Laboratory Corp Amer Hldgs (LH) Shareholder First National Bank Of Omaha Increased Position by $4.36 Million as Market Value Declined

September 14, 2018 - By Catherine Diaz

Laboratory Corporation of America Holdings (NYSE:LH) LogoInvestors sentiment decreased to 0.98 in 2018 Q2. Its down 0.10, from 1.08 in 2018Q1. It dived, as 37 investors sold LH shares while 247 reduced holdings. 71 funds opened positions while 207 raised stakes. 100.13 million shares or 9.06% more from 91.81 million shares in 2018Q1 were reported. Allsquare Wealth Limited Co, New York-based fund reported 162 shares. Carroll Associates has 0.02% invested in Laboratory Corporation of America Holdings (NYSE:LH) for 1,250 shares. First Manhattan owns 0.02% invested in Laboratory Corporation of America Holdings (NYSE:LH) for 22,470 shares. Hanson And Doremus reported 95 shares. Peoples Fincl Svcs owns 0% invested in Laboratory Corporation of America Holdings (NYSE:LH) for 10 shares. Neuberger Berman Group Limited Liability holds 0% or 16,086 shares. Parametric Portfolio Assoc Ltd Liability Corp owns 314,353 shares. Synovus Corp reported 1,208 shares stake. Cubist Systematic Strategies Ltd Liability has 16,627 shares. Kistler holds 0.02% or 210 shares. Carderock Capital Management accumulated 28,931 shares. 1,997 were reported by Diversified Trust Communication. Comerica Securities holds 0.05% or 2,097 shares. Indexiq Advsr Limited Liability Co accumulated 0.22% or 39,895 shares. The Georgia-based Earnest Prtnrs Ltd Liability has invested 0.24% in Laboratory Corporation of America Holdings (NYSE:LH).

Since March 23, 2018, it had 0 insider purchases, and 9 selling transactions for $31.84 million activity. KING DAVID P also sold $8.23 million worth of Laboratory Corporation of America Holdings (NYSE:LH) shares. 4,500 shares were sold by Uthgenannt Lisa J, worth $819,451. EISENBERG GLENN A also sold $1.81 million worth of Laboratory Corporation of America Holdings (NYSE:LH) on Wednesday, May 30. $293,823 worth of Laboratory Corporation of America Holdings (NYSE:LH) shares were sold by Gary M. Huff. Gilliland Dwight Gary sold 1,263 shares worth $228,967. BERBERIAN LANCE sold $1.00M worth of stock or 5,500 shares.

First National Bank Of Omaha increased its stake in Laboratory Corp Amer Hldgs (LH) by 77.55% based on its latest 2018Q2 regulatory filing with the SEC. First National Bank Of Omaha bought 24,339 shares as the company’s stock declined 8.40% while stock markets rallied. The institutional investor held 55,722 shares of the medical specialities company at the end of 2018Q2, valued at $10.00 million, up from 31,383 at the end of the previous reported quarter. First National Bank Of Omaha who had been investing in Laboratory Corp Amer Hldgs for a number of months, seems to be bullish on the $17.62B market cap company. The stock increased 0.20% or $0.34 during the last trading session, reaching $172.87. About 276,560 shares traded. Laboratory Corporation of America Holdings (NYSE:LH) has risen 8.39% since September 14, 2017 and is uptrending. It has underperformed by 7.23% the S&P500.

More news for Laboratory Corporation of America Holdings (NYSE:LH) were recently published by: Seekingalpha.com, which released: “Canaccord bullish on medical diagnostic firms” on September 14, 2018. Nasdaq.com‘s article titled: “3 Top Healthcare Stocks to Buy in September” and published on September 12, 2018 is yet another important article.

Laboratory Corporation of America Holdings (NYSE:LH) Ratings Coverage

Among 7 analysts covering Laboratory Corp (NYSE:LH), 5 have Buy rating, 0 Sell and 2 Hold. Therefore 71% are positive. Laboratory Corp had 8 analyst reports since March 23, 2018 according to SRatingsIntel. The firm has “Outperform” rating given on Tuesday, September 4 by Credit Suisse. The rating was maintained by Deutsche Bank on Monday, August 20 with “Hold”. The rating was maintained by Morgan Stanley with “Overweight” on Monday, September 10. Deutsche Bank downgraded the stock to “Hold” rating in Wednesday, June 27 report. Robert W. Baird reinitiated Laboratory Corporation of America Holdings (NYSE:LH) on Tuesday, May 1 with “Outperform” rating. On Friday, May 25 the stock rating was maintained by Mizuho with “Hold”. The stock of Laboratory Corporation of America Holdings (NYSE:LH) earned “Buy” rating by KeyBanc Capital Markets on Thursday, June 7.

Laboratory Corporation of America Holdings (NYSE:LH) Institutional Positions Chart

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