Analysts See $0.73 EPS for Encore Wire (WIRE); Steinberg Asset Management Has Lowered Laboratory Amer Hldgs (LH) Position By $830,573

Laboratory Corporation of America Holdings (NYSE:LH) Logo

Steinberg Asset Management Llc decreased Laboratory Corp Amer Hldgs (LH) stake by 19.32% reported in 2018Q3 SEC filing. Steinberg Asset Management Llc sold 4,801 shares as Laboratory Corp Amer Hldgs (LH)’s stock declined 17.37%. The Steinberg Asset Management Llc holds 20,050 shares with $3.48 million value, down from 24,851 last quarter. Laboratory Corp Amer Hldgs now has $14.56 billion valuation. The stock decreased 0.37% or $0.54 during the last trading session, reaching $144.29. About 743,897 shares traded. Laboratory Corporation of America Holdings (NYSE:LH) has declined 10.12% since February 12, 2018 and is downtrending. It has underperformed by 10.12% the S&P500. Some Historical LH News: 26/04/2018 – Airware Labs Announces Name Change to ltem 9 Labs Corp. and New Ticker Symbol “INLB”; 30/04/2018 – LabCorp: Deal With Eurofins Is All-Cash Transaction; 01/05/2018 – Laboratory Corporation Coverage Assumed by Baird at Outperform vs Previous Rating of Neutral; 01/05/2018 – Moody’s: Labcorp’s Divestiture Of Food Solutions Business Is Credit Positive; 30/04/2018 – LabCorp: Transaction With Europe’s Eurofins Is Expected to Close in the Third Quarter of 2018; 21/04/2018 – DJ Nano Labs Corp, Inst Holders, 1Q 2018 (CTLE); 20/03/2018 – INTERPACE DIAGNOSTICS – AGREEMENT WITH LABCORP TO FURTHER EXPAND CO’S NETWORK OF CYTOLOGY PROVIDERS IN SUPPORT OF ITS THYROID MOLECULAR BUSINESS UNIT; 03/05/2018 – LabCorp to Webcast Its Annual Meeting of Shareholders; 24/04/2018 – LabCorp and Mount Sinai Health System Enhance Laboratory Operations to Improve Patient Care; 05/03/2018 LabCorp Partners with Cheeriodicals through Community Service Campaign to Florida Hospital Memorial Medical Center and Halifax

Analysts expect Encore Wire Corporation (NASDAQ:WIRE) to report $0.73 EPS on February, 19.They anticipate $0.03 EPS change or 3.95% from last quarter’s $0.76 EPS. WIRE’s profit would be $15.24 million giving it 18.26 P/E if the $0.73 EPS is correct. After having $1.13 EPS previously, Encore Wire Corporation’s analysts see -35.40% EPS growth. The stock increased 0.26% or $0.14 during the last trading session, reaching $53.33. About 48,899 shares traded. Encore Wire Corporation (NASDAQ:WIRE) has declined 1.58% since February 12, 2018 and is downtrending. It has underperformed by 1.58% the S&P500. Some Historical WIRE News: 09/04/2018 – ASGN’S ECS GETS $17.5B ENCORE III IDIQ CONTRACT VEHICLE BY DISA; 09/04/2018 – ECS Awarded $17.5 Billion ENCORE lll IDIQ Contract Vehicle by DISA; 26/04/2018 – Encore Wire Corporation Earnings Release and Conference Call Announcement; 28/03/2018 – FDA: Encore Medical, Lp- Altivate Anatomic(TM) INSTRUMENTATION, PEGGED GLENOID TRIAL, SIZE 50mm, REF 804-07-500 Product Us; 05/03/2018 SYNDAX PHARMACEUTICALS – PHASE 2 ENCORE 601 PD-(L)1 REFRACTORY MELANOMA COHORT DATA AND MELANOMA REGISTRATION STRATEGY DISCLOSURE FORTHCOMING IN 2Q18; 27/04/2018 – WYNN CEO MATT MADDOX PROPOSES CALLING CASINO ‘ENCORE BOSTON HARBOR’; 20/03/2018 – enCore Energy Completes Acquisition of Metamin US; 19/03/2018 – ENDOLOGIX REPORTS POSITIVE RESULTS FROM GLOBAL ENCORE ANALYSIS; 09/04/2018 – ECS GETS $17.5B ENCORE III IDIQ CONTRACT VEHICLE BY DISA; 15/03/2018 – MANTECH SELECTED FOR DISA ENCORE III AWARD

