BNP Paribas Arbitrage SA Has $354,000 Position in Almost Family Inc (AFAM)

BNP Paribas Arbitrage SA lifted its holdings in Almost Family Inc (NASDAQ:AFAM) by 53.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,594 shares of the company’s stock after acquiring an additional 2,295 shares during the period. BNP Paribas Arbitrage SA’s holdings in Almost Family were worth $354,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in AFAM. Teachers Advisors LLC lifted its holdings in shares of Almost Family by 47.2% in the 1st quarter. Teachers Advisors LLC now owns 18,696 shares of the company’s stock valued at $909,000 after acquiring an additional 5,999 shares during the last quarter. Vanguard Group Inc. lifted its holdings in shares of Almost Family by 33.0% in the 1st quarter. Vanguard Group Inc. now owns 637,314 shares of the company’s stock valued at $30,973,000 after acquiring an additional 157,955 shares during the last quarter. Geode Capital Management LLC lifted its stake in Almost Family by 25.6% in the first quarter. Geode Capital Management LLC now owns 93,964 shares of the company’s stock worth $4,566,000 after purchasing an additional 19,124 shares during the last quarter. Schwab Charles Investment Management Inc. lifted its stake in Almost Family by 62.7% in the first quarter. Schwab Charles Investment Management Inc. now owns 17,900 shares of the company’s stock worth $870,000 after purchasing an additional 6,900 shares during the last quarter. Finally, Bank of America Corp DE lifted its stake in Almost Family by 135.2% in the first quarter. Bank of America Corp DE now owns 19,049 shares of the company’s stock worth $926,000 after purchasing an additional 10,950 shares during the last quarter. 85.02% of the stock is owned by hedge funds and other institutional investors.

AFAM has been the subject of several analyst reports. ValuEngine raised shares of Almost Family from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. Robert W. Baird reissued a “hold” rating and issued a $55.00 price objective on shares of Almost Family in a research note on Tuesday, September 19th. Zacks Investment Research raised shares of Almost Family from a “sell” rating to a “hold” rating in a research note on Wednesday, September 20th. J P Morgan Chase & Co initiated coverage on shares of Almost Family in a research note on Monday, October 9th. They issued a “neutral” rating and a $54.00 price objective for the company. Finally, Royal Bank of Canada reissued a “buy” rating on shares of Almost Family in a research note on Wednesday, October 11th. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and one has given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $62.33.

In other news, Director Jonathan Goldberg sold 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, November 16th. The shares were sold at an average price of $60.08, for a total transaction of $600,800.00. Following the transaction, the director now directly owns 44,803 shares of the company’s stock, valued at $2,691,764.24. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, SVP John Shermyen sold 2,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 28th. The stock was sold at an average price of $52.00, for a total transaction of $104,000.00. Following the transaction, the senior vice president now directly owns 79,864 shares in the company, valued at $4,152,928. The disclosure for this sale can be found here. Company insiders own 13.10% of the company’s stock.

Shares of Almost Family Inc (NASDAQ AFAM) opened at $55.95 on Tuesday. The stock has a market cap of $793.38, a PE ratio of 26.67, a price-to-earnings-growth ratio of 2.75 and a beta of 0.52. Almost Family Inc has a 12 month low of $39.35 and a 12 month high of $66.15. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.40 and a quick ratio of 2.40.

Almost Family (NASDAQ:AFAM) last issued its earnings results on Tuesday, November 7th. The company reported $0.43 EPS for the quarter, topping the Zacks’ consensus estimate of $0.42 by $0.01. The business had revenue of $194.30 million for the quarter, compared to analyst estimates of $199.93 million. Almost Family had a net margin of 2.02% and a return on equity of 6.12%. The company’s quarterly revenue was up 21.1% compared to the same quarter last year. During the same period last year, the company posted $0.66 earnings per share. equities analysts forecast that Almost Family Inc will post 2.11 EPS for the current year.

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Almost Family Company 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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