The stock of Addus Homecare Corporation (NASDAQ:ADUS) is a huge mover today! About 71,562 shares traded hands or 74.21% up from the average. Addus Homecare Corporation (NASDAQ:ADUS) has risen 50.15% since April 5, 2016 and is uptrending. It has outperformed by 48.19% the S&P500.
The move comes after 5 months positive chart setup for the $349.28 million company. It was reported on Nov, 8 by Barchart.com. We have $46.80 PT which if reached, will make NASDAQ:ADUS worth $195.60 million more.
According to Zacks Investment Research, “ADDUS HOMECARE is a comprehensive provider of a broad range of social and medical services in the home. The company’s services include personal care and assistance with activities of daily living, skilled nursing and rehabilitative therapies, and adult day care. Its consumers are individuals with special needs who are at risk of hospitalization or institutionalization, such as the elderly, chronically ill and disabled. Its payor clients include federal, state and local governmental agencies, the Veterans Health Administration, commercial insurers and private individuals. Addus operates its business through two divisions, home & community services and home health services. The home & community services are social, or non-medical, in nature and include assistance with bathing, grooming, dressing, personal hygiene and medication reminders, and other activities of daily living whereas the home health services are medical in nature and include physical, occupational and speech therapy, as well as skilled nursing.”
Insitutional Activity: The institutional sentiment increased to 1.3 in 2016 Q2. Its up 0.27, from 1.03 in 2016Q1. The ratio increased, as 16 funds sold all Addus Homecare Corporation shares owned while 14 reduced positions. 7 funds bought stakes while 32 increased positions. They now own 10.00 million shares or 3.59% less from 10.37 million shares in 2016Q1.
Creative Planning last reported 0% of its portfolio in the stock. Springbok Mngmt Limited Liability Company has invested 0.01% of its portfolio in Addus Homecare Corporation (NASDAQ:ADUS). Blackrock Fund Advsrs holds 0% of its portfolio in Addus Homecare Corporation (NASDAQ:ADUS) for 193,306 shares. The Minnesota-based Us Natl Bank De has invested 0% in Addus Homecare Corporation (NASDAQ:ADUS). D E Shaw holds 18,281 shares or 0% of its portfolio. Walthausen And Limited Co holds 298,770 shares or 0.54% of its portfolio. Moreover, Comerica Bank has 0.02% invested in Addus Homecare Corporation (NASDAQ:ADUS) for 108,442 shares. The New York-based Tiaa Cref Mgmt Limited Liability Company has invested 0% in Addus Homecare Corporation (NASDAQ:ADUS). Bridgeway Management accumulated 0.01% or 29,600 shares. Jupiter Asset Mngmt Limited has invested 0.17% of its portfolio in Addus Homecare Corporation (NASDAQ:ADUS). Blackrock holds 1,610 shares or 0% of its portfolio. Lombardia Prns owns 37,730 shares or 0.04% of their US portfolio. Thomson Horstmann And Bryant owns 147,474 shares or 0.33% of their US portfolio. American Interest owns 4,255 shares or 0% of their US portfolio. Walleye Trading Lc has invested 0% of its portfolio in Addus Homecare Corporation (NASDAQ:ADUS).
More notable recent Addus Homecare Corporation (NASDAQ:ADUS) news were published by: Prnewswire.com which released: “Addus HomeCare Announces Third-Quarter 2016 Results” on November 07, 2016, also Marketwatch.com with their article: “/quotes/zigman/3870025/realtime” published on December 21, 2009, Prnewswire.com published: “Addus HomeCare Names Susan T. Weaver, M.D. And Darin J. Gordon To Board Of …” on October 19, 2016. More interesting news about Addus Homecare Corporation (NASDAQ:ADUS) were released by: Prnewswire.com and their article: “Addus HomeCare Completes Acquisition Of South Shore Home Health Services In …” published on February 08, 2016 as well as Prnewswire.com‘s news article titled: “Addus HomeCare Names Dirk Allison As New President And Chief Executive Officer …” with publication date: January 18, 2016.
ADUS Company Profile
Addus HomeCare Corporation, incorporated on July 27, 2006, is a well-known provider of home and community personal care services, which are provided primarily in the home, and is focused on the dual eligible (Medicare/Medicaid) population. The Firm provides home- and community services to over 32,000 clients through approximately 120 locations across over 20 states of the United States, including five adult day centers in Illinois. The Company’s services include non-medical care, such as personal care, home support services and adult day care. The Firm provides these services on a long-term, continuous basis, with an average duration of over 20 months per consumer. The Company’s adult day centers provide a program of skilled and support services and designated medical services for adults in a community group setting.
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