Among 12 analysts covering Laboratory Corp (NYSE:LH), 7 have Buy rating, 1 Sell and 4 Hold. Therefore 58% are positive. Laboratory Corp had 15 analyst reports since August 20, 2018 according to SRatingsIntel. The stock of Laboratory Corporation of America Holdings (NYSE:LH) earned “Buy” rating by Goldman Sachs on Friday, November 30. The company was maintained on Thursday, October 25 by Robert W. Baird. The firm has “Underperform” rating by Bank of America given on Thursday, January 3. The company was maintained on Monday, August 20 by Deutsche Bank. The stock of Laboratory Corporation of America Holdings (NYSE:LH) has “Overweight” rating given on Monday, September 10 by Morgan Stanley. Credit Suisse maintained Laboratory Corporation of America Holdings (NYSE:LH) rating on Tuesday, September 4. Credit Suisse has “Outperform” rating and $195 target. Citigroup maintained Laboratory Corporation of America Holdings (NYSE:LH) on Monday, December 3 with “Neutral” rating. The rating was maintained by KeyBanc Capital Markets with “Overweight” on Thursday, December 6. The company was maintained on Monday, December 3 by Morgan Stanley. As per Monday, December 3, the company rating was maintained by Barclays Capital.

Since November 5, 2018, it had 0 insider purchases, and 2 insider sales for $660,911 activity. 350 shares were sold by Williams R Sanders, worth $56,749 on Tuesday, November 27. ANDERSON KERRII B also sold $604,162 worth of Laboratory Corporation of America Holdings (NYSE:LH) shares.

More notable recent Laboratory Corporation of America Holdings (NYSE:LH) news were published by: Streetinsider.com which released: “Lab Corp. (LH) Tops Q4 EPS by 3c, Revenues Miss; Offers FY19 EPS Guidance – StreetInsider.com” on February 07, 2019, also Seekingalpha.com with their article: “Goldman bullish on Insmed in premarket analyst action – Seeking Alpha” published on January 17, 2019, Globenewswire.com published: “New Research: Key Drivers of Growth for MGM Resorts International, Transocean, Wabco, Laboratory Corporation of America, Natural Health Trends, and GSV Capital — Factors of Influence, Major Initiatives and Sustained Production – GlobeNewswire” on February 04, 2019. More interesting news about Laboratory Corporation of America Holdings (NYSE:LH) were released by: Businesswire.com and their article: “LabCorp to Announce Fourth Quarter and Full Year 2018 Financial Results on February 7, 2019 – Business Wire” published on January 16, 2019 as well as Businesswire.com‘s news article titled: “LabCorp Named to FORTUNE Magazine’s 2019 List of ‘World’s Most Admired Companies,’ Making the Annual List for the Second Consecutive Year – Business Wire” with publication date: January 22, 2019.

