HealthStream, Inc. (NASDAQ:HSTM) – Research analysts at First Analysis issued their Q4 2018 EPS estimates for HealthStream in a research report issued to clients and investors on Sunday. First Analysis analyst F. Sparacino forecasts that the technology company will post earnings per share of $0.07 for the quarter. First Analysis also issued estimates for HealthStream’s FY2019 earnings at $0.32 EPS.
Several other research firms have also recently weighed in on HSTM. ValuEngine cut shares of HealthStream from a “hold” rating to a “sell” rating in a research report on Monday, February 5th. Cantor Fitzgerald reiterated a “hold” rating and set a $24.00 price objective on shares of HealthStream in a research report on Monday, February 12th. Barrington Research reiterated a “buy” rating and set a $32.00 price objective on shares of HealthStream in a research report on Monday. Zacks Investment Research upgraded shares of HealthStream from a “sell” rating to a “hold” rating in a report on Wednesday, February 7th. Finally, William Blair restated an “outperform” rating on shares of HealthStream in a report on Tuesday, February 13th. Seven equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $25.86.
A number of large investors have recently modified their holdings of the stock. MetLife Investment Advisors LLC bought a new stake in HealthStream in the fourth quarter worth $278,000. Municipal Employees Retirement System of Michigan boosted its holdings in HealthStream by 64.8% in the fourth quarter. Municipal Employees Retirement System of Michigan now owns 15,770 shares of the technology company’s stock worth $366,000 after purchasing an additional 6,200 shares in the last quarter. TIAA CREF Investment Management LLC boosted its holdings in HealthStream by 7.3% in the fourth quarter. TIAA CREF Investment Management LLC now owns 81,874 shares of the technology company’s stock worth $1,896,000 after purchasing an additional 5,568 shares in the last quarter. Two Sigma Investments LP boosted its holdings in HealthStream by 18.7% in the fourth quarter. Two Sigma Investments LP now owns 55,504 shares of the technology company’s stock worth $1,285,000 after purchasing an additional 8,731 shares in the last quarter. Finally, Goldman Sachs Group Inc. boosted its holdings in HealthStream by 48.9% in the fourth quarter. Goldman Sachs Group Inc. now owns 118,343 shares of the technology company’s stock worth $2,741,000 after purchasing an additional 38,864 shares in the last quarter. Hedge funds and other institutional investors own 69.47% of the company’s stock.
In related news, CFO Gerard M. Hayden, Jr. sold 25,000 shares of the company’s stock in a transaction on Monday, February 26th. The shares were sold at an average price of $24.32, for a total value of $608,000.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director William Stead sold 15,000 shares of the company’s stock in a transaction on Friday, February 23rd. The stock was sold at an average price of $24.41, for a total transaction of $366,150.00. Following the completion of the sale, the director now owns 36,006 shares of the company’s stock, valued at $878,906.46. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 50,000 shares of company stock worth $1,219,850. 21.10% of the stock is currently owned by corporate insiders.
The business also recently declared a special dividend, which will be paid on Tuesday, April 3rd. Stockholders of record on Tuesday, March 6th will be issued a dividend of $1.00 per share. The ex-dividend date of this dividend is Monday, March 5th.
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HealthStream, Inc (HealthStream) provides workforce, patient experience and provider solutions for healthcare organizations. The Company operates in three segments: HealthStream Workforce Solutions, HealthStream Patient Experience Solutions and HealthStream Provider Solutions. HealthStream’s products and services are organized into three segments: Workforce Solutions, Patient Experience Solutions, and Provider Solutions.
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