XTX Topco Ltd Acquires Shares of 23,214 BrightSpring Health Services, Inc. (NASDAQ:BTSG)

XTX Topco Ltd bought a new position in BrightSpring Health Services, Inc. (NASDAQ:BTSG - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 23,214 shares of the company's stock, valued at approximately $395,000.

A number of other large investors have also made changes to their positions in BTSG. Rhumbline Advisers grew its position in BrightSpring Health Services by 1.5% during the 4th quarter. Rhumbline Advisers now owns 73,583 shares of the company's stock worth $1,253,000 after purchasing an additional 1,118 shares in the last quarter. Legal & General Group Plc raised its position in BrightSpring Health Services by 4.8% during the fourth quarter. Legal & General Group Plc now owns 64,631 shares of the company's stock valued at $1,101,000 after buying an additional 2,945 shares during the period. R Squared Ltd purchased a new stake in BrightSpring Health Services in the 4th quarter worth about $74,000. Geode Capital Management LLC boosted its position in BrightSpring Health Services by 0.5% during the 4th quarter. Geode Capital Management LLC now owns 1,311,204 shares of the company's stock worth $22,335,000 after acquiring an additional 6,990 shares during the period. Finally, American Century Companies Inc. grew its stake in BrightSpring Health Services by 8.8% during the 4th quarter. American Century Companies Inc. now owns 92,893 shares of the company's stock valued at $1,582,000 after acquiring an additional 7,505 shares in the last quarter.

BrightSpring Health Services Stock Performance

BTSG stock opened at $16.09 on Wednesday. The firm has a 50 day moving average of $18.13 and a two-hundred day moving average of $18.37. BrightSpring Health Services, Inc. has a 12 month low of $10.15 and a 12 month high of $24.82. The company has a market capitalization of $2.82 billion, a price-to-earnings ratio of -61.88 and a beta of 2.02. The company has a quick ratio of 0.97, a current ratio of 1.35 and a debt-to-equity ratio of 1.63.

Wall Street Analyst Weigh In

Separately, UBS Group raised their price target on shares of BrightSpring Health Services from $22.00 to $30.00 and gave the stock a "buy" rating in a report on Wednesday, January 29th. One investment analyst has rated the stock with a hold rating and nine have issued a buy rating to the company. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $21.67.

BrightSpring Health Services Profile

BrightSpring Health Services, Inc operates a home and community-based healthcare services platform in the United States. The company's platform focuses on delivering pharmacy and provider services, including clinical and supportive care in home and community settings to Medicare, Medicaid, and insured populations.

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