Thrivent Financial For Lutherans Buys 1,030 Shares of HealthStream, Inc. (HSTM)

Thrivent Financial For Lutherans raised its stake in shares of HealthStream, Inc. (NASDAQ:HSTM) by 7.2% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 15,380 shares of the technology company’s stock after buying an additional 1,030 shares during the quarter. Thrivent Financial For Lutherans’ holdings in HealthStream were worth $405,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the business. PNC Financial Services Group Inc. increased its holdings in shares of HealthStream by 0.4% in the 1st quarter. PNC Financial Services Group Inc. now owns 8,645 shares of the technology company’s stock worth $210,000 after purchasing an additional 31 shares in the last quarter. Bank of Montreal Can increased its holdings in shares of HealthStream by 1.1% in the 2nd quarter. Bank of Montreal Can now owns 5,720 shares of the technology company’s stock worth $151,000 after purchasing an additional 65 shares in the last quarter. Arizona State Retirement System increased its holdings in shares of HealthStream by 1.5% in the 1st quarter. Arizona State Retirement System now owns 13,264 shares of the technology company’s stock worth $321,000 after purchasing an additional 200 shares in the last quarter. Wells Fargo & Company MN increased its holdings in shares of HealthStream by 1.0% in the 2nd quarter. Wells Fargo & Company MN now owns 21,781 shares of the technology company’s stock worth $573,000 after purchasing an additional 206 shares in the last quarter. Finally, Texas Permanent School Fund increased its holdings in shares of HealthStream by 1.2% in the 2nd quarter. Texas Permanent School Fund now owns 18,622 shares of the technology company’s stock worth $490,000 after purchasing an additional 217 shares in the last quarter. Institutional investors and hedge funds own 75.87% of the company’s stock.

Shares of HealthStream, Inc. (NASDAQ:HSTM) opened at 23.68 on Friday. The company has a 50 day moving average price of $23.64 and a 200 day moving average price of $25.44. The company has a market cap of $755.06 million, a price-to-earnings ratio of 170.36 and a beta of 0.98. HealthStream, Inc. has a one year low of $20.60 and a one year high of $31.53.

HealthStream (NASDAQ:HSTM) last issued its quarterly earnings data on Monday, July 24th. The technology company reported $0.08 EPS for the quarter, beating the consensus estimate of $0.04 by $0.04. HealthStream had a return on equity of 2.27% and a net margin of 1.85%. The firm had revenue of $61.48 million during the quarter, compared to analyst estimates of $61.36 million. During the same quarter in the prior year, the business posted $0.04 EPS. The business’s revenue for the quarter was up 12.2% compared to the same quarter last year. Equities analysts predict that HealthStream, Inc. will post $0.22 EPS for the current year.

HSTM has been the subject of a number of research analyst reports. Canaccord Genuity reissued a “hold” rating and issued a $25.00 target price on shares of HealthStream in a report on Thursday, July 27th. Zacks Investment Research lowered HealthStream from a “buy” rating to a “hold” rating in a report on Wednesday, July 12th. Robert W. Baird reissued a “buy” rating and issued a $30.00 target price on shares of HealthStream in a report on Thursday, August 31st. ValuEngine lowered HealthStream from a “hold” rating to a “sell” rating in a report on Friday, September 1st. Finally, Needham & Company LLC reduced their target price on HealthStream from $32.00 to $26.00 and set a “buy” rating for the company in a report on Wednesday, July 26th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the company’s stock. HealthStream currently has a consensus rating of “Hold” and an average target price of $25.17.

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HealthStream Company Profile

HealthStream, Inc (HealthStream) provides workforce, patient experience and provider solutions for healthcare organizations. The Company operates in three segments: HealthStream Workforce Solutions, HealthStream Patient Experience Solutions and HealthStream Provider Solutions. HealthStream’s products and services are organized into three segments: Workforce Solutions, Patient Experience Solutions, and Provider Solutions.

Institutional Ownership by Quarter for HealthStream (NASDAQ:HSTM)

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