1 week Ago By ABMN Staff
Geode Capital Management LLC lowered its holdings in Addus HomeCare Co. ( NASDAQ:ADUS – Free Report ) by 0.0% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission.
The firm owned 423,778 shares of the company’s stock after selling 156 shares during the quarter. Geode Capital Management LLC’s holdings in Addus HomeCare were worth $53,133,000 as of its most recent SEC filing. A number of other institutional investors and hedge funds also recently added to or reduced their stakes in ADUS.
Smartleaf Asset Management LLC raised its holdings in Addus HomeCare by 324.2% in the 4th quarter. Smartleaf Asset Management LLC now owns 280 shares of the company’s stock valued at $35,000 after buying an additional 214 shares during the period.
Parkside Financial Bank & Trust raised its stake in shares of Addus HomeCare by 38.6% in the 4th quarter. Parkside Financial Bank & Trust now owns 531 shares of the company’s stock valued at $67,000 after acquiring an additional 148 shares during the period.
Meeder Asset Management Inc. purchased a new stake in shares of Addus HomeCare in the 4th quarter valued at approximately $77,000. Harvest Fund Management Co.
Ltd acquired a new position in shares of Addus HomeCare in the 4th quarter worth approximately $86,000. Finally, KBC Group NV boosted its position in shares of Addus HomeCare by 49.1% during the 4th quarter.
KBC Group NV now owns 814 shares of the company’s stock worth $102,000 after purchasing an additional 268 shares during the period. Hedge funds and other institutional investors own 95.35% of the company’s stock.
Wall Street Analysts Forecast Growth ADUS has been the topic of a number of research reports. Citizens Jmp upgraded Addus HomeCare to a “strong-buy” rating in a research note on Monday, December 16th. Stephens restated an “overweight” rating and set a $142.
00 target price on shares of Addus HomeCare in a report on Wednesday, March 12th. Macquarie reiterated an “outperform” rating and set a $129.00 price target on shares of Addus HomeCare in a research note on Thursday, February 27th.
JMP Securities reissued a “market outperform” rating and issued a $150.00 price objective on shares of Addus HomeCare in a research note on Thursday. Finally, Oppenheimer increased their target price on shares of Addus HomeCare from $145.
00 to $150.00 and gave the stock an “outperform” rating in a report on Friday, January 24th. One analyst has rated the stock with a sell rating, one has assigned a hold rating, seven have assigned a buy rating and two have assigned a strong buy rating to the company’s stock.
According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $132.78. Addus HomeCare Trading Down 0.
9 % Shares of ADUS stock opened at $100.85 on Monday. The company has a market cap of $1.
83 billion, a P/E ratio of 23.08, a PEG ratio of 1.41 and a beta of 0.
93. The firm has a fifty day moving average price of $101.16 and a 200 day moving average price of $117.
97. Addus HomeCare Co. has a 12 month low of $87.
88 and a 12 month high of $136.72. Addus HomeCare ( NASDAQ:ADUS – Get Free Report ) last released its quarterly earnings data on Monday, February 24th.
The company reported $1.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.35 by ($0.
09). The business had revenue of $297.14 million for the quarter, compared to analyst estimates of $291.
04 million. Addus HomeCare had a return on equity of 9.62% and a net margin of 6.
50%. On average, equities analysts forecast that Addus HomeCare Co. will post 4.
59 EPS for the current year. About Addus HomeCare ( Free Report ) Addus HomeCare Corporation, together with its subsidiaries, provides personal care services to elderly, chronically ill, disabled persons, and individuals who are at risk of hospitalization or institutionalization in the United States. The company operates through three segments: Personal Care, Hospice, and Home Health.
Further Reading Want to see what other hedge funds are holding ADUS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Addus HomeCare Co. ( NASDAQ:ADUS – Free Report ).
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