HealthStream, Inc. (NASDAQ:HSTM) Shares Acquired by Nebula Research & Development LLC

Nebula Research & Development LLC increased its stake in shares of HealthStream, Inc. (NASDAQ:HSTM) by 45.8% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 17,578 shares of the technology company’s stock after acquiring an additional 5,518 shares during the period. Nebula Research & Development LLC owned approximately 0.06% of HealthStream worth $559,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Copeland Capital Management LLC grew its holdings in HealthStream by 17,363.4% during the 4th 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. Cerity Partners LLC boosted its position in HealthStream by 3,889.2% in the 4th quarter. Cerity Partners LLC now owns 300,070 shares of the technology company’s stock valued at $9,534,000 after buying an additional 292,548 shares during the last quarter. Norges Bank acquired a new stake in shares of HealthStream during the fourth quarter valued at about $3,649,000. Vanguard Group Inc. increased its position in shares of HealthStream by 3.1% during the fourth quarter. Vanguard Group Inc. now owns 3,055,060 shares of the technology company’s stock worth $97,151,000 after acquiring an additional 92,067 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership lifted its stake in shares of HealthStream by 47.5% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 221,609 shares of the technology company’s stock worth $7,047,000 after acquiring an additional 71,379 shares in the last quarter. Hedge funds and other institutional investors own 69.58% of the company’s stock.

HealthStream Trading Up 2.4 %

HSTM opened at $33.95 on Wednesday. HealthStream, Inc. has a twelve month low of $25.52 and a twelve month high of $34.24. The stock has a market cap of $1.04 billion, a PE ratio of 52.23, a price-to-earnings-growth ratio of 4.37 and a beta of 0.42. The business’s 50 day moving average is $32.19 and its 200-day moving average is $31.91.

HealthStream (NASDAQ:HSTM) last released its quarterly earnings results on Monday, February 24th. The technology company reported $0.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.13 by $0.03. HealthStream had a return on equity of 5.67% and a net margin of 6.84%. The company had revenue of $74.24 million during the quarter, compared to analysts’ expectations of $73.55 million. During the same quarter in the prior year, the business posted $0.14 earnings per share. As a group, analysts forecast that HealthStream, Inc. will post 0.63 EPS for the current 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 represents a $0.12 dividend on an annualized basis and a dividend yield of 0.37%. This is an increase from HealthStream’s previous quarterly dividend of $0.03. The ex-dividend date of this dividend was Monday, March 10th. HealthStream’s payout ratio is 18.18%.

Analyst Ratings Changes

Several equities research analysts have issued reports on the company. JMP Securities restated a “market perform” rating on shares of HealthStream in a report on Thursday, February 6th. William Blair reissued an “outperform” rating on shares of HealthStream in a report on Tuesday, February 25th. Finally, Canaccord Genuity Group upped their price target on HealthStream from $29.00 to $30.00 and gave the company a “hold” rating in a research report on Wednesday, February 26th. Two research 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 stock. Based on data from MarketBeat, HealthStream has an average rating of “Moderate Buy” and an average target price of $32.00.

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.