Barclays PLC Has $1.70 Million Stock Holdings in HealthStream, Inc. (NASDAQ:HSTM)

Barclays PLC lifted its stake in shares of HealthStream, Inc. (NASDAQ:HSTM) by 145.0% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 58,838 shares of the technology company’s stock after purchasing an additional 34,821 shares during the quarter. Barclays PLC owned 0.19% of HealthStream worth $1,697,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of HSTM. Deerfield Management Company L.P. Series C bought a new stake in HealthStream during the second quarter worth about $626,000. State Street Corp lifted its holdings in shares of HealthStream by 1.2% during the 3rd quarter. State Street Corp now owns 974,235 shares of the technology company’s stock worth $28,097,000 after acquiring an additional 11,976 shares during the period. Harbor Capital Advisors Inc. boosted its position in shares of HealthStream by 141.2% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 400,033 shares of the technology company’s stock worth $11,537,000 after acquiring an additional 234,148 shares in the last quarter. First Eagle Investment Management LLC increased its stake in HealthStream by 7.1% in the second quarter. First Eagle Investment Management LLC now owns 530,178 shares of the technology company’s stock valued at $14,792,000 after acquiring an additional 35,350 shares during the last quarter. Finally, FMR LLC raised its position in HealthStream by 24.0% during the third quarter. FMR LLC now owns 119,067 shares of the technology company’s stock valued at $3,434,000 after purchasing an additional 23,055 shares in the last quarter. Institutional investors own 69.58% of the company’s stock.

Analysts Set New Price Targets

HSTM has been the topic of a number of research analyst reports. Craig Hallum raised HealthStream to a “strong-buy” rating in a report on Thursday, October 17th. Barclays lifted their target price on HealthStream from $32.00 to $34.00 and gave the company an “overweight” rating in a research report on Wednesday, October 23rd. Finally, Canaccord Genuity Group increased their target price on shares of HealthStream from $28.00 to $29.00 and gave the stock a “hold” rating in a report on Wednesday, October 23rd. One equities research analyst has rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, HealthStream presently has a consensus rating of “Buy” and an average target price of $31.50.

HealthStream Stock Performance

Shares of HSTM opened at $31.38 on Friday. The stock has a market capitalization of $954.42 million, a price-to-earnings ratio of 48.28, a PEG ratio of 4.30 and a beta of 0.40. HealthStream, Inc. has a 52 week low of $23.92 and a 52 week high of $33.52. The stock has a fifty day moving average of $32.03 and a 200-day moving average of $29.85.

HealthStream (NASDAQ:HSTM) last posted its earnings results on Monday, October 21st. The technology company reported $0.19 EPS for the quarter, beating the consensus estimate of $0.13 by $0.06. HealthStream had a return on equity of 5.67% and a net margin of 6.84%. The firm had revenue of $73.10 million during the quarter, compared to the consensus estimate of $73.53 million. During the same period last year, the company earned $0.13 earnings per share. The business’s quarterly revenue was up 4.0% on a year-over-year basis. As a group, equities analysts forecast that HealthStream, Inc. will post 0.63 EPS for the current year.

HealthStream Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, November 15th. Shareholders of record on Monday, November 4th were given a $0.028 dividend. This represents a $0.11 annualized dividend and a yield of 0.36%. The ex-dividend date was Monday, November 4th. HealthStream’s dividend payout ratio (DPR) is currently 16.92%.

About HealthStream

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.