Teacher Retirement System of Texas Purchases 22,738 Shares of Addus HomeCare Co. (NASDAQ:ADUS)

Teacher Retirement System of Texas boosted its position in Addus HomeCare Co. (NASDAQ:ADUS - Free Report) by 34.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 88,994 shares of the company's stock after purchasing an additional 22,738 shares during the quarter. Teacher Retirement System of Texas owned about 0.49% of Addus HomeCare worth $11,155,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently bought and sold shares of ADUS. Summit Place Financial Advisors LLC increased its holdings in shares of Addus HomeCare by 0.9% in the fourth quarter. Summit Place Financial Advisors LLC now owns 9,410 shares of the company's stock worth $1,180,000 after purchasing an additional 80 shares during the period. Janney Montgomery Scott LLC increased its stake in Addus HomeCare by 0.9% in the 4th quarter. Janney Montgomery Scott LLC now owns 10,691 shares of the company's stock worth $1,340,000 after acquiring an additional 91 shares during the last quarter. Parkside Financial Bank & Trust boosted its position in shares of Addus HomeCare by 38.6% during the 4th quarter. Parkside Financial Bank & Trust now owns 531 shares of the company's stock valued at $67,000 after acquiring an additional 148 shares during the last quarter. Exchange Traded Concepts LLC grew its holdings in shares of Addus HomeCare by 2.6% during the fourth quarter. Exchange Traded Concepts LLC now owns 5,923 shares of the company's stock worth $742,000 after purchasing an additional 150 shares in the last quarter. Finally, Heritage Family Offices LLP increased its position in shares of Addus HomeCare by 7.5% in the fourth quarter. Heritage Family Offices LLP now owns 2,274 shares of the company's stock worth $285,000 after purchasing an additional 159 shares during the last quarter. 95.35% of the stock is owned by institutional investors.

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Insiders Place Their Bets

In other news, CEO R Dirk Allison sold 25,000 shares of the company's stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $124.76, for a total value of $3,119,000.00. Following the sale, the chief executive officer now directly owns 79,397 shares of the company's stock, valued at $9,905,569.72. This represents a 23.95 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 4.60% of the company's stock.

Addus HomeCare Stock Performance

ADUS stock traded up $1.14 during trading on Wednesday, hitting $96.15. 233,703 shares of the company traded hands, compared to its average volume of 149,609. The company has a 50-day moving average of $110.45 and a 200-day moving average of $121.26. The firm has a market capitalization of $1.75 billion, a PE ratio of 22.00, a P/E/G ratio of 1.41 and a beta of 0.97. Addus HomeCare Co. has a 1 year low of $87.88 and a 1 year high of $136.72.

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

Wall Street Analyst Weigh In

ADUS has been the subject of a number of research reports. Stephens reissued an "overweight" rating and issued a $142.00 price target on shares of Addus HomeCare in a research note on Wednesday, March 12th. JMP Securities initiated coverage on shares of Addus HomeCare in a research report on Monday, December 16th. They issued an "outperform" rating and a $150.00 target price for the company. Macquarie restated an "outperform" rating and set a $129.00 price target on shares of Addus HomeCare in a research report on Thursday, February 27th. Oppenheimer upped their price objective on Addus HomeCare from $145.00 to $150.00 and gave the stock an "outperform" rating in a report on Friday, January 24th. Finally, StockNews.com cut Addus HomeCare from a "buy" rating to a "hold" rating in a report on Wednesday, February 26th. One research analyst has rated the stock with a sell rating, one has given a hold rating, seven have assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, Addus HomeCare has a consensus rating of "Moderate Buy" and a consensus target price of $132.78.

About Addus HomeCare

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.