Fcm Investmentstx buys $2,991,030 stake in Healthequity Inc (HQY)

Healthequity Inc (HQY) : Fcm Investmentstx scooped up 37,001 additional shares in Healthequity Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 20, 2016. The investment management firm now holds a total of 99,701 shares of Healthequity Inc which is valued at $2,991,030.Healthequity Inc makes up approximately 1.72% of Fcm Investmentstx’s portfolio.

Other Hedge Funds, Including , Anderson Hoagland Co reduced its stake in HQY by selling 44,545 shares or 39.46% in the most recent quarter. The Hedge Fund company now holds 68,350 shares of HQY which is valued at $2,064,170. Healthequity Inc makes up approx 1.26% of Anderson Hoagland Co’s portfolio. Arcadia Investment Management Corpmi added HQY to its portfolio by purchasing 1,384 company shares during the most recent quarter which is valued at $42,157. Healthequity Inc makes up approx 0.01% of Arcadia Investment Management Corpmi’s portfolio.Capstone Asset Management Co boosted its stake in HQY in the latest quarter, The investment management firm added 480 additional shares and now holds a total of 10,700 shares of Healthequity Inc which is valued at $324,210. Healthequity Inc makes up approx 0.01% of Capstone Asset Management Co’s portfolio. Creative Planning added HQY to its portfolio by purchasing 10 company shares during the most recent quarter which is valued at $303. Cutler Group Lp sold out all of its stake in HQY during the most recent quarter. The investment firm sold 220 shares of HQY which is valued $6,666.

Healthequity Inc opened for trading at $30.37 and hit $30.66 on the upside on Wednesday, eventually ending the session at $30.2, with a gain of 0.07% or 0.02 points. The heightened volatility saw the trading volume jump to 1,82,686 shares. Company has a market cap of $1,754 M.

On the company’s financial health, Healthequity Inc reported $0.15 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on Jun 7, 2016. Analyst had a consensus of $0.13. The company had revenue of $44.01 million for the quarter, compared to analysts expectations of $41.92 million. The company’s revenue was up 47.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.10 EPS.

HealthEquity Inc. is a provider of a range of solutions for managing health care accounts (Health Savings Accounts (HSAs)) Health Reimbursement Arrangements (HRAs) and Flexible Spending Accounts (FSAs)) for health plans insurance companies and third-party administrators. The Company is engaged in technology-enabled services platforms that allow consumers to make healthcare saving and spending decisions. The Company’s platform provides an ecosystem where consumers can access their tax-advantaged healthcare savings compare treatment options and pricing evaluate and pay healthcare bills receive personalized benefit and clinical information earn wellness incentives and make educated investment choices to grow their tax-advantaged healthcare savings. The Company’s products and services include healthcare saving and spending platform health savings accounts investment advisory services reimbursement arrangements and healthcare incentives.

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