William Blair Reiterates “Outperform” Rating for HealthStream (HSTM)

HealthStream (NASDAQ:HSTM)‘s stock had its “outperform” rating reiterated by investment analysts at William Blair in a report released on Tuesday.

Several other equities research analysts have also commented on HSTM. Zacks Investment Research raised shares of HealthStream from a “sell” rating to a “hold” rating in a report on Wednesday, February 7th. BidaskClub raised shares of HealthStream from a “sell” rating to a “hold” rating in a report on Saturday, February 10th. Robert W. Baird lowered their price target on shares of HealthStream from $30.00 to $28.00 and set an “outperform” rating on the stock in a report on Wednesday, October 25th. ValuEngine lowered shares of HealthStream from a “hold” rating to a “sell” rating in a report on Monday, February 5th. Finally, Cantor Fitzgerald reaffirmed a “hold” rating and issued a $24.00 price target on shares of HealthStream in a report on Monday. One research analyst has rated the stock with a sell rating, six have given a hold rating and three have issued a buy rating to the stock. HealthStream has a consensus rating of “Hold” and an average price target of $24.83.

Shares of HealthStream (NASDAQ:HSTM) opened at $22.66 on Tuesday. HealthStream has a 1-year low of $21.15 and a 1-year high of $31.53. The company has a market cap of $715.11, a price-to-earnings ratio of 101.91, a price-to-earnings-growth ratio of 4.73 and a beta of 0.90.

Several hedge funds have recently bought and sold shares of HSTM. Schwab Charles Investment Management Inc. boosted its stake in shares of HealthStream by 1.0% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 108,119 shares of the technology company’s stock worth $2,846,000 after acquiring an additional 1,101 shares in the last quarter. Wells Fargo & Company MN boosted its stake in shares of HealthStream by 1.0% during the 2nd quarter. Wells Fargo & Company MN now owns 21,781 shares of the technology company’s stock worth $573,000 after acquiring an additional 206 shares in the last quarter. TIAA CREF Investment Management LLC boosted its stake in shares of HealthStream by 1.0% during the 2nd quarter. TIAA CREF Investment Management LLC now owns 79,922 shares of the technology company’s stock worth $2,104,000 after acquiring an additional 769 shares in the last quarter. Nationwide Fund Advisors boosted its stake in shares of HealthStream by 4.7% during the 2nd quarter. Nationwide Fund Advisors now owns 16,258 shares of the technology company’s stock worth $428,000 after acquiring an additional 731 shares in the last quarter. Finally, Thrivent Financial For Lutherans boosted its stake in shares of HealthStream by 7.2% during the 2nd quarter. Thrivent Financial For Lutherans now owns 15,380 shares of the technology company’s stock worth $405,000 after acquiring an additional 1,030 shares in the last quarter. 73.99% of the stock is currently owned by institutional investors and hedge funds.

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HealthStream Company Profile

HealthStream, Inc (HealthStream) provides workforce, patient experience and provider solutions for healthcare organizations. The Company operates in three segments: HealthStream Workforce Solutions, HealthStream Patient Experience Solutions and HealthStream Provider Solutions. HealthStream’s products and services are organized into three segments: Workforce Solutions, Patient Experience Solutions, and Provider Solutions.

Analyst Recommendations for HealthStream (NASDAQ:HSTM)

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