Robeco Institutional Asset Management B.V. Has $10.53 Million Position in HealthStream, Inc. $HSTM

Key Points

• Robeco Institutional Asset Management B.V. increased its holdings in HealthStream, Inc. by 162.1% during the 2nd quarter, now owning approximately $10.53 million worth of shares.
• HealthStream's stock recently received a Moderate Buy rating, with an average price target of $31.00, despite a downgrade from Canaccord Genuity Group.
• The company declared a quarterly dividend of $0.031 per share, yielding 0.5%, with an annualized payout ratio of 17.91%.

Robeco Institutional Asset Management B.V. grew its position in HealthStream, Inc. (NASDAQ:HSTM - Free Report) by 162.1% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 380,604 shares of the technology company's stock after purchasing an additional 235,382 shares during the period. Robeco Institutional Asset Management B.V. owned about 1.25% of HealthStream worth $10,531,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. GAMMA Investing LLC raised its stake in HealthStream by 30.8% during the 1st quarter. GAMMA Investing LLC now owns 2,082 shares of the technology company's stock worth $67,000 after buying an additional 490 shares during the period. SG Americas Securities LLC raised its position in shares of HealthStream by 9.3% during the first quarter. SG Americas Securities LLC now owns 18,648 shares of the technology company's stock worth $600,000 after purchasing an additional 1,584 shares during the period. Principal Financial Group Inc. lifted its holdings in shares of HealthStream by 2.5% during the 1st quarter. Principal Financial Group Inc. now owns 129,830 shares of the technology company's stock valued at $4,178,000 after purchasing an additional 3,157 shares in the last quarter. Nuveen LLC acquired a new position in shares of HealthStream in the 1st quarter valued at approximately $2,380,000. Finally, Harbor Capital Advisors Inc. increased its stake in HealthStream by 2.4% during the 1st quarter. Harbor Capital Advisors Inc. now owns 424,790 shares of the technology company's stock worth $13,670,000 after purchasing an additional 10,003 shares in the last quarter. Institutional investors and hedge funds own 69.58% of the company's stock.

Wall Street Analysts Forecast Growth

HSTM has been the topic of a number of research reports. Canaccord Genuity Group cut their price target on shares of HealthStream from $29.00 to $28.00 and set a "hold" rating on the stock in a research note on Thursday, August 7th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of HealthStream in a research note on Saturday, September 27th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, HealthStream presently has an average rating of "Moderate Buy" and an average price target of $31.00.

Insider Transactions at HealthStream

In other HealthStream 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 shares were sold at an average price of $27.97, for a total transaction of $55,940.00. Following the completion of the sale, the executive vice president directly owned 17,137 shares in the company, valued at $479,321.89. This trade represents a 10.45% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 20.50% of the stock is owned by company insiders.

HealthStream Stock Down 0.6%

HSTM opened at $27.36 on Monday. HealthStream, Inc. has a 12-month low of $25.36 and a 12-month high of $34.24. The business has a 50 day moving average of $27.63 and a 200-day moving average of $28.70. The stock has a market cap of $810.98 million, a price-to-earnings ratio of 40.84, a PEG ratio of 3.43 and a beta of 0.47.

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

HealthStream Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, August 29th. Shareholders of record on Monday, August 18th were issued a $0.031 dividend. This represents a $0.12 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend was Monday, August 18th. HealthStream's dividend payout ratio is currently 17.91%.

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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