Swiss National Bank boosted its stake in Almost Family Inc (NASDAQ:AFAM) by 8.6% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 20,253 shares of the company’s stock after buying an additional 1,600 shares during the quarter. Swiss National Bank owned approximately 0.14% of Almost Family worth $1,121,000 at the end of the most recent quarter.
A number of other hedge funds also recently added to or reduced their stakes in the business. California State Teachers Retirement System lifted its position in Almost Family by 3.7% in the 2nd quarter. California State Teachers Retirement System now owns 22,601 shares of the company’s stock worth $1,393,000 after buying an additional 800 shares in the last quarter. Rhumbline Advisers lifted its position in Almost Family by 4.7% in the 3rd quarter. Rhumbline Advisers now owns 25,623 shares of the company’s stock worth $1,376,000 after buying an additional 1,155 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in Almost Family by 24.5% in the 3rd quarter. Envestnet Asset Management Inc. now owns 6,245 shares of the company’s stock worth $335,000 after buying an additional 1,229 shares in the last quarter. Sei Investments Co. lifted its position in Almost Family by 1,261.0% in the 3rd quarter. Sei Investments Co. now owns 1,361 shares of the company’s stock worth $110,000 after buying an additional 1,261 shares in the last quarter. Finally, BNP Paribas Arbitrage SA lifted its position in Almost Family by 53.4% in the 3rd quarter. BNP Paribas Arbitrage SA now owns 6,594 shares of the company’s stock worth $354,000 after buying an additional 2,295 shares in the last quarter. Institutional investors own 84.64% of the company’s stock.
AFAM has been the subject of a number of research analyst reports. SunTrust Banks set a $73.00 target price on shares of Almost Family and gave the stock a “hold” rating in a research report on Friday, November 17th. Royal Bank of Canada downgraded shares of Almost Family from an “outperform” rating to a “sector perform” rating and increased their target price for the stock from $54.00 to $62.00 in a research report on Monday, November 20th. Robert W. Baird set a $65.00 target price on shares of Almost Family and gave the stock a “hold” rating in a research report on Tuesday, November 28th. ValuEngine downgraded shares of Almost Family from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. Finally, BidaskClub downgraded shares of Almost Family from a “sell” rating to a “strong sell” rating in a research report on Friday, December 29th. One investment analyst has rated the stock with a sell rating, six have given a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $61.71.
Almost Family Inc (AFAM) opened at $58.15 on Thursday. The firm has a market cap of $815.08, a price-to-earnings ratio of 27.48, a PEG ratio of 1.12 and a beta of 0.52. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.97 and a current ratio of 1.97. Almost Family Inc has a twelve month low of $40.15 and a twelve month high of $66.15.
Almost Family (NASDAQ:AFAM) last released its quarterly earnings results on Monday, February 26th. The company reported $0.58 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.58. The business had revenue of $200.62 million for the quarter, compared to the consensus estimate of $203.44 million. Almost Family had a net margin of 2.56% and a return on equity of 5.88%. Almost Family’s revenue for the quarter was up 30.8% on a year-over-year basis. During the same quarter last year, the firm earned $0.59 EPS. sell-side analysts forecast that Almost Family Inc will post 3.06 earnings per share for the current fiscal year.
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Almost Family 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.
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