HealthStream, Inc. (NASDAQ:HSTM) Given Consensus Rating of "Moderate Buy" by Brokerages

HealthStream, Inc. (NASDAQ:HSTM - Get Free Report) has earned an average rating of "Moderate Buy" from the five ratings firms that are covering the company, Marketbeat.com reports. Two analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating on the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $32.00.

HSTM has been the topic of several recent analyst reports. JMP Securities reiterated a "market perform" rating on shares of HealthStream in a report on Thursday, February 6th. Canaccord Genuity Group boosted their target price on shares of HealthStream from $29.00 to $30.00 and gave the company a "hold" rating in a report on Wednesday, February 26th. Finally, William Blair reiterated an "outperform" rating on shares of HealthStream in a report on Tuesday, February 25th.

Institutional Investors Weigh In On HealthStream

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Rhumbline Advisers raised its stake in shares of HealthStream by 0.6% in the 4th quarter. Rhumbline Advisers now owns 74,468 shares of the technology company's stock valued at $2,368,000 after acquiring an additional 412 shares during the period. Franklin Resources Inc. increased its stake in HealthStream by 0.9% during the 4th quarter. Franklin Resources Inc. now owns 44,672 shares of the technology company's stock worth $1,421,000 after buying an additional 413 shares during the period. Sterling Capital Management LLC increased its stake in HealthStream by 3.0% during the 4th quarter. Sterling Capital Management LLC now owns 15,814 shares of the technology company's stock worth $503,000 after buying an additional 459 shares during the period. Bridge City Capital LLC increased its stake in HealthStream by 0.9% during the 4th quarter. Bridge City Capital LLC now owns 59,254 shares of the technology company's stock worth $1,884,000 after buying an additional 535 shares during the period. Finally, Comerica Bank increased its stake in HealthStream by 7.1% during the 4th quarter. Comerica Bank now owns 9,373 shares of the technology company's stock worth $298,000 after buying an additional 618 shares during the period. 69.58% of the stock is owned by hedge funds and other institutional investors.

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HealthStream Price Performance

HSTM traded down $0.10 on Monday, reaching $33.13. 66,894 shares of the company's stock were exchanged, compared to its average volume of 131,570. The stock has a market cap of $1.01 billion, a PE ratio of 50.97, a P/E/G ratio of 4.37 and a beta of 0.39. HealthStream has a twelve month low of $23.92 and a twelve month high of $34.24. The stock's fifty day moving average price is $32.63 and its 200-day moving average price is $30.99.

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

HealthStream Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 21st. Stockholders of record on Monday, March 10th will be paid a $0.031 dividend. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.37%. This is an increase from HealthStream's previous quarterly dividend of $0.03. The ex-dividend date is Monday, March 10th. HealthStream's payout ratio is 18.18%.

About HealthStream

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.