Thrivent Financial for Lutherans Raises Stake in Viemed Healthcare, Inc. (NASDAQ:VMD)

Thrivent Financial for Lutherans lifted its position in Viemed Healthcare, Inc. (NASDAQ:VMD) by 0.2% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,404,646 shares of the company’s stock after purchasing an additional 5,985 shares during the period. Thrivent Financial for Lutherans owned about 8.77% of Viemed Healthcare worth $22,300,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. raised its stake in Viemed Healthcare by 53.0% during the 1st quarter. Vanguard Group Inc. now owns 1,781,914 shares of the company’s stock valued at $16,803,000 after purchasing an additional 617,009 shares during the period. Kent Lake Capital LLC bought a new stake in shares of Viemed Healthcare during the first quarter valued at approximately $5,557,000. Bard Associates Inc. boosted its position in shares of Viemed Healthcare by 882.0% during the fourth quarter. Bard Associates Inc. now owns 338,335 shares of the company’s stock worth $2,656,000 after acquiring an additional 303,880 shares during the last quarter. Millrace Asset Group Inc. purchased a new position in Viemed Healthcare during the fourth quarter valued at $1,458,000. Finally, Penbrook Management LLC grew its stake in Viemed Healthcare by 236.0% during the second quarter. Penbrook Management LLC now owns 231,607 shares of the company’s stock valued at $1,517,000 after acquiring an additional 162,670 shares in the last quarter. 74.24% of the stock is currently owned by institutional investors.

Viemed Healthcare Stock Down 0.3 %

Shares of VMD stock opened at $7.31 on Tuesday. The stock has a market cap of $283.78 million, a P/E ratio of 28.12 and a beta of 1.47. The company’s fifty day simple moving average is $7.27 and its two-hundred day simple moving average is $7.56. The company has a quick ratio of 1.29, a current ratio of 1.43 and a debt-to-equity ratio of 0.07. Viemed Healthcare, Inc. has a 52 week low of $5.90 and a 52 week high of $10.44.

Viemed Healthcare (NASDAQ:VMD) last released its quarterly earnings results on Wednesday, August 7th. The company reported $0.04 earnings per share for the quarter, missing the consensus estimate of $0.07 by ($0.03). The firm had revenue of $54.97 million for the quarter. Viemed Healthcare had a net margin of 4.60% and a return on equity of 8.23%.

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.