Addus Homecare Co. (NASDAQ:ADUS) CFO Brian Poff sold 20,000 shares of Addus Homecare stock in a transaction on Tuesday, May 14th. The stock was sold at an average price of $70.57, for a total transaction of $1,411,400.00. Following the completion of the transaction, the chief financial officer now owns 38,241 shares in the company, valued at approximately $2,698,667.37. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
Brian Poff also recently made the following trade(s):
- On Friday, May 10th, Brian Poff sold 814 shares of Addus Homecare stock. The stock was sold at an average price of $67.96, for a total transaction of $55,319.44.
- On Tuesday, March 5th, Brian Poff sold 2,098 shares of Addus Homecare stock. The stock was sold at an average price of $65.41, for a total transaction of $137,230.18.
Shares of ADUS stock traded down $0.57 during mid-day trading on Friday, reaching $69.55. The stock had a trading volume of 9,562 shares, compared to its average volume of 109,317. Addus Homecare Co. has a 52-week low of $52.60 and a 52-week high of $77.82. The stock has a market capitalization of $897.34 million, a price-to-earnings ratio of 41.22, a PEG ratio of 2.10 and a beta of -0.19. The company has a current ratio of 2.87, a quick ratio of 2.87 and a debt-to-equity ratio of 0.10.
Addus Homecare (NASDAQ:ADUS) last announced its earnings results on Monday, May 6th. The company reported $0.44 earnings per share for the quarter, beating analysts’ consensus estimates of $0.40 by $0.04. The firm had revenue of $139.25 million for the quarter, compared to analyst estimates of $139.37 million. Addus Homecare had a net margin of 3.20% and a return on equity of 8.95%. Equities analysts predict that Addus Homecare Co. will post 2.09 EPS for the current year.
ADUS has been the topic of a number of analyst reports. BidaskClub upgraded shares of Addus Homecare from a “hold” rating to a “buy” rating in a research report on Wednesday, February 20th. Zacks Investment Research upgraded shares of Addus Homecare from a “sell” rating to a “buy” rating and set a $73.00 target price on the stock in a research report on Monday, April 8th. ValuEngine cut shares of Addus Homecare from a “strong-buy” rating to a “buy” rating in a research report on Thursday, April 4th. Finally, Robert W. Baird upgraded shares of Addus Homecare from a “neutral” rating to an “outperform” rating and lifted their target price for the stock from $72.00 to $75.00 in a research report on Monday, February 4th. Nine research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $77.13.
Several institutional investors and hedge funds have recently made changes to their positions in the company. BlackRock Inc. boosted its stake in shares of Addus Homecare by 108.2% during the 4th quarter. BlackRock Inc. now owns 1,521,841 shares of the company’s stock valued at $103,302,000 after purchasing an additional 790,824 shares in the last quarter. TimesSquare Capital Management LLC boosted its stake in shares of Addus Homecare by 17.0% during the 1st quarter. TimesSquare Capital Management LLC now owns 882,730 shares of the company’s stock valued at $56,133,000 after purchasing an additional 128,330 shares in the last quarter. Vanguard Group Inc boosted its stake in shares of Addus Homecare by 48.5% during the 3rd quarter. Vanguard Group Inc now owns 544,748 shares of the company’s stock valued at $38,214,000 after purchasing an additional 177,827 shares in the last quarter. Vanguard Group Inc. boosted its stake in shares of Addus Homecare by 48.5% during the 3rd quarter. Vanguard Group Inc. now owns 544,748 shares of the company’s stock valued at $38,214,000 after purchasing an additional 177,827 shares in the last quarter. Finally, Principal Financial Group Inc. boosted its stake in shares of Addus Homecare by 2.8% during the 1st quarter. Principal Financial Group Inc. now owns 308,577 shares of the company’s stock valued at $19,623,000 after purchasing an additional 8,532 shares in the last quarter. 95.22% of the stock is currently owned by hedge funds and other institutional investors.
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Addus Homecare Company 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. It operates in three segments: Personal Care, Hospice, and Home Health. The Personal Care segment provides non-medical assistance with activities of daily living.
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