Schroder Investment Management Group Has $7.80 Million Position in Addus HomeCare Co. (NASDAQ:ADUS)

Schroder Investment Management Group increased its position in shares of Addus HomeCare Co. (NASDAQ:ADUS - Free Report) by 22.8% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 61,727 shares of the company's stock after purchasing an additional 11,460 shares during the period. Schroder Investment Management Group owned approximately 0.34% of Addus HomeCare worth $7,795,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of ADUS. State Street Corp boosted its holdings in Addus HomeCare by 4.4% during the third quarter. State Street Corp now owns 663,610 shares of the company's stock worth $88,280,000 after buying an additional 27,990 shares in the last quarter. Principal Financial Group Inc. grew its holdings in Addus HomeCare by 17.5% during the 3rd quarter. Principal Financial Group Inc. now owns 505,853 shares of the company's stock worth $67,293,000 after acquiring an additional 75,409 shares during the last quarter. Geode Capital Management LLC lifted its holdings in Addus HomeCare by 7.1% in the third quarter. Geode Capital Management LLC now owns 423,934 shares of the company's stock valued at $56,406,000 after buying an additional 28,284 shares during the period. TimesSquare Capital Management LLC lifted its holdings in Addus HomeCare by 28.5% during the fourth quarter. TimesSquare Capital Management LLC now owns 355,750 shares of the company's stock worth $44,593,000 after acquiring an additional 78,835 shares in the last quarter. Finally, American Century Companies Inc. raised its position in Addus HomeCare by 695.8% in the 4th quarter. American Century Companies Inc. now owns 284,346 shares of the company's stock valued at $35,643,000 after buying an additional 248,613 shares during the last quarter. Institutional investors and hedge funds own 95.35% of the company's stock.

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Analysts Set New Price Targets

Several equities research analysts recently issued reports on ADUS shares. Stephens reiterated an "overweight" rating and issued a $142.00 price target on shares of Addus HomeCare in a research note on Wednesday, March 12th. Citizens Jmp upgraded shares of Addus HomeCare to a "strong-buy" rating in a report on Monday, December 16th. Oppenheimer boosted their price objective on Addus HomeCare from $145.00 to $150.00 and gave the company an "outperform" rating in a research note on Friday, January 24th. StockNews.com lowered shares of Addus HomeCare from a "buy" rating to a "hold" rating in a report on Wednesday, February 26th. Finally, JMP Securities initiated coverage on shares of Addus HomeCare in a report on Monday, December 16th. They set an "outperform" rating and a $150.00 target price on the stock. One analyst has rated the stock with a sell rating, one has given a hold rating, seven have given a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $132.78.

Addus HomeCare Stock Performance

ADUS stock traded up $4.68 during midday trading on Wednesday, reaching $101.00. 513,742 shares of the company were exchanged, compared to its average volume of 162,810. Addus HomeCare Co. has a 1-year low of $87.88 and a 1-year high of $136.72. The stock's 50-day simple moving average is $102.07 and its 200 day simple moving average is $118.51. The company has a market cap of $1.84 billion, a price-to-earnings ratio of 23.11, a price-to-earnings-growth ratio of 1.41 and a beta of 0.93.

Addus HomeCare (NASDAQ:ADUS - Get Free Report) last issued its quarterly earnings data on Monday, February 24th. The company reported $1.26 EPS for the quarter, missing analysts' consensus estimates of $1.35 by ($0.09). Addus HomeCare had a net margin of 6.50% and a return on equity of 9.62%. The business had revenue of $297.14 million during the quarter, compared to analyst estimates of $291.04 million. On average, research analysts anticipate that Addus HomeCare Co. will post 4.59 earnings per share for the current year.

Addus HomeCare Profile

Addus HomeCare Corporation, together with its subsidiaries, provides personal care services to elderly, chronically ill, disabled persons, and individuals who are at risk of hospitalization or institutionalization in the United States. The company operates through three segments: Personal Care, Hospice, and Home Health.