Integrated Quantitative Investments LLC Invests $1.28 Million in HealthStream, Inc. (NASDAQ:HSTM)

Integrated Quantitative Investments LLC bought a new stake in HealthStream, Inc. (NASDAQ:HSTM - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 40,232 shares of the technology company's stock, valued at approximately $1,279,000. Integrated Quantitative Investments LLC owned approximately 0.13% of HealthStream at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. Charles Schwab Investment Management Inc. grew its stake in HealthStream by 3.2% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 218,447 shares of the technology company's stock valued at $6,300,000 after acquiring an additional 6,832 shares in the last quarter. FMR LLC grew its position in shares of HealthStream by 24.0% in the third quarter. FMR LLC now owns 119,067 shares of the technology company's stock valued at $3,434,000 after purchasing an additional 23,055 shares in the last quarter. BNP Paribas Financial Markets increased its holdings in shares of HealthStream by 36.4% in the third quarter. BNP Paribas Financial Markets now owns 15,945 shares of the technology company's stock valued at $460,000 after purchasing an additional 4,257 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in HealthStream by 25.5% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 18,068 shares of the technology company's stock worth $521,000 after buying an additional 3,673 shares in the last quarter. Finally, Centiva Capital LP acquired a new position in HealthStream during the third quarter worth $260,000. 69.58% of the stock is owned by institutional investors and hedge funds.

Remove Ads

Analyst Ratings Changes

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

HealthStream Trading Up 0.5 %

NASDAQ HSTM traded up $0.16 during trading hours on Wednesday, reaching $31.06. The company had a trading volume of 42,389 shares, compared to its average volume of 151,408. The stock has a market capitalization of $945.28 million, a P/E ratio of 47.79, a price-to-earnings-growth ratio of 4.37 and a beta of 0.42. The stock has a 50-day moving average of $32.50 and a 200 day moving average of $31.52. HealthStream, Inc. has a 1-year low of $23.92 and a 1-year high of $34.24.

HealthStream (NASDAQ:HSTM - Get Free Report) last issued its quarterly earnings data on Monday, February 24th. The technology company reported $0.16 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 firm had revenue of $74.24 million for the quarter, compared to analyst estimates of $73.55 million. During the same period in the prior year, the business posted $0.14 EPS. As a group, sell-side analysts predict that HealthStream, Inc. will post 0.63 EPS for the current year.

HealthStream Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 21st. Investors of record on Monday, March 10th were issued a $0.031 dividend. This represents a $0.12 annualized dividend and a dividend yield of 0.40%. 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 payout ratio is currently 18.18%.

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.