Sterling Capital Management LLC Has $1.74 Million Position in Almost Family Inc (AFAM)

Sterling Capital Management LLC decreased its position in shares of Almost Family Inc (NASDAQ:AFAM) by 16.8% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 28,177 shares of the company’s stock after selling 5,699 shares during the period. Sterling Capital Management LLC owned 0.21% of Almost Family worth $1,737,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of AFAM. Goldman Sachs Group Inc. lifted its position in Almost Family by 1,571.9% during the first quarter. Goldman Sachs Group Inc. now owns 576,664 shares of the company’s stock valued at $28,026,000 after acquiring an additional 542,172 shares during the last quarter. FMR LLC lifted its position in Almost Family by 33.5% during the first quarter. FMR LLC now owns 2,077,849 shares of the company’s stock valued at $100,984,000 after acquiring an additional 521,870 shares during the last quarter. Vanguard Group Inc. lifted its position in Almost Family by 33.0% during the first quarter. Vanguard Group Inc. now owns 637,314 shares of the company’s stock valued at $30,973,000 after acquiring an additional 157,955 shares during the last quarter. Capital Research Global Investors lifted its position in Almost Family by 46.0% during the second quarter. Capital Research Global Investors now owns 457,000 shares of the company’s stock valued at $28,174,000 after acquiring an additional 144,000 shares during the last quarter. Finally, State Street Corp lifted its position in Almost Family by 43.4% during the first quarter. State Street Corp now owns 321,682 shares of the company’s stock valued at $15,638,000 after acquiring an additional 97,392 shares during the last quarter. 85.48% of the stock is owned by institutional investors.

Almost Family Inc (NASDAQ AFAM) opened at 47.05 on Thursday. Almost Family Inc has a 52 week low of $36.39 and a 52 week high of $62.95. The firm’s 50-day moving average is $48.85 and its 200-day moving average is $52.49. The firm has a market cap of $645.38 million, a price-to-earnings ratio of 32.03 and a beta of 0.47.

Almost Family (NASDAQ:AFAM) last issued its quarterly earnings data on Tuesday, August 8th. The company reported $0.56 earnings per share for the quarter, hitting the consensus estimate of $0.56. The business had revenue of $200.70 million during the quarter, compared to the consensus estimate of $205.48 million. Almost Family had a net margin of 2.43% and a return on equity of 7.09%. The company’s revenue was up 28.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.61 EPS. On average, equities analysts anticipate that Almost Family Inc will post $2.15 earnings per share for the current year.

A number of research firms recently commented on AFAM. Robert W. Baird cut shares of Almost Family from an “outperform” rating to a “neutral” rating and increased their target price for the company from $55.00 to $64.00 in a research report on Monday, July 10th. Zacks Investment Research cut shares of Almost Family from a “hold” rating to a “sell” rating in a research report on Wednesday, July 12th. BidaskClub cut shares of Almost Family from a “buy” rating to a “hold” rating in a research report on Monday, July 24th. ValuEngine cut shares of Almost Family from a “buy” rating to a “hold” rating in a research report on Monday, October 2nd. Finally, J P Morgan Chase & Co began coverage on shares of Almost Family in a research report on Monday, October 9th. They set a “neutral” rating and a $54.00 target price for the company. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and two have given a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $56.50.

COPYRIGHT VIOLATION NOTICE: This story was first reported by The Ledger Gazette and is the property of of The Ledger Gazette. If you are viewing this story on another website, it was illegally copied and reposted in violation of international trademark and copyright legislation. The correct version of this story can be viewed at https://ledgergazette.com/2017/10/19/sterling-capital-management-llc-has-1-74-million-position-in-almost-family-inc-afam.html.

