Deutsche Bank AG Invests $7.09 Million in Ramsay Health Care Limited $RMSYF

Deutsche Bank AG purchased a new stake in shares of Ramsay Health Care Limited (OTCMKTS:RMSYF) during the 2nd quarter, HoldingsChannel.com reports. The institutional investor purchased 363,245 shares of the company’s stock, valued at approximately $7,087,000.

Several other hedge funds also recently added to or reduced their stakes in RMSYF. GSA Capital Partners LLP purchased a new position in shares of Ramsay Health Care during the 2nd quarter worth approximately $417,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in shares of Ramsay Health Care in the 2nd quarter valued at $4,231,000. Bank of New York Mellon Corp acquired a new position in Ramsay Health Care during the second quarter worth approximately $63,202,000. Global Retirement Partners LLC purchased a new stake in shares of Ramsay Health Care in the second quarter valued at about $128,000. Finally, Principle Wealth Partners LLC acquired a new stake in shares of Ramsay Health Care during the second quarter worth $300,000. 13.17% of the stock is currently owned by hedge funds and other institutional investors.

Ramsay Health Care Stock Performance

Shares of RMSYF opened at $29.58 on Tuesday. Ramsay Health Care Limited has a twelve month low of $24.61 and a twelve month high of $30.00. The firm’s 50-day moving average is $28.92 and its two-hundred day moving average is $26.33.

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.