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Sawgrass Asset Management Has Lifted Laboratory Amer Hldgs Com New (LH) Stake by $12.45 Million; As Discovery Communications (DISCK) Share Value Declined, Bislett Management Upped by $2.21 Million Its Stake

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Sawgrass Asset Management Llc increased its stake in Laboratory Amer Hldgs Com New (LH) by 34.81% based on its latest 2017Q4 regulatory filing with the SEC. Sawgrass Asset Management Llc bought 78,285 shares as the company’s stock rose 1.25% while stock markets declined. The institutional investor held 303,182 shares of the medical specialities company at the end of 2017Q4, valued at $48.36M, up from 224,897 at the end of the previous reported quarter. Sawgrass Asset Management Llc who had been investing in Laboratory Amer Hldgs Com New for a number of months, seems to be bullish on the $17.96B market cap company. The stock decreased 0.01% or $0.02 during the last trading session, reaching $175.55. About 237,071 shares traded. Laboratory Corporation of America Holdings (NYSE:LH) has risen 14.17% since May 24, 2017 and is uptrending. It has outperformed by 2.62% the S&P500.

Bislett Management Llc increased its stake in Discovery Communications Inc (DISCK) by 47.73% based on its latest 2017Q4 regulatory filing with the SEC. Bislett Management Llc bought 105,000 shares as the company’s stock declined 12.19% with the market. The institutional investor held 325,000 shares of the consumer services company at the end of 2017Q4, valued at $6.88 million, up from 220,000 at the end of the previous reported quarter. Bislett Management Llc who had been investing in Discovery Communications Inc for a number of months, seems to be bullish on the $16.54B market cap company. The stock decreased 0.19% or $0.04 during the last trading session, reaching $21.3. About 2.10M shares traded. Discovery, Inc. (NASDAQ:DISCK) has declined 27.22% since May 24, 2017 and is downtrending. It has underperformed by 38.77% the S&P500.

Investors sentiment increased to 1.2 in 2017 Q4. Its up 0.30, from 0.9 in 2017Q3. It improved, as 36 investors sold LH shares while 209 reduced holdings. 73 funds opened positions while 220 raised stakes. 91.47 million shares or 0.35% less from 91.79 million shares in 2017Q3 were reported. Principal Financial Gp Inc invested 0.04% of its portfolio in Laboratory Corporation of America Holdings (NYSE:LH). Highvista Strategies Llc reported 0.11% in Laboratory Corporation of America Holdings (NYSE:LH). Redmond Asset Limited Com owns 3,800 shares or 0.26% of their US portfolio. Boston Mgmt reported 1.79% of its portfolio in Laboratory Corporation of America Holdings (NYSE:LH). Moreover, Franklin has 0.04% invested in Laboratory Corporation of America Holdings (NYSE:LH). Signature Estate & Invest Advsrs Ltd invested in 0.07% or 4,395 shares. Cipher Capital Lp holds 0.22% or 17,613 shares. First Personal Fin Serv has 0.23% invested in Laboratory Corporation of America Holdings (NYSE:LH). 10,123 are held by Clearbridge Limited Liability Corp. Capital Advsrs Inc Ok holds 0.74% of its portfolio in Laboratory Corporation of America Holdings (NYSE:LH) for 78,763 shares. Toronto Dominion Bank & Trust accumulated 0.02% or 43,849 shares. Old Second Comml Bank Of Aurora accumulated 0.01% or 100 shares. 12,263 are owned by Dreman Value Mngmt L L C. Steinberg Asset Management Limited Liability has 2.42% invested in Laboratory Corporation of America Holdings (NYSE:LH). Jane Street Group Inc Limited Co invested in 1,979 shares or 0% of the stock.

Sawgrass Asset Management Llc, which manages about $3.30 billion and $2.18 billion US Long portfolio, decreased its stake in Abbvie Inc. Com (NYSE:ABBV) by 208,100 shares to 384,307 shares, valued at $37.17 million in 2017Q4, according to the filing. It also reduced its holding in Danaher Corp Com (NYSE:DHR) by 113,249 shares in the quarter, leaving it with 213,265 shares, and cut its stake in Thor Industries Inc (NYSE:THO).

Among 20 analysts covering Laboratory Corp (NYSE:LH), 14 have Buy rating, 0 Sell and 6 Hold. Therefore 70% are positive. Laboratory Corp had 65 analyst reports since July 29, 2015 according to SRatingsIntel. The stock has “Buy” rating by Canaccord Genuity on Tuesday, April 26. Craig Hallum maintained it with “Buy” rating and $17900 target in Thursday, July 27 report. Jefferies maintained the stock with “Hold” rating in Friday, November 24 report. As per Tuesday, April 26, the company rating was maintained by Barclays Capital. Jefferies maintained Laboratory Corporation of America Holdings (NYSE:LH) on Friday, June 9 with “Hold” rating. Piper Jaffray maintained the shares of LH in report on Monday, September 4 with “Buy” rating. The firm has “Neutral” rating by Goldman Sachs given on Tuesday, December 8. The stock of Laboratory Corporation of America Holdings (NYSE:LH) earned “Neutral” rating by UBS on Tuesday, April 26. Robert W. Baird maintained the shares of LH in report on Sunday, October 15 with “Hold” rating. The firm has “Buy” rating given on Wednesday, January 3 by Canaccord Genuity.

Since February 7, 2018, it had 0 insider purchases, and 5 selling transactions for $18.70 million activity. $1.41 million worth of Laboratory Corporation of America Holdings (NYSE:LH) was sold by EISENBERG GLENN A on Monday, February 12. Shares for $213,813 were sold by Schechter Adam H. ANDERSON KERRII B sold $548,124 worth of Laboratory Corporation of America Holdings (NYSE:LH) on Friday, February 9.

More news for Laboratory Corporation of America Holdings (NYSE:LH) were recently published by: Seekingalpha.com, which released: “Laboratory of America Holdings (LH) Q1 2018 Results – Earnings Call Transcript” on April 25, 2018. Benzinga.com‘s article titled: “Lab Stocks: Baird Favors Laboratory Corp., Says Quest Diagnostics Is The Simple Choice” and published on May 01, 2018 is yet another important article.

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