Addus HomeCare Corporation $ADUS Shares Purchased by Teacher Retirement System of Texas

Teacher Retirement System of Texas increased its position in shares of Addus HomeCare Corporation (NASDAQ:ADUS) by 20.2% during the 4th quarter, Holdings Channel.com reports. The fund owned 57,802 shares of the company’s stock after acquiring an additional 9,732 shares during the period. Teacher Retirement System of Texas’ holdings in Addus HomeCare were worth $6,207,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Larson Financial Group LLC increased its holdings in Addus HomeCare by 133.3% during the 3rd quarter. Larson Financial Group LLC now owns 238 shares of the company’s stock worth $28,000 after purchasing an additional 136 shares during the period. Private Trust Co. NA increased its holdings in Addus HomeCare by 65.5% during the 4th quarter. Private Trust Co. NA now owns 283 shares of the company’s stock worth $30,000 after purchasing an additional 112 shares during the period. AlphaQuest LLC purchased a new stake in Addus HomeCare during the 3rd quarter worth about $37,000. Wexford Capital LP purchased a new stake in Addus HomeCare during the 3rd quarter worth about $41,000. Finally, State of Wyoming purchased a new stake in Addus HomeCare during the 2nd quarter worth about $47,000. Institutional investors and hedge funds own 95.35% of the company’s stock.

Insiders Place Their Bets

In other news, EVP David W. Tucker sold 704 shares of the stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $107.35, for a total value of $75,574.40. Following the transaction, the executive vice president owned 10,802 shares in the company, valued at approximately $1,159,594.70. This represents a 6.12% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO R Dirk Allison sold 4,988 shares of the stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $106.98, for a total value of $533,616.24. Following the completion of the transaction, the chief executive officer owned 185,514 shares in the company, valued at approximately $19,846,287.72. The trade was a 2.62% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 16,788 shares of company stock worth $1,785,633. 4.50% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several brokerages have weighed in on ADUS. KeyCorp restated an “overweight” rating on shares of Addus HomeCare in a report on Wednesday, February 25th. Weiss Ratings restated a “hold (c+)” rating on shares of Addus HomeCare in a report on Wednesday, January 21st. Truist Financial set a $135.00 price target on Addus HomeCare and gave the stock a “buy” rating in a report on Wednesday, January 7th. Barclays cut their price target on Addus HomeCare from $112.00 to $102.00 and set an “underweight” rating on the stock in a report on Wednesday, March 25th. Finally, Wall Street Zen downgraded Addus HomeCare from a “strong-buy” rating to a “buy” rating in a report on Saturday, March 21st. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Addus HomeCare has an average rating of “Moderate Buy” and an average price target of $133.22.

Addus HomeCare Stock Performance

ADUS opened at $95.71 on Monday. Addus HomeCare Corporation has a one year low of $90.89 and a one year high of $124.43. The company has a market cap of $1.79 billion, a P/E ratio of 18.37, a PEG ratio of 1.32 and a beta of 0.96. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.80 and a current ratio of 1.80. The business’s 50-day simple moving average is $100.06 and its 200-day simple moving average is $108.26.

Addus HomeCare Profile

Addus HomeCare (NASDAQ: ADUS) is a leading provider of home and community-based care services for elderly, disabled, and medically complex individuals across the United States. Through a network of company-owned and franchise locations, the company delivers a broad spectrum of non-medical personal care and licensed home health services designed to support clients’ independence and quality of life.

The company’s core offerings include personal care assistance—covering daily living activities, medication reminders, and light housekeeping—and skilled home health services delivered under the supervision of registered nurses and licensed therapists.