HealthStream, Inc. Plans Quarterly Dividend of $0.04 (NASDAQ:HSTM)

HealthStream, Inc. (NASDAQ:HSTM) declared a quarterly dividend on Monday, May 4th. Stockholders of record on Monday, May 18th will be given a dividend of 0.035 per share by the technology company on Friday, May 29th. This represents a c) annualized dividend and a dividend yield of 0.7%. The ex-dividend date is Monday, May 18th.

HealthStream has a dividend payout ratio of 20.0% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect HealthStream to earn $0.80 per share next year, which means the company should continue to be able to cover its $0.14 annual dividend with an expected future payout ratio of 17.5%.

HealthStream Trading Up 2.6%

NASDAQ:HSTM opened at $21.25 on Tuesday. The company’s 50-day moving average price is $21.04 and its 200-day moving average price is $22.64. The company has a market cap of $625.18 million, a P/E ratio of 34.84, a P/E/G ratio of 2.38 and a beta of 0.41. HealthStream has a twelve month low of $19.50 and a twelve month high of $33.95.

HealthStream (NASDAQ:HSTM) last posted its quarterly earnings results on Monday, May 4th. The technology company reported $0.20 earnings per share for the quarter, topping the consensus estimate of $0.16 by $0.04. The firm had revenue of $81.20 million for the quarter, compared to the consensus estimate of $79.68 million. HealthStream had a net margin of 6.03% and a return on equity of 5.98%. On average, analysts expect that HealthStream will post 0.73 earnings per share for the current year.

Hedge Funds Weigh In On HealthStream

A number of institutional investors have recently bought and sold shares of HSTM. Danske Bank A S raised its stake in HealthStream by 175.0% during the fourth quarter. Danske Bank A S now owns 1,100 shares of the technology company’s stock worth $25,000 after purchasing an additional 700 shares during the period. Hantz Financial Services Inc. raised its stake in HealthStream by 2,035.5% during the fourth quarter. Hantz Financial Services Inc. now owns 1,324 shares of the technology company’s stock worth $31,000 after purchasing an additional 1,262 shares during the period. Aquatic Capital Management LLC purchased a new position in HealthStream during the third quarter worth about $40,000. Tower Research Capital LLC TRC raised its stake in HealthStream by 241.4% during the second quarter. Tower Research Capital LLC TRC now owns 2,407 shares of the technology company’s stock worth $67,000 after purchasing an additional 1,702 shares during the period. Finally, GAMMA Investing LLC raised its stake in HealthStream by 131.4% during the fourth quarter. GAMMA Investing LLC now owns 3,649 shares of the technology company’s stock worth $84,000 after purchasing an additional 2,072 shares during the period. 69.58% of the stock is owned by hedge funds and other institutional investors.

About HealthStream

HealthStream, Inc is a Nashville, Tennessee–based provider of workforce development and learning management solutions for healthcare organizations. Since its founding in 1990, the company has focused on helping hospitals, clinics and other care providers streamline staff training, ensure regulatory compliance and monitor employee performance. HealthStream’s platform integrates online courses, skill competency assessments and credential management tools to support workforce readiness across the healthcare continuum.

The company’s core offerings include a learning management system (LMS) designed specifically for clinical and nonclinical personnel, a competency management suite that tracks skill acquisition and validation, and a content library featuring evidence-based clinical and compliance training modules.