Geode Capital Management LLC Has $22.08 Million Stock Holdings in HealthStream, Inc. (NASDAQ:HSTM)

Geode Capital Management LLC increased its stake in shares of HealthStream, Inc. (NASDAQ:HSTM - Free Report) by 2.9% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 694,274 shares of the technology company's stock after buying an additional 19,510 shares during the period. Geode Capital Management LLC owned 2.28% of HealthStream worth $22,082,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. New Age Alpha Advisors LLC bought a new stake in shares of HealthStream during the fourth quarter worth approximately $80,000. Meeder Asset Management Inc. acquired a new stake in HealthStream during the 4th quarter worth approximately $114,000. Lee Danner & Bass Inc. bought a new stake in HealthStream in the 4th quarter valued at $183,000. Woodmont Investment Counsel LLC acquired a new position in HealthStream in the 4th quarter valued at $275,000. Finally, Diversified Trust Co increased its position in HealthStream by 20.5% during the 4th quarter. Diversified Trust Co now owns 8,733 shares of the technology company's stock worth $278,000 after buying an additional 1,486 shares during the period. Institutional investors and hedge funds own 69.58% of the company's stock.

Wall Street Analyst Weigh In

HSTM has been the subject of a number of recent research reports. William Blair reissued an "outperform" rating on shares of HealthStream in a research report on Tuesday, February 25th. Canaccord Genuity Group increased their target price on shares of HealthStream from $29.00 to $30.00 and gave the stock a "hold" rating in a research report on Wednesday, February 26th. Finally, JMP Securities reaffirmed a "market perform" rating on shares of HealthStream in a report on Thursday, February 6th. Two investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, HealthStream presently has a consensus rating of "Moderate Buy" and a consensus price target of $32.00.

HealthStream Price Performance

HSTM traded up $0.66 on Thursday, hitting $33.22. 28,183 shares of the stock were exchanged, compared to its average volume of 131,771. The firm has a market capitalization of $1.01 billion, a price-to-earnings ratio of 50.94, a PEG ratio of 4.37 and a beta of 0.42. HealthStream, Inc. has a 12 month low of $25.39 and a 12 month high of $34.24. The business has a 50-day moving average of $32.22 and a two-hundred day moving average of $31.75.

HealthStream (NASDAQ:HSTM - Get Free Report) last posted its quarterly earnings results on Monday, February 24th. The technology company reported $0.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.13 by $0.03. HealthStream had a net margin of 6.84% and a return on equity of 5.67%. The business had revenue of $74.24 million for the quarter, compared to analyst estimates of $73.55 million. During the same quarter last year, the business posted $0.14 EPS. Equities research analysts expect that HealthStream, Inc. will post 0.63 earnings per share for the current fiscal year.

HealthStream Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 21st. Stockholders of record on Monday, March 10th were issued a dividend of $0.031 per share. The ex-dividend date of this dividend was Monday, March 10th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.37%. This is a boost from HealthStream's previous quarterly dividend of $0.03. HealthStream's payout ratio is 18.18%.

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.