Zacks Investment Research upgraded shares of HealthStream (NASDAQ:HSTM) from a sell rating to a hold rating in a research report sent to investors on Wednesday.

According to Zacks, “HealthStream is dedicated to improving patient outcomes through the development of healthcare organizations’ greatest asset: their people. Their unified suite of solutions is contracted by, collectively, over 4.5 million healthcare employees in the U.S. for workforce development, training & learning management, talent management, performance assessment, and managing simulation-based education programs. Their research solutions provide valuable insight to healthcare providers to meet HCAHPS requirements, improve the patient experience, engage their workforce, and enhance physician alignment. Their provider solutions offer healthcare providers innovative tools to support healthcare organizations in appropriately credentialing and privileging their workforce. “

A number of other equities analysts have also recently commented on the stock. ValuEngine cut shares of HealthStream from a hold rating to a sell rating in a research report on Monday, February 5th. BidaskClub cut shares of HealthStream from a hold rating to a sell rating in a research report on Wednesday, January 31st. Robert W. Baird decreased their target price on shares of HealthStream from $30.00 to $28.00 and set an outperform rating on the stock in a research report on Wednesday, October 25th. Needham & Company LLC cut shares of HealthStream from a buy rating to a hold rating in a research report on Wednesday, October 25th. Finally, Canaccord Genuity restated a hold rating and issued a $25.00 price objective on shares of HealthStream in a research report on Monday, October 23rd. One analyst has rated the stock with a sell rating, six have given a hold rating and two have given a buy rating to the stock. HealthStream presently has a consensus rating of Hold and a consensus target price of $24.83.

HealthStream (HSTM) opened at $22.46 on Wednesday. The company has a market cap of $701.72, a price-to-earnings ratio of 124.78, a P/E/G ratio of 4.64 and a beta of 0.90. HealthStream has a 52-week low of $21.15 and a 52-week high of $31.53.

Several hedge funds have recently added to or reduced their stakes in HSTM. UBS Asset Management Americas Inc. purchased a new position in shares of HealthStream in the second quarter valued at about $205,000. Teacher Retirement System of Texas purchased a new position in shares of HealthStream in the fourth quarter valued at about $215,000. Municipal Employees Retirement System of Michigan increased its position in shares of HealthStream by 59.5% in the third quarter. Municipal Employees Retirement System of Michigan now owns 9,570 shares of the technology company’s stock valued at $224,000 after acquiring an additional 3,570 shares during the period. GSA Capital Partners LLP purchased a new position in shares of HealthStream in the third quarter valued at about $237,000. Finally, Virginia Retirement Systems ET AL purchased a new position in shares of HealthStream in the third quarter valued at about $264,000. Hedge funds and other institutional investors own 75.02% of the company’s stock.

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About HealthStream

HealthStream, Inc (HealthStream) provides workforce, patient experience and provider solutions for healthcare organizations. The Company operates in three segments: HealthStream Workforce Solutions, HealthStream Patient Experience Solutions and HealthStream Provider Solutions. HealthStream’s products and services are organized into three segments: Workforce Solutions, Patient Experience Solutions, and Provider Solutions.

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