First Eagle Investment Management LLC Increases Stake in Viemed Healthcare, Inc. (NASDAQ:VMD)

First Eagle Investment Management LLC increased its holdings in Viemed Healthcare, Inc. (NASDAQ:VMD) by 196.5% in the fourth quarter, Holdings Channel.com reports. The firm owned 328,824 shares of the company’s stock after acquiring an additional 217,923 shares during the period. First Eagle Investment Management LLC’s holdings in Viemed Healthcare were worth $2,637,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the business. National Bank of Canada FI boosted its position in Viemed Healthcare by 91.2% during the 3rd quarter. National Bank of Canada FI now owns 3,346 shares of the company’s stock valued at $25,000 after buying an additional 1,596 shares during the period. R Squared Ltd purchased a new stake in Viemed Healthcare during the 4th quarter valued at $41,000. PDT Partners LLC purchased a new stake in Viemed Healthcare during the 3rd quarter valued at $78,000. Walleye Capital LLC purchased a new stake in Viemed Healthcare during the 3rd quarter valued at $87,000. Finally, BBR Partners LLC purchased a new stake in shares of Viemed Healthcare in the 3rd quarter worth about $110,000. Hedge funds and other institutional investors own 74.24% of the company’s stock.

Viemed Healthcare Trading Down 1.8 %

NASDAQ:VMD opened at $7.57 on Friday. The company has a 50-day moving average price of $7.97 and a 200-day moving average price of $8.20. Viemed Healthcare, Inc. has a 12 month low of $6.21 and a 12 month high of $9.85. The company has a current ratio of 1.31, a quick ratio of 1.19 and a debt-to-equity ratio of 0.03. The stock has a market cap of $299.18 million, a price-to-earnings ratio of 28.04 and a beta of 1.50.

About Viemed Healthcare

Viemed Healthcare, Inc, together with its subsidiaries, provides home medical equipment (HME) and post-acute respiratory healthcare services to patients in the United States. It provides respiratory disease management solutions, including treatment of chronic obstructive pulmonary disease (COPD), which include non-invasive ventilation, percussion vests, and other therapies; and invasive and non-invasive ventilation and related equipment and supplies to patients suffering from COPD.