Paradigm Capital Management Inc. NY Boosts Stock Holdings in Viemed Healthcare, Inc. (NASDAQ:VMD)

Paradigm Capital Management Inc. NY lifted its position in shares of Viemed Healthcare, Inc. (NASDAQ:VMD) by 25.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 400,000 shares of the company’s stock after acquiring an additional 80,000 shares during the period. Paradigm Capital Management Inc. NY owned approximately 1.03% of Viemed Healthcare worth $2,620,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Apis Capital Advisors LLC increased its holdings in shares of Viemed Healthcare by 193.0% in the 2nd quarter. Apis Capital Advisors LLC now owns 234,400 shares of the company’s stock worth $1,535,000 after purchasing an additional 154,400 shares in the last quarter. Renaissance Technologies LLC boosted its position in shares of Viemed Healthcare by 50.9% during the second quarter. Renaissance Technologies LLC now owns 438,700 shares of the company’s stock valued at $2,873,000 after buying an additional 147,900 shares during the last quarter. WINTON GROUP Ltd increased its holdings in Viemed Healthcare by 263.3% in the 2nd quarter. WINTON GROUP Ltd now owns 83,795 shares of the company’s stock worth $549,000 after buying an additional 60,727 shares in the last quarter. Evernest Financial Advisors LLC purchased a new position in Viemed Healthcare in the 2nd quarter worth about $66,000. Finally, Victory Capital Management Inc. lifted its stake in Viemed Healthcare by 21.1% during the 2nd quarter. Victory Capital Management Inc. now owns 12,791 shares of the company’s stock valued at $84,000 after acquiring an additional 2,226 shares during the period. 74.24% of the stock is currently owned by hedge funds and other institutional investors.

Viemed Healthcare Stock Performance

Shares of VMD stock opened at $7.31 on Tuesday. The company has a quick ratio of 1.29, a current ratio of 1.43 and a debt-to-equity ratio of 0.07. The company has a 50 day moving average price of $7.27 and a 200-day moving average price of $7.56. Viemed Healthcare, Inc. has a 52 week low of $5.90 and a 52 week high of $10.44. The firm has a market capitalization of $283.78 million, a PE ratio of 28.12 and a beta of 1.47.

Viemed Healthcare (NASDAQ:VMD) last posted its earnings results on Wednesday, August 7th. The company reported $0.04 EPS for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.03). The company had revenue of $54.97 million during the quarter. Viemed Healthcare had a return on equity of 8.23% and a net margin of 4.60%.

Viemed Healthcare Company 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.