Legato Capital Management LLC Has $1 Million Holdings in Nutex Health Inc. (NASDAQ:NUTX)

Legato Capital Management LLC increased its stake in Nutex Health Inc. (NASDAQ:NUTX - Free Report) by 26.8% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 31,669 shares of the company's stock after purchasing an additional 6,697 shares during the quarter. Legato Capital Management LLC owned approximately 0.58% of Nutex Health worth $1,004,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in NUTX. International Assets Investment Management LLC bought a new stake in Nutex Health during the third quarter valued at about $188,000. Thompson Davis & CO. Inc. bought a new stake in Nutex Health during the 3rd quarter valued at approximately $494,000. State Street Corp bought a new stake in Nutex Health during the 3rd quarter valued at approximately $225,000. Beaird Harris Wealth Management LLC acquired a new stake in Nutex Health in the 3rd quarter valued at approximately $69,000. Finally, Drive Wealth Management LLC bought a new position in Nutex Health in the 4th quarter worth approximately $1,122,000. Institutional investors own 5.32% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the company. Maxim Group increased their price objective on Nutex Health from $50.00 to $75.00 and gave the company a "buy" rating in a research report on Thursday. Benchmark increased their price target on shares of Nutex Health from $45.00 to $60.00 and gave the company a "buy" rating in a report on Tuesday, November 12th.

Nutex Health Stock Performance

NUTX stock traded down $1.30 during trading on Monday, reaching $66.06. 36,755 shares of the stock were exchanged, compared to its average volume of 42,467. The stock has a 50 day simple moving average of $40.18 and a 200-day simple moving average of $29.45. The company has a current ratio of 1.77, a quick ratio of 1.74 and a debt-to-equity ratio of 3.36. The company has a market capitalization of $359.17 million, a P/E ratio of -7.04 and a beta of 0.20. Nutex Health Inc. has a twelve month low of $4.16 and a twelve month high of $69.45.

Nutex Health Profile

Nutex Health Inc operates as a physician-led, healthcare services, and operations company. It operates through three segments: Hospital, Population Health Management (PHM), and Real Estate. The PHM segment establishes and operates independent physician associations; and offers a cloud-based platform for healthcare organizations to provide value-based care and population health management.