The President & CEO of Laboratory of America Holdings (LH), David King Sold 49,967 Shares; Southwestern Energy Co (SWN)’s Sentiment Is 1.05

Laboratory Corp Of America Holdings President & CEO David King on the March 27, 2018 sold a total of 49,967 shares of the North Carolina-based Laboratory Corp Of America Holdings with a total value of about $8,232,218 U.S. Dollars. This is exactly based on the average stock price value of $164.8 U.S. Dollars. Being a significant transaction, it will probably not go unseen. David King at present has in hand 0.22% of the company’s market cap with ownership of 228,592 shares. 

Southwestern Energy Company, an independent natural gas and oil company, engages in the exploration, development, and production of natural gas and oil in the United States. The company has market cap of $2.60 billion. It operates through two divisions, Exploration and Production, and Midstream Services. It has a 2.74 P/E ratio. The firm focuses on the Marcellus Shale, an unconventional natural gas reservoir covering approximately 245,805 net acres in Northeast Appalachia; Marcellus, Utica, and Upper Devonian Shales covering approximately 321,563 net acres in Southwest Appalachia; and the Fayetteville Shale, an unconventional gas reservoir covering approximately 918,535 net acres in Arkansas.

Laboratory Corporation of America Holdings operates as an independent clinical laboratory firm worldwide. The company has market cap of $16.79 billion. It operates through two divisions, LabCorp Diagnostics and Covance Drug Development. It has a 13.49 P/E ratio. The firm offers a range of clinical laboratory tests and procedures, such as blood chemistry analyses, urinalyses, blood cell counts, thyroid tests, Pap tests, hemoglobin A1C, PSA, tests for sexually-transmitted diseases, HCV tests, vitamin D, microbiology cultures and procedures, and alcohol and other substance-abuse tests that are used by hospitals, physicians and other healthcare providers and commercial clients to assist in the diagnosis, monitoring and treatment of diseases and medical conditions through the examination of substances in blood, tissues, and other specimens.

Analysts await Laboratory Corporation of America Holdings (NYSE:LH) to report earnings on April, 24. They expect $2.65 earnings per share, up 19.37% or $0.43 from last year’s $2.22 per share. LH’s profit will be $270.03M for 15.54 P/E if the $2.65 EPS becomes a reality. After $2.45 actual earnings per share reported by Laboratory Corporation of America Holdings for the previous quarter, Wall Street now forecasts 8.16% EPS growth.

Investors sentiment increased to 1.2 in Q3 2017. Its up 0.30, from 0.9 in 2017Q2. It improved, as 41 investors sold Laboratory Corporation of America Holdings shares while 239 reduced holdings. 70 funds opened positions while 181 raised stakes. 91.79 million shares or 1.82% less from 93.49 million shares in 2017Q2 were reported. Mason Street Advsrs Lc holds 14,132 shares or 0.05% of its portfolio. Banque Pictet & Cie Sa holds 0.01% or 1,620 shares. 76,792 are held by Burgundy Asset Mgmt Limited. Thompson Siegel And Walmsley Ltd Liability, a Virginia-based fund reported 523,204 shares. Counselors has invested 0.01% in Laboratory Corporation of America Holdings (NYSE:LH). Boyar Asset Mgmt Inc accumulated 0.37% or 3,326 shares. Glenview Capital Ltd Com reported 2.55% stake. Ariel Invests Ltd Limited Liability Company has invested 2.19% in Laboratory Corporation of America Holdings (NYSE:LH). Foster Dykema Cabot And Inc Ma owns 2,952 shares for 0.08% of their portfolio. First Allied Advisory Svcs reported 2,105 shares stake. Catawba Management Va stated it has 0.88% of its portfolio in Laboratory Corporation of America Holdings (NYSE:LH). Glenmede Tru Na reported 235,640 shares. 29,008 are held by Carderock Cap. Old Mutual Customised Solutions (Proprietary) Ltd accumulated 4,525 shares. Security Bank Of Sioux City Iowa Ia holds 2.1% of its portfolio in Laboratory Corporation of America Holdings (NYSE:LH) for 14,191 shares.

The stock increased 1.38% or $2.25 during the last trading session, reaching $164.74. About 570,209 shares traded. Laboratory Corporation of America Holdings (NYSE:LH) has risen 10.51% since March 27, 2017 and is uptrending. It has underperformed by 6.19% the S&P500.

Since October 30, 2017, it had 0 buys, and 4 sales for $2.32 million activity. On Wednesday, February 7 Schechter Adam H sold $213,813 worth of Laboratory Corporation of America Holdings (NYSE:LH) or 1,263 shares. Another trade for 971 shares valued at $149,068 was made by Gilliland Dwight Gary on Monday, October 30. ANDERSON KERRII B had sold 3,300 shares worth $548,124 on Friday, February 9. EISENBERG GLENN A sold 8,400 shares worth $1.41 million.

Among 20 analysts covering Laboratory Corp (NYSE:LH), 13 have Buy rating, 0 Sell and 7 Hold. Therefore 65% are positive. Laboratory Corp has $210 highest and $117 lowest target. $179.65’s average target is 9.05% above currents $164.74 stock price. Laboratory Corp had 64 analyst reports since July 29, 2015 according to SRatingsIntel. As per Thursday, October 12, the company rating was upgraded by Wells Fargo. The stock of Laboratory Corporation of America Holdings (NYSE:LH) earned “Buy” rating by Piper Jaffray on Monday, September 4. As per Monday, September 11, the company rating was maintained by Canaccord Genuity. Goldman Sachs downgraded the shares of LH in report on Tuesday, December 8 to “Neutral” rating. The firm earned “Outperform” rating on Thursday, March 8 by Credit Suisse. The rating was maintained by Jefferies on Friday, November 24 with “Hold”. The firm has “Hold” rating given on Wednesday, January 24 by Mizuho. On Wednesday, February 28 the stock rating was maintained by SunTrust with “Buy”. The firm earned “Hold” rating on Monday, December 11 by Credit Suisse. Barclays Capital maintained the shares of LH in report on Thursday, October 26 with “Overweight” rating.

Encompass Capital Advisors Llc holds 7.89% of its portfolio in Southwestern Energy Company for 7.94 million shares. Goldentree Asset Management Lp owns 2.06 million shares or 4.54% of their US portfolio. Moreover, Stelliam Investment Management Lp has 2.34% invested in the company for 12.58 million shares. The Bahamas-based Key Group Holdings (Cayman) Ltd. has invested 1.75% in the stock. Elm Ridge Management Llc, a New York-based fund reported 658,959 shares.