OxFORD Asset Management LLP decreased its position in Addus HomeCare Corporation (NASDAQ:ADUS) by 7.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 70,407 shares of the company’s stock after selling 5,474 shares during the period. OxFORD Asset Management LLP owned 0.61% of Addus HomeCare worth $2,503,000 at the end of the most recent quarter.
A number of other institutional investors have also recently bought and sold shares of the stock. Dimensional Fund Advisors LP boosted its holdings in Addus HomeCare by 2.3% in the third quarter. Dimensional Fund Advisors LP now owns 887,121 shares of the company’s stock valued at $31,316,000 after acquiring an additional 19,823 shares during the last quarter. FMR LLC boosted its holdings in Addus HomeCare by 0.4% during the second quarter. FMR LLC now owns 707,448 shares of the company’s stock worth $26,317,000 after buying an additional 3,138 shares during the last quarter. Cortina Asset Management LLC boosted its holdings in Addus HomeCare by 12.6% during the third quarter. Cortina Asset Management LLC now owns 609,003 shares of the company’s stock worth $21,498,000 after buying an additional 68,010 shares during the last quarter. Vanguard Group Inc. boosted its holdings in Addus HomeCare by 6.6% during the second quarter. Vanguard Group Inc. now owns 339,297 shares of the company’s stock worth $12,622,000 after buying an additional 20,858 shares during the last quarter. Finally, Russell Investments Group Ltd. boosted its holdings in Addus HomeCare by 0.9% during the third quarter. Russell Investments Group Ltd. now owns 302,730 shares of the company’s stock worth $10,686,000 after buying an additional 2,629 shares during the last quarter. Institutional investors and hedge funds own 92.97% of the company’s stock.
A number of equities analysts have issued reports on the company. Oppenheimer restated a “buy” rating and set a $45.00 target price on shares of Addus HomeCare in a report on Tuesday, September 19th. Robert W. Baird restated a “hold” rating and set a $40.00 target price on shares of Addus HomeCare in a report on Thursday, August 24th. Finally, Zacks Investment Research cut Addus HomeCare from a “buy” rating to a “hold” rating in a report on Friday, August 18th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $41.33.
Addus HomeCare Corporation (ADUS) opened at $32.20 on Tuesday. Addus HomeCare Corporation has a 1-year low of $29.90 and a 1-year high of $40.75. The company has a current ratio of 2.68, a quick ratio of 2.68 and a debt-to-equity ratio of 0.23. The firm has a market capitalization of $385.01, a PE ratio of 22.36, a PEG ratio of 1.55 and a beta of 0.17.
Addus HomeCare (NASDAQ:ADUS) last released its quarterly earnings data on Monday, November 6th. The company reported $0.42 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.38 by $0.04. Addus HomeCare had a return on equity of 10.35% and a net margin of 4.30%. The business had revenue of $108.60 million for the quarter, compared to analysts’ expectations of $108.99 million. During the same quarter in the previous year, the business posted $0.39 EPS. Addus HomeCare’s revenue for the quarter was up 4.9% on a year-over-year basis. analysts forecast that Addus HomeCare Corporation will post 1.42 earnings per share for the current fiscal year.
About Addus HomeCare
Addus HomeCare Corporation is a provider of personal care services, which are provided primarily in the home. The Company’s personal care services include assistance with bathing, grooming, oral care, skincare, assistance with feeding and dressing, medication reminders, meal planning and preparation, housekeeping and transportation services and other activities of daily living.
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