1 week Ago By Defense World Staff
KLP Kapitalforvaltning AS acquired a new position in shares of Healthcare Services Group, Inc. ( NASDAQ:HCSG – Free Report ) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 14,400 shares of the business services provider’s stock, valued at approximately $167,000.
A number of other hedge funds have also recently added to or reduced their stakes in HCSG. GAMMA Investing LLC raised its holdings in shares of Healthcare Services Group by 100.8% during the fourth quarter.
GAMMA Investing LLC now owns 2,137 shares of the business services provider’s stock worth $25,000 after purchasing an additional 1,073 shares during the period. SBI Securities Co. Ltd.
acquired a new position in shares of Healthcare Services Group in the 4th quarter valued at about $25,000. Ieq Capital LLC bought a new stake in shares of Healthcare Services Group during the 4th quarter valued at about $118,000. Financial Management Professionals Inc.
raised its stake 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 acquiring an additional 2,653 shares during the period. Finally, Verition Fund Management LLC bought a new position in Healthcare Services Group in the third quarter worth about $231,000. Institutional investors and hedge funds own 97.
97% of the company’s stock. Analysts Set New Price Targets HCSG has been the subject of several recent research reports. StockNews.
com lowered Healthcare Services Group from a “buy” rating to a “hold” rating in a report on Wednesday, February 19th. Macquarie started coverage on Healthcare Services Group in a research note on Monday, December 16th. They set a “neutral” rating and a $13.
00 price objective for the company. Finally, Benchmark reaffirmed a “buy” rating and issued a $17.00 target price on shares of Healthcare Services Group in a research report on Thursday, December 19th.
Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $14.00.
Healthcare Services Group Trading Down 2.6 % Shares of NASDAQ HCSG opened at $9.64 on Wednesday.
Healthcare Services Group, Inc. has a 12-month low of $9.50 and a 12-month high of $12.
99. The company has a market cap of $708.42 million, a PE ratio of 17.
85 and a beta of 0.62. The stock has a 50 day simple moving average of $10.
60 and a 200-day simple moving average of $11.14. Healthcare Services Group ( NASDAQ:HCSG – Get Free Report ) last announced its quarterly earnings results on Wednesday, February 12th.
The business services provider reported $0.16 earnings per share (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%. Sell-side analysts forecast that Healthcare Services Group, Inc. will post 0.
74 earnings per share for the current fiscal year. 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.
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