Quipt Home Medical Corp. (NASDAQ:QIPT) Holdings Lifted by TD Waterhouse Canada Inc.

TD Waterhouse Canada Inc. boosted its holdings in Quipt Home Medical Corp. (NASDAQ:QIPT) by 83.4% during the 4th quarter, Holdings Channel.com reports. The fund owned 27,435 shares of the company’s stock after purchasing an additional 12,479 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in Quipt Home Medical were worth $76,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Wells Fargo & Company MN increased its holdings in shares of Quipt Home Medical by 30.9% in the fourth quarter. Wells Fargo & Company MN now owns 23,851 shares of the company’s stock valued at $73,000 after buying an additional 5,625 shares in the last quarter. XTX Topco Ltd grew its holdings in shares of Quipt Home Medical by 54.3% in the 4th quarter. XTX Topco Ltd now owns 28,452 shares of the company’s stock worth $87,000 after acquiring an additional 10,015 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of Quipt Home Medical by 68.7% during the third quarter. JPMorgan Chase & Co. now owns 30,403 shares of the company’s stock worth $89,000 after purchasing an additional 12,383 shares during the period. Los Angeles Capital Management LLC purchased a new stake in shares of Quipt Home Medical during the fourth quarter valued at $104,000. Finally, Raymond James Financial Inc. acquired a new position in shares of Quipt Home Medical in the 4th quarter valued at $113,000. 42.85% of the stock is owned by institutional investors and hedge funds.

Quipt Home Medical Stock Performance

Shares of QIPT opened at $2.10 on Monday. The company has a 50-day moving average of $2.30 and a two-hundred day moving average of $2.63. The stock has a market cap of $90.49 million, a price-to-earnings ratio of -12.35 and a beta of 0.65. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.22 and a quick ratio of 0.87. Quipt Home Medical Corp. has a one year low of $1.86 and a one year high of $4.17.

Quipt Home Medical (NASDAQ:QIPT) last posted its quarterly earnings results on Monday, February 10th. The company reported ($0.03) earnings per share for the quarter. Quipt Home Medical had a negative net margin of 2.90% and a negative return on equity of 6.70%. On average, equities research analysts expect that Quipt Home Medical Corp. will post -0.05 earnings per share for the current year.

Quipt Home Medical Profile

Quipt Home Medical Corp., through its subsidiaries, engages in the provision of durable and home medical equipment and supplies in the United States. The company offers nebulizers, oxygen concentrators, and CPAP and BiPAP units; traditional and non-traditional durable medical respiratory equipment and services; non-invasive ventilation equipment, supplies, and services; and engages in the rental of medical equipment.