W. Baird. RBC Capital Markets maintained LHC Group, Inc. (NASDAQ:LHCG) rating on Monday, July 17. RBC Capital Markets has “Buy” rating and $6900 target. Craig Hallum maintained it with “Buy” rating and $8000 target in Wednesday, April 4 report. The company was maintained on Monday, June 12 by RBC Capital Markets. The rating was maintained by Jefferies with “Buy” on Wednesday, September 20. RBC Capital Markets maintained the shares of LHCG in report on Tuesday, November 7 with “Buy” rating. RBC Capital Markets maintained LHC Group, Inc. (NASDAQ:LHCG) on Monday, October 9 with “Buy” rating. The stock has “Buy” rating by Craig Hallum on Tuesday, November 7. The firm has “Buy” rating by Jefferies given on Friday, February 5. The company was maintained on Tuesday, November 7 by Jefferies.

Since March 1, 2018, it had 9 insider purchases, and 7 sales for $61.19 million activity. Huber Martin H. Jr. had sold 1,803 shares worth $98,913 on Thursday, March 1. The insider PEARSON TIMOTHY R sold 2,575 shares worth $141,265. $6.68 million worth of Tesaro, Inc. (NASDAQ:TSRO) was bought by KERINS PATRICK J. The insider Oliveira Orlando sold 3,000 shares worth $209,640. 2,634 shares were sold by Farmer Joseph L, worth $144,501. Viswanathan Ravi bought $8.35M worth of stock. 145,532 Tesaro, Inc. (NASDAQ:TSRO) shares with value of $8.35M were bought by MOTT DAVID M.

Investors sentiment increased to 1.14 in 2018 Q1. Its up 0.13, from 1.01 in 2017Q4. It is positive, as 41 investors sold TSRO shares while 58 reduced holdings. 33 funds opened positions while 80 raised stakes. 60.57 million shares or 4.53% more from 57.95 million shares in 2017Q4 were reported. Jpmorgan Chase Company accumulated 92,528 shares or 0% of the stock. Oracle Invest Inc accumulated 844,718 shares or 11.69% of the stock. Geode Capital Mngmt Lc owns 348,051 shares. Gateway Inv Advisers Ltd holds 25,937 shares or 0.01% of its portfolio. Weiss Multi invested in 0.02% or 9,700 shares. Iguana Management accumulated 45,000 shares. Strs Ohio holds 477 shares. Royal Bank & Trust Of Canada holds 16,010 shares. Alps Advsrs invested in 72,938 shares or 0.03% of the stock. Moreover, Amundi Pioneer Asset Management Inc has 0% invested in Tesaro, Inc. (NASDAQ:TSRO). The Ohio-based Victory Capital Mngmt has invested 0% in Tesaro, Inc. (NASDAQ:TSRO). Parallax Volatility Advisers Ltd Partnership reported 0% of its portfolio in Tesaro, Inc. (NASDAQ:TSRO). Peak6 Investments LP has invested 0.01% in Tesaro, Inc. (NASDAQ:TSRO). Rmb Capital Management Ltd Llc holds 0.04% of its portfolio in Tesaro, Inc. (NASDAQ:TSRO) for 26,792 shares. Financial Bank Of America Corp De holds 0% in Tesaro, Inc. (NASDAQ:TSRO) or 231,450 shares.

More important recent Tesaro, Inc. (NASDAQ:TSRO) news were published by: Seekingalpha.com which released: “Reader Inquiry: Has Tesaro Finally Found A Bottom?” on May 23, 2018, also Seekingalpha.com published article titled: “Tesaro: Can Upcoming Catalyst Bring Fortune To This Unpopular Company?”, Investorplace.com published: “5 Top Stock Trades for Thursday Morning” on May 30, 2018. More interesting news about Tesaro, Inc. (NASDAQ:TSRO) was released by: Nasdaq.com and their article: “TESARO Summarizes TOPACIO and QUADRA Trial Results Presented at 2018 ASCO Annual Meeting” with publication date: June 04, 2018.

Ivory Investment Management Lp increased Dover Corp (NYSE:DOV) stake by 134,085 shares to 636,927 valued at $62.56 million in 2018Q1. It also upped Qualcomm Inc (NASDAQ:QCOM) stake by 513,580 shares and now owns 1.82 million shares. Time Warner Inc (NYSE:TWX) was raised too.

Among 25 analysts covering Tesaro Inc (NASDAQ:TSRO), 15 have Buy rating, 1 Sell and 9 Hold. Therefore 60% are positive. Tesaro Inc had 81 analyst reports since August 24, 2015 according to SRatingsIntel. On Friday, August 18 the stock rating was maintained by Credit Suisse with “Outperform”. As per Thursday, January 18, the company rating was maintained by Piper Jaffray. The company was downgraded on Thursday, February 16 by FBR Capital. On Monday, June 5 the stock rating was maintained by Cowen & Co with “Hold”. The stock of Tesaro, Inc. (NASDAQ:TSRO) earned “Outperform” rating by Credit Suisse on Wednesday, February 28. The company was maintained on Monday, October 10 by FBR Capital. As per Wednesday, June 29, the company rating was maintained by FBR Capital. The stock of Tesaro, Inc. (NASDAQ:TSRO) has “Outperform” rating given on Thursday, February 22 by Evercore. The firm has “Outperform” rating by FBR Capital given on Tuesday, December 27. Lake Street maintained it with “Buy” rating and $150 target in Monday, November 7 report.

Analysts await Tesaro, Inc. (NASDAQ:TSRO) to report earnings on August, 14. They expect $-2.66 earnings per share, up 5.67% or $0.16 from last year’s $-2.82 per share. After $-2.98 actual earnings per share reported by Tesaro, Inc. for the previous quarter, Wall Street now forecasts -10.74% EPS growth.

LHC Group, Inc. (NASDAQ:LHCG) Institutional Positions Chart

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