Vontobel Holding Ltd. Trims Position in HealthStream, Inc. (NASDAQ:HSTM)

Vontobel Holding Ltd. lessened its stake in HealthStream, Inc. (NASDAQ:HSTM) by 32.6% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 11,814 shares of the technology company’s stock after selling 5,725 shares during the quarter. Vontobel Holding Ltd.’s holdings in HealthStream were worth $376,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in HSTM. Copeland Capital Management LLC boosted its stake in HealthStream by 17,363.4% during the 4th quarter. Copeland Capital Management LLC now owns 379,306 shares of the technology company’s stock worth $12,062,000 after purchasing an additional 377,134 shares during the last quarter. Robeco Institutional Asset Management B.V. increased its stake in HealthStream by 26.9% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 76,260 shares of the technology company’s stock worth $2,425,000 after purchasing an additional 16,166 shares during the period. Exchange Traded Concepts LLC increased its stake in shares of HealthStream by 4.3% during the fourth quarter. Exchange Traded Concepts LLC now owns 61,856 shares of the technology company’s stock worth $1,967,000 after buying an additional 2,534 shares during the period. Ellsworth Advisors LLC boosted its holdings in HealthStream by 7.9% in the fourth quarter. Ellsworth Advisors LLC now owns 21,617 shares of the technology company’s stock valued at $687,000 after purchasing an additional 1,582 shares in the last quarter. Finally, Annex Advisory Services LLC acquired a new stake in shares of HealthStream in the fourth quarter valued at approximately $1,149,000. Hedge funds and other institutional investors own 69.58% of the company’s stock.

HealthStream Stock Performance

NASDAQ:HSTM opened at $33.58 on Friday. The business has a fifty day moving average of $32.38 and a 200-day moving average of $30.64. HealthStream, Inc. has a 1 year low of $23.92 and a 1 year high of $34.24. The stock has a market cap of $1.02 billion, a price-to-earnings ratio of 51.66, a PEG ratio of 4.43 and a beta of 0.39.

Analyst Ratings Changes

Separately, JMP Securities reiterated a “market perform” rating on shares of HealthStream in a research report on Thursday, February 6th. Two equities research analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, HealthStream presently has an average rating of “Moderate Buy” and an average price target of $31.50.

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.