1 week Ago By Defense World Staff
Geode Capital Management LLC lessened its stake in Addus HomeCare Co. ( NASDAQ:ADUS – Free Report ) by 0.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission.
The institutional investor owned 423,778 shares of the company’s stock after selling 156 shares during the period. Geode Capital Management LLC owned about 2.34% of Addus HomeCare worth $53,133,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also made changes to their positions in ADUS. State Street Corp boosted its holdings in Addus HomeCare by 4.4% during the third quarter.
State Street Corp now owns 663,610 shares of the company’s stock worth $88,280,000 after buying an additional 27,990 shares in the last quarter. Principal Financial Group Inc. raised its position in shares of Addus HomeCare by 17.
5% in the third quarter. Principal Financial Group Inc. now owns 505,853 shares of the company’s stock worth $67,293,000 after acquiring an additional 75,409 shares during the period.
TimesSquare Capital Management LLC boosted its stake in shares of Addus HomeCare by 28.5% during the 4th quarter. TimesSquare Capital Management LLC now owns 355,750 shares of the company’s stock worth $44,593,000 after acquiring an additional 78,835 shares in the last quarter.
American Century Companies Inc. grew its position in shares of Addus HomeCare by 695.8% during the 4th quarter.
American Century Companies Inc. now owns 284,346 shares of the company’s stock valued at $35,643,000 after acquiring an additional 248,613 shares during the period. Finally, Summit Creek Advisors LLC increased its stake in shares of Addus HomeCare by 0.
3% in the 4th quarter. Summit Creek Advisors LLC now owns 208,562 shares of the company’s stock valued at $26,143,000 after purchasing an additional 644 shares in the last quarter. Institutional investors and hedge funds own 95.
35% of the company’s stock. Analyst Upgrades and Downgrades Several brokerages have commented on ADUS. Citizens Jmp raised Addus HomeCare to a “strong-buy” rating in a report on Monday, December 16th.
Oppenheimer lifted their price target on shares of Addus HomeCare from $145.00 to $150.00 and gave the company an “outperform” rating in a research note on Friday, January 24th.
JMP Securities restated a “market outperform” rating and set a $150.00 price objective on shares of Addus HomeCare in a research report on Thursday. Stephens reiterated an “overweight” rating and issued a $142.
00 target price on shares of Addus HomeCare in a research report on Wednesday, March 12th. Finally, StockNews.com downgraded shares of Addus HomeCare from a “buy” rating to a “hold” rating in a research report on Wednesday, February 26th.
One research analyst has rated the stock with a sell rating, one has issued a hold rating, seven have given a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $132.78.
Addus HomeCare Price Performance ADUS opened at $100.85 on Monday. The company’s 50 day simple moving average is $101.
16 and its two-hundred day simple moving average is $117.97. The firm has a market capitalization of $1.
83 billion, a price-to-earnings ratio of 23.08, a price-to-earnings-growth ratio of 1.41 and a beta of 0.
93. Addus HomeCare Co. has a 1-year low of $87.
88 and a 1-year 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 for the quarter, missing analysts’ consensus estimates of $1.35 by ($0.
09). Addus HomeCare had a return on equity of 9.62% and a net margin of 6.
50%. The company had revenue of $297.14 million for the quarter, compared to analyst estimates of $291.
04 million. On average, equities analysts anticipate that Addus HomeCare Co. will post 4.
59 earnings per share for the current fiscal 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.
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