Strs Ohio lifted its holdings in shares of Addus HomeCare Corporation (NASDAQ:ADUS) by 12.0% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 19,600 shares of the company’s stock after buying an additional 2,100 shares during the period. Strs Ohio owned 0.17% of Addus HomeCare Corporation worth $691,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in ADUS. American International Group Inc. grew its position in Addus HomeCare Corporation by 7.0% in the 1st quarter. American International Group Inc. now owns 4,548 shares of the company’s stock worth $146,000 after purchasing an additional 299 shares during the last quarter. ClariVest Asset Management LLC bought a new position in Addus HomeCare Corporation in the 2nd quarter worth about $201,000. Nordea Investment Management AB bought a new position in Addus HomeCare Corporation in the 2nd quarter worth about $201,000. Eqis Capital Management Inc. bought a new position in Addus HomeCare Corporation in the 3rd quarter worth about $218,000. Finally, Goldman Sachs Group Inc. bought a new position in Addus HomeCare Corporation in the 1st quarter worth about $238,000. 92.88% of the stock is owned by institutional investors and hedge funds.

Addus HomeCare Corporation (ADUS) opened at $34.05 on Wednesday. The company has a market cap of $400.46, a PE ratio of 23.28, a price-to-earnings-growth ratio of 1.57 and a beta of 0.19. Addus HomeCare Corporation has a 1 year low of $25.49 and a 1 year high of $40.75. The company has a quick ratio of 3.35, a current ratio of 3.35 and a debt-to-equity ratio of 0.24.

Addus HomeCare Corporation (NASDAQ:ADUS) last issued its quarterly earnings results on Monday, November 6th. The company reported $0.42 earnings per share for the quarter, topping analysts’ consensus estimates of $0.38 by $0.04. The company had revenue of $108.60 million during the quarter, compared to analyst estimates of $108.99 million. Addus HomeCare Corporation had a net margin of 4.30% and a return on equity of 10.48%. The business’s revenue for the quarter was up 4.9% compared to the same quarter last year. During the same period in the prior year, the business posted $0.39 EPS. sell-side analysts forecast that Addus HomeCare Corporation will post 1.46 earnings per share for the current year.

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Several research analysts have commented on the stock. Oppenheimer Holdings, Inc. restated a “buy” rating and issued a $45.00 target price on shares of Addus HomeCare Corporation in a research report on Tuesday, September 19th. Robert W. Baird restated a “hold” rating and issued a $40.00 target price on shares of Addus HomeCare Corporation in a research report on Thursday, August 24th. Zacks Investment Research cut shares of Addus HomeCare Corporation from a “buy” rating to a “hold” rating in a research report on Friday, August 18th. BidaskClub cut shares of Addus HomeCare Corporation from a “sell” rating to a “strong sell” rating in a research report on Saturday, August 5th. Finally, ValuEngine upgraded shares of Addus HomeCare Corporation from a “hold” rating to a “buy” rating in a research report on Tuesday, August 1st. One analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the stock. Addus HomeCare Corporation currently has a consensus rating of “Hold” and a consensus target price of $41.33.

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.

Institutional Ownership by Quarter for Addus HomeCare Corporation (NASDAQ:ADUS)

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