Jefferies Financial Group Inc. Has $1.57 Million Stock Holdings in Addus HomeCare Co. (NASDAQ:ADUS)

Jefferies Financial Group Inc. trimmed its holdings in Addus HomeCare Co. (NASDAQ:ADUS) by 13.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 12,515 shares of the company’s stock after selling 2,019 shares during the period. Jefferies Financial Group Inc. owned 0.07% of Addus HomeCare worth $1,569,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in ADUS. Dimensional Fund Advisors LP lifted its holdings in Addus HomeCare by 1.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 692,713 shares of the company’s stock worth $86,833,000 after purchasing an additional 10,434 shares during the last quarter. Capital Research Global Investors acquired a new stake in shares of Addus HomeCare during the 4th quarter valued at $51,149,000. TimesSquare Capital Management LLC boosted its holdings in shares of Addus HomeCare by 28.5% during the 4th quarter. TimesSquare Capital Management LLC now owns 355,750 shares of the company’s stock valued at $44,593,000 after acquiring an additional 78,835 shares in the last quarter. Invesco Ltd. lifted its holdings in Addus HomeCare by 6.5% during the 4th 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 period. Finally, Northern Trust Corp lifted its holdings in Addus HomeCare by 3.3% during the 4th quarter. Northern Trust Corp now owns 285,872 shares of the company’s stock worth $35,834,000 after buying an additional 9,122 shares during the period. 95.35% of the stock is owned by institutional investors and hedge funds.

Addus HomeCare Stock Down 1.4%

NASDAQ ADUS opened at $108.24 on Thursday. The stock’s 50-day simple moving average is $99.66 and its two-hundred day simple moving average is $114.07. Addus HomeCare Co. has a twelve month low of $88.96 and a twelve month high of $136.72. The company has a market capitalization of $1.99 billion, a price-to-earnings ratio of 24.77, a PEG ratio of 1.41 and a beta of 0.85.

Addus HomeCare (NASDAQ:ADUS) last announced its quarterly earnings data 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. Addus HomeCare had a return on equity of 9.62% and a net margin of 6.50%. The firm had revenue of $337.71 million for the quarter, compared to analysts’ expectations of $341.66 million. During the same period last year, the firm earned $1.21 earnings per share. The company’s revenue for the quarter was up 20.3% compared to the same quarter last year. On average, equities analysts expect that Addus HomeCare Co. will post 4.59 earnings per share for the current fiscal year.

Analyst Ratings Changes

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

Addus HomeCare Company 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.