Nisa Investment Advisors LLC Buys 22,267 Shares of Healthequity Inc (HQY)

Nisa Investment Advisors LLC grew its stake in Healthequity Inc (NASDAQ:HQY) by 10,121.4% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 22,487 shares of the company’s stock after purchasing an additional 22,267 shares during the period. Nisa Investment Advisors LLC’s holdings in Healthequity were worth $2,123,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Cerebellum GP LLC acquired a new position in shares of Healthequity during the 3rd quarter worth approximately $185,000. Jaffetilchin Investment Partners LLC acquired a new position in shares of Healthequity during the 3rd quarter worth approximately $235,000. Barometer Capital Management Inc. acquired a new position in shares of Healthequity during the 3rd quarter worth approximately $8,166,000. United Services Automobile Association raised its stake in shares of Healthequity by 7.1% during the 2nd quarter. United Services Automobile Association now owns 8,298 shares of the company’s stock worth $623,000 after buying an additional 548 shares during the period. Finally, Northern Trust Corp raised its stake in shares of Healthequity by 4.6% during the 2nd quarter. Northern Trust Corp now owns 694,666 shares of the company’s stock worth $52,169,000 after buying an additional 30,581 shares during the period. Institutional investors and hedge funds own 96.62% of the company’s stock.

In other Healthequity news, VP Darcy G. Mott sold 4,000 shares of the firm’s stock in a transaction on Monday, August 20th. The stock was sold at an average price of $86.37, for a total value of $345,480.00. Following the completion of the sale, the vice president now directly owns 99,200 shares of the company’s stock, valued at approximately $8,567,904. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders sold a total of 12,000 shares of company stock valued at $1,065,240 over the last ninety days. Corporate insiders own 4.00% of the company’s stock.



HQY has been the subject of several recent research reports. SunTrust Banks increased their price objective on Healthequity to $105.00 and gave the company a “buy” rating in a research note on Wednesday, September 5th. Citigroup reissued a “buy” rating and issued a $110.00 price objective on shares of Healthequity in a research note on Wednesday, September 5th. KeyCorp increased their price objective on Healthequity from $82.00 to $90.00 and gave the company a “buy” rating in a research note on Thursday, July 19th. BidaskClub downgraded Healthequity from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, October 9th. Finally, Zacks Investment Research raised Healthequity from a “sell” rating to a “hold” rating in a research note on Tuesday, August 7th. Four equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company’s stock. Healthequity has a consensus rating of “Buy” and an average target price of $93.08.

NASDAQ HQY opened at $85.31 on Friday. Healthequity Inc has a one year low of $42.92 and a one year high of $99.99. The firm has a market capitalization of $5.43 billion, a P/E ratio of 157.98, a PEG ratio of 3.04 and a beta of 1.47.

Healthequity (NASDAQ:HQY) last posted its quarterly earnings data on Tuesday, September 4th. The company reported $0.34 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.22 by $0.12. Healthequity had a return on equity of 12.58% and a net margin of 23.81%. The firm had revenue of $71.10 million during the quarter, compared to the consensus estimate of $69.84 million. During the same period in the prior year, the company earned $0.27 EPS. The firm’s revenue was up 25.0% compared to the same quarter last year. Equities analysts predict that Healthequity Inc will post 0.87 earnings per share for the current year.

Healthequity Company Profile

HealthEquity, Inc provides various solutions for managing health care accounts, health reimbursement arrangements, and flexible spending accounts for health plans, insurance companies, and third-party administrators in the United States. The company offers healthcare saving and spending platform, a cloud-based platform for individuals to make health saving and spending decisions, pay healthcare bills, compare treatment options and prices, receive personalized benefit and clinical information, earn wellness incentives, grow their savings, and make investment choices; and health savings accounts.

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Institutional Ownership by Quarter for Healthequity (NASDAQ:HQY)

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