California State Teachers Retirement System increased its position in HealthStream Inc. (NASDAQ:HSTM) by 0.9% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 53,961 shares of the company’s stock after buying an additional 461 shares during the period. California State Teachers Retirement System owned approximately 0.17% of HealthStream worth $1,431,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in HSTM. BNP Paribas Arbitrage SA boosted its stake in shares of HealthStream by 127.2% in the second quarter. BNP Paribas Arbitrage SA now owns 7,676 shares of the company’s stock worth $204,000 after buying an additional 4,297 shares during the last quarter. BB&T Corp bought a new stake in shares of HealthStream during the second quarter worth about $275,000. Arizona State Retirement System boosted its stake in shares of HealthStream by 4.2% in the first quarter. Arizona State Retirement System now owns 12,464 shares of the company’s stock worth $275,000 after buying an additional 500 shares during the last quarter. Capstone Asset Management Co. boosted its stake in shares of HealthStream by 14.3% in the second quarter. Capstone Asset Management Co. now owns 11,043 shares of the company’s stock worth $293,000 after buying an additional 1,380 shares during the last quarter. Finally, Bank of Montreal Can bought a new stake in shares of HealthStream during the second quarter worth about $300,000. 71.85% of the stock is owned by hedge funds and other institutional investors.

Shares of HealthStream Inc. (NASDAQ:HSTM) traded up 1.38% on Wednesday, hitting $26.53. The company had a trading volume of 86,108 shares. The firm has a 50-day moving average price of $25.44 and a 200 day moving average price of $24.03. The company has a market capitalization of $842.04 million, a P/E ratio of 120.05 and a beta of 1.14. HealthStream Inc. has a 12-month low of $17.80 and a 12-month high of $28.16.

HealthStream (NASDAQ:HSTM) last released its quarterly earnings results on Monday, July 25th. The company reported $0.04 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.09 by $0.05. The firm earned $54.80 million during the quarter, compared to the consensus estimate of $56.80 million. HealthStream had a net margin of 3.35% and a return on equity of 3.81%. The business’s revenue for the quarter was up 5.2% compared to the same quarter last year. During the same quarter last year, the firm earned $0.05 earnings per share. Equities analysts expect that HealthStream Inc. will post $0.29 EPS for the current year.

A number of equities research analysts have issued reports on the company. Barrington Research assumed coverage on HealthStream in a research report on Wednesday, June 29th. They set an “outperform” rating and a $30.00 target price for the company. FBR & Co reaffirmed a “buy” rating and set a $27.00 target price on shares of HealthStream in a research report on Sunday, July 3rd. Zacks Investment Research raised HealthStream from a “sell” rating to a “hold” rating in a research report on Thursday, August 25th. Needham & Company LLC reissued a “buy” rating and issued a $32.00 price objective (up from $26.00) on shares of HealthStream in a research report on Friday, June 10th. Finally, Canaccord Genuity reissued a “buy” rating and issued a $32.00 price objective on shares of HealthStream in a research report on Sunday, September 11th. Three research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. HealthStream has a consensus rating of “Buy” and a consensus target price of $28.14.

In related news, Director Tate Deborah Taylor sold 1,500 shares of the business’s stock in a transaction on Monday, August 15th. The stock was sold at an average price of $24.28, for a total value of $36,420.00. Following the completion of the sale, the director now directly owns 12,188 shares in the company, valued at approximately $295,924.64. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 21.10% of the stock is owned by corporate insiders.

About HealthStream

HealthStream, Inc provides workforce, patient experience and provider solutions for healthcare organizations. Delivered primarily as Software-as-a-Service (SaaS), the Company’s solutions focus on challenges facing the healthcare workforce and healthcare organizations, including the need to manage, retain, engage and develop healthcare workforce talent; meet compliance requirements; manage ongoing medical staff credentialing and privileging processes, and deliver patient experiences of care in healthcare organizations.

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