Cove Street Capital LLC Purchases 200,466 Shares of Viemed Healthcare, Inc. (NASDAQ:VMD)

Cove Street Capital LLC raised its position in shares of Viemed Healthcare, Inc. (NASDAQ:VMDFree Report) by 27.0% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 944,197 shares of the company’s stock after buying an additional 200,466 shares during the period. Viemed Healthcare comprises about 2.2% of Cove Street Capital LLC’s investment portfolio, making the stock its 16th biggest holding. Cove Street Capital LLC owned approximately 2.45% of Viemed Healthcare worth $6,590,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Punch & Associates Investment Management Inc. lifted its position in shares of Viemed Healthcare by 3.7% in the 3rd quarter. Punch & Associates Investment Management Inc. now owns 510,085 shares of the company’s stock worth $3,433,000 after purchasing an additional 18,270 shares during the period. Panagora Asset Management Inc. increased its stake in shares of Viemed Healthcare by 58.7% in the 3rd quarter. Panagora Asset Management Inc. now owns 82,768 shares of the company’s stock worth $557,000 after acquiring an additional 30,626 shares in the last quarter. National Bank of Canada FI increased its stake in shares of Viemed Healthcare by 160.8% in the 2nd quarter. National Bank of Canada FI now owns 30,395 shares of the company’s stock worth $295,000 after acquiring an additional 18,741 shares in the last quarter. Harvest Investment Services LLC bought a new position in shares of Viemed Healthcare in the 2nd quarter worth about $337,000. Finally, Bank of Montreal Can bought a new position in shares of Viemed Healthcare in the 2nd quarter worth about $1,165,000. 69.76% of the stock is owned by hedge funds and other institutional investors.

Viemed Healthcare Stock Up 0.6 %

NASDAQ:VMD traded up $0.05 on Monday, reaching $8.98. 122,173 shares of the stock traded hands, compared to its average volume of 122,420. The company has a market capitalization of $343.75 million, a price-to-earnings ratio of 39.05 and a beta of 1.51. The company has a current ratio of 1.14, a quick ratio of 0.99 and a debt-to-equity ratio of 0.08. Viemed Healthcare, Inc. has a 12 month low of $5.90 and a 12 month high of $12.01. The company’s fifty day simple moving average is $7.95 and its 200 day simple moving average is $7.61.

Viemed Healthcare Company Profile

(Free Report)

Viemed Healthcare, Inc, through its subsidiaries, provides in-home durable medical equipment (DME) and post-acute respiratory healthcare services to patients in the United States. It provides respiratory disease management solutions, including treatment of chronic obstructive pulmonary disease (COPD), which include non-invasive ventilation, percussion vests, and other therapies; and invasive and non-invasive ventilation and related equipment and supplies to patients suffering from COPD.

See Also

Institutional Ownership by Quarter for Viemed Healthcare (NASDAQ:VMD)

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