First Trust Advisors LP Acquires 6,874 Shares of Nutex Health Inc. $NUTX

First Trust Advisors LP grew its holdings in shares of Nutex Health Inc. (NASDAQ:NUTX) by 60.0% during the 1st quarter, Holdings Channel reports. The institutional investor owned 18,335 shares of the company’s stock after acquiring an additional 6,874 shares during the quarter. First Trust Advisors LP’s holdings in Nutex Health were worth $1,743,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the business. Topline Capital Management LLC lifted its holdings in shares of Nutex Health by 72.0% in the 2nd quarter. Topline Capital Management LLC now owns 309,131 shares of the company’s stock valued at $38,484,000 after acquiring an additional 129,418 shares during the last quarter. Millennium Management LLC increased its stake in Nutex Health by 191.1% during the third quarter. Millennium Management LLC now owns 93,396 shares of the company’s stock worth $9,650,000 after acquiring an additional 61,308 shares during the last quarter. Pertento Partners LLP raised its position in Nutex Health by 20.0% during the fourth quarter. Pertento Partners LLP now owns 324,422 shares of the company’s stock valued at $53,406,000 after purchasing an additional 54,001 shares during the period. SG Americas Securities LLC raised its position 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 valued at $2,885,000 after purchasing an additional 29,449 shares during the period. Finally, Vanguard Group Inc. lifted its stake in shares of Nutex Health by 12.7% in the 3rd quarter. Vanguard Group Inc. now owns 214,954 shares of the company’s stock valued at $22,209,000 after purchasing an additional 24,275 shares during the last quarter. 5.32% of the stock is currently owned by hedge funds and other institutional investors.

Nutex Health Stock Performance

Nutex Health stock opened at $162.07 on Friday. The company has a debt-to-equity ratio of 0.66, a current ratio of 3.14 and a quick ratio of 3.12. Nutex Health Inc. has a 1-year low of $77.21 and a 1-year high of $204.00. The firm has a market capitalization of $1.12 billion, a P/E ratio of 6.36 and a beta of 0.24. The company’s 50-day moving average is $157.23 and its 200 day moving average is $129.20.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on NUTX shares. B. Riley Financial assumed coverage on Nutex Health in a report on Friday, June 26th. They issued a “buy” rating and a $290.00 target price for the company. Zacks Research upgraded Nutex Health to a “hold” rating in a report on Monday, June 29th. Lake Street Capital started coverage on Nutex Health in a research report on Tuesday, June 2nd. They issued a “buy” rating and a $235.00 price target for the company. Weiss Ratings raised shares of Nutex Health from a “hold (c)” rating to a “hold (c+)” rating in a research note on Tuesday, July 28th. Finally, Wall Street Zen lowered shares of Nutex Health from a “strong-buy” rating to a “buy” rating in a research note on Monday, July 20th. Three analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $243.33.

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.