Ameriprise Financial Inc. Buys Shares of 42,418 Viemed Healthcare, Inc. (NASDAQ:VMD)

Ameriprise Financial Inc. bought a new stake in Viemed Healthcare, Inc. (NASDAQ:VMD - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 42,418 shares of the company's stock, valued at approximately $340,000. Ameriprise Financial Inc. owned 0.11% of Viemed Healthcare as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Price T Rowe Associates Inc. MD raised its position in Viemed Healthcare by 18.1% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 13,005 shares of the company's stock valued at $105,000 after purchasing an additional 1,997 shares during the period. LPL Financial LLC raised its position in Viemed Healthcare by 1.6% in the fourth quarter. LPL Financial LLC now owns 194,690 shares of the company's stock valued at $1,561,000 after purchasing an additional 3,000 shares during the period. Martingale Asset Management L P raised its position in Viemed Healthcare by 11.0% in the fourth quarter. Martingale Asset Management L P now owns 34,836 shares of the company's stock valued at $279,000 after purchasing an additional 3,451 shares during the period. Bard Associates Inc. raised its position in Viemed Healthcare by 1.3% in the fourth quarter. Bard Associates Inc. now owns 349,526 shares of the company's stock valued at $2,803,000 after purchasing an additional 4,474 shares during the period. Finally, Northern Trust Corp raised its position in Viemed Healthcare by 1.8% in the fourth quarter. Northern Trust Corp now owns 286,818 shares of the company's stock valued at $2,300,000 after purchasing an additional 5,090 shares during the period. Hedge funds and other institutional investors own 74.24% of the company's stock.

Viemed Healthcare Stock Performance

NASDAQ:VMD opened at $6.59 on Friday. Viemed Healthcare, Inc. has a 52 week low of $6.14 and a 52 week high of $9.81. The company has a fifty day simple moving average of $6.77 and a two-hundred day simple moving average of $7.62. The company has a quick ratio of 1.19, a current ratio of 1.31 and a debt-to-equity ratio of 0.03. The company has a market cap of $260.46 million, a price-to-earnings ratio of 24.41 and a beta of 1.38.

Viemed Healthcare (NASDAQ:VMD - Get Free Report) last posted its quarterly earnings data on Wednesday, May 7th. The company reported $0.06 earnings per share for the quarter, hitting analysts' consensus estimates of $0.06. Viemed Healthcare had a return on equity of 8.72% and a net margin of 4.87%. The business had revenue of $59.10 million for the quarter, compared to analyst estimates of $60.60 million.

Viemed Healthcare Profile

Viemed Healthcare, Inc, together with its subsidiaries, provides home medical equipment (HME) and post-acute respiratory healthcare services to patients in the United States. It provides respiratory disease management solutions, including treatment of chronic obstructive pulmonary disease (COPD), which include non-invasive ventilation, percussion vests, and other therapies; and invasive and non-invasive ventilation and related equipment and supplies to patients suffering from COPD.

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