added 32.64% to his holding of LifePoint Hospitals Inc. (
) at the average price of $44.21 on Feb. 14, 2013, as reported by
GuruFocus Real Time Picks. He now owns 3,186,280 shares, or 6.71%
of the company. The stock price has changed by -3%. LifePoint
Hospitals Inc., a Delaware corporation, acting through its
subsidiaries, operates general acute care hospitals primarily in
non-urban communities in the U.S.
Robbins began buying LifePoint Hospitals shares in the first
quarter of 2011 when the price was $37.32 per share on average.
Robbins' most recent reported purchase came the day before
LifePoint announced its fourth quarter earnings results. It
recorded a 14.3% year-over-year increase in revenue to $893.3
million, and net income of $37.5 million, slightly lower than
$38.3 million in the prior-year quarter, and near the top of its
The company's CEO, William F. Carpenter III, also announced that
the company is identifying new hospitals to purchase that will
further its strategy of developing regional integrated health
In the previous quarter, the company's revenue increased 11% year
over year, and net income declined to $19.3 million from $39.5
million. The weaker results were due to the company making
acquisitions and investments Carpenter described as "critical to
future growth," and operational changes.
LifePoint issued guidance for 2013 with estimated net revenue of
$3.65 to $3.75 billion and diluted EPS of $2.73 to $3.11.
LifePoint Hospitals Inc. has a market cap of $2.02 billion; its
shares were traded at around $42.98 with a P/E ratio of 13.7 and
P/S ratio of 0.4. LifePoint Hospitals Inc. had an annual average
earnings growth of 17.2% over the past 10 years. GuruFocus rated
LifePoint Hospitals Inc.
the business predictability rank of 4-star
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