Integrated Quantitative Investments LLC Has $1.15 Million Position in HealthStream, Inc. $HSTM

Integrated Quantitative Investments LLC boosted its holdings in HealthStream, Inc. (NASDAQ:HSTM) by 13.4% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 41,426 shares of the technology company’s stock after acquiring an additional 4,895 shares during the quarter. Integrated Quantitative Investments LLC’s holdings in HealthStream were worth $1,146,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in HSTM. Nuveen LLC acquired a new position in shares of HealthStream in the 1st quarter worth approximately $2,380,000. Envestnet Asset Management Inc. grew its position in HealthStream by 186.3% in the first quarter. Envestnet Asset Management Inc. now owns 125,457 shares of the technology company’s stock valued at $4,037,000 after acquiring an additional 81,644 shares during the period. Diversified Trust Co grew its position in HealthStream by 18.8% in the second quarter. Diversified Trust Co now owns 10,900 shares of the technology company’s stock valued at $302,000 after acquiring an additional 1,726 shares during the period. Voya Investment Management LLC raised its stake in HealthStream by 109.7% during the first quarter. Voya Investment Management LLC now owns 25,738 shares of the technology company’s stock worth $828,000 after acquiring an additional 13,465 shares in the last quarter. Finally, Acadian Asset Management LLC lifted its holdings in shares of HealthStream by 5.1% during the second quarter. Acadian Asset Management LLC now owns 762,343 shares of the technology company’s stock valued at $21,077,000 after acquiring an additional 37,004 shares during the period. Institutional investors own 69.58% of the company’s stock.

HealthStream Trading Down 0.4%

Shares of NASDAQ HSTM opened at $24.47 on Friday. HealthStream, Inc. has a 1-year low of $24.07 and a 1-year high of $34.24. The company has a 50-day moving average of $26.91 and a two-hundred day moving average of $27.36. The company has a market cap of $725.98 million, a PE ratio of 36.52, a P/E/G ratio of 3.08 and a beta of 0.43.

HealthStream (NASDAQ:HSTM) last released its quarterly earnings results on Monday, November 3rd. The technology company reported $0.20 EPS for the quarter, beating the consensus estimate of $0.17 by $0.03. HealthStream had a net margin of 6.89% and a return on equity of 5.70%. The business had revenue of $76.47 million for the quarter, compared to analysts’ expectations of $75.52 million. HealthStream has set its FY 2025 guidance at EPS. As a group, equities research analysts forecast that HealthStream, Inc. will post 0.63 earnings per share for the current year.

HealthStream announced that its Board of Directors has authorized a stock buyback program on Tuesday, November 11th that permits the company to buyback $10.00 million in shares. This buyback authorization permits the technology company to repurchase up to 1.3% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s management believes its stock is undervalued.

HealthStream Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, November 28th. Stockholders of record on Monday, November 17th will be paid a $0.031 dividend. This represents a $0.12 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend is Monday, November 17th. HealthStream’s dividend payout ratio (DPR) is 17.65%.

Insider Buying and Selling at HealthStream

In other news, EVP Kevin P. O’hara sold 2,000 shares of the company’s stock in a transaction on Wednesday, August 27th. The stock was sold at an average price of $27.97, for a total transaction of $55,940.00. Following the transaction, the executive vice president owned 17,137 shares of the company’s stock, valued at $479,321.89. This represents a 10.45% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 20.50% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several research firms have recently weighed in on HSTM. Wall Street Zen upgraded shares of HealthStream from a “hold” rating to a “buy” rating in a research report on Saturday, November 8th. Weiss Ratings restated a “hold (c)” rating on shares of HealthStream in a research report on Wednesday, October 8th. Finally, Canaccord Genuity Group dropped their price objective on shares of HealthStream from $29.00 to $28.00 and set a “hold” rating for the company in a report on Thursday, August 7th. One equities research analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $28.00.

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.