C WorldWide Group Holding A S Reduces Position in Almost Family Inc (AFAM)
C WorldWide Group Holding A S cut its position in shares of Almost Family Inc (NASDAQ:AFAM) by 8.1% during the 4th quarter, HoldingsChannel reports. The firm owned 35,100 shares of the company’s stock after selling 3,100 shares during the period. C WorldWide Group Holding A S’s holdings in Almost Family were worth $1,943,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Sei Investments Co. boosted its position in shares of Almost Family by 1,261.0% during the third quarter. Sei Investments Co. now owns 1,361 shares of the company’s stock valued at $110,000 after purchasing an additional 1,261 shares in the last quarter. SG Americas Securities LLC bought a new stake in shares of Almost Family during the third quarter valued at approximately $148,000. Teacher Retirement System of Texas bought a new stake in shares of Almost Family during the fourth quarter valued at approximately $230,000. Numeric Investors LLC bought a new stake in shares of Almost Family during the second quarter valued at approximately $333,000. Finally, Envestnet Asset Management Inc. boosted its position in shares of Almost Family by 24.5% during the third quarter. Envestnet Asset Management Inc. now owns 6,245 shares of the company’s stock valued at $335,000 after purchasing an additional 1,229 shares in the last quarter. Institutional investors own 85.31% of the company’s stock.
Shares of Almost Family Inc (NASDAQ:AFAM) opened at $57.80 on Friday. The company has a quick ratio of 2.40, a current ratio of 2.40 and a debt-to-equity ratio of 0.27. Almost Family Inc has a 1-year low of $40.15 and a 1-year high of $66.15. The company has a market capitalization of $820.67, a price-to-earnings ratio of 48.17, a price-to-earnings-growth ratio of 2.22 and a beta of 0.56.
Several equities research analysts recently weighed in on the company. Royal Bank of Canada lowered Almost Family from an “outperform” rating to a “sector perform” rating and lifted their price target for the company from $54.00 to $62.00 in a research report on Monday, November 20th. BidaskClub lowered Almost Family from a “sell” rating to a “strong sell” rating in a research report on Friday, January 26th. Robert W. Baird set a $65.00 price target on Almost Family and gave the company a “hold” rating in a research report on Tuesday, November 28th. ValuEngine lowered Almost Family from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. Finally, JPMorgan Chase & Co. boosted their target price on Almost Family to $59.00 and gave the stock a “neutral” rating in a report on Wednesday, November 8th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and one has assigned a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $62.33.
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About Almost Family
Almost Family, Inc is a provider of home healthcare services. The Company has two divisions: Home Health and Healthcare Innovations (HCI). The Home Health division consists of two segments: Visiting Nurse Services (VN or Visiting Nurse) and Personal Care Services (PC or Personal Care). The VN segment provides a range of Medicare-certified home health nursing services to patients in need of recuperative care, following a period of hospitalization or care in another type of inpatient facility.
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