First National Bank of Omaha Sells 210 Shares of Addus HomeCare Co. (NASDAQ:ADUS)

First National Bank of Omaha decreased its holdings in Addus HomeCare Co. (NASDAQ:ADUS) by 3.3% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 6,085 shares of the company’s stock after selling 210 shares during the quarter. First National Bank of Omaha’s holdings in Addus HomeCare were worth $809,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the business. UMB Bank n.a. boosted its stake in shares of Addus HomeCare by 64.2% in the 2nd quarter. UMB Bank n.a. now owns 225 shares of the company’s stock worth $26,000 after buying an additional 88 shares during the last quarter. Quarry LP purchased a new position in shares of Addus HomeCare in the 3rd quarter worth approximately $28,000. Quest Partners LLC purchased a new position in shares of Addus HomeCare in the 2nd quarter worth approximately $31,000. Innealta Capital LLC purchased a new position in shares of Addus HomeCare in the 2nd quarter worth approximately $44,000. Finally, Farther Finance Advisors LLC boosted its stake in shares of Addus HomeCare by 9,150.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 370 shares of the company’s stock worth $49,000 after buying an additional 366 shares during the last quarter. Institutional investors own 95.35% of the company’s stock.

Insider Transactions at Addus HomeCare

In other news, CEO R Dirk Allison sold 12,500 shares of the company’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of $123.16, for a total value of $1,539,500.00. Following the transaction, the chief executive officer now owns 141,897 shares of the company’s stock, valued at approximately $17,476,034.52. This represents a 8.10 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Esteban Lopez sold 500 shares of the company’s stock in a transaction on Tuesday, September 10th. The stock was sold at an average price of $127.50, for a total transaction of $63,750.00. Following the completion of the transaction, the director now owns 3,366 shares of the company’s stock, valued at $429,165. This trade represents a 12.93 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 4.60% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on ADUS. Macquarie restated an “outperform” rating and issued a $139.00 target price on shares of Addus HomeCare in a research note on Monday, November 4th. Stephens upped their price objective on Addus HomeCare from $143.00 to $145.00 and gave the company an “overweight” rating in a research note on Wednesday, November 6th. Royal Bank of Canada reiterated an “outperform” rating and issued a $136.00 price objective on shares of Addus HomeCare in a research note on Thursday, November 14th. StockNews.com downgraded Addus HomeCare from a “buy” rating to a “hold” rating in a research note on Tuesday, December 3rd. Finally, Oppenheimer upped their price objective on Addus HomeCare from $140.00 to $145.00 and gave the company an “outperform” rating in a research note on Monday, September 23rd. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $131.63.

Addus HomeCare Price Performance

Shares of ADUS stock opened at $120.74 on Monday. The company’s fifty day simple moving average is $126.26 and its two-hundred day simple moving average is $124.16. Addus HomeCare Co. has a 1 year low of $85.94 and a 1 year high of $136.12. The stock has a market capitalization of $2.19 billion, a price-to-earnings ratio of 27.63, a PEG ratio of 2.16 and a beta of 1.01.

Addus HomeCare (NASDAQ:ADUS) last issued its earnings results on Monday, November 4th. The company reported $1.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.28 by $0.02. The business had revenue of $289.80 million for the quarter, compared to analysts’ expectations of $289.42 million. Addus HomeCare had a net margin of 6.50% and a return on equity of 9.62%. The business’s revenue for the quarter was up 7.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.03 EPS. Equities research analysts anticipate that Addus HomeCare Co. will post 4.59 EPS for the current year.

Addus HomeCare Profile

Addus HomeCare Corporation, together with its subsidiaries, provides personal care services to elderly, chronically ill, disabled persons, and individuals who are at risk of hospitalization or institutionalization in the United States. The company operates through three segments: Personal Care, Hospice, and Home Health.