Creative Planning Has $163000 Position in HealthEquity, Inc. (HQY)

(NASDAQ:HQY) from a hold rating to a buy rating in a research report report published on Wednesday, July 12th. They set an "overweight" rating and a $50.00 target price on the stock. The Firm is engaged in technology-enabled services platforms that allow clients to make healthcare saving and spending decisions. The Business'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 help in their tax-advantaged healthcare savings. Healthequity Inc (NASDAQ:HQY) has risen 95.58% since August 10, 2016 and is uptrending.

HQY has been the subject of a number of research analyst reports. JP Morgan reinitiated the stock with "Overweight" rating in Friday, October 28 report. Zacks Investment Research's EPS calculations are an average based on a survey of sell-side research analysts that that provide coverage for HealthEquity. Chardan Capital boosted their price objective on shares of HealthEquity from $53.00 to $57.00 and gave the stock a buy rating in a report on Wednesday, June 7th. Finally, Oppenheimer Holdings, Inc. reiterated an "outperform" rating and issued a $61.00 price objective (up from $57.00) on shares of HealthEquity in a research note on Monday, June 12th. One analyst has rated the stock with a sell rating, two have given a hold rating and eleven have assigned a buy rating to the company's stock. The company presently has an average rating of "Buy" and a consensus price target of $50.22. (NASDAQ:HQY) will post earnings per share (EPS) of $0.14 for the current fiscal quarter, Zacks reports. The stock has a market capitalization of $2.69 billion, a price-to-earnings ratio of 84.45 and a beta of 1.73. The firm has a 50 day moving average price of $48.74 and a 200 day moving average price of $46.12. HealthEquity Inc has $5700 highest and $27 lowest target.

HealthEquity (NASDAQ:HQY) last posted its earnings results on Tuesday, June 6th. The company reported $0.19 EPS for the quarter, beating analysts' consensus estimates of $0.16 by $0.03. HealthEquity had a return on equity of 11.61% and a net margin of 17.04%. The company had revenue of $55.40 million for the quarter, compared to analyst estimates of $54.77 million. Next quarter's EPS is expected be $0.13 and the next full year EPS is projected to be $0.70. The firm's revenue was up 25.9% compared to the same quarter a year ago.

WARNING: "Oppenheimer Asset Management Inc. (NASDAQ:HQY) This Quarter" was first published by Community Financial News and is the sole property of of Community Financial News. If you are viewing this story on another site, it was illegally copied and republished in violation of US and global copyright & trademark legislation. The original version of this article can be read at Kornitzer Capital Management Inc sold 201,735 shares as Healthequity Inc (HQY)'s stock rose 4.44%. The shares were sold at an average price of $47.81, for a total transaction of $478,100.00. Also, Director Frank Medici sold 537,102 shares of the company's stock in a transaction on Friday, July 14th. (NASDAQ:HQY) recently. Stephen Neeleman, Founder and Vice Chairman disclosed the sale of 8,500 shares. About 435,243 shares traded or 3.72% up from the average. Oppenheimer Asset Management Inc. increased its position in HealthEquity by 7.7% in the second quarter. FMR LLC now owns 1,248,441 shares of the company's stock worth $50,587,000 after buying an additional 680,671 shares during the period. Vanguard Group Inc. increased its position in shares of HealthEquity by 6.2% in the first quarter. The Nicholas Investment Partners Lp holds 154,851 shares with $6.27 million value, up from 120,633 last quarter. Columbus Circle Investors bought a new stake in HealthEquity during the first quarter valued at about $461,000. It is the same, as 29 investors sold Autoliv Inc. shares while 78 reduced holdings. only 23 funds opened positions while 69 raised stakes. NBW Capital LLC boosted its stake in HealthEquity by 86.0% in the first quarter. The value of the company's investment in HealthEquity, Inc. went from $18,252,000 to $22,449,000 a change of $4,197,000 quarter to quarter. Neuburgh Advisers LLC boosted its stake in shares of HealthEquity by 0.4% in the first quarter. Teachers Retirement System of The State of Kentucky now owns 13,600 shares of the company's stock valued at $551,000 after buying an additional 1,600 shares during the last quarter.

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