Argent Capital Management LLC reduced its holdings in Addus HomeCare Co. (NASDAQ:ADUS) by 7.1% during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 7,040 shares of the company’s stock after selling 535 shares during the quarter. Argent Capital Management LLC’s holdings in Addus HomeCare were worth $736,000 at the end of the most recent reporting period.
Several other large investors have also added to or reduced their stakes in the business. McIlrath & Eck LLC purchased a new stake in shares of Addus HomeCare during the 1st quarter valued at $32,000. Marshall Wace North America L.P. purchased a new stake in Addus HomeCare during the first quarter valued at about $34,000. Lazard Asset Management LLC lifted its stake in Addus HomeCare by 490.0% during the fourth quarter. Lazard Asset Management LLC now owns 472 shares of the company’s stock worth $55,000 after purchasing an additional 392 shares during the last quarter. Veriti Management LLC bought a new stake in Addus HomeCare during the fourth quarter worth about $64,000. Finally, Nisa Investment Advisors LLC boosted its holdings in shares of Addus HomeCare by 14.3% in the 4th quarter. Nisa Investment Advisors LLC now owns 800 shares of the company’s stock worth $94,000 after purchasing an additional 100 shares in the last quarter. 93.81% of the stock is currently owned by hedge funds and other institutional investors.
In related news, EVP Sean Gaffney sold 498 shares of Addus HomeCare stock in a transaction on Friday, April 30th. The shares were sold at an average price of $107.43, for a total value of $53,500.14. Following the transaction, the executive vice president now directly owns 10,501 shares of the company’s stock, valued at $1,128,122.43. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP David W. Tucker sold 1,173 shares of the company’s stock in a transaction on Friday, April 23rd. The shares were sold at an average price of $110.00, for a total transaction of $129,030.00. Following the sale, the executive vice president now owns 7,069 shares of the company’s stock, valued at $777,590. The disclosure for this sale can be found here. Insiders sold a total of 1,717 shares of company stock worth $187,418 over the last ninety days. Insiders own 4.00% of the company’s stock.
Shares of NASDAQ:ADUS opened at $92.21 on Friday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.33 and a current ratio of 2.33. The stock has a market cap of $1.47 billion, a PE ratio of 44.33, a PEG ratio of 2.04 and a beta of 0.73. The stock has a fifty day simple moving average of $100.32. Addus HomeCare Co. has a 52 week low of $86.11 and a 52 week high of $129.01.
Addus HomeCare (NASDAQ:ADUS) last released its quarterly earnings data on Sunday, May 2nd. The company reported $0.74 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.74. The firm had revenue of $205.30 million for the quarter, compared to the consensus estimate of $209.70 million. Addus HomeCare had a return on equity of 8.50% and a net margin of 4.28%. The company’s quarterly revenue was up 7.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.77 earnings per share. On average, equities research analysts predict that Addus HomeCare Co. will post 3.1 EPS for the current fiscal year.
About Addus HomeCare
Addus HomeCare Corporation, together with its subsidiaries, provides personal care services to elderly, chronically ill, disabled persons, and individuals who are at risk of hospitalization or institutionalization in the United States. It operates through three segments: Personal Care, Hospice, and Home Health.
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