Dimensional Fund Advisors LP lowered its holdings in LifePoint Health, Inc. (NASDAQ:LPNT) by 0.0% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 3,387,229 shares of the company’s stock after selling 1,601 shares during the quarter. Dimensional Fund Advisors LP owned 8.44% of LifePoint Health worth $227,453,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in LPNT. Bank of Montreal Can lifted its holdings in LifePoint Health by 18.7% in the first quarter. Bank of Montreal Can now owns 1,946 shares of the company’s stock valued at $128,000 after acquiring an additional 306 shares during the period. Wells Fargo & Company MN lifted its holdings in LifePoint Health by 22.6% in the first quarter. Wells Fargo & Company MN now owns 21,951 shares of the company’s stock valued at $1,438,000 after acquiring an additional 4,045 shares during the period. Great West Life Assurance Co. Can lifted its holdings in LifePoint Health by 2.9% in the first quarter. Great West Life Assurance Co. Can now owns 23,349 shares of the company’s stock valued at $1,528,000 after acquiring an additional 652 shares during the period. US Bancorp DE lifted its holdings in LifePoint Health by 1.6% in the first quarter. US Bancorp DE now owns 1,931 shares of the company’s stock valued at $127,000 after acquiring an additional 30 shares during the period. Finally, Comerica Bank lifted its holdings in LifePoint Health by 3.6% in the first quarter. Comerica Bank now owns 30,833 shares of the company’s stock valued at $1,873,000 after acquiring an additional 1,068 shares during the period. 99.53% of the stock is owned by institutional investors.

A number of research firms have commented on LPNT. Zacks Investment Research raised LifePoint Health from a “sell” rating to a “hold” rating in a report on Monday, September 11th. ValuEngine downgraded LifePoint Health from a “buy” rating to a “hold” rating in a report on Friday, September 1st. TheStreet downgraded LifePoint Health from a “b-” rating to a “c+” rating in a report on Wednesday, August 16th. BidaskClub downgraded LifePoint Health from a “hold” rating to a “sell” rating in a report on Tuesday, August 1st. Finally, Royal Bank Of Canada reissued a “buy” rating and issued a $77.00 target price on shares of LifePoint Health in a report on Wednesday, July 5th. Three investment analysts have rated the stock with a sell rating, ten have issued a hold rating and three have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $66.18.

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In other news, Chairman William F. Carpenter III sold 17,653 shares of the company’s stock in a transaction on Monday, July 17th. The stock was sold at an average price of $65.06, for a total value of $1,148,504.18. Following the completion of the sale, the chairman now owns 439,841 shares in the company, valued at $28,616,055.46. The sale was disclosed in a legal filing with the SEC, which is available at this link. Corporate insiders own 7.28% of the company’s stock.

LifePoint Health (NASDAQ:LPNT) last announced its quarterly earnings data on Tuesday, August 1st. The company reported $0.96 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.90 by $0.06. The business had revenue of $1.59 billion during the quarter, compared to analyst estimates of $1.64 billion. LifePoint Health had a return on equity of 7.40% and a net margin of 2.61%. The company’s revenue was up .2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.69 earnings per share.

About LifePoint Health

LifePoint Health, Inc, through its subsidiaries, owns and operates community hospitals, regional health systems, physician practices, outpatient centers and post-acute facilities. As of December 31, 2016, the Company operated 72 hospital campuses in 22 states, having a total of 9,424 licensed beds. It offers a range of general and specialized healthcare services to patients through a network of hospitals and outpatient facilities.

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Institutional Ownership by Quarter for LifePoint Health (NASDAQ:LPNT)

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