HealthStream, Inc. $HSTM Shares Purchased by Voya Investment Management LLC

Key Points

• Voya Investment Management LLC significantly increased its stake in HealthStream, Inc. by 109.7%, holding a total of 25,738 shares valued at $828,000 as of its latest SEC filing.
• HealthStream reported earnings of $0.18 per share for the latest quarter, exceeding analysts' expectations, and has set a fiscal year 2025 guidance that aligns with an anticipated EPS of 0.63.
• The company declared a quarterly dividend of $0.031 per share, highlighting a low dividend yield of 0.4%, with a payout ratio of 17.91% as of the latest financial updates.

Voya Investment Management LLC increased its position in shares of HealthStream, Inc. (NASDAQ:HSTM - Free Report) by 109.7% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 25,738 shares of the technology company's stock after purchasing an additional 13,465 shares during the quarter. Voya Investment Management LLC owned 0.08% of HealthStream worth $828,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Diversified Trust Co lifted its holdings in HealthStream by 5.0% in the first quarter. Diversified Trust Co now owns 9,174 shares of the technology company's stock valued at $295,000 after acquiring an additional 441 shares during the period. GAMMA Investing LLC increased its position in shares of HealthStream by 30.8% in the first quarter. GAMMA Investing LLC now owns 2,082 shares of the technology company's stock valued at $67,000 after buying an additional 490 shares in the last quarter. First Horizon Advisors Inc. increased its position in shares of HealthStream by 99.6% in the first quarter. First Horizon Advisors Inc. now owns 1,056 shares of the technology company's stock valued at $34,000 after buying an additional 527 shares in the last quarter. PNC Financial Services Group Inc. increased its position in shares of HealthStream by 62.5% in the first quarter. PNC Financial Services Group Inc. now owns 2,625 shares of the technology company's stock valued at $84,000 after buying an additional 1,010 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of HealthStream by 1.1% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 99,514 shares of the technology company's stock valued at $3,202,000 after buying an additional 1,047 shares in the last quarter. Institutional investors and hedge funds own 69.58% of the company's stock.

HealthStream Stock Up 0.0%

Shares of HealthStream stock opened at $29.00 on Thursday. HealthStream, Inc. has a 52 week low of $25.36 and a 52 week high of $34.24. The business's fifty day simple moving average is $27.43 and its 200-day simple moving average is $28.88. The firm has a market cap of $859.56 million, a PE ratio of 43.28, a price-to-earnings-growth ratio of 3.63 and a beta of 0.47.

HealthStream (NASDAQ:HSTM - Get Free Report) last posted its earnings results on Monday, August 4th. The technology company reported $0.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.16 by $0.02. HealthStream had a return on equity of 5.70% and a net margin of 6.89%.The firm had revenue of $74.40 million for the quarter, compared to analyst estimates of $74.39 million. HealthStream has set its FY 2025 guidance at EPS. As a group, equities analysts expect that HealthStream, Inc. will post 0.63 earnings per share for the current year.

HealthStream Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, August 29th. Investors of record on Monday, August 18th were paid a dividend of $0.031 per share. This represents a $0.12 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date was Monday, August 18th. HealthStream's dividend payout ratio (DPR) is currently 17.91%.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group cut their price objective on HealthStream from $29.00 to $28.00 and set a "hold" rating for the company in a research report on Thursday, August 7th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $31.00.

Insider Transactions at HealthStream

In related news, EVP Kevin P. O'hara sold 2,000 shares of the firm's stock in a transaction that occurred on Wednesday, August 27th. The stock was sold at an average price of $27.97, for a total transaction of $55,940.00. Following the transaction, the executive vice president owned 17,137 shares in the company, valued at $479,321.89. This trade represents a 10.45% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 20.50% of the stock is owned by corporate insiders.

HealthStream 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.

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