Thrivent Financial For Lutherans lifted its position in shares of HealthStream, Inc. (NASDAQ:HSTM) by 95.2% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 30,387 shares of the technology company’s stock after buying an additional 14,817 shares during the quarter. Thrivent Financial For Lutherans’ holdings in HealthStream were worth $704,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in HSTM. BlackRock Inc. lifted its stake in HealthStream by 3.9% in the 4th quarter. BlackRock Inc. now owns 3,364,652 shares of the technology company’s stock worth $77,925,000 after purchasing an additional 127,152 shares in the last quarter. Conestoga Capital Advisors LLC lifted its stake in HealthStream by 17.2% in the 4th quarter. Conestoga Capital Advisors LLC now owns 1,755,050 shares of the technology company’s stock worth $40,647,000 after purchasing an additional 257,400 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in HealthStream by 4.4% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,239,449 shares of the technology company’s stock worth $28,966,000 after purchasing an additional 51,900 shares in the last quarter. Bank of New York Mellon Corp lifted its stake in HealthStream by 3.9% in the 3rd quarter. Bank of New York Mellon Corp now owns 324,878 shares of the technology company’s stock worth $7,592,000 after purchasing an additional 12,242 shares in the last quarter. Finally, Kennedy Capital Management Inc. lifted its stake in HealthStream by 9.3% in the 4th quarter. Kennedy Capital Management Inc. now owns 290,151 shares of the technology company’s stock worth $6,720,000 after purchasing an additional 24,793 shares in the last quarter. Institutional investors own 71.03% of the company’s stock.
HSTM has been the topic of several research analyst reports. ValuEngine cut shares of HealthStream from a “hold” rating to a “sell” rating in a research note on Thursday, March 1st. Cantor Fitzgerald reiterated a “hold” rating and issued a $24.00 price target on shares of HealthStream in a research note on Monday, February 12th. Barrington Research reiterated a “buy” rating and issued a $32.00 price target on shares of HealthStream in a research note on Monday, February 26th. Zacks Investment Research upgraded shares of HealthStream from a “sell” rating to a “hold” rating in a research note on Wednesday, February 7th. Finally, William Blair reiterated an “outperform” rating on shares of HealthStream in a research note on Tuesday, February 13th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and four have assigned a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $25.86.
Shares of HealthStream stock opened at $24.36 on Friday. HealthStream, Inc. has a fifty-two week low of $21.15 and a fifty-two week high of $31.53. The firm has a market cap of $780.49, a PE ratio of 101.50, a PEG ratio of 5.44 and a beta of 0.83.
HealthStream (NASDAQ:HSTM) last posted its earnings results on Tuesday, February 20th. The technology company reported $0.04 earnings per share for the quarter, topping analysts’ consensus estimates of $0.03 by $0.01. HealthStream had a net margin of 4.04% and a return on equity of 2.73%. The firm had revenue of $62.76 million for the quarter, compared to the consensus estimate of $61.98 million. equities analysts forecast that HealthStream, Inc. will post 0.28 EPS for the current year.
The firm also recently announced a special dividend, which will be paid on Tuesday, April 3rd. Stockholders of record on Tuesday, March 6th will be issued a $1.00 dividend. 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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