Seizert Capital Partners LLC Sells 335 Shares of HealthStream, Inc. (NASDAQ:HSTM)

Seizert Capital Partners LLC lowered its stake in shares of HealthStream, Inc. (NASDAQ:HSTM) by 2.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,157 shares of the technology company’s stock after selling 335 shares during the period. Seizert Capital Partners LLC’s holdings in HealthStream were worth $355,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. Quarry LP purchased a new position in HealthStream during the third quarter valued at $27,000. Vestcor Inc grew its position in shares of HealthStream by 35.1% during the third quarter. Vestcor Inc now owns 7,494 shares of the technology company’s stock valued at $216,000 after purchasing an additional 1,946 shares in the last quarter. Diversified Trust Co increased its holdings in shares of HealthStream by 20.5% in the fourth quarter. Diversified Trust Co now owns 8,733 shares of the technology company’s stock worth $278,000 after purchasing an additional 1,486 shares during the last quarter. Centiva Capital LP purchased a new stake in shares of HealthStream in the third quarter worth about $260,000. Finally, Y Intercept Hong Kong Ltd bought a new position in HealthStream during the third quarter valued at approximately $260,000. Hedge funds and other institutional investors own 69.58% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have issued reports on HSTM. William Blair reaffirmed an “outperform” rating on shares of HealthStream in a research note on Tuesday, February 25th. Canaccord Genuity Group boosted their price target on shares of HealthStream from $29.00 to $30.00 and gave the stock a “hold” rating in a research report on Wednesday, February 26th. Finally, JMP Securities reiterated a “market perform” rating on shares of HealthStream in a research report on Thursday, February 6th. Two analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $32.00.

HealthStream Price Performance

NASDAQ:HSTM opened at $33.23 on Thursday. The firm has a market capitalization of $1.01 billion, a price-to-earnings ratio of 51.12, a PEG ratio of 4.37 and a beta of 0.39. The business has a 50 day simple moving average of $32.60 and a 200-day simple moving average of $30.98. HealthStream, Inc. has a 1 year low of $23.92 and a 1 year high of $34.24.

HealthStream (NASDAQ:HSTM) last issued its quarterly earnings results on Monday, February 24th. The technology company reported $0.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.13 by $0.03. HealthStream had a return on equity of 5.67% and a net margin of 6.84%. The company had revenue of $74.24 million during the quarter, compared to the consensus estimate of $73.55 million. During the same period last year, the company earned $0.14 earnings per share. As a group, analysts expect that HealthStream, Inc. will post 0.63 earnings per share for the current fiscal year.

HealthStream Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 21st. Investors of record on Monday, March 10th will be issued a dividend of $0.031 per share. This represents a $0.12 annualized dividend and a yield of 0.37%. This is an increase from HealthStream’s previous quarterly dividend of $0.03. The ex-dividend date is Monday, March 10th. HealthStream’s dividend payout ratio is presently 18.18%.

HealthStream Profile

HealthStream, Inc provides Software-as-a-Service (SaaS) based applications for healthcare organizations in the United States. The company’s solutions help healthcare organizations in meeting their ongoing clinical development, talent management, training, education, assessment, competency management, safety and compliance, and scheduling, as well as provider credentialing, privileging, and enrollment needs.