Thomson Horstmann & Bryant Inc. lowered its position in HealthStream, Inc. (NASDAQ:HSTM) by 1.4% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 366,394 shares of the technology company’s stock after selling 5,130 shares during the period. Thomson Horstmann & Bryant Inc. owned approximately 1.15% of HealthStream worth $8,877,000 at the end of the most recent quarter.
A number of other large investors also recently modified their holdings of the company. Municipal Employees Retirement System of Michigan raised its stake in shares of HealthStream by 1.7% in the third quarter. Municipal Employees Retirement System of Michigan now owns 5,420 shares of the technology company’s stock worth $150,000 after buying an additional 90 shares in the last quarter. Wells Fargo & Company MN increased its stake in shares of HealthStream by 1.8% in the third quarter. Wells Fargo & Company MN now owns 9,081 shares of the technology company’s stock worth $251,000 after buying an additional 160 shares in the last quarter. Louisiana State Employees Retirement System increased its stake in shares of HealthStream by 2.0% in the first quarter. Louisiana State Employees Retirement System now owns 10,400 shares of the technology company’s stock worth $252,000 after buying an additional 200 shares in the last quarter. Capstone Asset Management Co. increased its stake in shares of HealthStream by 0.4% in the third quarter. Capstone Asset Management Co. now owns 11,083 shares of the technology company’s stock worth $306,000 after buying an additional 40 shares in the last quarter. Finally, Arizona State Retirement System increased its stake in shares of HealthStream by 3.9% in the third quarter. Arizona State Retirement System now owns 13,164 shares of the technology company’s stock worth $363,000 after buying an additional 500 shares in the last quarter. 74.53% of the stock is currently owned by hedge funds and other institutional investors.
HealthStream, Inc. (NASDAQ:HSTM) traded up 0.21% on Thursday, reaching $23.97. The company had a trading volume of 76,909 shares. The stock has a market capitalization of $761.69 million, a P/E ratio of 203.14 and a beta of 1.19. The stock’s 50-day moving average price is $23.45 and its 200-day moving average price is $24.47. HealthStream, Inc. has a 12-month low of $19.95 and a 12-month high of $28.84.
HealthStream (NASDAQ:HSTM) last announced its quarterly earnings data on Tuesday, February 21st. The technology company reported $0.02 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.04 by $0.02. The firm had revenue of $58.70 million for the quarter, compared to analysts’ expectations of $60.67 million. HealthStream had a net margin of 2.63% and a return on equity of 3.13%. The business’s quarterly revenue was up 5.0% on a year-over-year basis. During the same period in the prior year, the business posted $0.06 earnings per share. On average, equities research analysts anticipate that HealthStream, Inc. will post $0.22 EPS for the current fiscal year.
HSTM has been the topic of a number of analyst reports. Zacks Investment Research upgraded shares of HealthStream from a “hold” rating to a “buy” rating and set a $25.00 price target on the stock in a research report on Wednesday, January 25th. Needham & Company LLC restated a “buy” rating and set a $28.00 target price on shares of HealthStream in a report on Thursday, February 23rd. Canaccord Genuity restated a “hold” rating and set a $24.00 target price on shares of HealthStream in a report on Friday, February 17th. Finally, Cantor Fitzgerald initiated coverage on shares of HealthStream in a research note on Thursday, January 5th. They set a “neutral” rating and a $27.00 price target for the company. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $26.33.
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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