Cwm LLC Has $370,000 Stake in Healthcare Services Group, Inc. $HCSG

Cwm LLC increased its stake in shares of Healthcare Services Group, Inc. (NASDAQ:HCSG) by 49.8% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 24,634 shares of the business services provider’s stock after acquiring an additional 8,185 shares during the period. Cwm LLC’s holdings in Healthcare Services Group were worth $370,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in HCSG. Royce & Associates LP grew its position in shares of Healthcare Services Group by 0.3% in the 1st quarter. Royce & Associates LP now owns 4,684,038 shares of the business services provider’s stock valued at $47,215,000 after acquiring an additional 15,439 shares during the period. Mackenzie Financial Corp raised its position in shares of Healthcare Services Group by 0.8% in the 1st quarter. Mackenzie Financial Corp now owns 4,128,934 shares of the business services provider’s stock valued at $41,620,000 after buying an additional 34,037 shares in the last quarter. Palisade Capital Management LP raised its position in shares of Healthcare Services Group by 0.9% in the 1st quarter. Palisade Capital Management LP now owns 2,237,866 shares of the business services provider’s stock valued at $22,558,000 after buying an additional 20,720 shares in the last quarter. Hotchkis & Wiley Capital Management LLC increased its position in Healthcare Services Group by 90.5% during the 1st quarter. Hotchkis & Wiley Capital Management LLC now owns 1,190,280 shares of the business services provider’s stock worth $11,998,000 after purchasing an additional 565,520 shares in the last quarter. Finally, Nuveen LLC acquired a new position in Healthcare Services Group during the 1st quarter worth approximately $11,745,000. 97.97% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms have weighed in on HCSG. Zacks Research lowered shares of Healthcare Services Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, September 30th. Robert W. Baird upped their price objective on shares of Healthcare Services Group from $13.00 to $15.00 and gave the stock a “neutral” rating in a report on Thursday, July 24th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Healthcare Services Group in a report on Saturday. Macquarie upgraded shares of Healthcare Services Group from a “neutral” rating to an “outperform” rating and raised their price objective for the stock from $15.00 to $16.00 in a report on Tuesday, July 29th. Finally, Benchmark increased their target price on shares of Healthcare Services Group from $19.00 to $24.00 and gave the stock a “buy” rating in a research report on Thursday. Three analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $17.50.

Healthcare Services Group Stock Down 0.6%

Shares of NASDAQ HCSG opened at $18.49 on Friday. The company has a market cap of $1.34 billion, a price-to-earnings ratio of 34.24 and a beta of 0.70. The firm’s fifty day moving average is $16.12 and its 200 day moving average is $14.53. Healthcare Services Group, Inc. has a 52 week low of $9.13 and a 52 week high of $20.00.

Healthcare Services Group (NASDAQ:HCSG) last announced its quarterly earnings data on Wednesday, October 22nd. The business services provider reported $0.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.21 by $0.02. Healthcare Services Group had a net margin of 2.20% and a return on equity of 12.23%. The business had revenue of $464.34 million during the quarter, compared to analyst estimates of $460.36 million. During the same period last year, the firm posted $0.19 EPS. The company’s revenue was up 8.5% on a year-over-year basis. Healthcare Services Group has set its Q4 2025 guidance at EPS. Equities research analysts anticipate that Healthcare Services Group, Inc. will post 0.74 earnings per share for the current year.

Insider Transactions at Healthcare Services Group

In related news, EVP John Christopher Shea sold 21,368 shares of the firm’s stock in a transaction on Monday, July 28th. The stock was sold at an average price of $13.25, for a total value of $283,126.00. Following the completion of the sale, the executive vice president directly owned 32,976 shares in the company, valued at $436,932. This trade represents a 39.32% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 2.60% of the stock is currently owned by corporate insiders.

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 nursing homes, retirement complexes, rehabilitation centers, and hospitals in the United States. It operates through two segments, Housekeeping and Dietary.