LHC Group Inc. (NASDAQ:LHCG) fell 6.5% on Thursday . The stock traded as low as $40.92 and last traded at $41.77, with a volume of 167,592 shares traded. The stock had previously closed at $44.66.

Several research firms have weighed in on LHCG. Robert W. Baird reiterated a “hold” rating on shares of LHC Group in a report on Friday, May 6th. Zacks Investment Research upgraded shares of LHC Group from a “sell” rating to a “hold” rating in a report on Tuesday, May 10th. Stephens began coverage on shares of LHC Group in a report on Friday, June 17th. They issued an “overweight” rating and a $55.00 target price on the stock. Finally, Oppenheimer Holdings Inc. reiterated a “buy” rating and issued a $50.00 target price on shares of LHC Group in a report on Tuesday, May 17th. Three analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of $48.29.

The firm’s 50-day moving average price is $44.03 and its 200-day moving average price is $39.69. The firm has a market capitalization of $734.12 million and a price-to-earnings ratio of 21.43.

LHC Group (NASDAQ:LHCG) last posted its earnings results on Wednesday, August 3rd. The company reported $0.52 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.52. The business had revenue of $226 million for the quarter, compared to the consensus estimate of $221.09 million. The company’s revenue was up 12.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.51 earnings per share. On average, analysts forecast that LHC Group Inc. will post $2.02 EPS for the current year.

In other news, Director Coliseum Capital Management, L sold 140,000 shares of the company’s stock in a transaction on Thursday, June 9th. The shares were sold at an average price of $43.64, for a total value of $6,109,600.00. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, EVP Joshua L. Proffitt sold 5,444 shares of the company’s stock in a transaction on Friday, June 10th. The shares were sold at an average price of $42.65, for a total transaction of $232,186.60. Following the completion of the sale, the executive vice president now directly owns 47,817 shares in the company, valued at $2,039,395.05. The disclosure for this sale can be found here.

Several large investors have recently bought and sold shares of the stock. Victory Capital Management Inc. raised its stake in LHC Group by 15.2% in the fourth quarter. Victory Capital Management Inc. now owns 38,016 shares of the company’s stock worth $1,721,000 after buying an additional 5,010 shares in the last quarter. Cornerstone Capital Management Holdings LLC. raised its stake in LHC Group by 64.2% in the fourth quarter. Cornerstone Capital Management Holdings LLC. now owns 84,258 shares of the company’s stock worth $3,816,000 after buying an additional 32,958 shares in the last quarter. Rhumbline Advisers raised its stake in LHC Group by 3.2% in the fourth quarter. Rhumbline Advisers now owns 22,217 shares of the company’s stock worth $1,006,000 after buying an additional 695 shares in the last quarter. Finally, California State Teachers Retirement System raised its stake in LHC Group by 1.3% in the fourth quarter. California State Teachers Retirement System now owns 24,059 shares of the company’s stock worth $1,090,000 after buying an additional 300 shares in the last quarter.

LHC Group, Inc is a holding company. The Company provides post-acute healthcare services to patients through its home nursing 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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