Westpac Banking Corp Takes Position in Ramsay Health Care Limited $RMSYF

Westpac Banking Corp bought a new stake in Ramsay Health Care Limited (OTCMKTS:RMSYF) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 138,460 shares of the company’s stock, valued at approximately $2,701,000.

Other institutional investors have also made changes to their positions in the company. Avalon Trust Co acquired a new position in Ramsay Health Care during the 2nd quarter worth about $36,000. Global Retirement Partners LLC acquired a new stake in Ramsay Health Care in the 2nd quarter valued at about $128,000. Allworth Financial LP acquired a new stake in Ramsay Health Care in the 2nd quarter valued at about $134,000. Callan Family Office LLC acquired a new stake in Ramsay Health Care in the 2nd quarter valued at about $226,000. Finally, Principle Wealth Partners LLC bought a new position in shares of Ramsay Health Care in the second quarter worth about $300,000. 13.17% of the stock is owned by institutional investors.

Ramsay Health Care Stock Performance

Shares of RMSYF stock opened at $29.58 on Friday. Ramsay Health Care Limited has a 1 year low of $24.61 and a 1 year high of $30.00. The firm’s 50 day moving average is $28.82 and its 200-day moving average is $26.29.

About Ramsay Health Care

Ramsay Health Care is a multinational operator of private hospitals and healthcare facilities, offering a broad range of medical, surgical and rehabilitative services. The company’s primary activities include inpatient and day‐patient care, elective surgery, maternity and neonatal services, mental health treatment, oncology, cardiology and allied health support. In addition to acute hospital services, Ramsay Health Care provides aged care and retirement living communities in select markets, integrating complementary care settings to meet diverse patient needs.

Founded in 1964 by Australian entrepreneur Paul Ramsay, the group has grown through strategic acquisitions and greenfield developments to become one of the world’s largest private hospital networks.