Lebenthal Lisanti Capital Growth LLC boosted its stake in shares of Almost Family Inc (NASDAQ:AFAM) by 84.2% during the second quarter, Holdings Channel reports. The fund owned 26,725 shares of the company’s stock after buying an additional 12,215 shares during the period. Lebenthal Lisanti Capital Growth LLC’s holdings in Almost Family were worth $1,648,000 as of its most recent SEC filing.
Several other large investors have also recently made changes to their positions in the stock. FMR LLC raised its stake in shares of Almost Family by 33.5% in the first quarter. FMR LLC now owns 2,077,849 shares of the company’s stock valued at $100,984,000 after buying an additional 521,870 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in shares of Almost Family by 5.4% in the first quarter. Dimensional Fund Advisors LP now owns 919,584 shares of the company’s stock valued at $44,692,000 after buying an additional 46,958 shares during the last quarter. Vanguard Group Inc. raised its stake in shares of Almost Family by 33.0% in the first quarter. Vanguard Group Inc. now owns 637,314 shares of the company’s stock valued at $30,973,000 after buying an additional 157,955 shares during the last quarter. Goldman Sachs Group Inc. raised its stake in shares of Almost Family by 1,571.9% in the first quarter. Goldman Sachs Group Inc. now owns 576,664 shares of the company’s stock valued at $28,026,000 after buying an additional 542,172 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its stake in shares of Almost Family by 403.9% in the first quarter. Ameriprise Financial Inc. now owns 575,146 shares of the company’s stock valued at $27,952,000 after buying an additional 461,002 shares during the last quarter. Institutional investors own 83.03% of the company’s stock.
Almost Family Inc (NASDAQ:AFAM) opened at 47.20 on Friday. Almost Family Inc has a 1-year low of $35.21 and a 1-year high of $62.95. The company’s 50 day moving average is $58.33 and its 200-day moving average is $52.41. The firm has a market cap of $599.16 million, a price-to-earnings ratio of 29.85 and a beta of 0.43.
Almost Family (NASDAQ:AFAM) last released its quarterly earnings results on Tuesday, May 9th. The company reported $0.55 EPS for the quarter, beating the Zacks’ consensus estimate of $0.51 by $0.04. Almost Family had a net margin of 2.59% and a return on equity of 7.67%. The firm had revenue of $201.31 million for the quarter, compared to analyst estimates of $204.79 million. During the same period in the previous year, the business earned $0.59 earnings per share. The company’s revenue for the quarter was up 31.0% compared to the same quarter last year. On average, analysts predict that Almost Family Inc will post $2.38 EPS for the current fiscal year.
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Several equities research analysts have commented on AFAM shares. Zacks Investment Research upgraded shares of Almost Family from a “sell” rating to a “hold” rating in a research note on Monday, May 15th. Bank of America Corporation restated a “neutral” rating and issued a $57.00 price target (up previously from $52.00) on shares of Almost Family in a research note on Wednesday, May 17th. Royal Bank Of Canada restated a “buy” rating and issued a $63.00 price target on shares of Almost Family in a research note on Tuesday, June 13th. BidaskClub lowered shares of Almost Family from a “hold” rating to a “sell” rating in a research note on Tuesday. Finally, Robert W. Baird lowered shares of Almost Family from an “outperform” rating to a “neutral” rating and raised their price target for the company from $55.00 to $64.00 in a research note on Monday, July 10th. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $57.60.
In other Almost Family news, Director Steven B. Bing sold 875 shares of the business’s stock in a transaction dated Monday, May 8th. The shares were sold at an average price of $49.35, for a total value of $43,181.25. Following the completion of the transaction, the director now directly owns 13,599 shares of the company’s stock, valued at $671,110.65. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO William B. Yarmuth sold 30,000 shares of the business’s stock in a transaction dated Monday, May 15th. The stock was sold at an average price of $56.82, for a total transaction of $1,704,600.00. Following the completion of the transaction, the chief executive officer now directly owns 430,794 shares of the company’s stock, valued at $24,477,715.08. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 76,942 shares of company stock valued at $4,350,980. Insiders own 13.10% of the company’s stock.
About Almost Family
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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