Wcm Investment Management Has Lowered Its Addus Homecare Corp (ADUS) Position as Stock Rose

July 14, 2018 - By James Douglas

Investors sentiment increased to 1.02 in Q1 2018. Its up 0.12, from 0.9 in 2017Q4. It increased, as 11 investors sold ADUS shares while 32 reduced holdings. 24 funds opened positions while 20 raised stakes. 10.36 million shares or 0.34% less from 10.40 million shares in 2017Q4 were reported. New Jersey-based Systematic Financial Mgmt LP has invested 0.03% in Addus HomeCare Corporation (NASDAQ:ADUS). Acadian Asset Management Ltd Liability Company owns 0% invested in Addus HomeCare Corporation (NASDAQ:ADUS) for 17,518 shares. Paradigm Mngmt New York reported 0.18% stake. Tiaa Cref Limited Liability Co accumulated 29,401 shares or 0% of the stock. 12,273 are held by Campbell And Communication Adviser Ltd Liability Corp. Monarch Prtnrs Asset Management Ltd owns 8,690 shares or 0.04% of their US portfolio. Mutual Of America Mngmt Lc accumulated 850 shares. Sheets Smith Wealth Mngmt reported 10,593 shares or 0.12% of all its holdings. Bessemer Group Inc Inc owns 0% invested in Addus HomeCare Corporation (NASDAQ:ADUS) for 8,200 shares. Northpointe Limited Liability, Michigan-based fund reported 86,216 shares. 8,082 are held by Deutsche State Bank Ag. Oppenheimer & Incorporated holds 0.03% of its portfolio in Addus HomeCare Corporation (NASDAQ:ADUS) for 25,700 shares. Aqr Management Limited Liability Co holds 14,199 shares. Wellington Group Limited Liability Partnership accumulated 240,804 shares. Hudson Bay Cap Management LP holds 0.03% or 25,000 shares in its portfolio.

Since January 17, 2018, it had 0 insider buys, and 11 selling transactions for $315,562 activity. On Friday, March 2 ZOCCOLI JAMES sold $8,133 worth of Addus HomeCare Corporation (NASDAQ:ADUS) or 239 shares. Another trade for 911 shares valued at $31,010 was made by ALLISON R DIRK on Friday, March 2. On Thursday, May 10 the insider POFF BRIAN sold $32,458. 822 Addus HomeCare Corporation (NASDAQ:ADUS) shares with value of $30,743 were sold by BICKHAM W BRADLEY.

Wcm Investment Management decreased its stake in Addus Homecare Corp (ADUS) by 19.16% based on its latest 2018Q1 regulatory filing with the SEC. Wcm Investment Management sold 75,956 shares as the company’s stock rose 56.90% while stock markets declined. The institutional investor held 320,484 shares of the medical and nursing services company at the end of 2018Q1, valued at $15.59M, down from 396,440 at the end of the previous reported quarter. Wcm Investment Management who had been investing in Addus Homecare Corp for a number of months, seems to be less bullish one the $690.58M market cap company. The stock increased 2.05% or $1.2 during the last trading session, reaching $59.8. About 60,438 shares traded. Addus HomeCare Corporation (NASDAQ:ADUS) has risen 49.01% since July 14, 2017 and is uptrending. It has outperformed by 36.44% the S&P500.

Wcm Investment Management, which manages about $10.69B US Long portfolio, upped its stake in Chubb Limited by 5.58M shares to 11.50M shares, valued at $1.57 billion in 2018Q1, according to the filing. It also increased its holding in Yandex N V (NASDAQ:YNDX) by 758,927 shares in the quarter, for a total of 17.50 million shares, and has risen its stake in Taiwan Semiconductor Mfg Ltd (NYSE:TSM).

Analysts await Addus HomeCare Corporation (NASDAQ:ADUS) to report earnings on August, 6. They expect $0.46 EPS, up 35.29 % or $0.12 from last year’s $0.34 per share. ADUS’s profit will be $5.31M for 32.50 P/E if the $0.46 EPS becomes a reality. After $0.36 actual EPS reported by Addus HomeCare Corporation for the previous quarter, Wall Street now forecasts 27.78 % EPS growth.

Addus HomeCare Corporation (NASDAQ:ADUS) Ratings Coverage

Among 2 analysts covering Addus Homecare Corp (NASDAQ:ADUS), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Addus Homecare Corp has $5600 highest and $43.0 lowest target. $49.50’s average target is -17.22% below currents $59.8 stock price. Addus Homecare Corp had 2 analyst reports since March 13, 2018 according to SRatingsIntel. Robert W. Baird maintained the shares of ADUS in report on Tuesday, March 13 with “Hold” rating. The stock of Addus HomeCare Corporation (NASDAQ:ADUS) has “Buy” rating given on Monday, April 2 by Stephens.

Addus HomeCare Corporation (NASDAQ:ADUS) Institutional Positions Chart

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