Published: Sat, January 27, 2018
Business | By Kate Woods

Laboratory Corp. of America (LH) Getting Somewhat Positive Media Coverage, Report Finds


The Fulton Bank holds 105,405 shares with $6.68M value, down from 112,414 last quarter. Westwood Management Corp who had been investing in Laboratory Corp Of America for a number of months, seems to be less bullish one the $17.79 billion market cap company. LH's SI was 2.77 million shares in January as released by FINRA.

Laboratory Corp. of America Holdings (NYSE:LH) opened at $176.41 on Friday. It has underperformed by 6.19% the S&P500. Strs Ohio now owns 14,085 shares of the medical research company's stock worth $2,246,000 after buying an additional 354 shares during the period. The institutional investor held 10.03M shares of the major banks company at the end of 2017Q3, valued at $51.35 million, down from 20.03M at the end of the previous reported quarter. The stock decreased 2.67% or $0.1685 during the last trading session, reaching $6.1315. Cubist Systematic Strategies LLC now owns 10,599 shares of the medical research company's stock valued at $1,600,000 after buying an additional 7,417 shares during the period. First Bancorp (NYSE:FBP) has risen 32.84% since January 24, 2017 and is uptrending. It has outperformed by 58.64% the S&P500.

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First Republic Investment Management Inc, which manages about $25.99B and $13.89 billion US Long portfolio, decreased its stake in Rpm Intl Inc (NYSE:RPM) by 100,876 shares to 837,086 shares, valued at $42.98 million in 2017Q3, according to the filing.

Investors sentiment increased to 1.31 in 2017 Q3. The company has a market capitalization of $17,910.00, a price-to-earnings ratio of 24.38, a P/E/G ratio of 1.68 and a beta of 0.87. 19 funds opened positions while 28 raised stakes. Catawba Management Va, Virginia-based fund reported 25,818 shares. State Of New Jersey Common Pension Fund D owns 1.15M shares or 0.26% of their U.S. portfolio. Canada Pension Plan Invest Board owns 238,788 shares. Royal Bankshares Of Canada holds 0% or 3,402 shares in its portfolio. (NASDAQ:NFLX) for 269,671 shares. Bancorporation Of Hawaii reported 7,493 shares. Gratry & Lc reported 0.5% in SINA Corporation (NASDAQ:SINA). (NASDAQ:NFLX). 49,289 are owned by Fil. Ing Groep Nv accumulated 11,049 shares. Baird reiterated a hold rating and issued a $166.00 target price on shares of Laboratory Corp. of America in a research note on Tuesday, October 17th. Hm Payson And accumulated 2,786 shares or 0.02% of the stock. The medical research company reported $2.46 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $2.38 by $0.08. 9,832 were reported by Columbia Partners L L C Invest. Goldman Sachs Group owns 150,584 shares for 0% of their portfolio. Speece Thorson Grp Inc Inc reported 86,432 shares stake. As per Monday, May 9, the company rating was upgraded by Argus Research. Its down 2.35% from 807,500 shares previously. The rating was downgraded by Credit Suisse to "Hold" on Monday, December 11. Numeric Ltd Liability Corp accumulated 89,500 shares. Peters Gregory K had sold 8,533 shares worth $1.92M. Zacks Investment Research upgraded Laboratory Corp. of America from a "sell" rating to a "hold" rating in a research report on Wednesday, January 10th. Therefore 53% are positive. Barclays reiterated a "buy" rating and issued a $195.00 price objective on shares of Laboratory Corp. of America in a report on Wednesday, December 13th. Stifel Nicolaus maintained the stock with "Hold" rating in Friday, December 22 report. The rating was maintained by Keefe Bruyette & Woods on Wednesday, October 4 with "Buy". The rating was maintained by Piper Jaffray with "Buy" on Monday, October 16. The firm has "Hold" rating by Robert W. Baird given on Wednesday, September 6. As per Thursday, October 26, the company rating was maintained by Craig Hallum. (NYSE:MO) has "Neutral" rating given on Friday, October 27 by UBS. The rating was downgraded by KeyBanc Capital Markets on Tuesday, June 27 to "Sector Weight". The firm earned "Neutral" rating on Thursday, September 15 by Mizuho.

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Since August 1, 2017, it had 0 insider purchases, and 7 selling transactions for $14.75 million activity. JLB & Associates Inc. boosted its position in shares of Laboratory Corp. of America by 21.4% in the fourth quarter. $951,672 worth of Laboratory Corporation of America Holdings (NYSE:LH) was sold by EISENBERG GLENN A on Tuesday, August 1. 44,687 shares were sold by KING DAVID P, worth $7.01 million. $149,068 worth of Laboratory Corporation of America Holdings (NYSE:LH) was sold by Gilliland Dwight Gary. 15,300 shares valued at $994,909 were sold by Barrington Martin J. on Thursday, August 10. Another trade for 3,100 shares valued at $486,338 was sold by Williams R Sanders.

Investors sentiment decreased to 0.9 in 2017 Q3. Its down 0.02, from 0.91 in 2017Q2. The legal version of this news story can be accessed at https://weekherald.com/2018/01/26/country-trust-bank-sells-2751-shares-of-laboratory-corp-of-america-holdings-lh.html. Tocqueville Asset Management L.P. raised its position in shares of Laboratory Corp. of America by 1,906.0% during the third quarter. Sumitomo Mitsui Tru holds 0.06% or 296,812 shares. Cornercap Invest Counsel Inc holds 0.58% of its portfolio in Laboratory Corporation of America Holdings (NYSE:LH) for 27,205 shares. Atwood Palmer owns 0.02% invested in Laboratory Corporation of America Holdings (NYSE:LH) for 1,000 shares. Bnp Paribas Asset Mgmt Sa reported 0.19% in Laboratory Corporation of America Holdings (NYSE:LH). Moreover, Veritas Investment Management Llp has 5.81% invested in the company for 284,698 shares. Jacobs Levy Equity Management holds 0.02% or 7,510 shares. Eqis Capital Management stated it has 11,534 shares or 0.1% of all its holdings.

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Laboratory Corporation of America Holdings is a life sciences company that is integrated in guiding patient care, providing clinical laboratory and end-to-end drug development services. Amica Retiree Medical, Rhode Island-based fund reported 608 shares. The stock of Laboratory Corporation of America Holdings (NYSE:LH) has "Overweight" rating given on Thursday, August 10 by Morgan Stanley. Ar Asset Mngmt accumulated 4,296 shares or 0.2% of the stock. New Jersey Better Educational Savings holds 0.51% or 4,000 shares. Old Mutual Customised Solutions (Proprietary) Limited, a South Africa-based fund reported 4,525 shares.

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