Viemed Healthcare, Inc. (NASDAQ:VMD) Shares Purchased by Victory Capital Management Inc.

Victory Capital Management Inc. increased its stake in shares of Viemed Healthcare, Inc. (NASDAQ:VMD) by 21.1% during the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 12,791 shares of the company’s stock after buying an additional 2,226 shares during the quarter. Victory Capital Management Inc.’s holdings in Viemed Healthcare were worth $84,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Vanguard Group Inc. raised its holdings in shares of Viemed Healthcare by 53.0% during the 1st quarter. Vanguard Group Inc. now owns 1,781,914 shares of the company’s stock worth $16,803,000 after acquiring an additional 617,009 shares during the period. Sage Rock Capital Management LP increased its position in Viemed Healthcare by 14.1% during the fourth quarter. Sage Rock Capital Management LP now owns 52,500 shares of the company’s stock worth $412,000 after purchasing an additional 6,500 shares during the last quarter. Russell Investments Group Ltd. raised its stake in Viemed Healthcare by 5.3% during the first quarter. Russell Investments Group Ltd. now owns 146,952 shares of the company’s stock worth $1,386,000 after purchasing an additional 7,386 shares during the period. Pinnacle Wealth Planning Services Inc. acquired a new position in Viemed Healthcare in the 1st quarter valued at about $135,000. Finally, Price T Rowe Associates Inc. MD purchased a new stake in shares of Viemed Healthcare in the 1st quarter valued at approximately $97,000. Institutional investors and hedge funds own 74.24% of the company’s stock.

Viemed Healthcare Stock Down 0.8 %

Shares of NASDAQ VMD opened at $7.25 on Wednesday. Viemed Healthcare, Inc. has a 1 year low of $5.90 and a 1 year high of $10.44. The company has a market capitalization of $281.45 million, a P/E ratio of 27.88 and a beta of 1.47. The company has a 50 day simple moving average of $7.27 and a 200-day simple moving average of $7.55. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.43 and a quick ratio of 1.29.

Viemed Healthcare (NASDAQ:VMD) last posted its earnings results on Wednesday, August 7th. The company reported $0.04 EPS for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.03). The business had revenue of $54.97 million during the quarter. Viemed Healthcare had a net margin of 4.60% and a return on equity of 8.23%.

Viemed Healthcare Company Profile

Viemed Healthcare, Inc, together with its subsidiaries, provides home medical equipment (HME) and post-acute respiratory healthcare services to patients in the United States. It provides respiratory disease management solutions, including treatment of chronic obstructive pulmonary disease (COPD), which include non-invasive ventilation, percussion vests, and other therapies; and invasive and non-invasive ventilation and related equipment and supplies to patients suffering from COPD.