Investors sentiment decreased to 0.97 in Q3 2018. Its down 0.01, from 0.98 in 2018Q2. It is negative, as 41 investors sold LH shares while 246 reduced holdings. 82 funds opened positions while 197 raised stakes. 89.08 million shares or 11.04% less from 100.13 million shares in 2018Q2 were reported. Elm Limited Company owns 300 shares for 0.03% of their portfolio. Jnba Finance has 55 shares. Patten Gp holds 0.12% of its portfolio in Laboratory Corporation of America Holdings (NYSE:LH) for 1,773 shares. Leuthold Group Limited reported 42,048 shares or 0.8% of all its holdings. Silvercrest Asset Management Grp Limited Liability Company has invested 0.69% in Laboratory Corporation of America Holdings (NYSE:LH). Waddell And Reed Fincl holds 0.28% of its portfolio in Laboratory Corporation of America Holdings (NYSE:LH) for 732,151 shares. Livforsakringsbolaget Skandia Omsesidigt reported 0.02% in Laboratory Corporation of America Holdings (NYSE:LH). Boston Advisors Lc holds 0.18% in Laboratory Corporation of America Holdings (NYSE:LH) or 24,377 shares. Tci Wealth Advisors Inc accumulated 0% or 20 shares. Douglass Winthrop Advisors Llc reported 0.04% of its portfolio in Laboratory Corporation of America Holdings (NYSE:LH). Swiss Bancshares reported 0.08% of its portfolio in Laboratory Corporation of America Holdings (NYSE:LH). South Dakota Investment Council holds 8,400 shares or 0.03% of its portfolio. Whittier Of Nevada invested in 0% or 25 shares. University Of Notre Dame Du Lac reported 15,389 shares. Checchi Cap Advisers Limited Co holds 1,203 shares.

Investors sentiment decreased to 1.51 in Q3 2018. Its down 0.30, from 1.81 in 2018Q2. It turned negative, as 8 investors sold Encore Wire Corporation shares while 39 reduced holdings. 21 funds opened positions while 50 raised stakes. 18.01 million shares or 0.92% less from 18.18 million shares in 2018Q2 were reported. Gsa Capital Partners Limited Liability Partnership, a United Kingdom-based fund reported 25,876 shares. State Of Alaska Department Of Revenue stated it has 6,876 shares. The New York-based Stone Ridge Asset Management Ltd Liability Company has invested 0.02% in Encore Wire Corporation (NASDAQ:WIRE). 22,753 were reported by First Dallas Secs. Jpmorgan Chase Company invested 0% in Encore Wire Corporation (NASDAQ:WIRE). Jacobs Levy Equity Mgmt holds 0% in Encore Wire Corporation (NASDAQ:WIRE) or 6,200 shares. Tiaa Cref Inv Mngmt Ltd Com invested in 95,359 shares or 0% of the stock. Commonwealth Of Pennsylvania Public School Empls Retrmt System owns 4,977 shares for 0% of their portfolio. Parametric Assocs Ltd Liability reported 44,752 shares stake. Wells Fargo And Co Mn owns 129,583 shares. Parkside Bancshares & holds 20 shares. Hotchkis And Wiley Capital Mgmt Ltd Llc holds 0.01% or 73,983 shares in its portfolio. Granite Invest Prns Limited Liability Co, California-based fund reported 347,865 shares. Utd Svcs Automobile Association has invested 0.01% in Encore Wire Corporation (NASDAQ:WIRE). Voya Investment Mgmt Limited Liability owns 8,106 shares for 0% of their portfolio.

Encore Wire Corporation manufactures and sells electrical building wire and cable products for interior electrical wiring in the United States. The company has market cap of $1.11 billion. The company??s products include NM-B cable, a non-metallic sheathed cable for use as interior wiring in homes, apartments, and manufactured housing; UF-B cable, an underground feeder cable for conduct power underground to outside lighting and other applications remote from buildings; and SE Style cable, a service entrance cable. It has a 13.68 P/E ratio. It also offers THHN/THWN-2 and XHHW-2 cables for use as branch circuit, feeder, and service entrance conductors in commercial and industrial buildings and structures; USE-2 cables for use in aboveground or underground applications in listed raceways for branch circuit, feeder, and service entrance conductors; and tray cables for use as branch circuit or feeders for power, lighting, control, and signal circuits for direct installations in raceways and outdoor locations.

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

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