6 days Ago By ABMN Staff
Franklin Resources Inc. increased its holdings in shares of HealthStream, Inc. ( NASDAQ:HSTM – Free Report ) by 0.
9% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 44,672 shares of the technology company’s stock after purchasing an additional 413 shares during the period. Franklin Resources Inc.
owned approximately 0.15% of HealthStream worth $1,421,000 at the end of the most recent reporting period. Several other hedge funds have also recently added to or reduced their stakes in HSTM.
Vanguard Group Inc. lifted its holdings in shares of HealthStream by 3.1% during the fourth quarter.
Vanguard Group Inc. now owns 3,055,060 shares of the technology company’s stock worth $97,151,000 after buying an additional 92,067 shares during the last quarter. State Street Corp raised its stake in HealthStream by 1.
2% during the 3rd quarter. State Street Corp now owns 974,235 shares of the technology company’s stock valued at $28,097,000 after purchasing an additional 11,976 shares during the last quarter. Geode Capital Management LLC boosted its holdings in HealthStream by 2.
9% in the 3rd quarter. Geode Capital Management LLC now owns 674,764 shares of the technology company’s stock valued at $19,463,000 after purchasing an additional 18,779 shares during the period. Harbor Capital Advisors Inc.
grew its position in HealthStream by 3.7% in the 4th quarter. Harbor Capital Advisors Inc.
now owns 414,787 shares of the technology company’s stock worth $13,190,000 after purchasing an additional 14,754 shares during the last quarter. Finally, Copeland Capital Management LLC increased its holdings in shares of HealthStream by 17,363.4% during the 4th quarter.
Copeland Capital Management LLC now owns 379,306 shares of the technology company’s stock worth $12,062,000 after purchasing an additional 377,134 shares during the period. Institutional investors own 69.58% of the company’s stock.
HealthStream Stock Up 0.7 % NASDAQ:HSTM opened at $32.38 on Tuesday.
The firm has a 50-day moving average price of $32.39 and a 200 day moving average price of $31.64.
The firm has a market capitalization of $985.45 million, a PE ratio of 49.82, a price-to-earnings-growth ratio of 4.
37 and a beta of 0.42. HealthStream, Inc.
has a 12-month low of $23.92 and a 12-month high of $34.24.
HealthStream Increases Dividend The company also recently announced a quarterly dividend, which was paid on Friday, March 21st. Investors of record on Monday, March 10th were given a dividend of $0.031 per share.
The ex-dividend date of this dividend was Monday, March 10th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.
38%. This is a boost from HealthStream’s previous quarterly dividend of $0.03.
HealthStream’s dividend payout ratio (DPR) is 18.18%. Analysts Set New Price Targets A number of equities research analysts recently weighed in on the company.
JMP Securities reissued a “market perform” rating on shares of HealthStream in a research report on Thursday, February 6th. Canaccord Genuity Group lifted their price objective on HealthStream from $29.00 to $30.
00 and gave the stock a “hold” rating in a report on Wednesday, February 26th. Finally, William Blair restated an “outperform” rating on shares of HealthStream in a research note on Tuesday, February 25th. Two investment analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company’s stock.
According to MarketBeat.com, HealthStream presently has an average rating of “Moderate Buy” and a consensus target price of $32.00.
Get Our Latest Stock Analysis on HealthStream HealthStream Profile ( Free Report ) HealthStream, Inc provides Software-as-a-Service (SaaS) based applications for healthcare organizations in the United States. The company’s solutions help healthcare organizations in meeting their ongoing clinical development, talent management, training, education, assessment, competency management, safety and compliance, and scheduling, as well as provider credentialing, privileging, and enrollment needs. Recommended Stories Want to see what other hedge funds are holding HSTM? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for HealthStream, Inc. ( NASDAQ:HSTM – Free Report ). Receive News & Ratings for HealthStream Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HealthStream and related companies with MarketBeat.
com's FREE daily email newsletter ..
