5 Healthcare Stocks to Buy According to John Rogers’ Ariel Investments

2. Laboratory Corporation of America Holdings (NYSE:LH)

Ariel Investments Stake Value: $190.3 million

Percent of Ariel Investments’ Portfolio: 1.78% 

Number of Hedge Fund Holders: 53

Laboratory Corporation of America Holdings (NYSE:LH) is based in North Carolina and operates as an independent clinical laboratory around the world. The lab operations are divided in two segments: diagnostics and drug development. The company provides specialty testing services.

As of the second quarter of 2021, Ariel Investments holds 689,859 shares in Laboratory Corporation of America Holdings (NYSE:LH), valued at $190.3 million.

According to the database of Insider Monkey tracking 873 hedge funds in Q2 2021, 53 have stakes in Laboratory Corporation of America Holdings (NYSE:LH), worth $2.56 billion. This number has decreased from 54 in the Q1 of 2021, worth $2.47 billion.