Copeland Capital Management LLC Grows Holdings in HealthStream, Inc. $HSTM

Copeland Capital Management LLC lifted its stake in HealthStream, Inc. (NASDAQ:HSTM) by 43.8% during the 1st quarter, HoldingsChannel.com reports. The fund owned 1,276,739 shares of the technology company’s stock after purchasing an additional 389,186 shares during the quarter. Copeland Capital Management LLC’s holdings in HealthStream were worth $26,441,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in HSTM. Danske Bank A S increased its holdings in HealthStream by 175.0% in the 4th quarter. Danske Bank A S now owns 1,100 shares of the technology company’s stock valued at $25,000 after purchasing an additional 700 shares during the last quarter. Hantz Financial Services Inc. lifted its stake in HealthStream by 2,035.5% during the fourth quarter. Hantz Financial Services Inc. now owns 1,324 shares of the technology company’s stock worth $31,000 after purchasing an additional 1,262 shares in the last quarter. Aquatic Capital Management LLC acquired a new position in HealthStream during the third quarter worth $40,000. Tower Research Capital LLC TRC lifted its stake in HealthStream by 241.4% during the second quarter. Tower Research Capital LLC TRC now owns 2,407 shares of the technology company’s stock worth $67,000 after purchasing an additional 1,702 shares in the last quarter. Finally, GAMMA Investing LLC boosted its position in shares of HealthStream by 131.4% during the fourth quarter. GAMMA Investing LLC now owns 3,649 shares of the technology company’s stock worth $84,000 after buying an additional 2,072 shares during the period. 69.58% of the stock is currently owned by institutional investors and hedge funds.

HealthStream Stock Down 1.6%

HealthStream stock opened at $28.48 on Friday. The firm has a market cap of $832.19 million, a PE ratio of 42.51, a price-to-earnings-growth ratio of 3.28 and a beta of 0.45. HealthStream, Inc. has a 52-week low of $19.50 and a 52-week high of $30.00. The company’s 50 day moving average is $25.91 and its two-hundred day moving average is $22.96.

HealthStream (NASDAQ:HSTM) last posted its quarterly earnings results on Monday, May 4th. The technology company reported $0.20 EPS for the quarter, topping the consensus estimate of $0.16 by $0.04. The business had revenue of $81.20 million during the quarter, compared to the consensus estimate of $79.68 million. HealthStream had a net margin of 6.39% and a return on equity of 6.47%. On average, equities research analysts anticipate that HealthStream, Inc. will post 0.74 earnings per share for the current fiscal year.

HealthStream Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Monday, May 18th were issued a $0.035 dividend. The ex-dividend date was Monday, May 18th. This represents a $0.14 dividend on an annualized basis and a yield of 0.5%. HealthStream’s dividend payout ratio (DPR) is 20.90%.

Insiders Place Their Bets

In other HealthStream news, EVP Kevin P. O’hara sold 3,000 shares of the company’s stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $24.08, for a total transaction of $72,240.00. Following the sale, the executive vice president owned 20,982 shares in the company, valued at $505,246.56. This represents a 12.51% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Linda Rebrovick sold 6,000 shares of the stock in a transaction dated Monday, July 6th. The shares were sold at an average price of $29.00, for a total value of $174,000.00. Following the completion of the sale, the director directly owned 51,329 shares in the company, valued at $1,488,541. This represents a 10.47% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 11,000 shares of company stock valued at $296,240. 20.40% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on HSTM shares. Wall Street Zen upgraded HealthStream from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. Canaccord Genuity Group raised their target price on HealthStream to $24.00 and gave the company a “hold” rating in a report on Wednesday, May 6th. Finally, Weiss Ratings raised HealthStream from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday, June 23rd. Three equities research analysts have rated the stock with a Hold rating, According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $24.00.

HealthStream Company Profile

HealthStream, Inc is a Nashville, Tennessee–based provider of workforce development and learning management solutions for healthcare organizations. Since its founding in 1990, the company has focused on helping hospitals, clinics and other care providers streamline staff training, ensure regulatory compliance and monitor employee performance. HealthStream’s platform integrates online courses, skill competency assessments and credential management tools to support workforce readiness across the healthcare continuum.

The company’s core offerings include a learning management system (LMS) designed specifically for clinical and nonclinical personnel, a competency management suite that tracks skill acquisition and validation, and a content library featuring evidence-based clinical and compliance training modules.