BNP Paribas Arbitrage SA lifted its stake in shares of HealthStream, Inc. (NASDAQ:HSTM) by 65.6% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 13,466 shares of the technology company’s stock after buying an additional 5,335 shares during the quarter. BNP Paribas Arbitrage SA’s holdings in HealthStream were worth $315,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Stevens Capital Management LP purchased a new position in shares of HealthStream during the third quarter valued at about $367,000. FMR LLC increased its position in shares of HealthStream by 2.5% during the second quarter. FMR LLC now owns 4,733,510 shares of the technology company’s stock valued at $124,586,000 after buying an additional 116,309 shares during the period. Blair William & Co. IL grew its holdings in HealthStream by 2.6% in the second quarter. Blair William & Co. IL now owns 71,050 shares of the technology company’s stock worth $1,870,000 after purchasing an additional 1,795 shares during the period. Schwab Charles Investment Management Inc. grew its holdings in HealthStream by 5.2% in the first quarter. Schwab Charles Investment Management Inc. now owns 107,018 shares of the technology company’s stock worth $2,594,000 after purchasing an additional 5,277 shares during the period. Finally, Northern Trust Corp grew its holdings in HealthStream by 6.1% in the second quarter. Northern Trust Corp now owns 468,703 shares of the technology company’s stock worth $12,337,000 after purchasing an additional 27,080 shares during the period. Institutional investors own 74.42% of the company’s stock.

Shares of HealthStream, Inc. (NASDAQ HSTM) opened at $22.37 on Tuesday. HealthStream, Inc. has a fifty-two week low of $20.60 and a fifty-two week high of $31.53. The firm has a market cap of $714.16, a PE ratio of 101.77, a price-to-earnings-growth ratio of 5.90 and a beta of 0.90.

HealthStream (NASDAQ:HSTM) last posted its quarterly earnings results on Monday, October 23rd. The technology company reported $0.08 EPS for the quarter, beating the Zacks’ consensus estimate of $0.05 by $0.03. HealthStream had a net margin of 2.36% and a return on equity of 2.46%. The firm had revenue of $63.60 million for the quarter, compared to analysts’ expectations of $62.48 million. During the same quarter in the prior year, the company posted $0.04 earnings per share. The business’s revenue for the quarter was up 8.9% on a year-over-year basis. analysts forecast that HealthStream, Inc. will post 0.23 earnings per share for the current fiscal year.

HSTM has been the topic of a number of recent research reports. Robert W. Baird restated a “buy” rating and issued a $30.00 price objective on shares of HealthStream in a report on Thursday, August 31st. Needham & Company LLC cut shares of HealthStream from a “buy” rating to a “hold” rating in a report on Wednesday, October 25th. Canaccord Genuity restated a “hold” rating and issued a $25.00 price objective on shares of HealthStream in a report on Monday, October 23rd. Zacks Investment Research cut shares of HealthStream from a “buy” rating to a “hold” rating in a report on Friday, November 10th. Finally, ValuEngine cut shares of HealthStream from a “hold” rating to a “sell” rating in a report on Friday, September 1st. One analyst has rated the stock with a sell rating, five have given a hold rating and two have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $24.83.

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About HealthStream

HealthStream, Inc (HealthStream) provides workforce, patient experience and provider solutions for healthcare organizations. The Company operates in three segments: HealthStream Workforce Solutions, HealthStream Patient Experience Solutions and HealthStream Provider Solutions. HealthStream’s products and services are organized into three segments: Workforce Solutions, Patient Experience Solutions, and Provider Solutions.

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Institutional Ownership by Quarter for HealthStream (NASDAQ:HSTM)

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