Almost Family (NASDAQ:AFAM)‘s stock had its “hold” rating reiterated by stock analysts at SunTrust Banks in a research note issued to investors on Friday, November 10th. They currently have a $58.00 price objective on the stock. SunTrust Banks’ target price would suggest a potential downside of 4.45% from the stock’s current price. SunTrust Banks also issued estimates for Almost Family’s Q4 2017 earnings at $0.56 EPS and FY2017 earnings at $2.09 EPS.
Other equities research analysts have also recently issued research reports about the company. Jefferies Group reaffirmed a “buy” rating and set a $58.00 target price on shares of Almost Family in a research report on Friday, November 3rd. BidaskClub cut Almost Family from a “buy” rating to a “hold” rating in a research report on Monday, July 24th. Robert W. Baird set a $55.00 price objective on Almost Family and gave the company a “hold” rating in a research report on Saturday, October 21st. Royal Bank Of Canada restated a “buy” rating on shares of Almost Family in a research note on Wednesday, October 11th. Finally, ValuEngine upgraded Almost Family from a “hold” rating to a “buy” rating in a research note on Thursday, November 9th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating to the company’s stock. Almost Family currently has a consensus rating of “Hold” and an average target price of $62.33.
Shares of Almost Family (NASDAQ:AFAM) traded up $0.75 during midday trading on Friday, hitting $60.70. The company had a trading volume of 220,600 shares, compared to its average volume of 142,661. The company has a market cap of $837.20, a PE ratio of 30.05, a price-to-earnings-growth ratio of 3.14 and a beta of 0.39. Almost Family has a 1-year low of $39.34 and a 1-year high of $66.15. The company has a current ratio of 2.40, a quick ratio of 2.40 and a debt-to-equity ratio of 0.27.
In other news, Director Jonathan Goldberg sold 10,000 shares of the stock in a transaction on Thursday, November 16th. The stock was sold at an average price of $60.08, for a total transaction of $600,800.00. Following the sale, the director now owns 44,803 shares in the company, valued at $2,691,764.24. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP John Shermyen sold 2,000 shares of the firm’s stock in a transaction dated Thursday, September 28th. The shares were sold at an average price of $52.00, for a total value of $104,000.00. Following the completion of the transaction, the senior vice president now owns 79,864 shares in the company, valued at approximately $4,152,928. The disclosure for this sale can be found here. Corporate insiders own 13.10% of the company’s stock.
A number of institutional investors have recently bought and sold shares of the stock. Sterling Capital Management LLC boosted its holdings in Almost Family by 25.9% in the third quarter. Sterling Capital Management LLC now owns 35,488 shares of the company’s stock valued at $1,906,000 after acquiring an additional 7,311 shares during the last quarter. Point72 Asset Management L.P. bought a new position in Almost Family in the third quarter valued at about $7,570,000. Envestnet Asset Management Inc. boosted its holdings in Almost Family by 24.5% in the third quarter. Envestnet Asset Management Inc. now owns 6,245 shares of the company’s stock valued at $335,000 after acquiring an additional 1,229 shares during the last quarter. Pinebridge Investments L.P. boosted its holdings in Almost Family by 991.9% in the third quarter. Pinebridge Investments L.P. now owns 17,154 shares of the company’s stock valued at $921,000 after acquiring an additional 15,583 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its holdings in Almost Family by 6.7% during the third quarter. Dimensional Fund Advisors LP now owns 1,055,392 shares of the company’s stock worth $56,674,000 after buying an additional 66,316 shares during the last quarter. Institutional investors and hedge funds own 84.87% of the company’s stock.
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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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