Campbell & CO Investment Adviser LLC Purchases Shares of 47,504 Healthcare Services Group, Inc. (NASDAQ:HCSG)

Campbell & CO Investment Adviser LLC purchased a new stake in Healthcare Services Group, Inc. (NASDAQ:HCSGFree Report) during the 3rd quarter, HoldingsChannel.com reports. The fund purchased 47,504 shares of the business services provider’s stock, valued at approximately $495,000.

Other large investors have also made changes to their positions in the company. Charles Schwab Investment Management Inc. boosted its position in Healthcare Services Group by 3.3% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,488,356 shares of the business services provider’s stock valued at $15,524,000 after buying an additional 46,951 shares in the last quarter. Heartland Advisors Inc. boosted its position in Healthcare Services Group by 34.5% in the third quarter. Heartland Advisors Inc. now owns 1,597,456 shares of the business services provider’s stock valued at $17,591,000 after buying an additional 409,417 shares in the last quarter. Quantbot Technologies LP acquired a new position in shares of Healthcare Services Group during the third quarter worth $371,000. New York State Common Retirement Fund lifted its holdings in shares of Healthcare Services Group by 24.3% during the third quarter. New York State Common Retirement Fund now owns 466,670 shares of the business services provider’s stock worth $4,867,000 after purchasing an additional 91,227 shares during the period. Finally, Van Hulzen Asset Management LLC lifted its holdings in shares of Healthcare Services Group by 50.8% during the third quarter. Van Hulzen Asset Management LLC now owns 60,288 shares of the business services provider’s stock worth $629,000 after purchasing an additional 20,313 shares during the period. Institutional investors and hedge funds own 97.97% of the company’s stock.

Healthcare Services Group Stock Performance

Healthcare Services Group stock opened at $9.70 on Tuesday. Healthcare Services Group, Inc. has a fifty-two week low of $8.75 and a fifty-two week high of $15.97. The stock has a market cap of $716.35 million, a PE ratio of 22.05 and a beta of 0.38. The firm’s 50-day simple moving average is $9.90 and its 200 day simple moving average is $10.49.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on HCSG shares. Benchmark reiterated a “buy” rating and set a $16.00 price target on shares of Healthcare Services Group in a report on Friday, December 22nd. StockNews.com raised shares of Healthcare Services Group from a “sell” rating to a “hold” rating in a research note on Monday. Royal Bank of Canada decreased their price target on shares of Healthcare Services Group from $16.00 to $14.00 and set an “outperform” rating for the company in a research note on Thursday, October 26th. Finally, UBS Group started coverage on shares of Healthcare Services Group in a research note on Thursday, November 30th. They issued a “neutral” rating and a $11.00 price target for the company. Four research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $13.80.

Get Our Latest Research Report on Healthcare Services Group

Healthcare Services Group Company Profile

(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.

Read More

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:HCSGFree Report).

Institutional Ownership by Quarter for Healthcare Services Group (NASDAQ:HCSG)

Receive News & Ratings for Healthcare Services Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Healthcare Services Group and related companies with MarketBeat.com's FREE daily email newsletter.