Jane Street Group LLC Invests $260,000 in Almost Family Inc (AFAM)

Jane Street Group LLC bought a new position in Almost Family Inc (NASDAQ:AFAM) during the fourth quarter, Holdings Channel reports. The firm bought 4,690 shares of the company’s stock, valued at approximately $260,000.

Other hedge funds also recently modified their holdings of the company. SG Americas Securities LLC purchased a new stake in Almost Family during the third quarter valued at approximately $148,000. Stone Ridge Asset Management LLC purchased a new stake in Almost Family during the fourth quarter valued at approximately $226,000. Teacher Retirement System of Texas purchased a new stake in Almost Family during the fourth quarter valued at approximately $230,000. Renaissance Technologies LLC purchased a new stake in Almost Family during the fourth quarter valued at approximately $244,000. Finally, Envestnet Asset Management Inc. raised its position in Almost Family by 24.5% during the third quarter. Envestnet Asset Management Inc. now owns 6,245 shares of the company’s stock valued at $335,000 after purchasing an additional 1,229 shares during the period. Institutional investors and hedge funds own 84.64% of the company’s stock.

How to Become a New Pot Stock Millionaire

Shares of NASDAQ AFAM opened at $56.00 on Wednesday. The company has a current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 0.21. Almost Family Inc has a fifty-two week low of $40.15 and a fifty-two week high of $66.15. The company has a market capitalization of $783.59, a PE ratio of 26.67, a price-to-earnings-growth ratio of 1.15 and a beta of 0.58.

Almost Family (NASDAQ:AFAM) last issued its quarterly earnings results on Monday, February 26th. The company reported $0.58 earnings per share for the quarter, hitting the consensus estimate of $0.58. Almost Family had a return on equity of 5.88% and a net margin of 2.56%. The firm had revenue of $200.62 million for the quarter, compared to the consensus estimate of $203.44 million. During the same period in the prior year, the business posted $0.59 earnings per share. The company’s revenue for the quarter was up 30.8% on a year-over-year basis. equities research analysts anticipate that Almost Family Inc will post 2.87 earnings per share for the current year.

A number of brokerages have issued reports on AFAM. Royal Bank of Canada restated a “hold” rating and set a $59.00 price objective on shares of Almost Family in a research report on Tuesday, February 27th. BidaskClub downgraded Almost Family from a “sell” rating to a “strong sell” rating in a research report on Friday, January 26th. Zacks Investment Research upgraded Almost Family from a “hold” rating to a “strong-buy” rating and set a $64.00 price objective on the stock in a research report on Wednesday, March 7th. Finally, JPMorgan Chase reduced their price target on Almost Family from $59.00 to $56.00 and set a “neutral” rating on the stock in a report on Monday, March 5th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, one has given a buy rating and one has given a strong buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $61.71.

TRADEMARK VIOLATION WARNING: This article was originally reported by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are viewing this article on another website, it was stolen and republished in violation of U.S. & international trademark and copyright laws. The correct version of this article can be accessed at https://www.dispatchtribunal.com/2018/04/18/jane-street-group-llc-invests-260000-in-almost-family-inc-afam.html.

About Almost Family

Almost Family, Inc is a provider of home healthcare services. The Company has two divisions: Home Health and Healthcare Innovations (HCI). The Home Health division consists of two segments: Visiting Nurse Services (VN or Visiting Nurse) and Personal Care Services (PC or Personal Care). The VN segment provides a range of Medicare-certified home health nursing services to patients in need of recuperative care, following a period of hospitalization or care in another type of inpatient facility.

Want to see what other hedge funds are holding AFAM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Almost Family Inc (NASDAQ:AFAM).

Institutional Ownership by Quarter for Almost Family (NASDAQ:AFAM)

Receive News & Ratings for Almost Family Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Almost Family and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply