Gotham Asset Management LLC Has $661,000 Stock Position in Addus HomeCare Co. (NASDAQ:ADUS)

Gotham Asset Management LLC increased its holdings in Addus HomeCare Co. (NASDAQ:ADUS) by 138.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,277 shares of the company’s stock after acquiring an additional 3,063 shares during the period. Gotham Asset Management LLC’s holdings in Addus HomeCare were worth $661,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of ADUS. Dimensional Fund Advisors LP grew its stake in Addus HomeCare by 1.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 692,713 shares of the company’s stock valued at $86,833,000 after purchasing an additional 10,434 shares in the last quarter. Capital Research Global Investors bought a new stake in shares of Addus HomeCare in the 4th quarter valued at approximately $51,149,000. TimesSquare Capital Management LLC grew its stake in shares of Addus HomeCare by 28.5% in the 4th quarter. TimesSquare Capital Management LLC now owns 355,750 shares of the company’s stock valued at $44,593,000 after buying an additional 78,835 shares in the last quarter. Invesco Ltd. increased its holdings in Addus HomeCare by 6.5% in the fourth quarter. Invesco Ltd. now owns 346,120 shares of the company’s stock worth $43,386,000 after buying an additional 21,266 shares during the last quarter. Finally, Northern Trust Corp raised its position in Addus HomeCare by 3.3% during the fourth quarter. Northern Trust Corp now owns 285,872 shares of the company’s stock valued at $35,834,000 after acquiring an additional 9,122 shares in the last quarter. 95.35% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

ADUS has been the subject of several recent analyst reports. Stephens reiterated an “overweight” rating and set a $142.00 price target on shares of Addus HomeCare in a research note on Wednesday, March 12th. JMP Securities reaffirmed a “market outperform” rating and set a $150.00 target price on shares of Addus HomeCare in a research report on Tuesday, April 22nd. Oppenheimer increased their price target on Addus HomeCare from $145.00 to $150.00 and gave the company an “outperform” rating in a report on Friday, January 24th. Macquarie boosted their price objective on shares of Addus HomeCare from $129.00 to $133.00 and gave the stock an “outperform” rating in a research note on Thursday, May 8th. Finally, StockNews.com lowered shares of Addus HomeCare from a “buy” rating to a “hold” rating in a research note on Wednesday, February 26th. One equities research analyst has rated the stock with a hold rating, six have issued a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $142.57.

Addus HomeCare Price Performance

Shares of ADUS stock opened at $111.63 on Monday. The stock has a market cap of $2.05 billion, a PE ratio of 25.54, a price-to-earnings-growth ratio of 1.41 and a beta of 0.85. The stock has a 50-day moving average of $100.30 and a 200-day moving average of $113.66. Addus HomeCare Co. has a one year low of $88.96 and a one year high of $136.72.

Addus HomeCare (NASDAQ:ADUS) last posted its earnings results on Monday, May 5th. The company reported $1.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.33 by $0.09. The firm had revenue of $337.71 million during the quarter, compared to analysts’ expectations of $341.66 million. Addus HomeCare had a return on equity of 9.62% and a net margin of 6.50%. The company’s revenue was up 20.3% on a year-over-year basis. During the same period in the previous year, the firm earned $1.21 earnings per share. As a group, research analysts anticipate that Addus HomeCare Co. will post 4.59 earnings per share for the current year.

Addus HomeCare Profile

Addus HomeCare Corporation, together with its subsidiaries, provides personal care services to elderly, chronically ill, disabled persons, and individuals who are at risk of hospitalization or institutionalization in the United States. The company operates through three segments: Personal Care, Hospice, and Home Health.