2 weeks Ago By ABMN Staff
JPMorgan Chase & Co. reduced its stake in Healthcare Services Group, Inc. ( NASDAQ:HCSG – Free Report ) by 9.
4% during the fourth quarter, Holdings Channel.com reports. The fund owned 700,651 shares of the business services provider’s stock after selling 72,984 shares during the quarter.
JPMorgan Chase & Co.’s holdings in Healthcare Services Group were worth $8,138,000 at the end of the most recent quarter. Other institutional investors have also modified their holdings of the company.
GAMMA Investing LLC grew its stake in Healthcare Services Group by 100.8% in the fourth quarter. GAMMA Investing LLC now owns 2,137 shares of the business services provider’s stock worth $25,000 after purchasing an additional 1,073 shares in the last quarter.
Tidal Investments LLC lifted its holdings in shares of Healthcare Services Group by 1.7% in the 3rd quarter. Tidal Investments LLC now owns 78,218 shares of the business services provider’s stock worth $874,000 after buying an additional 1,276 shares during the period.
Confluence Investment Management LLC grew its position in shares of Healthcare Services Group by 1.1% during the 4th quarter. Confluence Investment Management LLC now owns 168,841 shares of the business services provider’s stock worth $1,961,000 after buying an additional 1,897 shares in the last quarter.
SBI Securities Co. Ltd. purchased a new position in shares of Healthcare Services Group during the fourth quarter valued at $25,000.
Finally, Redmond Asset Management LLC raised its holdings in shares of Healthcare Services Group by 2.3% in the fourth quarter. Redmond Asset Management LLC now owns 118,756 shares of the business services provider’s stock valued at $1,379,000 after acquiring an additional 2,614 shares in the last quarter.
97.97% of the stock is owned by hedge funds and other institutional investors. Healthcare Services Group Stock Down 1.
4 % Shares of Healthcare Services Group stock opened at $9.65 on Wednesday. The company has a market cap of $709.
16 million, a P/E ratio of 17.87 and a beta of 0.62.
The firm’s 50 day moving average price is $10.45 and its 200-day moving average price is $11.09.
Healthcare Services Group, Inc. has a 52-week low of $9.50 and a 52-week high of $12.
99. Analyst Upgrades and Downgrades Several equities research analysts have recently commented on the stock. Benchmark restated a “buy” rating and issued a $17.
00 price target on shares of Healthcare Services Group in a report on Thursday, December 19th. StockNews.com downgraded shares of Healthcare Services Group from a “buy” rating to a “hold” rating in a research note on Wednesday, February 19th.
Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $14.
00. Get Our Latest Report on HCSG About Healthcare Services Group ( Free Report ) Healthcare Services Group, Inc provides management, administrative, and operating services to the housekeeping, laundry, linen, facility maintenance, and dietary service departments of nursing homes, retirement complexes, rehabilitation centers, and hospitals in the United States. It operates through two segments, Housekeeping and Dietary.
Recommended Stories Want to see what other hedge funds are holding HCSG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Healthcare Services Group, Inc. ( NASDAQ:HCSG – Free Report ).
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