Public Employees Retirement System of Ohio Has $177,000 Position in HealthStream, Inc. $HSTM

Public Employees Retirement System of Ohio increased its position in shares of HealthStream, Inc. (NASDAQ:HSTM) by 342.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,407 shares of the technology company’s stock after purchasing an additional 4,958 shares during the period. Public Employees Retirement System of Ohio’s holdings in HealthStream were worth $177,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in HSTM. GAMMA Investing LLC lifted its holdings in HealthStream by 4,108.5% during the 1st quarter. GAMMA Investing LLC now owns 66,999 shares of the technology company’s stock worth $2,082,000 after purchasing an additional 65,407 shares during the last quarter. Harbor Capital Advisors Inc. lifted its holdings in HealthStream by 2.4% during the 1st quarter. Harbor Capital Advisors Inc. now owns 424,790 shares of the technology company’s stock worth $13,670,000 after purchasing an additional 10,003 shares during the last quarter. SG Americas Securities LLC lifted its holdings in HealthStream by 9.3% during the 1st quarter. SG Americas Securities LLC now owns 18,648 shares of the technology company’s stock worth $600,000 after purchasing an additional 1,584 shares during the last quarter. Bessemer Group Inc. lifted its holdings in HealthStream by 84.1% during the 1st quarter. Bessemer Group Inc. now owns 6,897 shares of the technology company’s stock worth $222,000 after purchasing an additional 3,150 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. lifted its holdings in HealthStream by 90.4% during the 1st quarter. Robeco Institutional Asset Management B.V. now owns 145,222 shares of the technology company’s stock worth $4,673,000 after purchasing an additional 68,962 shares during the last quarter. 69.58% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, EVP Kevin P. O’hara sold 2,000 shares of the business’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 sale, the executive vice president owned 17,137 shares in the company, valued at $479,321.89. The trade was a 10.45% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 20.60% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several brokerages have weighed in on HSTM. Canaccord Genuity Group dropped their price objective on HealthStream from $29.00 to $28.00 and set a “hold” rating for the company in a report on Thursday, August 7th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of HealthStream in a report on Saturday, September 27th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, HealthStream presently has an average rating of “Moderate Buy” and an average price target of $31.00.

HealthStream Stock Down 0.1%

Shares of HSTM stock opened at $27.34 on Tuesday. The firm has a market capitalization of $810.36 million, a P/E ratio of 40.81, a P/E/G ratio of 3.43 and a beta of 0.47. HealthStream, Inc. has a twelve month low of $25.36 and a twelve month high of $34.24. The stock’s fifty day simple moving average is $27.64 and its 200 day simple moving average is $28.67.

HealthStream (NASDAQ:HSTM) last issued its quarterly earnings data on Monday, August 4th. The technology company reported $0.18 earnings per share for the quarter, topping analysts’ consensus estimates of $0.16 by $0.02. The business had revenue of $74.40 million for the quarter, compared to analyst estimates of $74.39 million. HealthStream had a return on equity of 5.70% and a net margin of 6.89%. HealthStream has set its FY 2025 guidance at EPS. As a group, equities research analysts expect that HealthStream, Inc. will post 0.63 EPS for the current fiscal year.

HealthStream Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 29th. Investors of record on Monday, August 18th were given a dividend of $0.031 per share. The ex-dividend date was Monday, August 18th. This represents a $0.12 dividend on an annualized basis and a yield of 0.5%. HealthStream’s payout ratio is currently 17.91%.

HealthStream Company 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.