Universal Beteiligungs und Servicegesellschaft mbH Cuts Stake in HealthStream, Inc. $HSTM

Universal Beteiligungs und Servicegesellschaft mbH cut its holdings in HealthStream, Inc. (NASDAQ:HSTM) by 40.5% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 11,476 shares of the technology company’s stock after selling 7,808 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in HealthStream were worth $318,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. PNC Financial Services Group Inc. raised its holdings in shares of HealthStream by 62.5% in the 1st quarter. PNC Financial Services Group Inc. now owns 2,625 shares of the technology company’s stock valued at $84,000 after purchasing an additional 1,010 shares in the last quarter. Virtus Advisers LLC purchased a new position in HealthStream during the first quarter valued at approximately $161,000. Police & Firemen s Retirement System of New Jersey raised its stake in HealthStream by 14.9% in the second quarter. Police & Firemen s Retirement System of New Jersey now owns 5,843 shares of the technology company’s stock worth $162,000 after buying an additional 758 shares in the last quarter. Public Employees Retirement System of Ohio lifted its holdings in HealthStream by 342.2% during the second quarter. Public Employees Retirement System of Ohio now owns 6,407 shares of the technology company’s stock worth $177,000 after buying an additional 4,958 shares during the period. Finally, Bessemer Group Inc. lifted its holdings in HealthStream by 21.7% during the second quarter. Bessemer Group Inc. now owns 8,392 shares of the technology company’s stock worth $233,000 after buying an additional 1,495 shares during the period. 69.58% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on HSTM shares. Canaccord Genuity Group cut their price target on HealthStream from $29.00 to $28.00 and set a “hold” rating on the stock in a report on Thursday, August 7th. Wall Street Zen downgraded shares of HealthStream from a “buy” rating to a “hold” rating in a report on Saturday, November 22nd. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of HealthStream in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, HealthStream currently has a consensus rating of “Hold” and a consensus target price of $28.00.

HealthStream Price Performance

Shares of NASDAQ:HSTM opened at $25.12 on Friday. The business’s 50-day moving average is $26.14 and its 200 day moving average is $27.03. HealthStream, Inc. has a 1 year low of $24.07 and a 1 year high of $34.24. The firm has a market capitalization of $745.26 million, a P/E ratio of 37.49, a P/E/G ratio of 3.08 and a beta of 0.43.

HealthStream (NASDAQ:HSTM) last issued its quarterly earnings results on Monday, November 3rd. The technology company reported $0.20 earnings per share for the quarter, topping the consensus estimate of $0.17 by $0.03. HealthStream had a return on equity of 5.70% and a net margin of 6.89%.The business had revenue of $76.47 million during the quarter, compared to the consensus estimate of $75.52 million. HealthStream has set its FY 2025 guidance at EPS. On average, analysts expect that HealthStream, Inc. will post 0.63 EPS for the current year.

HealthStream Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, November 28th. Shareholders of record on Monday, November 17th were given a dividend of $0.031 per share. This represents a $0.12 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend was Monday, November 17th. HealthStream’s payout ratio is currently 17.65%.

HealthStream declared that its board has initiated a share buyback program on Tuesday, November 11th that authorizes the company to repurchase $10.00 million in shares. This repurchase authorization authorizes the technology company to buy up to 1.3% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company’s management believes its stock is undervalued.

HealthStream Company Profile

HealthStream, Inc provides Software-as-a-Service (SaaS) based applications for healthcare organizations in the United States. The company’s solutions help healthcare organizations in meeting their ongoing clinical development, talent management, training, education, assessment, competency management, safety and compliance, and scheduling, as well as provider credentialing, privileging, and enrollment needs.