Fort Washington Investment Advisors Inc. OH Acquires 587,610 Shares of Waystar Holding Corp. $WAY

Fort Washington Investment Advisors Inc. OH boosted its holdings in shares of Waystar Holding Corp. (NASDAQ:WAY) by 91.7% in the first quarter, according to its most recent filing with the SEC. The firm owned 1,228,420 shares of the company’s stock after acquiring an additional 587,610 shares during the period. Fort Washington Investment Advisors Inc. OH’s holdings in Waystar were worth $29,617,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in WAY. Smartleaf Asset Management LLC boosted its position in shares of Waystar by 6,005.3% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,160 shares of the company’s stock worth $38,000 after purchasing an additional 1,141 shares during the last quarter. Danske Bank A S bought a new stake in Waystar in the fourth quarter valued at about $52,000. EverSource Wealth Advisors LLC lifted its stake in Waystar by 3,219.0% in the second quarter. EverSource Wealth Advisors LLC now owns 1,394 shares of the company’s stock valued at $57,000 after buying an additional 1,352 shares during the period. GAMMA Investing LLC lifted its stake in Waystar by 613.4% in the fourth quarter. GAMMA Investing LLC now owns 1,762 shares of the company’s stock valued at $58,000 after buying an additional 1,515 shares during the period. Finally, OP Asset Management Ltd bought a new position in Waystar during the first quarter worth about $58,000.

Waystar Stock Performance

WAY stock opened at $19.90 on Monday. Waystar Holding Corp. has a 1-year low of $17.26 and a 1-year high of $41.47. The company has a current ratio of 1.76, a quick ratio of 1.76 and a debt-to-equity ratio of 0.37. The firm has a market cap of $3.82 billion, a PE ratio of 29.70, a P/E/G ratio of 0.78 and a beta of 0.11. The business’s 50-day moving average price is $20.61 and its two-hundred day moving average price is $24.93.

Waystar (NASDAQ:WAY) last announced its quarterly earnings results on Wednesday, April 29th. The company reported $0.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.39 by $0.03. The company had revenue of $313.87 million during the quarter, compared to the consensus estimate of $311.74 million. Waystar had a return on equity of 6.99% and a net margin of 10.90%.The company’s revenue for the quarter was up 22.4% compared to the same quarter last year. During the same period in the prior year, the company earned $0.32 earnings per share. Waystar has set its FY 2026 guidance at 1.590-1.680 EPS. As a group, research analysts forecast that Waystar Holding Corp. will post 1.46 earnings per share for the current year.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. Deutsche Bank Aktiengesellschaft decreased their target price on Waystar from $42.00 to $37.00 and set a “buy” rating for the company in a research report on Thursday, March 12th. UBS Group cut their price target on shares of Waystar from $41.00 to $37.00 and set a “buy” rating on the stock in a research report on Thursday, April 30th. Wall Street Zen lowered shares of Waystar from a “buy” rating to a “hold” rating in a research note on Sunday, May 24th. Citigroup decreased their price objective on shares of Waystar from $35.00 to $30.00 and set a “buy” rating for the company in a report on Tuesday, May 5th. Finally, JPMorgan Chase & Co. lowered their target price on shares of Waystar from $40.00 to $38.00 and set an “overweight” rating for the company in a research note on Thursday, April 30th. Three analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $35.62.

About Waystar

Waystar (NASDAQ:WAY) is a leading provider of cloud-based revenue cycle management and payment solutions for healthcare organizations. The company’s unified platform streamlines the entire financial continuum of patient care, from eligibility verification and claim submission to payment reconciliation and patient billing. By automating key processes and improving claim accuracy, Waystar helps providers reduce administrative overhead, accelerate cash flow and enhance overall revenue performance.

At the core of Waystar’s offering is a SaaS-based architecture that integrates seamlessly with existing electronic health record (EHR) systems and payer networks.