4 days Ago By Defense World Staff
JPMorgan Chase & Co. trimmed its holdings in Healthcare Services Group, Inc. ( NASDAQ:HCSG – Free Report ) by 9.
4% in the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 700,651 shares of the business services provider’s stock after selling 72,984 shares during the quarter. JPMorgan Chase & Co.
owned about 0.96% of Healthcare Services Group worth $8,138,000 at the end of the most recent reporting period. A number of other hedge funds have also bought and sold shares of the business.
Jane Street Group LLC increased its position in shares of Healthcare Services Group by 80.8% during the 3rd quarter. Jane Street Group LLC now owns 175,444 shares of the business services provider’s stock valued at $1,960,000 after purchasing an additional 78,391 shares during the last quarter.
Geode Capital Management LLC increased its stake in shares of Healthcare Services Group by 2.9% in the 3rd quarter. Geode Capital Management LLC now owns 1,760,971 shares of the business services provider’s stock worth $19,674,000 after purchasing an additional 50,375 shares in the last quarter.
Global Alpha Capital Management Ltd. purchased a new stake in shares of Healthcare Services Group in the 4th quarter worth $822,000. Franklin Resources Inc.
raised its holdings in Healthcare Services Group by 39.9% in the 3rd quarter. Franklin Resources Inc.
now owns 560,588 shares of the business services provider’s stock worth $5,858,000 after purchasing an additional 159,878 shares during the period. Finally, Barclays PLC lifted its position in Healthcare Services Group by 169.3% during the third quarter.
Barclays PLC now owns 145,926 shares of the business services provider’s stock valued at $1,631,000 after purchasing an additional 91,733 shares in the last quarter. Hedge funds and other institutional investors own 97.97% of the company’s stock.
Analyst Upgrades and Downgrades Several brokerages have recently commented on HCSG. Benchmark restated a “buy” rating and set a $17.00 price objective on shares of Healthcare Services Group in a research report on Thursday, December 19th.
StockNews.com cut Healthcare Services Group from a “buy” rating to a “hold” rating in a report on Wednesday, February 19th. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock.
Based on data from MarketBeat, Healthcare Services Group has a consensus rating of “Hold” and a consensus target price of $14.00. Healthcare Services Group Trading Down 1.
4 % Shares of NASDAQ:HCSG opened at $9.65 on Wednesday. The company has a market cap of $709.
16 million, a price-to-earnings ratio of 17.87 and a beta of 0.62.
Healthcare Services Group, Inc. has a 12 month low of $9.50 and a 12 month high of $12.
99. The company has a 50-day moving average price of $10.45 and a 200 day moving average price of $11.
09. Healthcare Services Group ( NASDAQ:HCSG – Get Free Report ) last announced its earnings results on Wednesday, February 12th. The business services provider reported $0.
16 EPS for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.04).
Healthcare Services Group had a return on equity of 11.76% and a net margin of 2.30%.
As a group, equities analysts forecast that Healthcare Services Group, Inc. will post 0.74 EPS for the current year.
Healthcare Services Group Profile ( Free Report ) Healthcare Services Group, Inc provides management, administrative, and operating services to the housekeeping, laundry, linen, facility maintenance, and dietary service departments of nursing homes, retirement complexes, rehabilitation centers, and hospitals in the United States. It operates through two segments, Housekeeping and Dietary. Recommended Stories Five stocks we like better than Healthcare Services Group How Investors Can Find the Best Cheap Dividend Stocks Beware of BigBear.
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