Key Points
- EVP Patrick Orr sold 44,615 shares on Feb. 18 at an average price of $20.53 for proceeds of about $915,946, a disclosure on an SEC Form 4 that represented a substantial reduction in his stake.
- Q4 results beat expectations: HCSG reported $0.44 EPS vs. $0.23 consensus and revenue of $466.7M (up ~6.6% year‑over‑year), while the stock trades near $20.64 with a 52‑week range of $9.13–$22.98.
- Institutional ownership is very high (about 97.97%), and analysts hold a consensus "Moderate Buy" with a $22 average price target, reflecting mixed but generally constructive sentiment.
Healthcare Services Group, Inc. (NASDAQ:HCSG - Get Free Report) EVP Patrick Orr sold 44,615 shares of the company's stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $20.53, for a total transaction of $915,945.95. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.
Healthcare Services Group Price Performance
HCSG opened at $20.64 on Friday. Healthcare Services Group, Inc. has a fifty-two week low of $9.13 and a fifty-two week high of $22.98. The firm has a market capitalization of $1.45 billion, a P/E ratio of 25.17 and a beta of 0.74. The company's 50-day moving average is $19.45 and its 200 day moving average is $17.69.
Healthcare Services Group (NASDAQ:HCSG - Get Free Report) last issued its quarterly earnings data on Wednesday, February 11th. The business services provider reported $0.44 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.23 by $0.21. The business had revenue of $466.68 million during the quarter, compared to the consensus estimate of $467.24 million. Healthcare Services Group had a net margin of 3.21% and a return on equity of 16.04%. The firm's quarterly revenue was up 6.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.16 EPS. On average, equities research analysts expect that Healthcare Services Group, Inc. will post 0.74 earnings per share for the current year.
Institutional Inflows and Outflows
A number of institutional investors have recently made changes to their positions in HCSG. Miller Global Investments LLC bought a new position in shares of Healthcare Services Group during the 4th quarter worth $26,000. Caitong International Asset Management Co. Ltd purchased a new stake in Healthcare Services Group during the fourth quarter valued at about $33,000. EverSource Wealth Advisors LLC lifted its holdings in Healthcare Services Group by 163.4% during the second quarter. EverSource Wealth Advisors LLC now owns 2,186 shares of the business services provider's stock valued at $33,000 after purchasing an additional 1,356 shares during the last quarter. GAMMA Investing LLC boosted its position in Healthcare Services Group by 94.9% during the third quarter. GAMMA Investing LLC now owns 2,843 shares of the business services provider's stock worth $48,000 after purchasing an additional 1,384 shares during the period. Finally, Farther Finance Advisors LLC increased its stake in shares of Healthcare Services Group by 32.0% in the fourth quarter. Farther Finance Advisors LLC now owns 3,619 shares of the business services provider's stock worth $69,000 after purchasing an additional 877 shares in the last quarter. Hedge funds and other institutional investors own 97.97% of the company's stock.
Trending Headlines about Healthcare Services Group
Here are the key news stories impacting Healthcare Services Group this week:
- Positive Sentiment: Q4 results showed an earnings beat and revenue growth — the company reported $0.44 EPS vs. consensus $0.23 and revenue rose ~6.6% year‑over‑year, which supports the bullish case. MarketBeat: HCSG profile and earnings summary
- Positive Sentiment: Institutional buying: several funds increased or initiated positions in HCSG in Q4, and institutions own a very large share of the float (~98%), which can stabilize the stock and support longer‑term demand. MarketBeat: institutional holdings
- Positive Sentiment: Retail/insider buy: Theodore Wahl purchased roughly $178K of HCSG shares, a small but supportive insider buy. Benzinga: Theodore Wahl buy
- Neutral Sentiment: An EVP (Chief Revenue Officer) exercised options worth ~$282K — option exercises are common and can be neutral (could signal confidence or simply scheduled compensation). Benzinga: options exercise
- Neutral Sentiment: Short‑interest reports for mid‑February show “0” shares / 0 days to cover and NaN changes — this is almost certainly a data/reporting error and should not be interpreted as meaningful market pressure.
- Negative Sentiment: Large insider selloffs: EVP Patrick J. Orr sold ~45,500 shares (~$0.9M) and reduced his holding by ~50%, disclosed on Form 4. Significant insider trimming at current prices can be read negatively by investors. SEC Form 4: Patrick J. Orr sale
- Negative Sentiment: Another senior executive, EVP John Christopher Shea, sold ~54,357 shares (~$1.1M) and trimmed his stake by ~65%, adding to the negative signal from insider sales. SEC Form 4: John Christopher Shea sale
Analyst Ratings Changes
A number of analysts recently commented on the company. Wall Street Zen raised Healthcare Services Group from a "buy" rating to a "strong-buy" rating in a research report on Saturday, February 14th. UBS Group set a $25.00 price objective on Healthcare Services Group and gave the company a "buy" rating in a research note on Thursday, February 12th. Macquarie Infrastructure reiterated a "buy" rating on shares of Healthcare Services Group in a research note on Wednesday, November 26th. BMO Capital Markets reissued a "market perform" rating and issued a $22.00 price target on shares of Healthcare Services Group in a report on Thursday, February 12th. Finally, William Blair upgraded shares of Healthcare Services Group from a "market perform" rating to an "outperform" rating in a report on Friday. Four equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company's stock. Based on data from MarketBeat, Healthcare Services Group currently has an average rating of "Moderate Buy" and a consensus price target of $22.00.
Read Our Latest Stock Analysis on HCSG
About Healthcare Services Group
(
Get Free Report)
Healthcare Services Group, Inc (NASDAQ: HCSG) is a leading provider of support services to healthcare facilities across the United States. The company specializes in environmental services, including housekeeping and sanitation, as well as linen and laundry management. In addition, Healthcare Services Group offers dietary and nutrition services, catering to hospitals, skilled nursing facilities, assisted living communities and other long-term care providers.
Founded as a family-owned business in the late 1970s, the company completed its initial public offering in 1997.
Read More
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
