LifePoint Hospitals in Brentwood, Tenn., took the biggest pounding, losing 11.05 percent last week, after it announced third-quarter profit fell 51 percent due to high acquisition costs and other expenses.
Nashville, Tenn.-based Hospital Corporation of America’s stocks moved up due to its cash dividend offering to investors. The company approved a dividend of $2.50 per share, which will be paid to shareholders Nov. 16.
Here are the five-day stock prices and percentage changes for the week of Oct. 22 through Oct. 26, 2012.
• Community Health Systems (Franklin, Tenn.): $26.79 per share (down 0.89 percent)
• Health Management Associates (Naples, Fla.): $7.28 per share (flat)
• Hospital Corporation of America (Nashville, Tenn.): $31.53 per share (up 5.21 percent)
• LifePoint Hospitals (Brentwood, Tenn.): $36.16 per share (down 11.05 percent)
• Tenet Healthcare (Dallas): $23.33 per share (down 0.41 percent)
• Universal Health Services (King of Prussia, Pa.): $42.78 per share (down 2.33 percent)
• Vanguard Health Systems (Nashville, Tenn.): $10.45 per share (down 3.24 percent)
More Articles on For-Profit Hospitals:
Acquisition Costs, High Expenses Drag LifePoint’s 3Q Profit Down 51%
CEO, CFO of HCA’s Central Group to Retire in 2013
For-Profit Hospital Stocks Mirror Obama’s Re-Election Chances
