21,319 Shares in Addus HomeCare Corporation $ADUS Bought by Mitchell Capital Management Co.

Mitchell Capital Management Co. purchased a new position in shares of Addus HomeCare Corporation (NASDAQ:ADUS) during the fourth quarter, Holdings Channel reports. The institutional investor purchased 21,319 shares of the company’s stock, valued at approximately $2,289,000.

Other hedge funds have also bought and sold shares of the company. Global Retirement Partners LLC lifted its holdings in Addus HomeCare by 395.7% during the fourth quarter. Global Retirement Partners LLC now owns 233 shares of the company’s stock worth $25,000 after acquiring an additional 186 shares during the period. Larson Financial Group LLC raised its stake in shares of Addus HomeCare by 133.3% in the third quarter. Larson Financial Group LLC now owns 238 shares of the company’s stock valued at $28,000 after buying an additional 136 shares during the period. Private Trust Co. NA raised its stake in shares of Addus HomeCare by 65.5% in the fourth quarter. Private Trust Co. NA now owns 283 shares of the company’s stock valued at $30,000 after buying an additional 112 shares during the period. AlphaQuest LLC bought a new stake in shares of Addus HomeCare in the third quarter valued at $37,000. Finally, Wexford Capital LP bought a new stake in shares of Addus HomeCare in the third quarter valued at $41,000. 95.35% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts have issued reports on the company. Weiss Ratings lowered Addus HomeCare from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday, May 22nd. Wall Street Zen lowered Addus HomeCare from a “strong-buy” rating to a “buy” rating in a research note on Saturday, March 21st. KeyCorp restated an “overweight” rating on shares of Addus HomeCare in a research note on Wednesday, February 25th. Barclays lowered their target price on Addus HomeCare from $102.00 to $92.00 and set an “underweight” rating on the stock in a research note on Friday, May 15th. Finally, Citizens Jmp restated a “market outperform” rating and issued a $142.00 target price on shares of Addus HomeCare in a research note on Monday, May 18th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $131.22.

Addus HomeCare Price Performance

Shares of NASDAQ ADUS opened at $91.68 on Friday. The stock has a market cap of $1.71 billion, a PE ratio of 16.95, a price-to-earnings-growth ratio of 1.26 and a beta of 0.92. Addus HomeCare Corporation has a fifty-two week low of $89.76 and a fifty-two week high of $124.43. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.83 and a current ratio of 1.83. The stock has a fifty day moving average of $94.92 and a 200-day moving average of $104.68.

Addus HomeCare (NASDAQ:ADUS) last announced its quarterly earnings results on Monday, May 4th. The company reported $1.62 earnings per share for the quarter, beating the consensus estimate of $1.52 by $0.10. The company had revenue of $363.50 million during the quarter, compared to analysts’ expectations of $366.41 million. Addus HomeCare had a return on equity of 9.80% and a net margin of 6.89%.The firm’s quarterly revenue was up 7.7% compared to the same quarter last year. During the same period in the previous year, the business earned $1.42 earnings per share. Equities research analysts anticipate that Addus HomeCare Corporation will post 6.24 earnings per share for the current year.

Addus HomeCare Profile

Addus HomeCare (NASDAQ: ADUS) is a leading provider of home and community-based care services for elderly, disabled, and medically complex individuals across the United States. Through a network of company-owned and franchise locations, the company delivers a broad spectrum of non-medical personal care and licensed home health services designed to support clients’ independence and quality of life.

The company’s core offerings include personal care assistance—covering daily living activities, medication reminders, and light housekeeping—and skilled home health services delivered under the supervision of registered nurses and licensed therapists.