Wed Sep 25 07:19:12 UTC 2024: ## Victory Capital Management Increases Stake in Viemed Healthcare
**September 25, 2024** – Victory Capital Management Inc. has increased its stake in Viemed Healthcare, Inc. (NASDAQ:VMD) by 21.1% during the second quarter, according to the company’s recent SEC filing. The institutional investor now owns 12,791 shares of the company’s stock, valued at $84,000.
This move follows a trend of institutional investors showing interest in Viemed Healthcare. Other notable investors include Vanguard Group Inc., which raised its holdings by 53.0% in the first quarter, now owning 1,781,914 shares worth $16,803,000. Sage Rock Capital Management LP also increased its stake by 14.1% in the fourth quarter, while Russell Investments Group Ltd. raised its stake by 5.3% in the first quarter.
Viemed Healthcare, a leading provider of home medical equipment and post-acute respiratory healthcare services in the U.S., has seen its stock open at $7.25 on Wednesday. The company boasts a market capitalization of $281.45 million, a P/E ratio of 27.88, and a beta of 1.47.
The company’s financial health appears strong, with a debt-to-equity ratio of 0.07, a current ratio of 1.43, and a quick ratio of 1.29.
Overall, the recent increase in institutional investment in Viemed Healthcare suggests growing confidence in the company’s future prospects. This could be attributed to its strong financial position and its leading role in the home medical equipment and respiratory healthcare services market.
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