Calamos Advisors LLC Sells 1,421 Shares of BrightSpring Health Services, Inc. $BTSGU

Calamos Advisors LLC lessened its holdings in BrightSpring Health Services, Inc. (NASDAQ:BTSGU) by 0.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 300,990 shares of the company’s stock after selling 1,421 shares during the quarter. Calamos Advisors LLC’s holdings in BrightSpring Health Services were worth $24,847,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Bank of Montreal Can acquired a new stake in shares of BrightSpring Health Services during the 2nd quarter valued at about $99,696,000. Wolverine Asset Management LLC grew its stake in shares of BrightSpring Health Services by 92.5% in the 2nd quarter. Wolverine Asset Management LLC now owns 435,663 shares of the company’s stock valued at $35,969,000 after purchasing an additional 209,297 shares during the period. Aequim Alternative Investments LP lifted its position in shares of BrightSpring Health Services by 13.2% during the 2nd quarter. Aequim Alternative Investments LP now owns 1,290,000 shares of the company’s stock worth $106,490,000 after buying an additional 150,000 shares during the period. Goldman Sachs Group Inc. acquired a new stake in BrightSpring Health Services in the 1st quarter valued at $3,575,000. Finally, Voya Investment Management LLC raised its stake in BrightSpring Health Services by 12.7% during the first quarter. Voya Investment Management LLC now owns 310,000 shares of the company’s stock worth $20,150,000 after acquiring an additional 35,000 shares in the last quarter.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “hold (c-)” rating on shares of BrightSpring Health Services in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company has an average rating of “Hold”.

BrightSpring Health Services Trading Up 0.9%

Shares of NASDAQ BTSGU opened at $115.03 on Thursday. BrightSpring Health Services, Inc. has a 12-month low of $56.77 and a 12-month high of $116.44. The firm’s 50-day simple moving average is $101.76 and its 200 day simple moving average is $85.89.

BrightSpring Health Services (NASDAQ:BTSGU) last announced its earnings results on Thursday, May 2nd. The company reported ($0.10) earnings per share for the quarter. The business had revenue of $2.03 billion for the quarter.

BrightSpring Health Services Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Saturday, November 1st. Stockholders of record on Wednesday, October 15th were paid a $0.8438 dividend. This is an increase from BrightSpring Health Services’s previous quarterly dividend of $0.84. The ex-dividend date of this dividend was Wednesday, October 15th. This represents a $3.38 annualized dividend and a dividend yield of 2.9%.

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.