South Dakota Investment Council held its position in shares of Almost Family Inc (NASDAQ:AFAM) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 22,200 shares of the company’s stock at the end of the 2nd quarter. South Dakota Investment Council owned about 0.17% of Almost Family worth $1,369,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Wells Fargo & Company MN boosted its holdings in shares of Almost Family by 188.8% in the 1st quarter. Wells Fargo & Company MN now owns 23,048 shares of the company’s stock valued at $1,120,000 after acquiring an additional 15,067 shares during the last quarter. PNC Financial Services Group Inc. boosted its holdings in shares of Almost Family by 8.2% in the 1st quarter. PNC Financial Services Group Inc. now owns 11,725 shares of the company’s stock valued at $570,000 after acquiring an additional 890 shares during the last quarter. Ameriprise Financial Inc. boosted its holdings in shares of Almost Family by 403.9% in the 1st quarter. Ameriprise Financial Inc. now owns 575,146 shares of the company’s stock valued at $27,952,000 after acquiring an additional 461,002 shares during the last quarter. Principal Financial Group Inc. boosted its holdings in shares of Almost Family by 38.2% in the 1st quarter. Principal Financial Group Inc. now owns 91,132 shares of the company’s stock valued at $4,429,000 after acquiring an additional 25,190 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its holdings in shares of Almost Family by 32.0% in the 1st quarter. Bank of New York Mellon Corp now owns 138,184 shares of the company’s stock valued at $6,716,000 after acquiring an additional 33,528 shares during the last quarter. 85.48% of the stock is currently owned by institutional investors and hedge funds.

Shares of Almost Family Inc (AFAM) opened at 48.10 on Wednesday. The company’s 50-day moving average is $48.72 and its 200-day moving average is $52.49. The stock has a market capitalization of $659.79 million, a P/E ratio of 32.74 and a beta of 0.44. Almost Family Inc has a one year low of $35.21 and a one year high of $62.95.

Almost Family (NASDAQ:AFAM) last posted its quarterly earnings data on Tuesday, August 8th. The company reported $0.56 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.56. Almost Family had a net margin of 2.43% and a return on equity of 7.09%. The firm had revenue of $200.70 million for the quarter, compared to analyst estimates of $205.48 million. During the same period last year, the firm posted $0.61 EPS. Almost Family’s quarterly revenue was up 28.7% on a year-over-year basis. On average, equities research analysts anticipate that Almost Family Inc will post $2.36 earnings per share for the current year.

Several analysts have recently commented on AFAM shares. Bank of America Corporation reaffirmed a “neutral” rating and issued a $57.00 price objective (up from $52.00) on shares of Almost Family in a report on Wednesday, May 17th. Royal Bank Of Canada reaffirmed a “buy” rating and issued a $63.00 price objective on shares of Almost Family in a report on Tuesday, June 13th. Robert W. Baird downgraded shares of Almost Family from an “outperform” rating to a “neutral” rating and upped their price objective for the company from $55.00 to $64.00 in a report on Monday, July 10th. Zacks Investment Research downgraded shares of Almost Family from a “hold” rating to a “sell” rating in a report on Wednesday, July 12th. Finally, BidaskClub downgraded shares of Almost Family from a “buy” rating to a “hold” rating in a report on Monday, July 24th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $57.60.

In related news, SVP John Shermyen sold 3,000 shares of Almost Family stock in a transaction on Monday, July 3rd. The shares were sold at an average price of $61.61, for a total value of $184,830.00. Following the transaction, the senior vice president now directly owns 81,864 shares in the company, valued at approximately $5,043,641.04. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 13.10% of the company’s stock.

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Almost Family Profile

Almost Family, Inc is a provider of home healthcare services. The Company has two divisions: Home Health and Healthcare Innovations (HCI). The Home Health division consists of two segments: Visiting Nurse Services (VN or Visiting Nurse) and Personal Care Services (PC or Personal Care). The VN segment provides a range of Medicare-certified home health nursing services to patients in need of recuperative care, following a period of hospitalization or care in another type of inpatient facility.

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Institutional Ownership by Quarter for Almost Family (NASDAQ:AFAM)

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