New York State Common Retirement Fund decreased its holdings in Addus HomeCare Corporation (NASDAQ:ADUS) by 40.9% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 9,000 shares of the company’s stock after selling 6,236 shares during the period. New York State Common Retirement Fund owned 0.08% of Addus HomeCare Corporation worth $335,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in ADUS. Russell Investments Group Ltd. boosted its stake in shares of Addus HomeCare Corporation by 831.8% in the second quarter. Russell Investments Group Ltd. now owns 300,101 shares of the company’s stock worth $11,165,000 after acquiring an additional 267,896 shares during the period. Timpani Capital Management LLC boosted its stake in Addus HomeCare Corporation by 325.5% during the second quarter. Timpani Capital Management LLC now owns 98,370 shares of the company’s stock valued at $3,659,000 after buying an additional 75,254 shares during the last quarter. Renaissance Technologies LLC boosted its stake in Addus HomeCare Corporation by 363.4% during the first quarter. Renaissance Technologies LLC now owns 57,000 shares of the company’s stock valued at $1,824,000 after buying an additional 44,700 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in Addus HomeCare Corporation by 5.6% during the first quarter. Dimensional Fund Advisors LP now owns 824,994 shares of the company’s stock valued at $26,400,000 after buying an additional 43,588 shares during the last quarter. Finally, AJO LP boosted its stake in Addus HomeCare Corporation by 83.9% during the second quarter. AJO LP now owns 95,277 shares of the company’s stock valued at $3,544,000 after buying an additional 43,475 shares during the last quarter. 93.02% of the stock is owned by hedge funds and other institutional investors.

ADUS has been the subject of a number of research reports. Oppenheimer Holdings, Inc. reissued a “buy” rating and set a $45.00 price target on shares of Addus HomeCare Corporation in a research note on Tuesday, August 29th. Zacks Investment Research raised Addus HomeCare Corporation from a “hold” rating to a “buy” rating and set a $39.00 price target for the company in a research note on Thursday, August 17th. BidaskClub lowered Addus HomeCare Corporation from a “hold” rating to a “sell” rating in a research note on Thursday, July 27th. Robert W. Baird reissued a “hold” rating and set a $40.00 price target on shares of Addus HomeCare Corporation in a research note on Thursday, August 24th. Finally, ValuEngine raised Addus HomeCare Corporation from a “hold” rating to a “buy” rating in a research note on Tuesday, August 1st. One research analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $41.33.

Addus HomeCare Corporation (NASDAQ:ADUS) opened at $33.35 on Friday. Addus HomeCare Corporation has a one year low of $29.90 and a one year high of $40.75. The company has a market capitalization of $387.93, a P/E ratio of 22.53, a P/E/G ratio of 1.56 and a beta of 0.19. The company has a debt-to-equity ratio of 0.23, a quick ratio of 2.68 and a current ratio of 2.68.

Addus HomeCare Corporation (NASDAQ:ADUS) last announced its quarterly earnings results on Monday, November 6th. The company reported $0.42 EPS for the quarter, beating analysts’ consensus estimates of $0.38 by $0.04. Addus HomeCare Corporation had a return on equity of 10.35% and a net margin of 4.30%. The company had revenue of $108.60 million during the quarter, compared to analyst estimates of $108.99 million. During the same period in the prior year, the company earned $0.39 earnings per share. The firm’s revenue was up 4.9% on a year-over-year basis. equities analysts anticipate that Addus HomeCare Corporation will post 1.42 EPS for the current year.

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About Addus HomeCare Corporation

Addus HomeCare Corporation is a provider of personal care services, which are provided primarily in the home. The Company’s personal care services include assistance with bathing, grooming, oral care, skincare, assistance with feeding and dressing, medication reminders, meal planning and preparation, housekeeping and transportation services and other activities of daily living.

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Institutional Ownership by Quarter for Addus HomeCare Corporation (NASDAQ:ADUS)

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