Teacher Retirement System of Texas Has $886,000 Position in HealthStream, Inc. (NASDAQ:HSTM)

Teacher Retirement System of Texas increased its position in HealthStream, Inc. (NASDAQ:HSTM) by 10.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 32,773 shares of the technology company’s stock after buying an additional 3,066 shares during the quarter. Teacher Retirement System of Texas owned 0.11% of HealthStream worth $886,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. Signaturefd LLC increased its stake in shares of HealthStream by 568.2% in the third quarter. Signaturefd LLC now owns 1,156 shares of the technology company’s stock valued at $25,000 after buying an additional 983 shares during the period. DekaBank Deutsche Girozentrale acquired a new position in shares of HealthStream in the third quarter valued at approximately $30,000. Quantbot Technologies LP acquired a new position in shares of HealthStream in the third quarter valued at approximately $34,000. Maryland State Retirement & Pension System acquired a new position in shares of HealthStream in the fourth quarter valued at approximately $241,000. Finally, New York State Common Retirement Fund increased its stake in shares of HealthStream by 11.6% in the fourth quarter. New York State Common Retirement Fund now owns 9,214 shares of the technology company’s stock valued at $249,000 after buying an additional 955 shares during the period. Institutional investors and hedge funds own 69.58% of the company’s stock.

Insider Activity

In other news, EVP Michael Sousa sold 15,000 shares of HealthStream stock in a transaction on Monday, February 26th. The shares were sold at an average price of $27.25, for a total value of $408,750.00. Following the completion of the sale, the executive vice president now owns 42,525 shares in the company, valued at approximately $1,158,806.25. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, SVP Scott Fenstermacher sold 1,000 shares of HealthStream stock in a transaction on Wednesday, May 1st. The shares were sold at an average price of $26.19, for a total value of $26,190.00. Following the completion of the sale, the senior vice president now owns 13,008 shares of the company’s stock, valued at approximately $340,679.52. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, EVP Michael Sousa sold 15,000 shares of HealthStream stock in a transaction on Monday, February 26th. The shares were sold at an average price of $27.25, for a total transaction of $408,750.00. Following the completion of the sale, the executive vice president now directly owns 42,525 shares of the company’s stock, valued at approximately $1,158,806.25. The disclosure for this sale can be found here. 20.60% of the stock is currently owned by company insiders.

HealthStream Stock Performance

HealthStream stock opened at $27.28 on Thursday. HealthStream, Inc. has a 52-week low of $20.47 and a 52-week high of $29.12. The firm has a 50 day moving average price of $26.08 and a two-hundred day moving average price of $26.33. The firm has a market cap of $829.26 million, a price-to-earnings ratio of 47.03, a PEG ratio of 4.24 and a beta of 0.38.

HealthStream (NASDAQ:HSTM) last released its quarterly earnings data on Monday, April 22nd. The technology company reported $0.17 earnings per share for the quarter, beating the consensus estimate of $0.10 by $0.07. The company had revenue of $72.80 million during the quarter, compared to analyst estimates of $71.88 million. HealthStream had a net margin of 6.30% and a return on equity of 5.21%. HealthStream’s revenue for the quarter was up 5.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.12 EPS. As a group, equities research analysts predict that HealthStream, Inc. will post 0.54 EPS for the current fiscal year.

HealthStream Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 17th. Stockholders of record on Monday, May 6th were paid a $0.028 dividend. The ex-dividend date was Friday, May 3rd. This represents a $0.11 annualized dividend and a dividend yield of 0.41%. HealthStream’s dividend payout ratio is currently 18.97%.

Analyst Ratings Changes

HSTM has been the subject of several recent research reports. StockNews.com raised HealthStream from a “buy” rating to a “strong-buy” rating in a research note on Thursday, May 16th. William Blair restated an “outperform” rating on shares of HealthStream in a report on Tuesday, February 20th. One equities research analyst has rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, HealthStream presently has a consensus rating of “Buy” and an average target price of $32.00.

About HealthStream

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.