HealthStream, Inc. (HSTM) To Go Ex-Dividend on May 18th

HealthStream, Inc. (NASDAQ:HSTM) announced a quarterly dividend on Monday, May 4th. Investors 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) dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend is Monday, May 18th.

HealthStream has a payout ratio of 20.0% indicating that its dividend is sufficiently covered by earnings. Equities research 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 Price Performance

NASDAQ HSTM opened at $22.70 on Friday. The company’s 50 day simple moving average is $21.37 and its 200 day simple moving average is $22.46. HealthStream has a 12 month low of $19.50 and a 12 month high of $29.63. The company has a market capitalization of $663.18 million, a P/E ratio of 33.88, a PEG ratio of 2.58 and a beta of 0.41.

HealthStream (NASDAQ:HSTM) last released its earnings results on Monday, May 4th. The technology company reported $0.20 EPS for the quarter, topping analysts’ consensus estimates of $0.16 by $0.04. HealthStream had a net margin of 6.39% and a return on equity of 6.47%. The business had revenue of $81.20 million for the quarter, compared to the consensus estimate of $79.68 million. On average, analysts anticipate that HealthStream will post 0.74 earnings per share for the current year.

Institutional Trading of HealthStream

Several large investors have recently added to or reduced their stakes in the business. Copeland Capital Management LLC lifted its stake in shares of HealthStream by 43.8% in the first quarter. Copeland Capital Management LLC now owns 1,276,739 shares of the technology company’s stock worth $26,441,000 after buying an additional 389,186 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in shares of HealthStream by 302.0% in the second quarter. JPMorgan Chase & Co. now owns 247,905 shares of the technology company’s stock worth $6,860,000 after buying an additional 186,231 shares during the last quarter. Lazard Asset Management LLC lifted its stake in shares of HealthStream by 268.2% in the first quarter. Lazard Asset Management LLC now owns 157,208 shares of the technology company’s stock worth $3,256,000 after buying an additional 114,511 shares during the last quarter. Qube Research & Technologies Ltd lifted its stake in shares of HealthStream by 77.3% in the second quarter. Qube Research & Technologies Ltd now owns 251,953 shares of the technology company’s stock worth $6,972,000 after buying an additional 109,883 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its stake in shares of HealthStream by 6.4% in the first quarter. Dimensional Fund Advisors LP now owns 1,456,043 shares of the technology company’s stock worth $30,156,000 after buying an additional 87,177 shares during the last quarter. 69.58% of the stock is owned by 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.