Mitchell Capital Management Co. Acquires Shares of 21,319 Addus HomeCare Corporation $ADUS

Mitchell Capital Management Co. acquired a new stake in Addus HomeCare Corporation (NASDAQ:ADUS) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 21,319 shares of the company’s stock, valued at approximately $2,289,000. Mitchell Capital Management Co. owned 0.12% of Addus HomeCare as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its stake in Addus HomeCare by 0.8% in the fourth quarter. Vanguard Group Inc. now owns 1,308,605 shares of the company’s stock valued at $140,531,000 after acquiring an additional 10,501 shares during the period. Capital Research Global Investors boosted its position in shares of Addus HomeCare by 9.0% during the third quarter. Capital Research Global Investors now owns 1,201,560 shares of the company’s stock valued at $141,772,000 after buying an additional 99,262 shares during the last quarter. Wasatch Advisors LP boosted its position in shares of Addus HomeCare by 0.8% during the third quarter. Wasatch Advisors LP now owns 936,243 shares of the company’s stock valued at $110,467,000 after buying an additional 7,089 shares during the last quarter. State Street Corp boosted its position in shares of Addus HomeCare by 1.3% during the second quarter. State Street Corp now owns 693,368 shares of the company’s stock valued at $79,869,000 after buying an additional 8,925 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in shares of Addus HomeCare by 1.2% during the third quarter. Dimensional Fund Advisors LP now owns 667,256 shares of the company’s stock valued at $78,729,000 after buying an additional 7,884 shares during the last quarter. Institutional investors and hedge funds own 95.35% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently issued reports on ADUS. Stephens cut their target price on Addus HomeCare from $140.00 to $135.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 25th. Weiss Ratings cut Addus HomeCare from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, May 22nd. Citizens Jmp reaffirmed a “market outperform” rating and set a $142.00 target price on shares of Addus HomeCare in a research report on Monday, May 18th. KeyCorp reaffirmed an “overweight” rating on shares of Addus HomeCare in a research report on Wednesday, February 25th. Finally, Barclays cut their target price on Addus HomeCare from $102.00 to $92.00 and set an “underweight” rating on the stock in a research report on Friday, May 15th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $131.22.

Addus HomeCare Stock Performance

Shares of Addus HomeCare stock opened at $91.68 on Friday. The business’s fifty day simple moving average is $94.92 and its 200 day simple moving average is $104.68. The firm has a market capitalization of $1.71 billion, a P/E ratio of 16.95, a price-to-earnings-growth ratio of 1.26 and a beta of 0.92. Addus HomeCare Corporation has a 12 month low of $89.76 and a 12 month high of $124.43. The company has a current ratio of 1.83, a quick ratio of 1.83 and a debt-to-equity ratio of 0.08.

Addus HomeCare (NASDAQ:ADUS) last issued its quarterly earnings results on Monday, May 4th. The company reported $1.62 EPS for the quarter, topping analysts’ consensus estimates of $1.52 by $0.10. The business had revenue of $363.50 million for the quarter, compared to analyst estimates of $366.41 million. Addus HomeCare had a return on equity of 9.80% and a net margin of 6.89%.Addus HomeCare’s quarterly revenue was up 7.7% compared to the same quarter last year. During the same period last year, the company posted $1.42 earnings per share. As a group, analysts anticipate that Addus HomeCare Corporation will post 6.24 EPS for the current year.

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.