Capstone Investment Advisors LLC purchased a new position in shares of Addus HomeCare Corporation (NASDAQ:ADUS – Free Report) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 6,856 shares of the company’s stock, valued at approximately $689,000.
A number of other large investors also recently modified their holdings of the company. Global Retirement Partners LLC boosted its holdings in shares of Addus HomeCare by 395.7% during the 4th quarter. Global Retirement Partners LLC now owns 233 shares of the company’s stock valued at $25,000 after acquiring an additional 186 shares in the last quarter. Larson Financial Group LLC increased its holdings in Addus HomeCare by 133.3% in the 3rd quarter. Larson Financial Group LLC now owns 238 shares of the company’s stock worth $28,000 after purchasing an additional 136 shares in the last quarter. Acumen Wealth Advisors LLC bought a new position in Addus HomeCare in the fourth quarter valued at about $29,000. Arax Advisory Partners raised its position in Addus HomeCare by 95.8% in the fourth quarter. Arax Advisory Partners now owns 280 shares of the company’s stock valued at $30,000 after purchasing an additional 137 shares during the last quarter. Finally, NFJ Investment Group LLC bought a new position in Addus HomeCare in the second quarter valued at about $29,000. 95.35% of the stock is currently owned by institutional investors.
Insider Activity
In other news, insider Heather Brianne Dixon sold 288 shares of the business’s stock in a transaction that occurred on Monday, June 22nd. The shares were sold at an average price of $93.77, for a total value of $27,005.76. Following the transaction, the insider owned 44,371 shares in the company, valued at approximately $4,160,668.67. The trade was a 0.64% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 4.10% of the company’s stock.
Wall Street Analyst Weigh In
Check Out Our Latest Stock Analysis on ADUS
Addus HomeCare Price Performance
Shares of ADUS opened at $115.55 on Friday. Addus HomeCare Corporation has a 1 year low of $87.95 and a 1 year high of $124.43. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.69 and a quick ratio of 1.69. The company has a market capitalization of $2.16 billion, a price-to-earnings ratio of 20.27, a price-to-earnings-growth ratio of 1.58 and a beta of 0.87. The business has a 50-day moving average of $111.95 and a 200-day moving average of $102.96.
Addus HomeCare (NASDAQ:ADUS – Get Free Report) last announced its earnings results on Monday, August 3rd. The company reported $1.73 EPS for the quarter, beating the consensus estimate of $1.70 by $0.03. Addus HomeCare had a return on equity of 9.96% and a net margin of 7.13%.The business had revenue of $377.41 million for the quarter, compared to analysts’ expectations of $376.24 million. During the same period in the prior year, the business posted $1.49 earnings per share. The firm’s revenue was up 8.0% on a year-over-year basis. As a group, equities research analysts anticipate that Addus HomeCare Corporation will post 6.3 earnings per share for the current year.
Addus HomeCare Company Profile
Addus HomeCare (NASDAQ: ADUS) is a leading provider of home and community-based care services for elderly, disabled, and medically complex individuals across the United States. Through a network of company-owned and franchise locations, the company delivers a broad spectrum of non-medical personal care and licensed home health services designed to support clients’ independence and quality of life.
The company’s core offerings include personal care assistance—covering daily living activities, medication reminders, and light housekeeping—and skilled home health services delivered under the supervision of registered nurses and licensed therapists.
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