Almost Family Inc (AFAM) Holdings Lifted by Sterling Capital Management LLC

Sterling Capital Management LLC raised its position in Almost Family Inc (NASDAQ:AFAM) by 25.9% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 35,488 shares of the company’s stock after buying an additional 7,311 shares during the period. Sterling Capital Management LLC owned about 0.25% of Almost Family worth $1,906,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in AFAM. Teachers Advisors LLC increased its holdings in Almost Family by 47.2% in the first quarter. Teachers Advisors LLC now owns 18,696 shares of the company’s stock valued at $909,000 after buying an additional 5,999 shares in the last quarter. Schwab Charles Investment Management Inc. increased its holdings in Almost Family by 62.7% in the first quarter. Schwab Charles Investment Management Inc. now owns 17,900 shares of the company’s stock valued at $870,000 after buying an additional 6,900 shares in the last quarter. Bank of America Corp DE increased its holdings in Almost Family by 135.2% in the first quarter. Bank of America Corp DE now owns 19,049 shares of the company’s stock valued at $926,000 after buying an additional 10,950 shares in the last quarter. Aperio Group LLC increased its holdings in Almost Family by 3.9% in the second quarter. Aperio Group LLC now owns 5,447 shares of the company’s stock valued at $336,000 after buying an additional 204 shares in the last quarter. Finally, US Bancorp DE increased its holdings in Almost Family by 68.4% in the second quarter. US Bancorp DE now owns 2,118 shares of the company’s stock valued at $131,000 after buying an additional 860 shares in the last quarter. 84.90% of the stock is owned by institutional investors.

A number of research firms have weighed in on AFAM. ValuEngine cut shares of Almost Family from a “buy” rating to a “hold” rating in a report on Friday, December 1st. Robert W. Baird set a $65.00 target price on shares of Almost Family and gave the company a “hold” rating in a research report on Tuesday, November 28th. Royal Bank of Canada lowered shares of Almost Family from an “outperform” rating to a “sector perform” rating and lifted their target price for the company from $54.00 to $62.00 in a research report on Monday, November 20th. SunTrust Banks set a $73.00 target price on shares of Almost Family and gave the company a “hold” rating in a research report on Friday, November 17th. Finally, Zacks Investment Research lowered shares of Almost Family from a “hold” rating to a “sell” rating in a research report on Wednesday, November 8th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and one has assigned a buy rating to the company. Almost Family presently has an average rating of “Hold” and a consensus price target of $62.33.

In related news, Director Jonathan Goldberg sold 10,000 shares of the business’s stock in a transaction dated Thursday, November 16th. The shares were sold at an average price of $60.08, for a total transaction of $600,800.00. Following the transaction, the director now directly owns 44,803 shares in the company, valued at $2,691,764.24. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP John Shermyen sold 2,000 shares of the business’s stock in a transaction dated Thursday, September 28th. The stock was sold at an average price of $52.00, for a total transaction of $104,000.00. Following the transaction, the senior vice president now owns 79,864 shares in the company, valued at $4,152,928. The disclosure for this sale can be found here. 13.10% of the stock is owned by company insiders.

Shares of Almost Family Inc (NASDAQ AFAM) opened at $55.10 on Tuesday. Almost Family Inc has a 52-week low of $40.15 and a 52-week high of $66.15. The stock has a market cap of $796.17, a PE ratio of 26.76, a PEG ratio of 2.76 and a beta of 0.52. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.40 and a quick ratio of 2.40.

Almost Family (NASDAQ:AFAM) last announced its earnings results on Tuesday, November 7th. The company reported $0.43 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.42 by $0.01. Almost Family had a net margin of 2.02% and a return on equity of 6.12%. The business had revenue of $194.30 million for the quarter, compared to analyst estimates of $199.93 million. During the same quarter last year, the business earned $0.66 earnings per share. The company’s revenue for the quarter was up 21.1% compared to the same quarter last year. sell-side analysts forecast that Almost Family Inc will post 2.11 EPS for the current year.

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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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Institutional Ownership by Quarter for Almost Family (NASDAQ:AFAM)

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