Will Addus HomeCare Corporation (ADUS) Run Out of Steam Soon?

March 22, 2018 - By Marguerite Chambers

Investors sentiment increased to 1.12 in Q3 2017. Its up 0.19, from 0.93 in 2017Q2. It improved, as 14 investors sold Addus HomeCare Corporation shares while 27 reduced holdings. 14 funds opened positions while 32 raised stakes. 10.50 million shares or 2.58% less from 10.78 million shares in 2017Q2 were reported.
Cadence Cap has invested 0.08% of its portfolio in Addus HomeCare Corporation (NASDAQ:ADUS). Jefferies Gru Inc Ltd Liability Corp holds 0% of its portfolio in Addus HomeCare Corporation (NASDAQ:ADUS) for 5,803 shares. Blackrock Inc reported 433,185 shares. State Common Retirement Fund holds 0% or 9,000 shares in its portfolio. Jpmorgan Chase And reported 187,396 shares. Northern Tru holds 0% of its portfolio in Addus HomeCare Corporation (NASDAQ:ADUS) for 142,318 shares. California State Teachers Retirement Systems reported 11,851 shares. Moreover, Morgan Stanley has 0% invested in Addus HomeCare Corporation (NASDAQ:ADUS) for 20,453 shares. Moreover, Strs Ohio has 0% invested in Addus HomeCare Corporation (NASDAQ:ADUS). The Connecticut-based Aqr Lc has invested 0% in Addus HomeCare Corporation (NASDAQ:ADUS). Tower Cap Lc (Trc) invested 0.01% in Addus HomeCare Corporation (NASDAQ:ADUS). Eos Management Ltd Partnership has invested 40.29% in Addus HomeCare Corporation (NASDAQ:ADUS). Jupiter Asset Ltd owns 109,777 shares. Tiaa Cref Mngmt Ltd Liability Corporation holds 24,524 shares. Nationwide Fund Advsrs holds 0% of its portfolio in Addus HomeCare Corporation (NASDAQ:ADUS) for 8,038 shares.

Since October 9, 2017, it had 0 insider buys, and 11 sales for $307,667 activity. Shares for $30,743 were sold by BICKHAM W BRADLEY. ZOCCOLI JAMES also sold $24,563 worth of Addus HomeCare Corporation (NASDAQ:ADUS) shares. POFF BRIAN also sold $42,234 worth of Addus HomeCare Corporation (NASDAQ:ADUS) shares. Another trade for 749 shares valued at $29,099 was made by ALLISON R DIRK on Monday, January 22.

The stock of Addus HomeCare Corporation (NASDAQ:ADUS) reached all time high today, Mar, 22 and still has $46.28 target or 4.00 % above today’s $44.50 share price. This indicates more upside for the $511.26M company. This technical setup was reported by Barchart.com. If the $46.28 PT is reached, the company will be worth $20.45 million more.
Trading stocks at an all time highs is usually a winning strategy. An all time high points to a stock which has the most positive fundamentals ever. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events.

The stock increased 3.01% or $1.3 during the last trading session, reaching $44.5. About 60,524 shares traded or 116.95% up from the average. Addus HomeCare Corporation (NASDAQ:ADUS) has risen 102.62% since March 22, 2017 and is uptrending. It has outperformed by 85.92% the S&P500.

Addus HomeCare Corporation (NASDAQ:ADUS) Ratings Coverage

Among 2 analysts covering Addus Homecare (NASDAQ:ADUS), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Addus Homecare had 5 analyst reports since August 4, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Tuesday, August 29 by Oppenheimer. Robert W. Baird maintained the stock with “Hold” rating in Sunday, November 5 report. The firm earned “Hold” rating on Tuesday, March 13 by Robert W. Baird. The stock has “Outperform” rating by Oppenheimer on Tuesday, August 4.

More notable recent Addus HomeCare Corporation (NASDAQ:ADUS) news were published by: Seekingalpha.com which released: “Addus HomeCare: Weathering The Health Care Maelstrom” on July 19, 2017, also Benzinga.com with their article: “Addus HomeCare Q4 Earnings Preview” published on March 05, 2018, Globenewswire.com published: “Addus HomeCare Announces Fourth-Quarter And Year-End 2017 Earnings Release And …” on February 13, 2018. More interesting news about Addus HomeCare Corporation (NASDAQ:ADUS) were released by: Prnewswire.com and their article: “Addus HomeCare Announces Fourth-Quarter 2017 Financial Results” published on March 05, 2018 as well as Seekingalpha.com‘s news article titled: “Addus HomeCare’s (ADUS) CEO Dirk Allison on Q4 2017 Results – Earnings Call …” with publication date: March 06, 2018.

Addus HomeCare Corporation provides personal care services to older adults and younger disabled persons in the United States. The company has market cap of $511.26 million. The company's personal care services offer adult day care and assistance with activities of daily living. It has a 37.94 P/E ratio. The Company’s services include assistance with bathing, grooming, oral care, skincare, assistance with feeding and dressing, medication reminders, meal planning and preparation, housekeeping, and transportation services, as well as other activities of daily living.

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