Walleye Capital LLC Sells 11,695 Shares of BrightSpring Health Services, Inc. (NASDAQ:BTSG)

Walleye Capital LLC decreased its position in BrightSpring Health Services, Inc. (NASDAQ:BTSG) by 7.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 155,417 shares of the company’s stock after selling 11,695 shares during the period. Walleye Capital LLC owned approximately 0.09% of BrightSpring Health Services worth $2,647,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. State Street Corp increased its position in BrightSpring Health Services by 7.4% in the third quarter. State Street Corp now owns 1,239,628 shares of the company’s stock worth $18,198,000 after buying an additional 85,464 shares during the last quarter. Barclays PLC grew its holdings in BrightSpring Health Services by 22.2% during the 3rd quarter. Barclays PLC now owns 393,725 shares of the company’s stock valued at $5,780,000 after buying an additional 71,633 shares in the last quarter. Geode Capital Management LLC grew its stake in BrightSpring Health Services by 0.6% during the third quarter. Geode Capital Management LLC now owns 1,304,214 shares of the company’s stock valued at $19,150,000 after acquiring an additional 7,750 shares in the last quarter. Virtu Financial LLC bought a new position in BrightSpring Health Services in the 3rd quarter valued at $522,000. Finally, JPMorgan Chase & Co. boosted its stake in BrightSpring Health Services by 275.2% during the third quarter. JPMorgan Chase & Co. now owns 163,618 shares of the company’s stock valued at $2,402,000 after buying an additional 120,005 shares during the period.

BrightSpring Health Services Price Performance

Shares of BrightSpring Health Services stock opened at $16.60 on Friday. The company has a debt-to-equity ratio of 1.63, a current ratio of 1.35 and a quick ratio of 0.97. BrightSpring Health Services, Inc. has a one year low of $10.15 and a one year high of $24.82. The business’s 50 day simple moving average is $18.47 and its two-hundred day simple moving average is $18.32. The stock has a market capitalization of $2.90 billion, a P/E ratio of -63.85 and a beta of 2.02.

Analyst Ratings Changes

Separately, UBS Group boosted their price target on shares of BrightSpring Health Services from $22.00 to $30.00 and gave the stock a “buy” rating in a research note on Wednesday, January 29th. One investment analyst has rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $21.67.

BrightSpring Health Services Company 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.