Copeland Capital Management LLC Grows Holdings in HealthStream, Inc. (NASDAQ:HSTM)

Copeland Capital Management LLC raised its holdings in HealthStream, Inc. (NASDAQ:HSTM - Free Report) by 17,363.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 379,306 shares of the technology company's stock after purchasing an additional 377,134 shares during the period. Copeland Capital Management LLC owned 1.25% of HealthStream worth $12,062,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the business. Squarepoint Ops LLC acquired a new position in HealthStream in the 2nd quarter valued at about $683,000. AQR Capital Management LLC raised its position in shares of HealthStream by 32.4% in the second quarter. AQR Capital Management LLC now owns 128,036 shares of the technology company's stock valued at $3,572,000 after buying an additional 31,314 shares during the last quarter. The Manufacturers Life Insurance Company lifted its stake in shares of HealthStream by 10.0% during the second quarter. The Manufacturers Life Insurance Company now owns 9,671 shares of the technology company's stock valued at $270,000 after buying an additional 876 shares during the period. Creative Planning grew its stake in HealthStream by 21.4% in the 2nd quarter. Creative Planning now owns 10,476 shares of the technology company's stock worth $292,000 after acquiring an additional 1,849 shares during the period. Finally, Sanctuary Advisors LLC purchased a new stake in HealthStream in the 2nd quarter worth approximately $338,000. 69.58% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the company. JMP Securities restated a "market perform" rating on shares of HealthStream in a report on Thursday. Barclays lifted their price target on HealthStream from $32.00 to $34.00 and gave the company an "overweight" rating in a report on Wednesday, October 23rd. Craig Hallum raised shares of HealthStream to a "strong-buy" rating in a research report on Thursday, October 17th. Finally, Canaccord Genuity Group upped their price target on shares of HealthStream from $28.00 to $29.00 and gave the stock a "hold" rating in a research report on Wednesday, October 23rd. Two equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, HealthStream currently has an average rating of "Moderate Buy" and an average target price of $31.50.

HealthStream Trading Down 1.0 %

Shares of HealthStream stock traded down $0.34 during trading hours on Thursday, reaching $33.05. The stock had a trading volume of 98,252 shares, compared to its average volume of 115,273. The firm has a market capitalization of $1.01 billion, a price-to-earnings ratio of 50.85, a P/E/G ratio of 4.25 and a beta of 0.39. HealthStream, Inc. has a 1 year low of $23.92 and a 1 year high of $33.78. The firm has a 50 day simple moving average of $32.19 and a two-hundred day simple moving average of $30.35.

HealthStream 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.