Principal Financial Group Inc. Sells 4,176 Shares of Nutex Health Inc. $NUTX

Principal Financial Group Inc. decreased its stake in Nutex Health Inc. (NASDAQ:NUTX) by 28.3% in the first quarter, Holdings Channel.com reports. The firm owned 10,577 shares of the company’s stock after selling 4,176 shares during the period. Principal Financial Group Inc.’s holdings in Nutex Health were worth $1,005,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Topline Capital Management LLC raised its holdings in Nutex Health by 72.0% during the 2nd quarter. Topline Capital Management LLC now owns 309,131 shares of the company’s stock valued at $38,484,000 after buying an additional 129,418 shares during the period. Millennium Management LLC lifted its position in Nutex Health by 191.1% in the third quarter. Millennium Management LLC now owns 93,396 shares of the company’s stock worth $9,650,000 after buying an additional 61,308 shares during the last quarter. Pertento Partners LLP boosted its stake in Nutex Health by 20.0% during the fourth quarter. Pertento Partners LLP now owns 324,422 shares of the company’s stock worth $53,406,000 after buying an additional 54,001 shares during the period. SG Americas Securities LLC boosted its stake in Nutex Health by 3,232.6% during the first quarter. SG Americas Securities LLC now owns 30,360 shares of the company’s stock worth $2,885,000 after buying an additional 29,449 shares during the period. Finally, Vanguard Group Inc. boosted its stake in Nutex Health by 12.7% during the third quarter. Vanguard Group Inc. now owns 214,954 shares of the company’s stock worth $22,209,000 after buying an additional 24,275 shares during the period. Institutional investors own 5.32% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the stock. Weiss Ratings raised shares of Nutex Health from a “hold (c)” rating to a “hold (c+)” rating in a research note on Tuesday. B. Riley Financial assumed coverage on shares of Nutex Health in a research note on Friday, June 26th. They set a “buy” rating and a $290.00 price target for the company. Lake Street Capital began coverage on shares of Nutex Health in a report on Tuesday, June 2nd. They set a “buy” rating and a $235.00 price target on the stock. Wall Street Zen downgraded shares of Nutex Health from a “strong-buy” rating to a “buy” rating in a report on Monday, July 20th. Finally, Zacks Research raised shares of Nutex Health to a “hold” rating in a research report on Monday, June 29th. Three research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $243.33.

Nutex Health Price Performance

NUTX opened at $147.43 on Friday. The business has a fifty day moving average of $154.02 and a 200 day moving average of $129.58. Nutex Health Inc. has a 52-week low of $77.21 and a 52-week high of $204.00. The company has a quick ratio of 3.12, a current ratio of 3.14 and a debt-to-equity ratio of 0.66. The stock has a market cap of $1.01 billion, a P/E ratio of 11.39 and a beta of 0.21.

Nutex Health (NASDAQ:NUTX) last announced its quarterly earnings data on Thursday, April 30th. The company reported $6.52 EPS for the quarter, beating the consensus estimate of $3.99 by $2.53. Nutex Health had a return on equity of 23.50% and a net margin of 10.95%.The company had revenue of $216.49 million for the quarter, compared to the consensus estimate of $227.80 million. As a group, sell-side analysts anticipate that Nutex Health Inc. will post 22.72 EPS for the current year.

Nutex Health Profile

Nutex Health, Inc (NASDAQ: NUTX) is an integrated outpatient healthcare services company based in San Antonio, Texas. The company focuses on delivering a range of ambulatory care solutions, including urgent care, telemedicine, medical imaging, teleradiology, weight‐loss services and behavioral health support. By combining in‐person clinics with virtual care capabilities, Nutex Health aims to provide patients with accessible, cost‐effective treatment options outside traditional hospital settings.

The company’s urgent care network operates through both standalone and retail‐anchored centers, offering treatment for non‐life‐threatening injuries and illnesses, preventive screenings and basic primary care.