WINTON GROUP Ltd increased its holdings in Healthcare Services Group, Inc. (NASDAQ:HCSG) by 121.5% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 40,356 shares of the business services provider’s stock after purchasing an additional 22,136 shares during the quarter. WINTON GROUP Ltd owned 0.06% of Healthcare Services Group worth $2,178,000 as of its most recent filing with the Securities & Exchange Commission.
Other large investors have also modified their holdings of the company. Dai Ichi Life Insurance Company Ltd bought a new stake in Healthcare Services Group in the 3rd quarter worth $3,648,000. Axiom International Investors LLC DE grew its holdings in Healthcare Services Group by 95.8% in the 3rd quarter. Axiom International Investors LLC DE now owns 174,324 shares of the business services provider’s stock worth $9,408,000 after acquiring an additional 85,309 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in Healthcare Services Group by 34.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 107,314 shares of the business services provider’s stock worth $5,895,000 after acquiring an additional 27,329 shares during the last quarter. Legal & General Group Plc boosted its stake in shares of Healthcare Services Group by 3.9% during the 3rd quarter. Legal & General Group Plc now owns 145,743 shares of the business services provider’s stock valued at $7,870,000 after purchasing an additional 5,508 shares in the last quarter. Finally, Eagle Asset Management Inc. boosted its stake in shares of Healthcare Services Group by 4.6% during the 3rd quarter. Eagle Asset Management Inc. now owns 124,781 shares of the business services provider’s stock valued at $6,735,000 after purchasing an additional 5,454 shares in the last quarter. Institutional investors own 93.16% of the company’s stock.
In other news, insider Michael E. Mcbryan sold 22,500 shares of the business’s stock in a transaction that occurred on Friday, November 3rd. The shares were sold at an average price of $53.03, for a total transaction of $1,193,175.00. Following the completion of the transaction, the insider now directly owns 14,413 shares of the company’s stock, valued at $764,321.39. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Michael E. Mcbryan sold 800 shares of the business’s stock in a transaction that occurred on Wednesday, November 1st. The shares were sold at an average price of $53.00, for a total transaction of $42,400.00. Following the transaction, the executive vice president now directly owns 14,413 shares of the company’s stock, valued at $763,889. The disclosure for this sale can be found here. 4.30% of the stock is owned by insiders.
Healthcare Services Group, Inc. (HCSG) opened at $51.15 on Monday. The stock has a market cap of $3,747.91, a PE ratio of 42.98, a price-to-earnings-growth ratio of 3.74 and a beta of 0.62. Healthcare Services Group, Inc. has a twelve month low of $37.54 and a twelve month high of $55.68.
Healthcare Services Group (NASDAQ:HCSG) last issued its earnings results on Tuesday, October 17th. The business services provider reported $0.31 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.31. The business had revenue of $491.40 million during the quarter, compared to analysts’ expectations of $485.53 million. Healthcare Services Group had a net margin of 5.00% and a return on equity of 24.17%. The business’s revenue for the quarter was up 25.1% compared to the same quarter last year. During the same period in the previous year, the company earned $0.27 earnings per share. analysts predict that Healthcare Services Group, Inc. will post 1.24 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 22nd. Stockholders of record on Friday, November 17th will be issued a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a dividend yield of 1.49%. This is a boost from Healthcare Services Group’s previous quarterly dividend of $0.19. The ex-dividend date is Thursday, November 16th. Healthcare Services Group’s payout ratio is presently 63.87%.
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About Healthcare Services Group
Healthcare Services Group, Inc provides management, administrative and operating services to the housekeeping, laundry, linen, facility maintenance and dietary service departments of the healthcare industry, including nursing homes, retirement complexes, rehabilitation centers and hospitals located throughout the United States.
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