Addus HomeCare Corporation (ADUS) Position Held by Advisory Research Inc.
Advisory Research Inc. continued to hold its stake in Addus HomeCare Corporation (NASDAQ:ADUS) during the second quarter, according to its most recent filing with the SEC. The firm owned 225,026 shares of the company’s stock at the end of the second quarter. Advisory Research Inc. owned about 1.96% of Addus HomeCare Corporation worth $7,201,000 as of its most recent filing with the SEC.
A number of other institutional investors have also recently made changes to their positions in the stock. State Street Corp boosted its holdings in Addus HomeCare Corporation by 12.7% during the 2nd quarter. State Street Corp now owns 122,306 shares of the company’s stock valued at $4,549,000 after acquiring an additional 13,788 shares during the period. Punch & Associates Investment Management Inc. boosted its holdings in Addus HomeCare Corporation by 16.3% during the 2nd quarter. Punch & Associates Investment Management Inc. now owns 164,800 shares of the company’s stock valued at $6,131,000 after acquiring an additional 23,054 shares during the period. Dimensional Fund Advisors LP boosted its holdings in Addus HomeCare Corporation by 5.1% during the 2nd quarter. Dimensional Fund Advisors LP now owns 867,298 shares of the company’s stock valued at $32,264,000 after acquiring an additional 42,304 shares during the period. Parametric Portfolio Associates LLC purchased a new position in Addus HomeCare Corporation during the 2nd quarter valued at about $421,000. Finally, Nordea Investment Management AB purchased a new position in Addus HomeCare Corporation during the 2nd quarter valued at about $201,000. Institutional investors own 93.18% of the company’s stock.
A number of equities analysts recently commented on ADUS shares. Zacks Investment Research cut Addus HomeCare Corporation from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 11th. BidaskClub cut Addus HomeCare Corporation from a “hold” rating to a “sell” rating in a report on Thursday, July 27th. ValuEngine upgraded Addus HomeCare Corporation from a “hold” rating to a “buy” rating in a report on Tuesday, August 1st. Robert W. Baird restated a “hold” rating and set a $40.00 target price on shares of Addus HomeCare Corporation in a report on Thursday, August 24th. Finally, Oppenheimer Holdings, Inc. restated a “buy” rating and set a $45.00 target price on shares of Addus HomeCare Corporation in a report on Tuesday, August 29th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $41.33.
Shares of Addus HomeCare Corporation (NASDAQ ADUS) traded down 1.96% during trading on Monday, reaching $35.10. The company had a trading volume of 3,768 shares. Addus HomeCare Corporation has a 52 week low of $24.40 and a 52 week high of $40.75. The firm has a 50-day moving average of $34.33 and a 200 day moving average of $35.31. The firm has a market capitalization of $402.60 million, a price-to-earnings ratio of 25.05 and a beta of 0.21.
Addus HomeCare Corporation (NASDAQ:ADUS) last posted its earnings results on Monday, August 7th. The company reported $0.34 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.33 by $0.01. The firm had revenue of $103.60 million for the quarter, compared to the consensus estimate of $104.39 million. Addus HomeCare Corporation had a net margin of 3.94% and a return on equity of 10.47%. The business’s quarterly revenue was up 2.7% on a year-over-year basis. During the same period in the prior year, the business posted $0.31 earnings per share. On average, equities research analysts forecast that Addus HomeCare Corporation will post $1.60 earnings per share for the current year.
Addus HomeCare Corporation Profile
Addus HomeCare Corporation is a provider of personal care services, which are provided primarily in the home. The Company’s personal care services include assistance with bathing, grooming, oral care, skincare, assistance with feeding and dressing, medication reminders, meal planning and preparation, housekeeping and transportation services and other activities of daily living.
Want to see what other hedge funds are holding ADUS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Addus HomeCare Corporation (NASDAQ:ADUS).
Receive News & Stock Ratings for Addus HomeCare Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Addus HomeCare Corporation and related stocks with our FREE daily email newsletter.