Zurcher Kantonalbank Zurich Cantonalbank Has $382,000 Stock Position in Addus HomeCare Co. (NASDAQ:ADUS)

Zurcher Kantonalbank Zurich Cantonalbank lowered its position in Addus HomeCare Co. (NASDAQ:ADUS) by 55.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,112 shares of the company’s stock after selling 5,166 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Addus HomeCare were worth $382,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the company. TimesSquare Capital Management LLC lifted its position in Addus HomeCare by 55.0% in the third quarter. TimesSquare Capital Management LLC now owns 233,758 shares of the company’s stock worth $19,914,000 after purchasing an additional 82,920 shares during the period. Vanguard Group Inc. raised its stake in shares of Addus HomeCare by 4.9% in the 3rd quarter. Vanguard Group Inc. now owns 1,218,564 shares of the company’s stock valued at $103,809,000 after buying an additional 57,040 shares in the last quarter. Jacobs Levy Equity Management Inc. raised its stake in shares of Addus HomeCare by 127.7% in the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 100,158 shares of the company’s stock valued at $8,532,000 after buying an additional 56,171 shares in the last quarter. Assenagon Asset Management S.A. lifted its holdings in shares of Addus HomeCare by 221.0% during the 3rd quarter. Assenagon Asset Management S.A. now owns 71,321 shares of the company’s stock worth $6,076,000 after acquiring an additional 49,101 shares during the period. Finally, Summit Creek Advisors LLC boosted its position in shares of Addus HomeCare by 14.5% during the 3rd quarter. Summit Creek Advisors LLC now owns 288,158 shares of the company’s stock valued at $24,548,000 after acquiring an additional 36,578 shares in the last quarter. Institutional investors and hedge funds own 95.35% of the company’s stock.

Addus HomeCare Stock Down 0.2 %

Shares of ADUS opened at $98.20 on Friday. The business’s 50 day simple moving average is $98.27 and its 200-day simple moving average is $92.19. Addus HomeCare Co. has a one year low of $77.30 and a one year high of $104.61. The company has a market capitalization of $1.61 billion, a P/E ratio of 25.57, a PEG ratio of 1.94 and a beta of 0.96. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.38 and a quick ratio of 1.38.

Addus HomeCare (NASDAQ:ADUS) last posted its quarterly earnings data on Monday, February 26th. The company reported $1.21 EPS for the quarter, topping analysts’ consensus estimates of $1.04 by $0.17. The company had revenue of $276.35 million for the quarter, compared to analyst estimates of $274.02 million. Addus HomeCare had a return on equity of 9.70% and a net margin of 5.91%. As a group, sell-side analysts predict that Addus HomeCare Co. will post 4.38 EPS for the current fiscal year.

Wall Street Analyst Weigh In

ADUS has been the subject of several recent research reports. Royal Bank of Canada reissued an “outperform” rating and issued a $102.00 price target on shares of Addus HomeCare in a research report on Thursday, February 29th. Barclays downgraded Addus HomeCare from an “equal weight” rating to an “underweight” rating and set a $83.00 target price for the company. in a research report on Tuesday, April 23rd. William Blair reiterated an “outperform” rating on shares of Addus HomeCare in a research report on Monday, February 5th. Finally, Oppenheimer reissued an “outperform” rating and set a $118.00 price objective on shares of Addus HomeCare in a report on Tuesday, March 26th. One investment analyst has rated the stock with a sell rating and seven have given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $103.00.

Addus HomeCare Company Profile

Addus HomeCare Corporation, together with its subsidiaries, provides personal care services to elderly, chronically ill, disabled persons, and individuals who are at risk of hospitalization or institutionalization in the United States. The company operates through three segments: Personal Care, Hospice, and Home Health.