Cadence Capital Management LLC increased its position in shares of Addus Homecare Co. (NASDAQ:ADUS) by 45.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 52,041 shares of the company’s stock after purchasing an additional 16,334 shares during the period. Cadence Capital Management LLC’s holdings in Addus Homecare were worth $1,811,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Victory Capital Management Inc. increased its position in Addus Homecare by 6.7% during the fourth quarter. Victory Capital Management Inc. now owns 56,355 shares of the company’s stock worth $1,961,000 after purchasing an additional 3,559 shares during the last quarter. Thomson Horstmann & Bryant Inc. increased its position in Addus Homecare by 3.3% during the fourth quarter. Thomson Horstmann & Bryant Inc. now owns 145,678 shares of the company’s stock worth $5,069,000 after purchasing an additional 4,626 shares during the last quarter. Sterling Capital Management LLC increased its position in Addus Homecare by 30.8% during the third quarter. Sterling Capital Management LLC now owns 62,010 shares of the company’s stock worth $2,189,000 after purchasing an additional 14,616 shares during the last quarter. Dimensional Fund Advisors LP increased its position in Addus Homecare by 2.3% during the third quarter. Dimensional Fund Advisors LP now owns 887,121 shares of the company’s stock worth $31,316,000 after purchasing an additional 19,823 shares during the last quarter. Finally, Jupiter Asset Management Ltd. increased its position in Addus Homecare by 2.7% during the third quarter. Jupiter Asset Management Ltd. now owns 109,777 shares of the company’s stock worth $3,875,000 after purchasing an additional 2,872 shares during the last quarter. Hedge funds and other institutional investors own 92.55% of the company’s stock.

Addus Homecare Co. (NASDAQ:ADUS) opened at $36.70 on Friday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 2.68 and a current ratio of 2.68. The firm has a market cap of $428.05, a PE ratio of 23.68, a price-to-earnings-growth ratio of 1.62 and a beta of 0.06. Addus Homecare Co. has a 12 month low of $29.90 and a 12 month high of $40.75.

Several equities research analysts recently issued reports on ADUS shares. BidaskClub upgraded shares of Addus Homecare from a “sell” rating to a “hold” rating in a research report on Thursday. Zacks Investment Research upgraded shares of Addus Homecare from a “strong sell” rating to a “hold” rating in a research report on Tuesday, January 9th. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $41.33.

In other Addus Homecare news, CEO R Dirk Allison sold 749 shares of the stock in a transaction dated Monday, January 22nd. The shares were sold at an average price of $38.85, for a total transaction of $29,098.65. Following the completion of the transaction, the chief executive officer now owns 33,120 shares of the company’s stock, valued at $1,286,712. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider W Bradley Bickham sold 822 shares of the stock in a transaction dated Wednesday, January 17th. The stock was sold at an average price of $37.40, for a total transaction of $30,742.80. Following the transaction, the insider now directly owns 9,178 shares of the company’s stock, valued at approximately $343,257.20. The disclosure for this sale can be found here. Company insiders own 35.80% of the company’s stock.

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About Addus Homecare

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 (NASDAQ:ADUS)

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