Swiss National Bank held its position in Almost Family Inc. (NASDAQ:AFAM) during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 13,753 shares of the company’s stock at the end of the second quarter. Swiss National Bank owned approximately 0.14% of Almost Family worth $586,000 at the end of the most recent quarter.
Several other institutional investors also recently added to or reduced their stakes in the stock. Capstone Asset Management Co. increased its position in Almost Family by 25.2% in the second quarter. Capstone Asset Management Co. now owns 7,393 shares of the company’s stock valued at $315,000 after buying an additional 1,490 shares in the last quarter. Jacobs Levy Equity Management Inc. bought a new position in Almost Family during the first quarter valued at $448,000. California State Teachers Retirement System increased its position in Almost Family by 10.9% in the second quarter. California State Teachers Retirement System now owns 17,001 shares of the company’s stock valued at $724,000 after buying an additional 1,666 shares in the last quarter. Prudential Financial Inc. increased its position in Almost Family by 9.8% in the first quarter. Prudential Financial Inc. now owns 21,192 shares of the company’s stock valued at $789,000 after buying an additional 1,900 shares in the last quarter. Finally, First Midwest Bank Trust Division increased its position in Almost Family by 45.0% in the second quarter. First Midwest Bank Trust Division now owns 23,952 shares of the company’s stock valued at $1,021,000 after buying an additional 7,429 shares in the last quarter. 76.93% of the stock is currently owned by hedge funds and other institutional investors.
Shares of Almost Family Inc. (NASDAQ:AFAM) traded up 0.22% during trading on Friday, reaching $36.79. The company’s stock had a trading volume of 8,829 shares. The company has a market capitalization of $373.68 million, a PE ratio of 19.32 and a beta of 0.89. Almost Family Inc. has a 1-year low of $34.08 and a 1-year high of $45.17. The stock has a 50 day moving average of $36.54 and a 200-day moving average of $39.81.
Almost Family (NASDAQ:AFAM) last announced its quarterly earnings data on Wednesday, August 3rd. The company reported $0.61 EPS for the quarter, missing the Zacks’ consensus estimate of $0.64 by $0.03. Almost Family had a return on equity of 8.53% and a net margin of 3.29%. The company had revenue of $156 million for the quarter, compared to analysts’ expectations of $155.19 million. During the same quarter in the previous year, the business posted $0.52 EPS. The business’s quarterly revenue was up 22.5% compared to the same quarter last year. On average, analysts expect that Almost Family Inc. will post $2.45 earnings per share for the current year.
Separately, Zacks Investment Research raised Almost Family from a “hold” rating to a “buy” rating and set a $44.00 target price on the stock in a research report on Thursday, August 4th. Four analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $47.50.
In related news, major shareholder North Tide Capital, Llc sold 54,000 shares of Almost Family stock in a transaction that occurred on Friday, July 22nd. The stock was sold at an average price of $42.25, for a total transaction of $2,281,500.00. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 13.10% of the company’s stock.
About Almost Family
Almost Family, Inc, along with its subsidiaries, is a provider of home health services. The Company has two divisions, which include Home Health Care and Healthcare Innovations. The Home Health Care division consists of two segments: Visiting Nurse Services (VN or Visiting Nurse) and Personal Care Services (PC or Personal Care).
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