Jacobs Engineering (LH) Shareholder Hahn Capital Management LLC Upped Stake by $8.71 Billion as Shares Rose

Laboratory Corporation of America Holdings (NYSE:LH) LogoInvestors sentiment increased to 1.06 in Q1 2019. Its up 0.25, from 0.81 in 2018Q4. It is positive, as 58 investors sold LH shares while 204 reduced holdings. 73 funds opened positions while 204 raised stakes. 87.65 million shares or 0.73% less from 88.30 million shares in 2018Q4 were reported. Madison Holdg reported 306,904 shares. California-based California Public Employees Retirement Systems has invested 0.12% in Laboratory Corporation of America Holdings (NYSE:LH). Valley National Advisers reported 8 shares. Cibc World, a Ontario – Canada-based fund reported 17,375 shares. Stone Ridge Asset Management Limited Liability Co invested in 0.01% or 1,700 shares. Royal London Asset Mgmt Limited reported 39,546 shares. Bailard Incorporated has 1,608 shares. Mutual Of America Cap Mgmt Limited Company holds 13,121 shares. Paradigm Asset Mgmt Co Llc accumulated 1,100 shares. Citigroup owns 117,338 shares. Bokf Na reported 1,661 shares. Pnc Svcs Group owns 37,489 shares or 0.01% of their US portfolio. Legal & General Public Limited owns 783,898 shares. Kcm Investment Advisors Ltd Liability reported 0.15% stake. 1,546 are owned by Howe & Rusling.

Hahn Capital Management Llc increased its stake in Jacobs Engineering (LH) by 39.9% based on its latest 2019Q1 regulatory filing with the SEC. Hahn Capital Management Llc bought 56,939 shares as the company’s stock rose 3.95% . The institutional investor held 199,639 shares of the medical specialities company at the end of 2019Q1, valued at $30.54B, up from 142,700 at the end of the previous reported quarter. Hahn Capital Management Llc who had been investing in Jacobs Engineering for a number of months, seems to be bullish on the $15.99B market cap company. The stock decreased 1.55% or $2.57 during the last trading session, reaching $163.63. About 455,521 shares traded. Laboratory Corporation of America Holdings (NYSE:LH) has declined 2.94% since August 14, 2018 and is downtrending. It has underperformed by 2.94% the S&P500.

Hahn Capital Management Llc, which manages about $805.44 billion US Long portfolio, decreased its stake in Euronet Worldwide (NYSE:FNF) by 3,900 shares to 442,129 shares, valued at $16.16B in 2019Q1, according to the filing. It also reduced its holding in Jeld (NYSE:KEYS) by 100,038 shares in the quarter, leaving it with 488,974 shares, and cut its stake in Equinix Inc. (NASDAQ:EEFT).

More notable recent Laboratory Corporation of America Holdings (NYSE:LH) news were published by: Benzinga.com which released: “Benzinga’s Top Upgrades, Downgrades For July 16, 2019 – Benzinga” on July 16, 2019, also Finance.Yahoo.com with their article: “If You Had Bought Laboratory of America Holdings (NYSE:LH) Shares Five Years Ago You’d Have Made 62% – Yahoo Finance” published on June 05, 2019, Finance.Yahoo.com published: “Why Laboratory Corporation of America Holdings’s (NYSE:LH) CEO Pay Matters To You – Yahoo Finance” on July 04, 2019. More interesting news about Laboratory Corporation of America Holdings (NYSE:LH) were released by: Businesswire.com and their article: “LabCorp Expands Consumer-Initiated Test Offering – Business Wire” published on July 22, 2019 as well as Seekingalpha.com‘s news article titled: “Laboratory Corporation of America EPS beats by $0.01, misses on revenue – Seeking Alpha” with publication date: July 25, 2019.

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

Among 8 analysts covering Laboratory Corp (NYSE:LH), 6 have Buy rating, 0 Sell and 2 Hold. Therefore 75% are positive. Laboratory Corp had 16 analyst reports since February 22, 2019 according to SRatingsIntel. The rating was maintained by Citigroup on Wednesday, May 1 with “Neutral”. The company was upgraded on Friday, June 21 by Deutsche Bank. The firm earned “Hold” rating on Thursday, May 2 by Canaccord Genuity. Morgan Stanley maintained Laboratory Corporation of America Holdings (NYSE:LH) on Friday, February 22 with “Buy” rating. UBS maintained Laboratory Corporation of America Holdings (NYSE:LH) rating on Wednesday, May 1. UBS has “Buy” rating and $19500 target. The firm has “Buy” rating by KeyBanc Capital Markets given on Friday, March 15. The rating was maintained by KeyBanc Capital Markets with “Overweight” on Thursday, August 8. Credit Suisse maintained Laboratory Corporation of America Holdings (NYSE:LH) rating on Wednesday, February 27. Credit Suisse has “Outperform” rating and $164 target. The rating was maintained by Morgan Stanley on Friday, July 26 with “Overweight”. Barclays Capital maintained the shares of LH in report on Monday, March 18 with “Buy” rating.

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

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