Laboratory Of America Holdings (LH) Holder Veritas Investment Management Llp Raised Holding by $2.82 Million as Share Price Declined; As Agnico (AEM) Shares Rose, Cheviot Value Management Boosted Stake by $462,120

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Cheviot Value Management Llc increased its stake in Agnico (AEM) by 6.85% based on its latest 2018Q4 regulatory filing with the SEC. Cheviot Value Management Llc bought 11,553 shares as the company’s stock rose 19.81% with the market. The institutional investor held 180,270 shares of the precious metals company at the end of 2018Q4, valued at $7.28 million, up from 168,717 at the end of the previous reported quarter. Cheviot Value Management Llc who had been investing in Agnico for a number of months, seems to be bullish on the $9.63B market cap company. The stock decreased 1.23% or $0.51 during the last trading session, reaching $41.02. About 288,772 shares traded. Agnico Eagle Mines Limited (NYSE:AEM) has risen 9.98% since May 14, 2018 and is uptrending. It has outperformed by 5.61% the S&P500. Some Historical AEM News: 26/04/2018 – AGNICO EAGLE MINES LTD – MONETIZING NON-CORE ASSETS, THAT INCLUDE COBALT MINING PROPERTIES IN COBALT SILVER DISTRICT IN ONTARIO; 26/04/2018 – AGNICO EAGLE MINES – EXPECTS STRATEGIC REVIEW MAY RESULT IN SALE OF ALL OR A PORTION OF ITS COBALT PROPERTIES; 12/03/2018 – AEM United States Ag Tractor and Combine Report February 2018; 26/04/2018 – AGNICO EAGLE MINES LTD – MONETIZING NON-CORE ASSETS, THAT INCLUDE WEST PEQUOP JV, SUMMIT AND PQX PROPERTIES IN NEVADA; 22/03/2018 – Pöyry awarded EPCM services assignment for expansion investment of Agnico Eagle Finland gold mine in Kittilä, Finland; 09/04/2018 – Rail-Veyor® Material Handling System is now hauling all Deep 1 production material at Agnico Eagle’s Goldex Mine; 22/03/2018 – Poyry: Pöyry awarded EPCM services assignment for expansion investment of Agnico Eagle Finland gold mine in Kittilä, Finland; 26/04/2018 – AGNICO EAGLE MINES LTD – PRODUCTION AND COST GUIDANCE REITERATED FOR 2018; 26/04/2018 – AGNICO EAGLE MINES LTD – ENTERED INTO AN DEAL WITH A UNIT OF NEWMONT MINING CORP; 26/04/2018 – AGNICO EAGLE MINES LTD – TOTAL CAPITAL EXPENDITURES (INCLUDING SUSTAINING CAPITAL) IN 2018 REMAIN FORECAST TO BE APPROXIMATELY $1.08 BLN

Veritas Investment Management Llp increased its stake in Laboratory Corp Of America Holdings (LH) by 5.34% based on its latest 2018Q4 regulatory filing with the SEC. Veritas Investment Management Llp bought 22,395 shares as the company’s stock declined 10.95% while stock markets rallied. The institutional investor held 441,468 shares of the medical specialities company at the end of 2018Q4, valued at $55.79M, up from 419,073 at the end of the previous reported quarter. Veritas Investment Management Llp who had been investing in Laboratory Corp Of America Holdings for a number of months, seems to be bullish on the $16.08B market cap company. The stock increased 0.78% or $1.27 during the last trading session, reaching $163.29. About 152,623 shares traded. Laboratory Corporation of America Holdings (NYSE:LH) has declined 13.69% since May 14, 2018 and is downtrending. It has underperformed by 18.06% the S&P500. Some Historical LH News: 24/04/2018 – LABCORP SAYS CO, MOUNT SINAI ENTERED INTO CONTRACT THAT WILL “ENHANCE” LAB OPERATIONS AT EACH OF MOUNT SINAI’S 7 ACUTE CARE HOSPITALS – SEC FILING; 20/03/2018 – lnterpace Diagnostics Announces Expansion of LabCorp National Agreement; 03/04/2018 – Triad Bus Jour: LabCorp cuts deal for 200K+ square feet in RTP; 07/03/2018 – Bionik Laboratories Corp. and Curexo Enter Exclusive Distribution Agreement for Sale of Robotic Rehabilitation Systems in U.S. and South Korea; 25/04/2018 – LABCORP – EFFECTIVE JANUARY 1, 2018, COMPANY ADOPTED FASB-ISSUED CONVERGED STANDARD ON REVENUE RECOGNITION (ASC 606); 09/03/2018 – Covance Forms Immunology & Immunotoxicology Unit Focused on Biologic Drug Development; 25/05/2018 – LabCorp to Become a Preferred National Laboratory for Aetna; 30/04/2018 – LabCorp Didn’t Disclose Further Terms of Deal Witth Eurofin; 25/04/2018 – LABCORP – 2018 ADJUSTED EPS GUIDANCE OF $11.30 TO $11.70, UNCHANGED FROM PRIOR GUIDANCE; 14/05/2018 – Wellness Corporate Solutions Launches Upgraded Employee Wellness Portal

