Oppenheimer Asset Management Inc. Sells 7,167 Shares of Viemed Healthcare, Inc. (NASDAQ:VMD)

Oppenheimer Asset Management Inc. lessened its position in shares of Viemed Healthcare, Inc. (NASDAQ:VMD) by 23.7% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 23,055 shares of the company’s stock after selling 7,167 shares during the period. Oppenheimer Asset Management Inc. owned 0.06% of Viemed Healthcare worth $185,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Rice Hall James & Associates LLC bought a new position in shares of Viemed Healthcare in the 4th quarter worth $2,083,000. Rhumbline Advisers increased its holdings in Viemed Healthcare by 15.5% during the fourth quarter. Rhumbline Advisers now owns 46,836 shares of the company’s stock worth $376,000 after buying an additional 6,275 shares during the last quarter. R Squared Ltd bought a new stake in shares of Viemed Healthcare in the 4th quarter worth approximately $41,000. SG Americas Securities LLC raised its stake in Viemed Healthcare by 193.1% in the 4th quarter. SG Americas Securities LLC now owns 35,579 shares of the company’s stock valued at $285,000 after acquiring an additional 23,442 shares during the period. Finally, JPMorgan Chase & Co. lifted its stake in shares of Viemed Healthcare by 151.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 98,798 shares of the company’s stock valued at $724,000 after buying an additional 59,538 shares in the last quarter. 74.24% of the stock is owned by institutional investors and hedge funds.

Viemed Healthcare Price Performance

Shares of NASDAQ VMD opened at $7.50 on Friday. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.19 and a current ratio of 1.31. The stock has a market cap of $292.03 million, a PE ratio of 27.78 and a beta of 1.50. Viemed Healthcare, Inc. has a fifty-two week low of $6.21 and a fifty-two week high of $10.44. The stock has a fifty day moving average of $8.01 and a 200-day moving average of $8.18.

Viemed Healthcare Profile

Viemed Healthcare, Inc, together with its subsidiaries, provides home medical equipment (HME) and post-acute respiratory healthcare services to patients in the United States. It provides respiratory disease management solutions, including treatment of chronic obstructive pulmonary disease (COPD), which include non-invasive ventilation, percussion vests, and other therapies; and invasive and non-invasive ventilation and related equipment and supplies to patients suffering from COPD.