KLP Kapitalforvaltning AS Purchases Shares of 14,400 Healthcare Services Group, Inc. (NASDAQ:HCSG)

KLP Kapitalforvaltning AS acquired a new position in Healthcare Services Group, Inc. ( NASDAQ:HCSG – Free Report ) during the fourth quarter, Holdings Channel reports. The firm acquired 14,400 shares of the business services provider’s stock, valued at approximately $167,000.

Several other institutional investors have also modified their holdings of HCSG. GAMMA Investing LLC raised its position in Healthcare Services Group by 100.8% in the fourth quarter.



GAMMA Investing LLC now owns 2,137 shares of the business services provider’s stock worth $25,000 after acquiring an additional 1,073 shares in the last quarter. SBI Securities Co. Ltd.

acquired a new stake in Healthcare Services Group during the fourth quarter valued at approximately $25,000. Ieq Capital LLC bought a new stake in Healthcare Services Group during the fourth quarter worth approximately $118,000. Financial Management Professionals Inc.

boosted its holdings in Healthcare Services Group by 32.4% during the fourth quarter. Financial Management Professionals Inc.

now owns 10,833 shares of the business services provider’s stock worth $126,000 after buying an additional 2,653 shares in the last quarter. Finally, Verition Fund Management LLC acquired a new position in Healthcare Services Group in the third quarter worth approximately $231,000. Institutional investors and hedge funds own 97.

97% of the company’s stock. Healthcare Services Group Stock Performance Healthcare Services Group stock opened at $9.64 on Wednesday.

Healthcare Services Group, Inc. has a 52 week low of $9.50 and a 52 week high of $12.

99. The firm has a market capitalization of $708.42 million, a price-to-earnings ratio of 17.

85 and a beta of 0.62. The company has a 50 day moving average price of $10.

60 and a 200 day moving average price of $11.14. Analyst Upgrades and Downgrades HCSG has been the subject of a number of recent research reports.

Macquarie began coverage on Healthcare Services Group in a research report on Monday, December 16th. They set a “neutral” rating and a $13.00 price objective for the company.

StockNews.com downgraded Healthcare Services Group from a “buy” rating to a “hold” rating in a report on Wednesday, February 19th. Finally, Benchmark reissued a “buy” rating and issued a $17.

00 price target on shares of Healthcare Services Group in a research note on Thursday, December 19th. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to MarketBeat.

com, the stock presently has a consensus rating of “Hold” and an average target price of $14.00. Check Out Our Latest Research Report on Healthcare Services Group Healthcare Services Group Company 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. See Also Want to see what other hedge funds are holding HCSG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Healthcare Services Group, Inc.

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