Dimensional Fund Advisors LP Acquires 10,434 Shares of Addus HomeCare Co. (NASDAQ:ADUS)

Dimensional Fund Advisors LP lifted its holdings in Addus HomeCare Co. (NASDAQ:ADUS - Free Report) by 1.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 692,713 shares of the company's stock after buying an additional 10,434 shares during the quarter. Dimensional Fund Advisors LP owned approximately 3.82% of Addus HomeCare worth $86,833,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the business. Summit Place Financial Advisors LLC grew its holdings in Addus HomeCare by 0.9% in the fourth quarter. Summit Place Financial Advisors LLC now owns 9,410 shares of the company's stock worth $1,180,000 after purchasing an additional 80 shares during the period. Janney Montgomery Scott LLC boosted its position in shares of Addus HomeCare by 0.9% in the 4th quarter. Janney Montgomery Scott LLC now owns 10,691 shares of the company's stock worth $1,340,000 after purchasing an additional 91 shares in the last quarter. Alliancebernstein L.P. grew its stake in shares of Addus HomeCare by 0.5% in the 4th quarter. Alliancebernstein L.P. now owns 19,661 shares of the company's stock worth $2,465,000 after buying an additional 91 shares during the last quarter. Parkside Financial Bank & Trust increased its position in Addus HomeCare by 38.6% during the 4th quarter. Parkside Financial Bank & Trust now owns 531 shares of the company's stock valued at $67,000 after buying an additional 148 shares in the last quarter. Finally, Exchange Traded Concepts LLC boosted its holdings in Addus HomeCare by 2.6% in the fourth quarter. Exchange Traded Concepts LLC now owns 5,923 shares of the company's stock worth $742,000 after acquiring an additional 150 shares in the last quarter. 95.35% of the stock is currently owned by institutional investors.

Addus HomeCare Trading Up 0.8 %

NASDAQ:ADUS traded up $0.86 during trading hours on Monday, reaching $105.86. The company had a trading volume of 10,466 shares, compared to its average volume of 163,032. The firm's 50 day moving average price is $97.46 and its 200-day moving average price is $114.99. The firm has a market cap of $1.95 billion, a price-to-earnings ratio of 24.22, a PEG ratio of 1.41 and a beta of 0.85. Addus HomeCare Co. has a 52 week low of $88.96 and a 52 week high of $136.72.

Addus HomeCare (NASDAQ:ADUS - Get Free Report) last posted its quarterly earnings data on Monday, February 24th. The company reported $1.26 EPS for the quarter, missing analysts' consensus estimates of $1.35 by ($0.09). The firm had revenue of $297.14 million for the quarter, compared to analysts' expectations of $291.04 million. Addus HomeCare had a net margin of 6.50% and a return on equity of 9.62%. On average, analysts forecast that Addus HomeCare Co. will post 4.59 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

ADUS has been the subject of several analyst reports. JMP Securities restated a "market outperform" rating and set a $150.00 price target on shares of Addus HomeCare in a report on Tuesday, April 22nd. Macquarie reaffirmed an "outperform" rating and issued a $129.00 target price on shares of Addus HomeCare in a report on Thursday, February 27th. StockNews.com cut shares of Addus HomeCare from a "buy" rating to a "hold" rating in a report on Wednesday, February 26th. Oppenheimer boosted their price objective on shares of Addus HomeCare from $145.00 to $150.00 and gave the stock an "outperform" rating in a report on Friday, January 24th. Finally, Stephens reiterated an "overweight" rating and set a $142.00 target price on shares of Addus HomeCare in a research note on Wednesday, March 12th. One research analyst has rated the stock with a hold rating, seven have given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, Addus HomeCare currently has a consensus rating of "Buy" and an average target price of $139.00.

Addus HomeCare Profile

Addus HomeCare Corporation, together with its subsidiaries, provides personal care services to elderly, chronically ill, disabled persons, and individuals who are at risk of hospitalization or institutionalization in the United States. The company operates through three segments: Personal Care, Hospice, and Home Health.