In other news, SVP John Shermyen sold 2,000 shares of the business’s stock in a transaction that occurred on Thursday, September 28th. The shares were sold at an average price of $52.00, for a total transaction of $104,000.00. Following the completion of the sale, the senior vice president n

A number of other large investors have also recently bought and sold shares of AFAM. Goldman Sachs Group Inc. lifted its position in Almost Family by 1,571.9% during the first quarter. Goldman Sachs Group Inc. now owns 576,664 shares of the company’s stock valued at $28,026,000 after acquiring an additional 542,172 shares during the last quarter. FMR LLC lifted its position in Almost Family by 33.5% during the first quarter. FMR LLC now owns 2,077,849 shares of the company’s stock valued at $100,984,000 after acquiring an additional 521,870 shares during the last quarter. Vanguard Group Inc. lifted its position in Almost Family by 33.0% during the first quarter. Vanguard Group Inc. now owns 637,314 shares of the company’s stock valued at $30,973,000 after acquiring an additional 157,955 shares during the last quarter. Capital Research Global Investors lifted its position in Almost Family by 46.0% during the second quarter. Capital Research Global Investors now owns 457,000 shares of the company’s stock valued at $28,174,000 after acquiring an additional 144,000 shares during the last quarter. Finally, State Street Corp lifted its position in Almost Family by 43.4% during the first quarter. State Street Corp now owns 321,682 shares of the company’s stock valued at $15,638,000 after acquiring an additional 97,392 shares during the last quarter. 85.48% of the stock is owned by institutional investors.

Almost Family Inc (NASDAQ AFAM) opened at 47.05 on Thursday. Almost Family Inc has a 52 week low of $36.39 and a 52 week high of $62.95. The firm’s 50-day moving average is $48.85 and its 200-day moving average is $52.49. The firm has a market cap of $645.38 million, a price-to-earnings ratio of 32.03 and a beta of 0.47.

Almost Family (NASDAQ:AFAM) last issued its quarterly earnings data on Tuesday, August 8th. The company reported $0.56 earnings per share for the quarter, hitting the consensus estimate of $0.56. The business had revenue of $200.70 million during the quarter, compared to the consensus estimate of $205.48 million. Almost Family had a net margin of 2.43% and a return on equity of 7.09%. The company’s revenue was up 28.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.61 EPS. On average, equities analysts anticipate that Almost Family Inc will post $2.15 earnings per share for the current year.

A number of research firms recently commented on AFAM. Robert W. Baird cut shares of Almost Family from an “outperform” rating to a “neutral” rating and increased their target price for the company from $55.00 to $64.00 in a research report on Monday, July 10th. Zacks Investment Research cut shares of Almost Family from a “hold” rating to a “sell” rating in a research report on Wednesday, July 12th. BidaskClub cut shares of Almost Family from a “buy” rating to a “hold” rating in a research report on Monday, July 24th. ValuEngine cut shares of Almost Family from a “buy” rating to a “hold” rating in a research report on Monday, October 2nd. Finally, J P Morgan Chase & Co began coverage on shares of Almost Family in a research report on Monday, October 9th. They set a “neutral” rating and a $54.00 target price for the company. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and two have given a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $56.50.

COPYRIGHT VIOLATION NOTICE: This story was first reported by The Ledger Gazette and is the property of of The Ledger Gazette. If you are viewing this story on another website, it was illegally copied and reposted in violation of international trademark and copyright legislation. The correct version of this story can be viewed at https://ledgergazette.com/2017/10/19/sterling-capital-management-llc-has-1-74-million-position-in-almost-family-inc-afam.html.

In other news, SVP John Shermyen sold 2,000 shares of the business’s stock in a transaction that occurred on Thursday, September 28th. The shares were sold at an average price of $52.00, for a total transaction of $104,000.00. Following the completion of the sale, the senior vice president now owns 79,864 shares in the company, valued at approximately $4,152,928. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 13.10% of the stock is currently owned by insiders.

Almost Family Company Profile

Almost Family, Inc is a provider of home healthcare services. The Company has two divisions: Home Health and Healthcare Innovations (HCI). The Home Health division consists of two segments: Visiting Nurse Services (VN or Visiting Nurse) and Personal Care Services (PC or Personal Care). The VN segment provides a range of Medicare-certified home health nursing services to patients in need of recuperative care, following a period of hospitalization or care in another type of inpatient facility.

Institutional Ownership by Quarter for Almost Family (NASDAQ:AFAM)

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