Invesco Ltd. Has $7.89 Million Stock Position in HealthStream, Inc. (NASDAQ:HSTM)

Invesco Ltd. raised its stake in shares of HealthStream, Inc. (NASDAQ:HSTM - Free Report) by 11.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 248,221 shares of the technology company's stock after buying an additional 25,519 shares during the quarter. Invesco Ltd. owned about 0.82% of HealthStream worth $7,893,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Copeland Capital Management LLC grew its holdings in HealthStream by 17,363.4% during the fourth quarter. Copeland Capital Management LLC now owns 379,306 shares of the technology company's stock valued at $12,062,000 after purchasing an additional 377,134 shares during the period. Cerity Partners LLC grew its holdings in shares of HealthStream by 3,889.2% in the 4th quarter. Cerity Partners LLC now owns 300,070 shares of the technology company's stock valued at $9,534,000 after buying an additional 292,548 shares during the period. Norges Bank bought a new stake in shares of HealthStream in the 4th quarter valued at $3,649,000. Vanguard Group Inc. raised its stake in HealthStream by 3.1% during the 4th quarter. Vanguard Group Inc. now owns 3,055,060 shares of the technology company's stock worth $97,151,000 after buying an additional 92,067 shares during the period. Finally, Arrowstreet Capital Limited Partnership lifted its holdings in HealthStream by 47.5% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 221,609 shares of the technology company's stock worth $7,047,000 after acquiring an additional 71,379 shares in the last quarter. 69.58% of the stock is owned by institutional investors.

HealthStream Trading Down 0.9 %

Shares of HealthStream stock traded down $0.32 during trading on Wednesday, reaching $33.63. The stock had a trading volume of 147,203 shares, compared to its average volume of 132,602. The company has a market capitalization of $1.03 billion, a price-to-earnings ratio of 51.74, a P/E/G ratio of 4.37 and a beta of 0.42. The stock has a fifty day moving average price of $32.20 and a two-hundred day moving average price of $31.92. HealthStream, Inc. has a 52 week low of $25.52 and a 52 week high of $34.24.

HealthStream (NASDAQ:HSTM - Get Free Report) last released its earnings results on Monday, February 24th. The technology company reported $0.16 EPS for the quarter, beating the consensus estimate of $0.13 by $0.03. The firm had revenue of $74.24 million for the quarter, compared to analysts' expectations of $73.55 million. HealthStream had a return on equity of 5.67% and a net margin of 6.84%. During the same quarter in the previous year, the business posted $0.14 EPS. On average, equities analysts forecast that HealthStream, Inc. will post 0.63 EPS for the current fiscal year.

HealthStream Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 21st. Investors of record on Monday, March 10th were given a $0.031 dividend. The ex-dividend date of this dividend was Monday, March 10th. This represents a $0.12 dividend on an annualized basis and a yield of 0.37%. This is an increase from HealthStream's previous quarterly dividend of $0.03. HealthStream's dividend payout ratio (DPR) is 18.18%.

Analyst Ratings Changes

Several equities research analysts have issued reports on the company. JMP Securities restated a "market perform" rating on shares of HealthStream in a report on Thursday, February 6th. William Blair restated an "outperform" rating on shares of HealthStream in a report on Tuesday, February 25th. Finally, Canaccord Genuity Group lifted their price target on shares of HealthStream from $29.00 to $30.00 and gave the company a "hold" rating in a research note on Wednesday, February 26th. Two analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, HealthStream presently has a consensus rating of "Moderate Buy" and an average price target of $32.00.

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.