Quantinno Capital Management LP raised its holdings in HealthStream, Inc. (NASDAQ:HSTM – Free Report) by 283.5% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 50,169 shares of the technology company’s stock after acquiring an additional 37,088 shares during the period. Quantinno Capital Management LP’s holdings in HealthStream were worth $1,039,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Danske Bank A S lifted its holdings in shares of HealthStream by 175.0% in the fourth quarter. Danske Bank A S now owns 1,100 shares of the technology company’s stock worth $25,000 after acquiring an additional 700 shares during the last quarter. Hantz Financial Services Inc. boosted its stake in shares of HealthStream by 2,035.5% in the 4th quarter. Hantz Financial Services Inc. now owns 1,324 shares of the technology company’s stock valued at $31,000 after purchasing an additional 1,262 shares in the last quarter. Aquatic Capital Management LLC bought a new stake in shares of HealthStream during the 3rd quarter valued at approximately $40,000. Tower Research Capital LLC TRC grew its holdings in shares of HealthStream by 241.4% during the 2nd quarter. Tower Research Capital LLC TRC now owns 2,407 shares of the technology company’s stock valued at $67,000 after purchasing an additional 1,702 shares during the last quarter. Finally, Meeder Asset Management Inc. bought a new stake in shares of HealthStream during the 1st quarter valued at approximately $81,000. Institutional investors own 69.58% of the company’s stock.
Wall Street Analyst Weigh In
Several equities analysts recently commented on the stock. Weiss Ratings raised shares of HealthStream from a “hold (c-)” rating to a “hold (c)” rating in a research note on Tuesday, June 23rd. Canaccord Genuity Group boosted their target price on shares of HealthStream from $24.00 to $27.00 and gave the stock a “hold” rating in a research note on Tuesday, July 21st. Finally, Wall Street Zen raised shares of HealthStream from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. Three equities research analysts have rated the stock with a Hold rating, According to MarketBeat.com, HealthStream currently has a consensus rating of “Hold” and an average price target of $27.00.
HealthStream Trading Down 0.3%
Shares of HSTM opened at $28.94 on Friday. The stock’s 50-day moving average price is $27.58 and its two-hundred day moving average price is $23.79. HealthStream, Inc. has a 12 month low of $19.50 and a 12 month high of $31.11. The company has a market capitalization of $845.48 million, a PE ratio of 40.20, a PEG ratio of 3.35 and a beta of 0.44.
HealthStream (NASDAQ:HSTM – Get Free Report) last issued its quarterly earnings results on Monday, August 3rd. The technology company reported $0.23 earnings per share for the quarter, beating the consensus estimate of $0.17 by $0.06. The company had revenue of $83.73 million during the quarter, compared to analysts’ expectations of $80.82 million. HealthStream had a return on equity of 6.81% and a net margin of 6.60%. Equities research analysts predict that HealthStream, Inc. will post 0.72 EPS for the current fiscal year.
HealthStream Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Monday, August 17th will be issued a $0.035 dividend. The ex-dividend date is Monday, August 17th. This represents a $0.14 annualized dividend and a yield of 0.5%. HealthStream’s dividend payout ratio is presently 19.44%.
Insider Buying and Selling
In other HealthStream news, Director Linda Rebrovick sold 6,000 shares of the firm’s stock in a transaction that occurred on Monday, July 6th. The shares were sold at an average price of $29.00, for a total transaction of $174,000.00. Following the completion of the transaction, the director owned 51,329 shares in the company, valued at approximately $1,488,541. This trade represents a 10.47% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Kevin P. O’hara sold 3,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $24.08, for a total transaction of $72,240.00. Following the completion of the transaction, the executive vice president owned 20,982 shares in the company, valued at $505,246.56. This trade represents a 12.51% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 11,000 shares of company stock valued at $296,240 in the last three months. Insiders own 20.40% of the company’s stock.
HealthStream Company Profile
HealthStream, Inc is a Nashville, Tennessee–based provider of workforce development and learning management solutions for healthcare organizations. Since its founding in 1990, the company has focused on helping hospitals, clinics and other care providers streamline staff training, ensure regulatory compliance and monitor employee performance. HealthStream’s platform integrates online courses, skill competency assessments and credential management tools to support workforce readiness across the healthcare continuum.
The company’s core offerings include a learning management system (LMS) designed specifically for clinical and nonclinical personnel, a competency management suite that tracks skill acquisition and validation, and a content library featuring evidence-based clinical and compliance training modules.
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