Strs Ohio Invests $594,000 in Viemed Healthcare, Inc. (NASDAQ:VMD)

Strs Ohio bought a new position in shares of Viemed Healthcare, Inc. (NASDAQ:VMD) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 60,800 shares of the company’s stock, valued at approximately $594,000. Strs Ohio owned 0.16% of Viemed Healthcare at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in VMD. Panagora Asset Management Inc. bought a new position in shares of Viemed Healthcare during the first quarter worth approximately $145,000. BlackRock Inc. increased its stake in Viemed Healthcare by 1.2% during the 1st quarter. BlackRock Inc. now owns 2,240,571 shares of the company’s stock worth $11,158,000 after acquiring an additional 26,045 shares during the period. Dimensional Fund Advisors LP increased its stake in Viemed Healthcare by 17.6% during the 1st quarter. Dimensional Fund Advisors LP now owns 107,801 shares of the company’s stock worth $537,000 after acquiring an additional 16,114 shares during the period. Vanguard Group Inc. increased its stake in Viemed Healthcare by 1.8% during the 1st quarter. Vanguard Group Inc. now owns 1,267,414 shares of the company’s stock worth $6,311,000 after acquiring an additional 22,148 shares during the period. Finally, Wasatch Advisors Inc. bought a new position in Viemed Healthcare during the 1st quarter worth $1,589,000. Institutional investors own 69.76% of the company’s stock.

Viemed Healthcare Price Performance

Viemed Healthcare stock opened at $6.04 on Friday. The stock’s fifty day moving average price is $7.12 and its two-hundred day moving average price is $8.76. Viemed Healthcare, Inc. has a one year low of $5.91 and a one year high of $12.01. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.14 and a quick ratio of 1.00. The firm has a market cap of $231.21 million, a PE ratio of 31.79 and a beta of 1.46.

Viemed Healthcare (NASDAQ:VMD) last posted its quarterly earnings data on Wednesday, August 9th. The company reported $0.06 EPS for the quarter. Viemed Healthcare had a return on equity of 7.42% and a net margin of 4.70%. The firm had revenue of $43.31 million for the quarter.

Viemed Healthcare Profile

Viemed Healthcare, Inc, through its subsidiaries, provides in-home durable medical equipment (DME) and post-acute respiratory healthcare services to patients in the United States. It provides respiratory disease management solutions, including treatment of chronic obstructive pulmonary disease (COPD), which include non-invasive ventilation, percussion vests, and other therapies; and invasive and non-invasive ventilation and related equipment and supplies to patients suffering from COPD.