Simplex Trading adds Almost Family Inc (AFAM) to its portfolio

Almost Family Inc (AFAM) : Simplex Trading added new position in Almost Family Inc during the most recent quarter end. The investment management firm now holds 7,308 shares of Almost Family Inc which is valued at $271,127 , the company said in a statement filed on Oct 7, 2016 with the SEC.Almost Family Inc makes up approximately 0.04% of Simplex Trading’s portfolio.

Other Hedge Funds, Including , Bnp Paribas Arbitrage Sa reduced its stake in AFAM by selling 1,510 shares or 56.47% in the most recent quarter. The Hedge Fund company now holds 1,164 shares of AFAM which is valued at $43,848.

Almost Family Inc opened for trading at $37.05 and hit $37.21 on the upside on Friday, eventually ending the session at $37.1, with a gain of 0.24% or 0.09 points. The heightened volatility saw the trading volume jump to 72,553 shares. Company has a market cap of $385 M.

On the company’s financial health, Almost Family Inc reported $0.61 EPS for the quarter, missing the analyst consensus estimate by $ -0.03 based on the information available during the earnings call on Aug 3, 2016. Analyst had a consensus of $0.64. The company had revenue of $155.99 million for the quarter, compared to analysts expectations of $155.18 million. The company’s revenue was up 22.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.52 EPS.

Almost Family Inc. along with its subsidiaries is a provider of home health services. The Company has two divisions Home Health Care and Healthcare Innovations. The Home Health Care division consists of two segments: Visiting Nurse Services (VN or Visiting Nurse) and Personal Care Services (PC or Personal Care). Healthcare Innovations is also a segment. The VN segment provides a range of home health nursing services to patients in need of recuperative care typically following a period of hospitalization or care in an inpatient facility. The PC segment provides services in patients’ homes primarily on an as-needed hourly basis. The Company’s Healthcare Innovations segment includes its developmental activities outside its traditional home health business platform. The Company has service locations in Florida Tennessee Ohio Kentucky Connecticut New Jersey Massachusetts Indiana Illinois Pennsylvania Georgia Missouri New York Mississippi and Alabama.

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