Northern Trust Corp increased its holdings in shares of HealthStream, Inc. (NASDAQ:HSTM) by 13.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 509,990 shares of the technology company’s stock after acquiring an additional 60,099 shares during the quarter. Northern Trust Corp owned about 1.58% of HealthStream worth $12,316,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the stock. Financial Gravity Companies Inc. acquired a new position in HealthStream in the 4th quarter valued at $43,000. We Are One Seven LLC acquired a new position in HealthStream in the 4th quarter valued at $82,000. PNC Financial Services Group Inc. grew its holdings in HealthStream by 8.5% in the 4th quarter. PNC Financial Services Group Inc. now owns 5,713 shares of the technology company’s stock valued at $139,000 after buying an additional 449 shares in the last quarter. Stephens Inc. AR grew its holdings in HealthStream by 22.6% in the 4th quarter. Stephens Inc. AR now owns 8,251 shares of the technology company’s stock valued at $199,000 after buying an additional 1,523 shares in the last quarter. Finally, Oregon Public Employees Retirement Fund acquired a new position in HealthStream in the 4th quarter valued at $235,000. 72.24% of the stock is currently owned by institutional investors and hedge funds.

A number of research analysts have commented on the company. ValuEngine raised HealthStream from a “hold” rating to a “buy” rating in a report on Monday, April 1st. BidaskClub lowered HealthStream from a “buy” rating to a “hold” rating in a report on Friday, April 5th. Finally, Zacks Investment Research lowered HealthStream from a “buy” rating to a “hold” rating in a report on Friday, January 18th. Six investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $26.80.

NASDAQ:HSTM opened at $28.26 on Wednesday. The firm has a market cap of $917.83 million, a PE ratio of 65.72, a P/E/G ratio of 6.21 and a beta of 0.74. HealthStream, Inc. has a fifty-two week low of $23.06 and a fifty-two week high of $31.86.

HealthStream (NASDAQ:HSTM) last released its earnings results on Tuesday, February 19th. The technology company reported $0.09 earnings per share for the quarter, beating analysts’ consensus estimates of $0.05 by $0.04. The firm had revenue of $59.83 million during the quarter, compared to the consensus estimate of $58.96 million. HealthStream had a return on equity of 4.39% and a net margin of 13.91%. The company’s revenue was up 8.3% compared to the same quarter last year. During the same period in the prior year, the company posted $0.10 EPS. On average, sell-side analysts anticipate that HealthStream, Inc. will post 0.31 earnings per share for the current year.

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HealthStream Company Profile

HealthStream, Inc provides workforce and provider solutions for healthcare organizations in the United States. It operates through two segments, Workforce Solutions and Provider Solutions. The company offers workforce solutions, including software-as-a-service (SaaS) based services and subscription-based solutions to meet the training, certification, assessment, development, clinical development, talent management, performance appraisal, and other needs, as well as training, implementation, and account management services for the healthcare community.

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Institutional Ownership by Quarter for HealthStream (NASDAQ:HSTM)

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