Ameriprise Financial Inc. increased its position in Almost Family Inc (NASDAQ:AFAM) by 403.9% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 575,146 shares of the company’s stock after buying an additional 461,002 shares during the period. Ameriprise Financial Inc. owned approximately 5.65% of Almost Family worth $27,952,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of AFAM. New York State Teachers Retirement System increased its position in Almost Family by 1.3% in the fourth quarter. New York State Teachers Retirement System now owns 7,963 shares of the company’s stock worth $351,000 after buying an additional 100 shares during the period. Renaissance Technologies LLC increased its position in Almost Family by 135.4% in the fourth quarter. Renaissance Technologies LLC now owns 101,000 shares of the company’s stock worth $4,454,000 after buying an additional 58,100 shares during the period. Allianz Asset Management AG bought a new position in Almost Family during the fourth quarter worth $618,000. Trexquant Investment LP bought a new position in Almost Family during the fourth quarter worth $334,000. Finally, Dimensional Fund Advisors LP increased its position in Almost Family by 2.7% in the fourth quarter. Dimensional Fund Advisors LP now owns 872,626 shares of the company’s stock worth $38,483,000 after buying an additional 23,255 shares during the period. 82.78% of the stock is currently owned by institutional investors and hedge funds.

Institutional Ownership by Quarter for Almost Family (NASDAQ:AFAM)

Almost Family Inc (NASDAQ AFAM) traded down 1.46% during midday trading on Friday, reaching $60.55. 122,666 shares of the company’s stock were exchanged. Almost Family Inc has a 52 week low of $35.21 and a 52 week high of $62.38. The firm has a 50-day moving average price of $56.53 and a 200 day moving average price of $49.05. The company has a market cap of $768.62 million, a price-to-earnings ratio of 38.30 and a beta of 0.46.

Almost Family (NASDAQ:AFAM) last posted its quarterly earnings data on Tuesday, May 9th. The company reported $0.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.51 by $0.04. Almost Family had a net margin of 2.59% and a return on equity of 7.67%. The business had revenue of $201.31 million during the quarter, compared to the consensus estimate of $204.79 million. During the same quarter last year, the company posted $0.59 earnings per share. The firm’s quarterly revenue was up 31.0% compared to the same quarter last year. Analysts anticipate that Almost Family Inc will post $2.49 EPS for the current year.

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A number of equities analysts have recently weighed in on the stock. Royal Bank Of Canada reaffirmed a “buy” rating and issued a $63.00 price target on shares of Almost Family in a research note on Tuesday. Zacks Investment Research upgraded shares of Almost Family from a “sell” rating to a “hold” rating in a report on Monday, May 15th. Bank of America Corporation reiterated a “neutral” rating and issued a $57.00 price objective (up from $52.00) on shares of Almost Family in a report on Wednesday, May 17th. Finally, Jefferies Group LLC reiterated a “buy” rating and issued a $58.00 price objective on shares of Almost Family in a report on Friday, March 31st. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $55.80.

In related news, CEO William B. Yarmuth sold 30,000 shares of the firm’s stock in a transaction dated Monday, May 15th. The shares were sold at an average price of $56.82, for a total transaction of $1,704,600.00. Following the completion of the sale, the chief executive officer now owns 430,794 shares in the company, valued at $24,477,715.08. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider C Steven Guenthner sold 20,000 shares of the firm’s stock in a transaction dated Tuesday, May 23rd. The stock was sold at an average price of $55.90, for a total transaction of $1,118,000.00. Following the sale, the insider now owns 166,951 shares of the company’s stock, valued at approximately $9,332,560.90. The disclosure for this sale can be found here. Insiders have sold 73,942 shares of company stock valued at $4,166,150 in the last 90 days. 13.10% of the stock is currently owned by corporate insiders.

About Almost Family

Almost Family, Inc is a provider of home healthcare services. The Company has two divisions: Home Health and Healthcare Innovations (HCI). The Home Health division consists of two segments: Visiting Nurse Services (VN or Visiting Nurse) and Personal Care Services (PC or Personal Care). The VN segment provides a range of Medicare-certified home health nursing services to patients in need of recuperative care, following a period of hospitalization or care in another type of inpatient facility.

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