HealthStream, Inc. (NASDAQ:HSTM) Shares Purchased by Vanguard Group Inc.

Vanguard Group Inc. lifted its position in shares of HealthStream, Inc. (NASDAQ:HSTM - Free Report) by 3.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,055,060 shares of the technology company's stock after acquiring an additional 92,067 shares during the quarter. Vanguard Group Inc. owned approximately 10.04% of HealthStream worth $97,151,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Copeland Capital Management LLC boosted its stake in shares of HealthStream by 17,363.4% during the fourth quarter. Copeland Capital Management LLC now owns 379,306 shares of the technology company's stock valued at $12,062,000 after purchasing an additional 377,134 shares in the last quarter. Teacher Retirement System of Texas boosted its position in HealthStream by 128.1% during the 4th quarter. Teacher Retirement System of Texas now owns 79,364 shares of the technology company's stock worth $2,524,000 after buying an additional 44,571 shares during the period. Annex Advisory Services LLC bought a new stake in HealthStream during the 4th quarter worth approximately $1,149,000. Sei Investments Co. increased its position in HealthStream by 17.6% in the 4th quarter. Sei Investments Co. now owns 234,210 shares of the technology company's stock valued at $7,448,000 after acquiring an additional 35,075 shares during the period. Finally, Barclays PLC raised its stake in shares of HealthStream by 145.0% during the third quarter. Barclays PLC now owns 58,838 shares of the technology company's stock valued at $1,697,000 after acquiring an additional 34,821 shares during the last quarter. Institutional investors own 69.58% of the company's stock.

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Analyst Ratings Changes

A number of analysts have commented on HSTM shares. Canaccord Genuity Group upped 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 reissued an "outperform" rating on shares of HealthStream in a report on Tuesday, February 25th. Finally, JMP Securities restated a "market perform" rating on shares of HealthStream in a research note on Thursday, February 6th. Two investment 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. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $32.00.

HealthStream Stock Performance

Shares of NASDAQ HSTM traded up $0.21 during mid-day trading on Tuesday, hitting $32.59. The stock had a trading volume of 8,857 shares, compared to its average volume of 132,924. The company has a 50 day moving average of $32.39 and a two-hundred day moving average of $31.64. The firm has a market cap of $991.90 million, a PE ratio of 50.15, a PEG ratio of 4.37 and a beta of 0.42. HealthStream, Inc. has a twelve month low of $23.92 and a twelve month high of $34.24.

HealthStream (NASDAQ:HSTM - Get Free Report) last issued its earnings results on Monday, February 24th. The technology company reported $0.16 EPS for the quarter, beating 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 firm had revenue of $74.24 million for the quarter, compared to analyst estimates of $73.55 million. During the same quarter in the prior year, the firm earned $0.14 earnings per share. Equities research analysts predict that HealthStream, Inc. will post 0.63 EPS for the current fiscal 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 given a dividend of $0.031 per share. This is an increase from HealthStream's previous quarterly dividend of $0.03. This represents a $0.12 annualized dividend and a yield of 0.38%. The ex-dividend date of this dividend was Monday, March 10th. HealthStream's dividend payout ratio (DPR) 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.