HealthStream, Inc. (NASDAQ:HSTM) Position Raised by Diversified Trust Co

Diversified Trust Co grew its position in shares of HealthStream, Inc. (NASDAQ:HSTM) by 20.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 8,733 shares of the technology company’s stock after acquiring an additional 1,486 shares during the quarter. Diversified Trust Co’s holdings in HealthStream were worth $278,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the company. American Century Companies Inc. grew its position in HealthStream by 12.8% in the 2nd quarter. American Century Companies Inc. now owns 36,966 shares of the technology company’s stock worth $1,031,000 after purchasing an additional 4,193 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in shares of HealthStream by 1.0% during the second quarter. Dimensional Fund Advisors LP now owns 1,570,735 shares of the technology company’s stock worth $43,824,000 after buying an additional 15,379 shares during the period. Hsbc Holdings PLC grew its holdings in HealthStream by 28.6% in the 2nd quarter. Hsbc Holdings PLC now owns 44,002 shares of the technology company’s stock worth $1,223,000 after buying an additional 9,796 shares in the last quarter. First Eagle Investment Management LLC increased its position in HealthStream by 7.1% in the 2nd quarter. First Eagle Investment Management LLC now owns 530,178 shares of the technology company’s stock valued at $14,792,000 after acquiring an additional 35,350 shares during the period. Finally, XTX Topco Ltd bought a new stake in HealthStream during the 2nd quarter valued at $214,000. Institutional investors own 69.58% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently issued reports on the company. Barclays increased their price target on HealthStream from $32.00 to $34.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 23rd. Craig Hallum upgraded shares of HealthStream to a “strong-buy” rating in a research report on Thursday, October 17th. Finally, Canaccord Genuity Group boosted their price target on shares of HealthStream from $28.00 to $29.00 and gave the stock a “hold” rating in a research report on Wednesday, October 23rd. One investment analyst has rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $31.50.

HealthStream Stock Down 3.4 %

Shares of HealthStream stock opened at $31.38 on Friday. The business has a fifty day simple moving average of $32.03 and a 200-day simple moving average of $29.85. HealthStream, Inc. has a fifty-two week low of $23.92 and a fifty-two week high of $33.52. The firm has a market cap of $954.42 million, a price-to-earnings ratio of 48.28, a price-to-earnings-growth ratio of 4.30 and a beta of 0.40.

HealthStream (NASDAQ:HSTM) last issued its quarterly earnings results on Monday, October 21st. The technology company reported $0.19 earnings per share for the quarter, beating analysts’ consensus estimates of $0.13 by $0.06. HealthStream had a net margin of 6.84% and a return on equity of 5.67%. The company had revenue of $73.10 million during the quarter, compared to the consensus estimate of $73.53 million. During the same period in the prior year, the company earned $0.13 EPS. HealthStream’s revenue was up 4.0% on a year-over-year basis. Analysts anticipate that HealthStream, Inc. will post 0.63 earnings per share for the current fiscal year.

HealthStream Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, November 15th. Shareholders of record on Monday, November 4th were given a $0.028 dividend. The ex-dividend date of this dividend was Monday, November 4th. This represents a $0.11 annualized dividend and a yield of 0.36%. HealthStream’s dividend payout ratio (DPR) is 16.92%.

HealthStream Company 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.