First National Bank of Omaha Acquires Shares of 5,825 Addus HomeCare Corporation $ADUS

First National Bank of Omaha acquired a new position in Addus HomeCare Corporation (NASDAQ:ADUS) in the second quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 5,825 shares of the company’s stock, valued at approximately $585,000.

Other institutional investors have also recently bought and sold shares of the company. Global Retirement Partners LLC boosted its holdings in shares of Addus HomeCare by 395.7% during the fourth quarter. Global Retirement Partners LLC now owns 233 shares of the company’s stock worth $25,000 after purchasing an additional 186 shares during the period. Larson Financial Group LLC boosted its holdings in Addus HomeCare by 133.3% in the third quarter. Larson Financial Group LLC now owns 238 shares of the company’s stock worth $28,000 after purchasing an additional 136 shares in the last quarter. Acumen Wealth Advisors LLC bought a new stake in shares of Addus HomeCare during the 4th quarter worth about $29,000. Arax Advisory Partners grew its holdings in Addus HomeCare by 95.8% during the fourth quarter. Arax Advisory Partners now owns 280 shares of the company’s stock valued at $30,000 after purchasing an additional 137 shares during the last quarter. Finally, Private Trust Co. NA grew its stake in Addus HomeCare by 65.5% in the 4th quarter. Private Trust Co. NA now owns 283 shares of the company’s stock valued at $30,000 after buying an additional 112 shares during the last quarter. 95.35% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Addus HomeCare

In other Addus HomeCare news, insider Heather Brianne Dixon sold 288 shares of the stock in a transaction dated Monday, June 22nd. The stock was sold at an average price of $93.77, for a total value of $27,005.76. Following the completion of the sale, the insider directly owned 44,371 shares in the company, valued at $4,160,668.67. This represents a 0.64% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 4.10% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have issued reports on ADUS shares. Barclays raised their target price on Addus HomeCare from $92.00 to $96.00 and gave the company an “underweight” rating in a report on Wednesday, July 8th. Citigroup reissued a “market outperform” rating on shares of Addus HomeCare in a research report on Friday, July 24th. Royal Bank Of Canada increased their price objective on Addus HomeCare from $130.00 to $134.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 5th. Weiss Ratings upgraded shares of Addus HomeCare from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, July 9th. Finally, Citizens Jmp reaffirmed a “market outperform” rating and issued a $142.00 price target on shares of Addus HomeCare in a report on Monday, May 18th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $130.88.

Addus HomeCare Stock Up 1.6%

NASDAQ:ADUS opened at $120.02 on Thursday. The company has a quick ratio of 1.69, a current ratio of 1.69 and a debt-to-equity ratio of 0.05. Addus HomeCare Corporation has a 12-month low of $87.95 and a 12-month high of $124.43. The firm has a market capitalization of $2.24 billion, a P/E ratio of 21.06, a P/E/G ratio of 1.59 and a beta of 0.87. The stock’s fifty day simple moving average is $108.37 and its 200-day simple moving average is $102.25.

Addus HomeCare (NASDAQ:ADUS) last announced its quarterly earnings results on Monday, August 3rd. The company reported $1.73 EPS for the quarter, beating analysts’ consensus estimates of $1.70 by $0.03. The company had revenue of $377.41 million during the quarter, compared to analysts’ expectations of $376.24 million. Addus HomeCare had a return on equity of 9.96% and a net margin of 7.13%.Addus HomeCare’s revenue was up 8.0% on a year-over-year basis. During the same period in the prior year, the business posted $1.49 EPS. Equities research analysts expect that Addus HomeCare Corporation will post 6.29 earnings per share for the current year.

About Addus HomeCare

Addus HomeCare (NASDAQ: ADUS) is a leading provider of home and community-based care services for elderly, disabled, and medically complex individuals across the United States. Through a network of company-owned and franchise locations, the company delivers a broad spectrum of non-medical personal care and licensed home health services designed to support clients’ independence and quality of life.

The company’s core offerings include personal care assistance—covering daily living activities, medication reminders, and light housekeeping—and skilled home health services delivered under the supervision of registered nurses and licensed therapists.