Silvercrest Asset Management Group Reduces $6M in Addus HomeCare Corporation ($ADUS)
Key Points
- Silvercrest Asset Management Group changed its Addus HomeCare Corporation ($ADUS) stake by 8.24% last quarter, cutting to 729,196 shares worth $67.84 million.
- Wall Street's consensus rating on $ADUS is Buy and an average price target of $134.69.
- $ADUS last traded around $93.04.
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Silvercrest Asset Management Group trimmed its position in Addus HomeCare Corporation ($ADUS) by 8.24% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 729,196 shares of Addus HomeCare Corporation after selling 65,501 shares during the quarter. Silvercrest Asset Management Group's holdings in Addus HomeCare Corporation were worth $67.84 million as of its most recent filing.
Addus HomeCare Corporation Stock Down 19.5%
Shares of Addus HomeCare Corporation ($ADUS) traded around $93.04 on Saturday, down 19.5% for the day.
Addus HomeCare Corporation Earnings
Analysts Set New Price Targets
About Addus HomeCare Corporation
Addus HomeCare Corporation, together with its subsidiaries, provides personal care services to elderly, chronically ill, disabled persons, and individuals who are at risk of hospitalization or institutionalization in the United States. The company operates through three segments: Personal Care, Hospice, and Home Health. Its Personal Care segment provides non-medical assistance with activities of daily living. This segment offers services that include assistance with bathing, grooming, oral care, feeding and dressing, medication reminders, meal planning and preparation, housekeeping, and transportation services. The Hospice segment provides palliative nursing care, social work, spiritual counseling, homemaker, and bereavement counseling services for people who are terminally ill, as well as related services for their families. Its Home Health segment offers skilled nursing and physical, occupational, and speech therapy for the individuals who requires assistance during an illness or after hospitalization. The company serves federal, state, and local governmental agencies; managed care organizations; commercial insurers; and private individuals. Addus HomeCare Corporation was founded in 1979 and is based in Frisco, Texas.
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This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.