Barclays PLC trimmed its stake in HealthStream, Inc. (NASDAQ:HSTM) by 66.1% in the 4th quarter, HoldingsChannel reports. The firm owned 9,611 shares of the technology company’s stock after selling 18,735 shares during the period. Barclays PLC’s holdings in HealthStream were worth $232,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other large investors also recently bought and sold shares of the company. Financial Gravity Companies Inc. bought a new stake in HealthStream during the fourth quarter valued at about $43,000. We Are One Seven LLC purchased a new stake in HealthStream in the fourth quarter worth about $82,000. PNC Financial Services Group Inc. raised its stake in shares of HealthStream by 8.5% in the fourth quarter. PNC Financial Services Group Inc. now owns 5,713 shares of the technology company’s stock worth $139,000 after buying an additional 449 shares during the period. Stephens Inc. AR raised its stake in shares of HealthStream by 22.6% in the fourth quarter. Stephens Inc. AR now owns 8,251 shares of the technology company’s stock worth $199,000 after buying an additional 1,523 shares during the period. Finally, Oregon Public Employees Retirement Fund bought a new position in shares of HealthStream in the fourth quarter worth about $235,000. Hedge funds and other institutional investors own 72.24% of the company’s stock.
Shares of HSTM stock opened at $28.39 on Friday. HealthStream, Inc. has a 52-week low of $23.06 and a 52-week high of $31.86. The firm has a market capitalization of $912.66 million, a price-to-earnings ratio of 66.02, a price-to-earnings-growth ratio of 6.17 and a beta of 0.74.
HealthStream (NASDAQ:HSTM) last posted its quarterly earnings results on Tuesday, February 19th. The technology company reported $0.09 EPS for the quarter, beating the Zacks’ consensus estimate of $0.05 by $0.04. HealthStream had a return on equity of 4.39% and a net margin of 13.91%. The business had revenue of $59.83 million for the quarter, compared to analysts’ expectations of $58.96 million. During the same period last year, the firm earned $0.10 earnings per share. The business’s quarterly revenue was up 8.3% on a year-over-year basis. As a group, equities analysts expect that HealthStream, Inc. will post 0.31 earnings per share for the current fiscal year.
A number of brokerages recently issued reports on HSTM. BidaskClub downgraded HealthStream from a “buy” rating to a “hold” rating in a research note on Friday. Cantor Fitzgerald restated a “hold” rating and set a $26.00 target price on shares of HealthStream in a research note on Tuesday, February 19th. ValuEngine upgraded shares of HealthStream from a “hold” rating to a “buy” rating in a research note on Monday, April 1st. Zacks Investment Research downgraded shares of HealthStream from a “buy” rating to a “hold” rating in a report on Friday, January 18th. Finally, TheStreet upgraded shares of HealthStream from a “c+” rating to a “b-” rating in a research report on Wednesday, February 27th. Six equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. HealthStream has an average rating of “Hold” and an average price target of $26.80.
HealthStream Company Profile
HealthStream, Inc provides workforce and provider solutions for healthcare organizations in the United States. It operates through two segments, Workforce Solutions and Provider Solutions. The company offers workforce solutions, including software-as-a-service (SaaS) based services and subscription-based solutions to meet the training, certification, assessment, development, clinical development, talent management, performance appraisal, and other needs, as well as training, implementation, and account management services for the healthcare community.
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