Investors sentiment decreased to 0.81 in 2018 Q4. Its down 0.16, from 0.97 in 2018Q3. It fall, as 79 investors sold LH shares while 238 reduced holdings. 64 funds opened positions while 193 raised stakes. 88.30 million shares or 0.88% less from 89.08 million shares in 2018Q3 were reported. The Massachusetts-based Foster Dykema Cabot And Co Incorporated Ma has invested 0.05% in Laboratory Corporation of America Holdings (NYSE:LH). Acadian Asset Mngmt Llc has invested 0.32% in Laboratory Corporation of America Holdings (NYSE:LH). Suntrust Banks holds 0.01% or 14,374 shares in its portfolio. Ls Lc holds 10,249 shares. Fuller Thaler Asset Management has 1,350 shares for 0% of their portfolio. Glenmede Na holds 286,882 shares or 0.18% of its portfolio. Cardinal Capital Mngmt holds 1.25% or 29,939 shares in its portfolio. Meag Munich Ergo Kapitalanlagegesellschaft Mbh holds 2,700 shares or 0.04% of its portfolio. Cwm Ltd Co reported 0% in Laboratory Corporation of America Holdings (NYSE:LH). Principal Group Inc Inc accumulated 0.03% or 249,016 shares. Ci Invests holds 0.72% or 882,900 shares in its portfolio. 1,692 are owned by Diversified Trust Comm. Swiss Bancshares accumulated 430,275 shares or 0.07% of the stock. Renaissance Grp Incorporated Limited Com has invested 0.01% in Laboratory Corporation of America Holdings (NYSE:LH). Qci Asset Inc Ny invested in 100 shares.

Since November 27, 2018, it had 0 insider buys, and 3 sales for $749,742 activity. $152,586 worth of Laboratory Corporation of America Holdings (NYSE:LH) was sold by Williams R Sanders.

Veritas Investment Management Llp, which manages about $821.38M US Long portfolio, decreased its stake in Alphabet Inc by 7,334 shares to 32,603 shares, valued at $33.82 million in 2018Q4, according to the filing. It also reduced its holding in Alphabet Inc by 6,068 shares in the quarter, leaving it with 26,760 shares, and cut its stake in Marsh & Mclennan Cos Inc (NYSE:MMC).

More notable recent Laboratory Corporation of America Holdings (NYSE:LH) news were published by: Bizjournals.com which released: “LabCorp enters ‘innovative agreement’ with New Jersey-based nonclinical research firm – Triad Business Journal” on April 18, 2019, also Benzinga.com with their article: “Earnings Scheduled For April 30, 2019 – Benzinga” published on April 30, 2019, Finance.Yahoo.com published: “Laboratory Corporation of America Holdings’s (NYSE:LH) Investment Returns Are Lagging Its Industry – Yahoo Finance” on May 08, 2019. More interesting news about Laboratory Corporation of America Holdings (NYSE:LH) were released by: Businesswire.com and their article: “KIYATEC Announces $3 Million Initial Closing of Series B2 Preferred Stock Financing and New Investor LabCorp – Business Wire” published on May 01, 2019 as well as Bizjournals.com‘s news article titled: “Triad life science company offers new diagnostic for bladder cancer – Triad Business Journal” with publication date: May 14, 2019.

Cheviot Value Management Llc, which manages about $280.11 million and $192.07M US Long portfolio, decreased its stake in Apple Inc (NASDAQ:AAPL) by 3,835 shares to 32,459 shares, valued at $5.12M in 2018Q4, according to the filing. It also reduced its holding in Market Vectors Gold Miners Etf (GDX) by 40,238 shares in the quarter, leaving it with 72,549 shares, and cut its stake in Pfizer Incorporated (NYSE:PFE).

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

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