Hanger (OTCMKTS:HNGR) posted its quarterly earnings data on Thursday. The healthcare company reported $0.40 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.40, Morningstar.com reports. The company had revenue of $284.85 million during the quarter, compared to the consensus estimate of $288.65 million.

HNGR stock traded up $0.37 on Friday, hitting $19.85. 245,379 shares of the company’s stock traded hands, compared to its average volume of 209,858. Hanger has a 1-year low of $15.60 and a 1-year high of $24.50.

Separately, Zacks Investment Research raised shares of Hanger from a “sell” rating to a “hold” rating in a research note on Tuesday, February 5th.

A number of hedge funds have recently added to or reduced their stakes in the stock. Dimensional Fund Advisors LP purchased a new stake in shares of Hanger in the 3rd quarter valued at approximately $10,144,000. Victory Capital Management Inc. purchased a new stake in Hanger in the 3rd quarter worth approximately $22,704,000. Renaissance Technologies LLC purchased a new stake in Hanger in the 3rd quarter worth approximately $642,000. William Blair Investment Management LLC purchased a new stake in Hanger in the 3rd quarter worth approximately $19,970,000. Finally, FMR LLC purchased a new stake in Hanger in the 3rd quarter worth approximately $64,735,000. 3.61% of the stock is owned by institutional investors and hedge funds.

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Hanger Company Profile

Hanger, Inc provides orthotic and prosthetic (O&P) services; and distributes O&P devices and components, manages O&P networks, and provides therapeutic solutions to patients and businesses in acute, post-acute, and clinic settings in the United States. It operates through two segments, Patient Care and Products & Services.

Read More: Cost of Debt

Earnings History for Hanger (OTCMKTS:HNGR)

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