Natixis Advisors LLC Makes New Investment in HealthStream, Inc. (NASDAQ:HSTM)

Natixis Advisors LLC bought a new position in HealthStream, Inc. (NASDAQ:HSTM - Free Report) in the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 10,410 shares of the technology company's stock, valued at approximately $331,000.

Several other institutional investors have also modified their holdings of HSTM. Charles Schwab Investment Management Inc. raised its holdings in shares of HealthStream by 2.2% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 223,262 shares of the technology company's stock valued at $7,100,000 after buying an additional 4,815 shares during the period. Bank of New York Mellon Corp increased its stake in HealthStream by 1.1% during the fourth quarter. Bank of New York Mellon Corp now owns 219,575 shares of the technology company's stock worth $6,982,000 after purchasing an additional 2,410 shares during the period. Sanctuary Advisors LLC lifted its position in shares of HealthStream by 4.8% during the fourth quarter. Sanctuary Advisors LLC now owns 15,445 shares of the technology company's stock worth $507,000 after purchasing an additional 708 shares in the last quarter. Principal Financial Group Inc. boosted its stake in shares of HealthStream by 3.6% in the fourth quarter. Principal Financial Group Inc. now owns 126,673 shares of the technology company's stock valued at $4,028,000 after purchasing an additional 4,407 shares during the period. Finally, Rhumbline Advisers grew its holdings in shares of HealthStream by 0.6% in the fourth quarter. Rhumbline Advisers now owns 74,468 shares of the technology company's stock valued at $2,368,000 after purchasing an additional 412 shares in the last quarter. Hedge funds and other institutional investors own 69.58% of the company's stock.

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Wall Street Analyst Weigh In

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

HealthStream Price Performance

Shares of HealthStream stock traded up $0.15 during trading on Monday, hitting $32.18. 176,646 shares of the stock were exchanged, compared to its average volume of 129,488. The firm's 50-day moving average price is $32.60 and its 200 day moving average price is $31.41. The stock has a market cap of $979.37 million, a price-to-earnings ratio of 49.51, a price-to-earnings-growth ratio of 4.37 and a beta of 0.37. HealthStream, Inc. has a 12-month low of $23.92 and a 12-month high of $34.24.

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

HealthStream Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 21st. Shareholders of record on Monday, March 10th were paid a $0.031 dividend. This is a positive change from HealthStream's previous quarterly dividend of $0.03. This represents a $0.12 annualized dividend and a yield of 0.39%. The ex-dividend date of this dividend was Monday, March 10th. HealthStream's dividend 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.