Healthcare Services Group Inc (HCSG) Files Form 4 Insider Selling : Robert L Frome Sells 3,365 Shares

Healthcare Services Group Inc (HCSG): Robert L Frome , director of Healthcare Services Group Inc sold 3,365 shares on Jul 19, 2016. The Insider selling transaction was reported by the company on Jul 20, 2016 to the Securities and Exchange Commission. The shares were sold at $38.10 per share for a total value of $128,206.50 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 13, 2016, Robert J Moss (director) sold 7,485 shares at $40.00 per share price.On Jun 7, 2016, John Briggs (director) sold 3,700 shares at $39.25 per share price.Also, On Jun 6, 2016, Daniel P Mccartney (director) sold 100,000 shares at $39.39 per share price.On May 27, 2016, Dino D Ottaviano (director) sold 1,000 shares at $38.79 per share price.

Shares of Healthcare Services Group (HCSG) ended Monday, Jul 18, 2016 session in red amid volatile trading. The shares closed down -0.67 points or -1.73% at $37.98 with 4,72,619 shares getting traded. Post opening the session at $38.59, the shares hit an intraday low of $37.91 and an intraday high of $38.9231 and the price vacillated in this range throughout the day. The company has a market cap of $2,748 M and the number of outstanding shares has been calculated to be 7,23,63,000 shares. The 52-week high of Healthcare Services Group is $42.18 and the 52-week low is $31.5.

Healthcare Services Group Money Flow Index Chart

On Jul 12, 2016, Healthcare Services Group announced a cash dividend of $0.1837. The company’s management has announced Aug 17, 2016 as the ex-dividend date and fixed the record date on Aug 19, 2016. The payable date has been fixed on Sep 23, 2016.

Healthcare Services Group Inc. provides management administrative and operating services to the housekeeping laundry linen facility maintenance and dietary service departments of the health care industry. The Company caters to nursing homes retirement complexes rehabilitation centers and hospitals located in the United States. The Company operates its business in two segments: Housekeeping and Dietary. The Housekeeping segment includes housekeeping laundry and linen. Housekeeping segment also includes laundering and processing the bed linens uniforms and other assorted linen items utilized by a client facility. The Dietary segment includes dietary department services. Dietary consists of managing the client’s dietary department which is principally responsible for food purchasing meal preparation and providing professional dietitian consulting services which includes the development of a menu that meets a patient’s dietary needs.

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