Healthcare Services GroupHCSG
About: Healthcare Services Group Inc is a provider of housekeeping and facility management services to the healthcare industry. The company operates two business segments, both contributing roughly equally to the company's revenue: Housekeeping, laundry, linen, and other services; and Dietary department services. Housekeeping includes management of clients' housekeeping departments, cleaning, disinfecting and sanitizing, laundry, bed linen, and uniform services. Dietary consists of food purchasing, meal preparation, and providing dietitian consulting services. Its clients are nursing homes, retirement complexes, rehabilitation centers, and hospitals in the United States of America.
Employees: 33,400
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
5% more capital invested
Capital invested by funds: $783M [Q2] → $820M (+$36.5M) [Q3]
4% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 27
0% more funds holding
Funds holding: 201 [Q2] → 202 (+1) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]
0.82% less ownership
Funds ownership: 100.54% [Q2] → 99.72% (-0.82%) [Q3]
18% less repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 82
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Benchmark Bill Sutherland 69% 1-year accuracy 33 / 48 met price target | 50%upside $17 | Buy Reiterated | 19 Dec 2024 |
Macquarie Tao Qiu 33% 1-year accuracy 5 / 15 met price target | 15%upside $13 | Neutral Initiated | 16 Dec 2024 |
Baird Andrew Wittmann 81% 1-year accuracy 26 / 32 met price target | 6%upside $12 | Neutral Maintained | 24 Oct 2024 |