HealthStream, Inc. (NASDAQ:HSTM) Stake Boosted by Barclays PLC

Barclays PLC boosted its stake in HealthStream, Inc. (NASDAQ:HSTM - Free Report) by 145.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 58,838 shares of the technology company's stock after purchasing an additional 34,821 shares during the period. Barclays PLC owned approximately 0.19% of HealthStream worth $1,697,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the stock. Quarry LP acquired a new stake in shares of HealthStream in the third quarter valued at about $27,000. GAMMA Investing LLC boosted its holdings in HealthStream by 36.0% in the 3rd quarter. GAMMA Investing LLC now owns 1,355 shares of the technology company's stock worth $39,000 after acquiring an additional 359 shares during the period. Point72 DIFC Ltd acquired a new stake in HealthStream in the second quarter valued at approximately $38,000. Copeland Capital Management LLC acquired a new position in shares of HealthStream during the third quarter worth $63,000. Finally, CWM LLC lifted its position in shares of HealthStream by 64.2% during the third quarter. CWM LLC now owns 4,448 shares of the technology company's stock worth $128,000 after purchasing an additional 1,739 shares in the last quarter. 69.58% of the stock is owned by hedge funds and other institutional investors.

HealthStream Stock Performance

Shares of HealthStream stock traded down $1.09 during trading on Friday, reaching $31.38. The company had a trading volume of 93,134 shares, compared to its average volume of 123,956. The company has a market cap of $954.42 million, a price-to-earnings ratio of 48.28, a price-to-earnings-growth ratio of 4.30 and a beta of 0.40. HealthStream, Inc. has a fifty-two week low of $23.92 and a fifty-two week high of $33.52. The firm's fifty day moving average is $32.03 and its 200-day moving average is $29.85.

HealthStream (NASDAQ:HSTM - Get Free Report) last announced its quarterly earnings data on Monday, October 21st. The technology company reported $0.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.06. The firm had revenue of $73.10 million for the quarter, compared to analysts' expectations of $73.53 million. HealthStream had a return on equity of 5.67% and a net margin of 6.84%. HealthStream's revenue for the quarter was up 4.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.13 earnings per share. On average, research analysts anticipate that HealthStream, Inc. will post 0.63 EPS for the current fiscal year.

HealthStream Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, November 15th. Shareholders of record on Monday, November 4th were paid a dividend of $0.028 per share. The ex-dividend date was Monday, November 4th. This represents a $0.11 annualized dividend and a yield of 0.36%. HealthStream's payout ratio is 16.92%.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on HSTM shares. Craig Hallum raised shares of HealthStream to a "strong-buy" rating in a research note on Thursday, October 17th. Canaccord Genuity Group lifted their target price on HealthStream from $28.00 to $29.00 and gave the stock a "hold" rating in a research report on Wednesday, October 23rd. Finally, Barclays boosted their price target on HealthStream from $32.00 to $34.00 and gave the stock an "overweight" rating in a research note on Wednesday, October 23rd. One investment analyst has rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of "Buy" and a consensus target price of $31.50.

HealthStream Company Profile

HealthStream, Inc provides Software-as-a-Service (SaaS) based applications for healthcare organizations in the United States. The company's solutions help healthcare organizations in meeting their ongoing clinical development, talent management, training, education, assessment, competency management, safety and compliance, and scheduling, as well as provider credentialing, privileging, and enrollment needs.