HealthStream, Inc. (HSTM) Holdings Boosted by Geode Capital Management LLC

Geode Capital Management LLC grew its holdings in HealthStream, Inc. (NASDAQ:HSTM) by 5.3% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 337,240 shares of the technology company’s stock after buying an additional 16,825 shares during the period. Geode Capital Management LLC owned 1.04% of HealthStream worth $8,144,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Citigroup Inc. raised its position in shares of HealthStream by 2.5% in the fourth quarter. Citigroup Inc. now owns 17,537 shares of the technology company’s stock valued at $424,000 after buying an additional 434 shares during the last quarter. PNC Financial Services Group Inc. raised its position in shares of HealthStream by 8.5% in the fourth quarter. PNC Financial Services Group Inc. now owns 5,713 shares of the technology company’s stock valued at $139,000 after buying an additional 449 shares during the last quarter. Texas Permanent School Fund raised its position in shares of HealthStream by 4.0% in the fourth quarter. Texas Permanent School Fund now owns 16,711 shares of the technology company’s stock valued at $404,000 after buying an additional 644 shares during the last quarter. OLD National Bancorp IN raised its position in shares of HealthStream by 12.9% in the fourth quarter. OLD National Bancorp IN now owns 11,019 shares of the technology company’s stock valued at $266,000 after buying an additional 1,256 shares during the last quarter. Finally, Stephens Inc. AR raised its position in shares of HealthStream by 22.6% in the fourth quarter. Stephens Inc. AR now owns 8,251 shares of the technology company’s stock valued at $199,000 after buying an additional 1,523 shares during the last quarter. Institutional investors and hedge funds own 71.95% of the company’s stock.

A number of brokerages have recently commented on HSTM. BidaskClub cut shares of HealthStream from a “buy” rating to a “hold” rating in a research report on Friday, April 5th. Cantor Fitzgerald reiterated a “hold” rating and issued a $26.00 target price on shares of HealthStream in a research report on Tuesday, February 19th. Zacks Investment Research cut shares of HealthStream from a “buy” rating to a “hold” rating in a research report on Friday, January 18th. TheStreet upgraded shares of HealthStream from a “c+” rating to a “b-” rating in a research report on Wednesday, February 27th. Finally, ValuEngine upgraded shares of HealthStream from a “hold” rating to a “buy” rating in a research report on Monday, April 1st. Six investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $26.80.

HealthStream stock opened at $28.06 on Wednesday. HealthStream, Inc. has a 12-month low of $23.06 and a 12-month high of $31.86. The stock has a market cap of $921.77 million, a P/E ratio of 65.26, a PEG ratio of 6.22 and a beta of 0.74.

HealthStream (NASDAQ:HSTM) last released its quarterly earnings data on Tuesday, February 19th. The technology company reported $0.09 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.05 by $0.04. HealthStream had a net margin of 13.91% and a return on equity of 4.39%. The firm had revenue of $59.83 million during the quarter, compared to analysts’ expectations of $58.96 million. During the same period last year, the business earned $0.10 earnings per share. HealthStream’s revenue was up 8.3% compared to the same quarter last year. Analysts predict that HealthStream, Inc. will post 0.31 EPS for the current year.

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HealthStream Company Profile

HealthStream, Inc provides workforce and provider solutions for healthcare organizations in the United States. It operates through two segments, Workforce Solutions and Provider Solutions. The company offers workforce solutions, including software-as-a-service (SaaS) based services and subscription-based solutions to meet the training, certification, assessment, development, clinical development, talent management, performance appraisal, and other needs, as well as training, implementation, and account management services for the healthcare community.

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Institutional Ownership by Quarter for HealthStream (NASDAQ:HSTM)

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