Oregon Public Employees Retirement Fund purchased a new stake in Addus Homecare Co. (NASDAQ:ADUS) in the 4th quarter, according to its most recent disclosure with the SEC. The fund purchased 3,836 shares of the company’s stock, valued at approximately $260,000.

Several other hedge funds and other institutional investors have also bought and sold shares of ADUS. LS Investment Advisors LLC acquired a new position in shares of Addus Homecare in the 4th quarter valued at about $66,000. Legal & General Group Plc lifted its position in Addus Homecare by 32.5% in the 3rd quarter. Legal & General Group Plc now owns 1,428 shares of the company’s stock valued at $100,000 after purchasing an additional 350 shares during the last quarter. SG Americas Securities LLC bought a new stake in Addus Homecare in the 4th quarter valued at about $151,000. Thompson Siegel & Walmsley LLC bought a new stake in Addus Homecare in the 3rd quarter valued at about $189,000. Finally, State Board of Administration of Florida Retirement System bought a new stake in Addus Homecare in the 3rd quarter valued at about $220,000. 95.22% of the stock is owned by institutional investors and hedge funds.

In other Addus Homecare news, insider James Zoccoli sold 665 shares of the business’s stock in a transaction dated Tuesday, February 26th. The shares were sold at an average price of $69.27, for a total transaction of $46,064.55. Following the sale, the insider now directly owns 22,994 shares in the company, valued at approximately $1,592,794.38. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO R Dirk Allison sold 1,080 shares of the business’s stock in a transaction dated Tuesday, January 22nd. The stock was sold at an average price of $63.00, for a total transaction of $68,040.00. Following the sale, the chief executive officer now owns 40,995 shares in the company, valued at $2,582,685. The disclosure for this sale can be found here. Over the last quarter, insiders sold 10,001 shares of company stock worth $648,934. 34.80% of the stock is currently owned by insiders.

Several brokerages recently weighed in on ADUS. BidaskClub downgraded shares of Addus Homecare from a “buy” rating to a “hold” rating in a research report on Wednesday, March 6th. Zacks Investment Research downgraded shares of Addus Homecare from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 5th. Finally, Robert W. Baird upgraded shares of Addus Homecare from a “neutral” rating to an “outperform” rating and lifted their price objective for the company from $72.00 to $75.00 in a research report on Monday, February 4th. Two equities research analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company. The company presently has an average rating of “Buy” and an average price target of $76.63.

Shares of NASDAQ:ADUS opened at $64.41 on Friday. The stock has a market capitalization of $807.12 million, a P/E ratio of 38.11, a PEG ratio of 1.99 and a beta of -0.20. Addus Homecare Co. has a fifty-two week low of $40.10 and a fifty-two week high of $77.82. The company has a debt-to-equity ratio of 0.06, a quick ratio of 4.19 and a current ratio of 3.02.

Addus Homecare (NASDAQ:ADUS) last issued its quarterly earnings data on Monday, March 4th. The company reported $0.48 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.43 by $0.05. The firm had revenue of $139.80 million for the quarter, compared to the consensus estimate of $140.27 million. Addus Homecare had a net margin of 3.38% and a return on equity of 9.22%. On average, research analysts expect that Addus Homecare Co. will post 2 earnings per share for the current fiscal year.

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Addus Homecare Profile

Addus HomeCare Corporation provides personal care services to elderly, chronically ill, disabled persons, and individuals who are at risk of hospitalization or institutionalization in the United States. The company's personal care services offer assistance with activities of daily living. Its services include assistance with bathing, grooming, oral care, assistance with feeding and dressing, medication reminders, meal planning and preparation, housekeeping, and transportation services, as well as other activities of daily living.

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Institutional Ownership by Quarter for Addus Homecare (NASDAQ:ADUS)

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