Addus HomeCare Corporation (NASDAQ:ADUS) Position Trimmed by Thomson Horstmann & Bryant Inc.

Thomson Horstmann & Bryant Inc. decreased its position in shares of Addus HomeCare Corporation (NASDAQ:ADUS) by 11.9% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 141,052 shares of the company’s stock after selling 19,069 shares during the period. Thomson Horstmann & Bryant Inc. owned approximately 1.23% of Addus HomeCare Corporation worth $4,979,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in ADUS. American International Group Inc. raised its position in Addus HomeCare Corporation by 7.0% during the first quarter. American International Group Inc. now owns 4,548 shares of the company’s stock valued at $146,000 after purchasing an additional 299 shares in the last quarter. FMR LLC raised its position in Addus HomeCare Corporation by 0.9% during the first quarter. FMR LLC now owns 704,310 shares of the company’s stock valued at $22,538,000 after purchasing an additional 6,505 shares in the last quarter. Vanguard Group Inc. raised its position in Addus HomeCare Corporation by 6.3% during the first quarter. Vanguard Group Inc. now owns 318,439 shares of the company’s stock valued at $10,190,000 after purchasing an additional 18,913 shares in the last quarter. Geode Capital Management LLC raised its position in Addus HomeCare Corporation by 6.9% during the first quarter. Geode Capital Management LLC now owns 57,652 shares of the company’s stock valued at $1,844,000 after purchasing an additional 3,740 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its position in Addus HomeCare Corporation by 5.6% during the first quarter. Dimensional Fund Advisors LP now owns 824,994 shares of the company’s stock valued at $26,400,000 after purchasing an additional 43,588 shares in the last quarter. Institutional investors and hedge funds own 92.88% of the company’s stock.

Addus HomeCare Corporation (NASDAQ ADUS) traded up $0.05 on Friday, hitting $32.55. The stock had a trading volume of 11,300 shares, compared to its average volume of 39,973. The stock has a market capitalization of $378.96, a P/E ratio of 21.96, a P/E/G ratio of 1.48 and a beta of 0.19. The company has a debt-to-equity ratio of 0.23, a quick ratio of 3.35 and a current ratio of 2.68. Addus HomeCare Corporation has a 1 year low of $29.90 and a 1 year high of $40.75.

Addus HomeCare Corporation (NASDAQ:ADUS) last posted its earnings results on Monday, November 6th. The company reported $0.42 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.38 by $0.04. The company had revenue of $108.60 million for the quarter, compared to analysts’ expectations of $108.99 million. Addus HomeCare Corporation had a return on equity of 10.35% and a net margin of 4.30%. Addus HomeCare Corporation’s quarterly revenue was up 4.9% on a year-over-year basis. During the same period last year, the firm earned $0.39 earnings per share. analysts expect that Addus HomeCare Corporation will post 1.46 earnings per share for the current year.

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A number of equities research analysts have weighed in on ADUS shares. Oppenheimer Holdings, Inc. restated a “buy” rating and set a $45.00 price target on shares of Addus HomeCare Corporation in a research report on Tuesday, August 29th. Zacks Investment Research upgraded Addus HomeCare Corporation from a “hold” rating to a “buy” rating and set a $39.00 price objective on the stock in a report on Thursday, August 17th. BidaskClub downgraded Addus HomeCare Corporation from a “hold” rating to a “sell” rating in a report on Thursday, July 27th. Robert W. Baird reiterated a “hold” rating and issued a $40.00 price objective on shares of Addus HomeCare Corporation in a report on Thursday, August 24th. Finally, ValuEngine upgraded Addus HomeCare Corporation from a “hold” rating to a “buy” rating in a report on Tuesday, August 1st. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $41.33.

Addus HomeCare Corporation Company Profile

Addus HomeCare Corporation is a provider of personal care services, which are provided primarily in the home. The Company’s personal care services include assistance with bathing, grooming, oral care, skincare, assistance with feeding and dressing, medication reminders, meal planning and preparation, housekeeping and transportation services and other activities of daily living.

Institutional Ownership by Quarter for Addus HomeCare Corporation (NASDAQ:ADUS)

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