Chicago Capital Management LLC grew its stake in Almost Family Inc (NASDAQ:AFAM) by 80.3% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 368,908 shares of the company’s stock after acquiring an additional 164,306 shares during the period. Almost Family comprises 8.1% of Chicago Capital Management LLC’s investment portfolio, making the stock its 5th biggest holding. Chicago Capital Management LLC owned approximately 2.64% of Almost Family worth $20,779,000 as of its most recent filing with the SEC.
Other institutional investors also recently added to or reduced their stakes in the company. Stone Ridge Asset Management LLC purchased a new stake in shares of Almost Family in the 4th quarter valued at approximately $226,000. Teacher Retirement System of Texas purchased a new stake in shares of Almost Family in the 4th quarter valued at approximately $230,000. Renaissance Technologies LLC purchased a new stake in shares of Almost Family in the 4th quarter valued at approximately $244,000. Jane Street Group LLC acquired a new position in shares of Almost Family in the fourth quarter valued at approximately $260,000. Finally, MetLife Investment Advisors LLC acquired a new position in shares of Almost Family in the fourth quarter valued at approximately $341,000. 84.64% of the stock is currently owned by institutional investors and hedge funds.
NASDAQ AFAM opened at $56.00 on Friday. The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of 0.21. Almost Family Inc has a 52 week low of $40.15 and a 52 week high of $66.15. The company has a market cap of $783.59 million, a price-to-earnings ratio of 26.67, a PEG ratio of 1.15 and a beta of 0.58.
Almost Family (NASDAQ:AFAM) last posted its quarterly earnings results on Monday, February 26th. The company reported $0.58 EPS for the quarter, hitting the consensus estimate of $0.58. Almost Family had a net margin of 2.56% and a return on equity of 5.88%. The company had revenue of $200.62 million during the quarter, compared to analysts’ expectations of $203.44 million. During the same quarter in the previous year, the business posted $0.59 EPS. The firm’s revenue was up 30.8% on a year-over-year basis. research analysts expect that Almost Family Inc will post 2.87 EPS for the current fiscal year.
A number of research analysts recently weighed in on AFAM shares. BidaskClub upgraded shares of Almost Family from a “strong sell” rating to a “sell” rating in a report on Friday, January 19th. Royal Bank of Canada restated a “hold” rating and issued a $59.00 price objective on shares of Almost Family in a report on Tuesday, February 27th. Zacks Investment Research upgraded shares of Almost Family from a “sell” rating to a “hold” rating in a report on Thursday, March 1st. Finally, JPMorgan Chase dropped their price objective on shares of Almost Family from $59.00 to $56.00 and set a “neutral” rating for the company in a report on Monday, March 5th. One analyst has rated the stock with a sell rating, five have given a hold rating, one has assigned a buy rating and one has given a strong buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $62.50.
About Almost Family
Almost Family, Inc is a provider of home healthcare services. The Company has two divisions: Home Health and Healthcare Innovations (HCI). The Home Health division consists of two segments: Visiting Nurse Services (VN or Visiting Nurse) and Personal Care Services (PC or Personal Care). The VN segment provides a range of Medicare-certified home health nursing services to patients in need of recuperative care, following a period of hospitalization or care in another type of inpatient facility.
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