About shares traded. Premier Financial Bancorp, Inc. Zacks Investment Research raised shares of HealthEquity from a hold rating to a buy rating and set a $54.00 price objective for the company in a report on Wednesday, July 12th. They now have $54.00 target price on the stock. The Company is engaged in technology-enabled services platforms that allow consumers to make healthcare saving and spending decisions. The Business's platform provides an ecosystem where consumers can access their tax-advantaged healthcare savings, compare treatment options and pricing, evaluate and pay healthcare bills, receive personalized benefit and clinical information, earn wellness incentives and make educated investment choices to help in their tax-advantaged healthcare savings.
Amalgamated Bank decreased its stake in HealthEquity, Inc.
Analysts await Healthequity Inc (NASDAQ:HQY) to report earnings on September, 5. The Firm sells its products into markets, including smart television, media connectivity, set-top box and Internet of Things devices. Cantor Fitzgerald began coverage on shares of HealthEquity in a report on Thursday, March 30th. The stock of Healthequity Inc (NASDAQ:HQY) has "Buy" rating given on Wednesday, June 8 by SunTrust. Cantor Fitzgerald increased their price target on HealthEquity from $55.00 to $56.00 and gave the company an "overweight" rating in a report on Wednesday, July 5th.
Among 17 analysts covering AmerisourceBergen (NYSE:ABC), 8 have Buy rating, 0 Sell and 9 Hold. The stock presently has an average rating of Buy and a consensus price target of $50.22. (NASDAQ:HQY) will post earnings per share (EPS) of $0.14 for the current fiscal quarter, Zacks reports. The company has a market capitalization of $3.05 billion, a price-to-earnings ratio of 95.5340 and a beta of 1.78. The company has a 50-day moving average of $48.92 and a 200 day moving average of $46.14.
HealthEquity, Inc. has a 1-year low of $28.33 and a 1-year high of $54.95.
HealthEquity (NASDAQ:HQY) last issued its earnings results on Tuesday, June 6th. In the last earnings report the EPS was $0.53 and is estimated to be $0.58 for the current year with 59,973,000 shares now outstanding. HealthEquity had a return on equity of 11.61% and a net margin of 17.04%. The firm had revenue of $55.40 million during the quarter, compared to analysts' expectations of $54.77 million. During the same period in the previous year, the company earned $0.15 EPS. Healthequity Inc Com now has $2.81B valuation.
COPYRIGHT VIOLATION NOTICE: This story was reported by Stock Observer and is owned by of Stock Observer. The correct version of this story can be viewed at https://weekherald.com/2017/08/11/amalgamated-bank-sells-17-shares-of-healthequity-inc-nasdaqhqy-updated-updated.html. (NASDAQ HQY) traded down 2.62% during trading on Friday, hitting $44.93. The shares were sold at an average price of $51.99, for a total transaction of $208,063.98. Following the sale, the vice president now directly owns 15,652 shares in the company, valued at approximately $748,322.12.
In related news, Director Frank Medici sold 210,906 shares of HealthEquity stock in a transaction that occurred on Wednesday, June 14th. (NASDAQ:HQY) recently. Stephen Neeleman, Founder and Vice Chairman disclosed the sale of 8,500 shares. The Company holds the partnership interests in Holliday Fenoglio Fowler, L.P. and HFF Securities L.P., held through the subsidiary HFF Partnership Holdings, LLC, and all of the outstanding shares of Holliday GP Corp. Institutional investors own 90.35% of the company's stock. 579,253 shares of the company were exchanged. State Street Corp increased its position in HealthEquity by 7.3% in the fourth quarter. FMR LLC now owns 1,248,441 shares of the company's stock worth $50,587,000 after buying an additional 680,671 shares during the period. Oppenheimer Asset Management Inc. bought a new position in shares of HealthEquity during the first quarter valued at about $106,000. The value of the investment in HealthEquity, Inc. increased from $2,412,000 to $3,168,000 a change of $756,000 since the last quarter. Teachers Retirement System of The State of Kentucky increased its stake in shares of HealthEquity by 13.3% in the fourth quarter. Moreover, Barclays Plc has 0% invested in the company for 83 shares. Fifth Third Bancorp raised its position in shares of HealthEquity by 382.8% in the first quarter. BlackRock Inc. now owns 5,589,953 shares of the company's stock worth $237,293,000 after buying an additional 5,586,414 shares during the period. Neuburgh Advisers LLC boosted its stake in shares of HealthEquity by 0.4% in the first quarter. Glen Harbor Capital Management LLC now owns 43,956 shares of the company's stock valued at $1,866,000 after buying an additional 154 shares during the last quarter.