OLD National Bancorp IN boosted its holdings in shares of HealthStream, Inc. (NASDAQ:HSTM) by 57.6% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 17,514 shares of the technology company’s stock after buying an additional 6,398 shares during the quarter. OLD National Bancorp IN owned about 0.05% of HealthStream worth $409,000 at the end of the most recent quarter.
Several other large investors have also modified their holdings of the company. DF Dent & Co. Inc. bought a new stake in shares of HealthStream in the second quarter valued at about $423,000. The Manufacturers Life Insurance Company lifted its stake in shares of HealthStream by 0.8% in the second quarter. The Manufacturers Life Insurance Company now owns 20,433 shares of the technology company’s stock valued at $538,000 after buying an additional 158 shares during the period. State Street Corp lifted its stake in shares of HealthStream by 4.4% in the second quarter. State Street Corp now owns 616,851 shares of the technology company’s stock valued at $16,239,000 after buying an additional 25,912 shares during the period. Janus Henderson Group PLC bought a new position in HealthStream during the second quarter worth about $23,186,000. Finally, Voya Investment Management LLC lifted its stake in HealthStream by 11.7% during the second quarter. Voya Investment Management LLC now owns 12,500 shares of the technology company’s stock worth $329,000 after purchasing an additional 1,307 shares during the period. 77.01% of the stock is currently owned by institutional investors.
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HealthStream, Inc. (NASDAQ HSTM) opened at $23.21 on Friday. HealthStream, Inc. has a 52 week low of $20.60 and a 52 week high of $31.53. The firm has a market cap of $740.31, a PE ratio of 105.50, a PEG ratio of 6.23 and a beta of 0.93.
HealthStream (NASDAQ:HSTM) last posted its quarterly earnings data on Monday, October 23rd. The technology company reported $0.08 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.05 by $0.03. HealthStream had a net margin of 2.36% and a return on equity of 2.46%. The firm had revenue of $63.60 million during the quarter, compared to the consensus estimate of $62.48 million. During the same quarter in the previous year, the firm posted $0.04 EPS. The business’s revenue for the quarter was up 8.9% compared to the same quarter last year. equities research analysts forecast that HealthStream, Inc. will post 0.23 EPS for the current year.
HSTM has been the subject of several recent analyst reports. Needham & Company LLC reissued a “hold” rating and issued a $26.00 price target on shares of HealthStream in a report on Tuesday, October 24th. Zacks Investment Research raised shares of HealthStream from a “hold” rating to a “strong-buy” rating and set a $27.00 target price for the company in a report on Wednesday, October 25th. Canaccord Genuity reaffirmed a “hold” rating and set a $25.00 target price on shares of HealthStream in a report on Monday, October 23rd. ValuEngine lowered shares of HealthStream from a “hold” rating to a “sell” rating in a report on Friday, September 1st. Finally, Cantor Fitzgerald reissued a “neutral” rating and set a $24.00 price target (down from $28.00) on shares of HealthStream in a research report on Wednesday, July 26th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and two have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $24.83.
HealthStream Company Profile
HealthStream, Inc (HealthStream) provides workforce, patient experience and provider solutions for healthcare organizations. The Company operates in three segments: HealthStream Workforce Solutions, HealthStream Patient Experience Solutions and HealthStream Provider Solutions. HealthStream’s products and services are organized into three segments: Workforce Solutions, Patient Experience Solutions, and Provider Solutions.
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