Campbell & CO Investment Adviser LLC Takes $407,000 Position in Healthcare Services Group, Inc. $HCSG

Campbell & CO Investment Adviser LLC bought a new stake in Healthcare Services Group, Inc. (NASDAQ:HCSG) during the 2nd quarter, HoldingsChannel reports. The fund bought 27,100 shares of the business services provider’s stock, valued at approximately $407,000.

A number of other hedge funds have also modified their holdings of the stock. American Century Companies Inc. increased its position in Healthcare Services Group by 190.1% in the 1st quarter. American Century Companies Inc. now owns 451,936 shares of the business services provider’s stock worth $4,556,000 after buying an additional 296,159 shares during the period. Mackenzie Financial Corp grew its stake in shares of Healthcare Services Group by 0.8% in the first quarter. Mackenzie Financial Corp now owns 4,128,934 shares of the business services provider’s stock worth $41,620,000 after acquiring an additional 34,037 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH bought a new position in Healthcare Services Group during the first quarter worth $1,121,000. KLP Kapitalforvaltning AS increased its position in Healthcare Services Group by 138.9% during the second quarter. KLP Kapitalforvaltning AS now owns 34,400 shares of the business services provider’s stock worth $517,000 after acquiring an additional 20,000 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its stake in Healthcare Services Group by 8.4% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 965,843 shares of the business services provider’s stock valued at $9,736,000 after purchasing an additional 74,476 shares during the last quarter. 97.97% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

HCSG has been the subject of several research reports. UBS Group raised their target price on Healthcare Services Group from $20.00 to $22.00 and gave the stock a “buy” rating in a research report on Tuesday, October 28th. Wall Street Zen raised shares of Healthcare Services Group from a “buy” rating to a “strong-buy” rating in a research note on Saturday, November 1st. Robert W. Baird increased their price target on Healthcare Services Group from $13.00 to $15.00 and gave the stock a “neutral” rating in a report on Thursday, July 24th. Weiss Ratings reissued a “hold (c+)” rating on shares of Healthcare Services Group in a report on Thursday. Finally, BMO Capital Markets started coverage on shares of Healthcare Services Group in a research report on Thursday. They set a “market perform” rating and a $20.00 price objective for the company. Three research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $19.40.

Healthcare Services Group Trading Up 0.1%

HCSG opened at $17.35 on Monday. Healthcare Services Group, Inc. has a 12 month low of $9.13 and a 12 month high of $20.00. The company has a market cap of $1.22 billion, a PE ratio of 32.13 and a beta of 0.73. The company has a 50 day moving average of $16.84 and a 200 day moving average of $15.31.

Healthcare Services Group (NASDAQ:HCSG) last posted its earnings results on Wednesday, October 22nd. The business services provider reported $0.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.21 by $0.02. Healthcare Services Group had a return on equity of 12.23% and a net margin of 2.20%.The firm had revenue of $464.34 million for the quarter, compared to the consensus estimate of $460.36 million. During the same quarter in the prior year, the business posted $0.19 earnings per share. The business’s quarterly revenue was up 8.5% on a year-over-year basis. Healthcare Services Group has set its Q4 2025 guidance at EPS. Research analysts forecast that Healthcare Services Group, Inc. will post 0.74 earnings per share for the current fiscal year.

About Healthcare Services Group

Healthcare Services Group, Inc provides management, administrative, and operating services to the housekeeping, laundry, linen, facility maintenance, and dietary service departments of nursing homes, retirement complexes, rehabilitation centers, and hospitals in the United States. It operates through two segments, Housekeeping and Dietary.