Segall Bryant & Hamill LLC Decreases Stock Holdings in HealthStream, Inc. (NASDAQ:HSTM)

Segall Bryant & Hamill LLC trimmed its stake in HealthStream, Inc. (NASDAQ:HSTM - Free Report) by 12.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 110,007 shares of the technology company's stock after selling 15,157 shares during the quarter. Segall Bryant & Hamill LLC owned 0.36% of HealthStream worth $3,498,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of HSTM. Vanguard Group Inc. lifted its position in HealthStream by 3.1% in the 4th quarter. Vanguard Group Inc. now owns 3,055,060 shares of the technology company's stock valued at $97,151,000 after acquiring an additional 92,067 shares in the last quarter. State Street Corp increased its holdings in HealthStream by 1.2% in the 3rd quarter. State Street Corp now owns 974,235 shares of the technology company's stock worth $28,097,000 after buying an additional 11,976 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of HealthStream by 2.9% during the third quarter. Geode Capital Management LLC now owns 674,764 shares of the technology company's stock valued at $19,463,000 after purchasing an additional 18,779 shares during the last quarter. Harbor Capital Advisors Inc. grew its position in HealthStream by 3.7% in the 4th quarter. Harbor Capital Advisors Inc. now owns 414,787 shares of the technology company's stock worth $13,190,000 after purchasing an additional 14,754 shares during the period. Finally, Copeland Capital Management LLC grew its holdings in shares of HealthStream by 17,363.4% in the fourth quarter. Copeland Capital Management LLC now owns 379,306 shares of the technology company's stock worth $12,062,000 after acquiring an additional 377,134 shares during the period. 69.58% of the stock is owned by hedge funds and other institutional investors.

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HealthStream Trading Up 0.3 %

HSTM traded up $0.10 on Tuesday, hitting $32.28. 143,883 shares of the company's stock traded hands, compared to its average volume of 129,713. HealthStream, Inc. has a one year low of $23.92 and a one year high of $34.24. The firm has a market cap of $982.41 million, a price-to-earnings ratio of 49.66, a P/E/G ratio of 4.37 and a beta of 0.37. The company's 50 day simple moving average is $32.61 and its 200-day simple moving average is $31.44.

HealthStream (NASDAQ:HSTM - Get Free Report) last released its quarterly earnings data on Monday, February 24th. The technology company reported $0.16 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $74.24 million for the quarter, compared to analysts' expectations of $73.55 million. During the same quarter last year, the business posted $0.14 earnings per share. As a group, equities analysts anticipate that HealthStream, Inc. will post 0.63 EPS for the current fiscal year.

HealthStream Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 21st. Shareholders of record on Monday, March 10th were issued a dividend of $0.031 per share. This represents a $0.12 annualized dividend and a dividend yield of 0.38%. The ex-dividend date of this dividend was Monday, March 10th. This is an increase from HealthStream's previous quarterly dividend of $0.03. HealthStream's dividend payout ratio is 18.18%.

Wall Street Analysts Forecast Growth

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

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.