Quantinno Capital Management LP Has $1.04 Million Stock Holdings in HealthStream, Inc. $HSTM

Key Points

• Quantinno Capital Management increased its HealthStream stake by 283.5% in the first quarter, holding 50,169 shares valued at approximately $1.04 million. Institutional investors collectively own 69.58% of the company.
• HealthStream exceeded quarterly expectations, reporting $0.23 in EPS versus the $0.17 consensus and revenue of $83.73 million compared with estimates of $80.82 million.
• Shares opened at $28.94, while analysts maintain a consensus “Hold” rating with a $27 price target. The company also declared a quarterly dividend of $0.035 per share, representing a 0.5% yield.

Quantinno Capital Management LP grew its position in shares of HealthStream, Inc. (NASDAQ:HSTM - Free Report) by 283.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 50,169 shares of the technology company's stock after buying an additional 37,088 shares during the period. Quantinno Capital Management LP owned approximately 0.17% of HealthStream worth $1,039,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Danske Bank A S grew its stake in shares of HealthStream by 175.0% in the fourth quarter. Danske Bank A S now owns 1,100 shares of the technology company's stock valued at $25,000 after acquiring an additional 700 shares in the last quarter. Hantz Financial Services Inc. increased its position in HealthStream by 2,035.5% during the fourth quarter. Hantz Financial Services Inc. now owns 1,324 shares of the technology company's stock worth $31,000 after acquiring an additional 1,262 shares during the period. Aquatic Capital Management LLC acquired a new stake in HealthStream in the 3rd quarter worth about $40,000. Tower Research Capital LLC TRC raised its stake in HealthStream by 241.4% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,407 shares of the technology company's stock worth $67,000 after purchasing an additional 1,702 shares in the last quarter. Finally, State of Wyoming bought a new stake in HealthStream in the 2nd quarter valued at about $106,000. Institutional investors and hedge funds own 69.58% of the company's stock.

Insider Buying and Selling

In related news, Director Linda Rebrovick sold 6,000 shares of the stock in a transaction that occurred on Monday, July 6th. The shares were sold at an average price of $29.00, for a total transaction of $174,000.00. Following the sale, the director owned 51,329 shares in the company, valued at approximately $1,488,541. This trade represents a 10.47% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Kevin P. O'hara sold 3,000 shares of HealthStream stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $24.08, for a total transaction of $72,240.00. Following the completion of the transaction, the executive vice president directly owned 20,982 shares in the company, valued at $505,246.56. This trade represents a 12.51% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 11,000 shares of company stock valued at $296,240. 20.40% of the stock is currently owned by insiders.

HealthStream Stock Down 0.3%

HSTM stock opened at $28.94 on Friday. The company has a market cap of $845.48 million, a PE ratio of 40.20, a price-to-earnings-growth ratio of 3.35 and a beta of 0.44. The business has a 50-day simple moving average of $27.58 and a 200 day simple moving average of $23.79. HealthStream, Inc. has a 52 week low of $19.50 and a 52 week high of $31.11.

HealthStream (NASDAQ:HSTM - Get Free Report) last announced its quarterly earnings data on Monday, August 3rd. The technology company reported $0.23 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.17 by $0.06. HealthStream had a net margin of 6.60% and a return on equity of 6.81%. The firm had revenue of $83.73 million for the quarter, compared to the consensus estimate of $80.82 million. On average, analysts anticipate that HealthStream, Inc. will post 0.72 EPS for the current fiscal year.

HealthStream Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Monday, August 17th will be issued a dividend of $0.035 per share. This represents a $0.14 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend is Monday, August 17th. HealthStream's dividend payout ratio is 19.44%.

Analyst Upgrades and Downgrades

HSTM has been the topic of a number of analyst reports. Canaccord Genuity Group increased their target price on shares of HealthStream from $24.00 to $27.00 and gave the stock a "hold" rating in a research report on Tuesday, July 21st. Wall Street Zen upgraded shares of HealthStream from a "hold" rating to a "buy" rating in a research report on Saturday, May 9th. Finally, Weiss Ratings upgraded HealthStream from a "hold (c-)" rating to a "hold (c)" rating in a research note on Tuesday, June 23rd. Three investment analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, HealthStream has a consensus rating of "Hold" and a consensus price target of $27.00.

About HealthStream

HealthStream, Inc is a Nashville, Tennessee–based provider of workforce development and learning management solutions for healthcare organizations. Since its founding in 1990, the company has focused on helping hospitals, clinics and other care providers streamline staff training, ensure regulatory compliance and monitor employee performance. HealthStream's platform integrates online courses, skill competency assessments and credential management tools to support workforce readiness across the healthcare continuum.

The company's core offerings include a learning management system (LMS) designed specifically for clinical and nonclinical personnel, a competency management suite that tracks skill acquisition and validation, and a content library featuring evidence-based clinical and compliance training modules.

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