Gotham Asset Management LLC Has $661,000 Holdings in Addus HomeCare Co. (NASDAQ:ADUS)

Gotham Asset Management LLC increased its holdings in shares of Addus HomeCare Co. (NASDAQ:ADUS) by 138.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 5,277 shares of the company’s stock after acquiring an additional 3,063 shares during the quarter. Gotham Asset Management LLC’s holdings in Addus HomeCare were worth $661,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of ADUS. Natixis raised its position in shares of Addus HomeCare by 111.9% in the fourth quarter. Natixis now owns 250 shares of the company’s stock valued at $31,000 after buying an additional 132 shares in the last quarter. Smartleaf Asset Management LLC increased its stake in Addus HomeCare by 324.2% during the 4th quarter. Smartleaf Asset Management LLC now owns 280 shares of the company’s stock worth $35,000 after acquiring an additional 214 shares during the period. Parkside Financial Bank & Trust raised its holdings in Addus HomeCare by 38.6% in the 4th quarter. Parkside Financial Bank & Trust now owns 531 shares of the company’s stock valued at $67,000 after acquiring an additional 148 shares in the last quarter. Meeder Asset Management Inc. bought a new stake in shares of Addus HomeCare during the 4th quarter valued at $77,000. Finally, Harvest Fund Management Co. Ltd bought a new stake in shares of Addus HomeCare during the 4th quarter valued at $86,000. Institutional investors and hedge funds own 95.35% of the company’s stock.

Analyst Upgrades and Downgrades

ADUS has been the subject of a number of analyst reports. Oppenheimer boosted their price target on Addus HomeCare from $145.00 to $150.00 and gave the company an “outperform” rating in a research note on Friday, January 24th. Stephens restated an “overweight” rating and issued a $142.00 target price on shares of Addus HomeCare in a research report on Wednesday, March 12th. JMP Securities reaffirmed a “market outperform” rating and set a $150.00 price target on shares of Addus HomeCare in a report on Tuesday, April 22nd. StockNews.com lowered shares of Addus HomeCare from a “buy” rating to a “hold” rating in a research report on Wednesday, February 26th. Finally, Macquarie boosted their price objective on shares of Addus HomeCare from $129.00 to $133.00 and gave the company an “outperform” rating in a research report on Thursday, May 8th. One research analyst has rated the stock with a hold rating, six have given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $142.57.

Addus HomeCare Trading Up 1.6%

Shares of Addus HomeCare stock opened at $111.63 on Monday. The firm’s 50 day moving average is $100.30 and its 200 day moving average is $113.66. The firm has a market capitalization of $2.05 billion, a PE ratio of 25.54, a price-to-earnings-growth ratio of 1.41 and a beta of 0.85. Addus HomeCare Co. has a 1 year low of $88.96 and a 1 year high of $136.72.

Addus HomeCare (NASDAQ:ADUS) last posted its earnings results on Monday, May 5th. The company reported $1.42 earnings per share for the quarter, topping analysts’ consensus estimates of $1.33 by $0.09. The firm had revenue of $337.71 million for the quarter, compared to analysts’ expectations of $341.66 million. Addus HomeCare had a net margin of 6.50% and a return on equity of 9.62%. The company’s revenue was up 20.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.21 earnings per share. As a group, research analysts anticipate that Addus HomeCare Co. will post 4.59 earnings per share for the current year.

Addus HomeCare Profile

Addus HomeCare Corporation, together with its subsidiaries, provides personal care services to elderly, chronically ill, disabled persons, and individuals who are at risk of hospitalization or institutionalization in the United States. The company operates through three segments: Personal Care, Hospice, and Home Health.