Healthcare Services Group, Inc. $HCSG Shares Sold by Texas Permanent School Fund Corp

Texas Permanent School Fund Corp reduced its stake in Healthcare Services Group, Inc. (NASDAQ:HCSG - Free Report) by 67.6% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 57,154 shares of the business services provider's stock after selling 119,222 shares during the period. Texas Permanent School Fund Corp owned 0.08% of Healthcare Services Group worth $859,000 as of its most recent SEC filing.Cigna Considers Humana Acquisition – What It Means for the StocksOther institutional investors also recently made changes to their positions in the company. Squarepoint Ops LLC lifted its holdings in shares of Healthcare Services Group by 165.5% in the 2nd quarter. Squarepoint Ops LLC now owns 136,273 shares of the business services provider's stock worth $2,048,000 after purchasing an additional 84,941 shares during the last quarter. State of Wyoming bought a new stake in Healthcare Services Group in the second quarter valued at $236,000. Caxton Associates LLP acquired a new position in shares of Healthcare Services Group during the second quarter valued at $163,000. Public Sector Pension Investment Board boosted its holdings in shares of Healthcare Services Group by 6.7% during the second quarter. Public Sector Pension Investment Board now owns 248,636 shares of the business services provider's stock valued at $3,737,000 after acquiring an additional 15,602 shares during the period. Finally, Tower Research Capital LLC TRC grew its position in shares of Healthcare Services Group by 600.8% during the second quarter. Tower Research Capital LLC TRC now owns 10,259 shares of the business services provider's stock worth $154,000 after acquiring an additional 8,795 shares during the last quarter. 97.97% of the stock is owned by institutional investors. Healthcare Services Group Price PerformanceNASDAQ HCSG opened at $19.64 on Friday. Healthcare Services Group, Inc. has a 12 month low of $9.13 and a 12 month high of $20.26. The firm has a market capitalization of $1.38 billion, a PE ratio of 36.37 and a beta of 0.75. The company's 50 day simple moving average is $18.37 and its 200 day simple moving average is $16.18. Is Cigna Group the Nation's Best-Run Health Insurance Company?Healthcare Services Group (NASDAQ:HCSG - Get Free Report) last issued its quarterly earnings results on Wednesday, October 22nd. The business services provider reported $0.23 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 during the quarter, compared to analyst estimates of $460.36 million. During the same period last year, the company posted $0.19 EPS. The firm's quarterly revenue was up 8.5% on a year-over-year basis. Sell-side analysts anticipate that Healthcare Services Group, Inc. will post 0.74 earnings per share for the current fiscal year. Analyst Upgrades and DowngradesHCSG has been the topic of several recent research reports. Wall Street Zen downgraded shares of Healthcare Services Group from a "strong-buy" rating to a "buy" rating in a research report on Sunday, December 14th. Zacks Research cut Healthcare Services Group from a "strong-buy" rating to a "hold" rating in a report on Tuesday, September 30th. Benchmark increased their price objective on Healthcare Services Group from $19.00 to $24.00 and gave the stock a "buy" rating in a report on Thursday, October 23rd. BMO Capital Markets began coverage on Healthcare Services Group in a research report on Thursday, November 13th. They issued a "market perform" rating and a $20.00 target price on the stock. Finally, Macquarie reaffirmed a "buy" rating on shares of Healthcare Services Group in a research note on Wednesday, November 26th. Three equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, Healthcare Services Group has a consensus rating of "Hold" and a consensus price target of $19.40.Get Our Latest Stock Analysis on HCSGHealthcare Services Group Profile (Free Report)Healthcare Services Group, Inc NASDAQ: HCSG is a leading provider of support services to healthcare facilities across the United States. The company specializes in environmental services, including housekeeping and sanitation, as well as linen and laundry management. In addition, Healthcare Services Group offers dietary and nutrition services, catering to hospitals, skilled nursing facilities, assisted living communities and other long-term care providers. Founded as a family-owned business in the late 1970s, the company completed its initial public offering in 1997.Featured StoriesFive stocks we like better than Healthcare Services GroupTurn your "dead money" into $306+ monthly (starting this month)Washington prepares for warPut $1,000 into this stock by Jan 1 [Not NVDA]The McDonald's Secret33,000% boom from weird new “AI Fuel?”This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Healthcare Services Group Right Now?Before you consider Healthcare Services Group, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. 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