Surgical Care Affiliates Inc. (NASDAQ:SCAI) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $49.96 and last traded at $49.66, with a volume of 50,019 shares. The stock had previously closed at $49.62.

Several equities research analysts have recently issued reports on SCAI shares. Barclays PLC restated a “buy” rating on shares of Surgical Care Affiliates in a report on Saturday. Zacks Investment Research upgraded shares of Surgical Care Affiliates from a “sell” rating to a “hold” rating in a report on Wednesday, April 20th. Finally, Goldman Sachs Group Inc. lowered shares of Surgical Care Affiliates from a “buy” rating to a “neutral” rating and set a $48.00 price objective for the company. in a report on Wednesday, June 22nd. They noted that the move was a valuation call. Five investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $45.67.

The company’s 50-day moving average price is $46.55 and its 200-day moving average price is $44.21. The firm has a market cap of $2.01 billion and a price-to-earnings ratio of 16.29.

Surgical Care Affiliates (NASDAQ:SCAI) last issued its quarterly earnings results on Tuesday, May 3rd. The company reported $0.06 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.35 by $0.29. The company earned $279.70 million during the quarter, compared to analysts’ expectations of $271.29 million. During the same period in the previous year, the company posted $0.39 earnings per share. Surgical Care Affiliates’s revenue for the quarter was up 19.5% on a year-over-year basis. On average, analysts expect that Surgical Care Affiliates Inc. will post $2.06 earnings per share for the current fiscal year.

In related news, CEO Andrew P. Hayek sold 13,468 shares of the stock in a transaction on Monday, April 25th. The stock was sold at an average price of $48.17, for a total transaction of $648,753.56. Following the completion of the sale, the chief executive officer now directly owns 54,545 shares of the company’s stock, valued at $2,627,432.65. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, COO Michael A. Rucker sold 17,500 shares of the stock in a transaction on Tuesday, July 5th. The stock was sold at an average price of $47.35, for a total value of $828,625.00. The disclosure for this sale can be found here.

A number of large investors have added to or reduced their stakes in the stock. Neuberger Berman Group LLC acquired a new stake in Surgical Care Affiliates during the fourth quarter worth approximately $13,679,000. Foresters Investment Management Company Inc. increased its stake in Surgical Care Affiliates by 74.7% in the fourth quarter. Foresters Investment Management Company Inc. now owns 231,600 shares of the company’s stock worth $9,220,000 after buying an additional 99,000 shares during the period. Dimensional Fund Advisors LP increased its stake in Surgical Care Affiliates by 26.7% in the fourth quarter. Dimensional Fund Advisors LP now owns 495,020 shares of the company’s stock worth $19,707,000 after buying an additional 104,404 shares during the period. Regal Investment Advisors LLC acquired a new stake in Surgical Care Affiliates during the fourth quarter worth approximately $4,352,000. Finally, New York State Common Retirement Fund increased its stake in Surgical Care Affiliates by 20.5% in the fourth quarter. New York State Common Retirement Fund now owns 115,953 shares of the company’s stock worth $4,616,000 after buying an additional 19,734 shares during the period.

Surgical Care Affiliates, Inc (Surgical Care Affiliates) is a national provider of solutions to physicians, health systems and payors. The Company operates a network of outpatient surgery facilities in the United States, which as of December 31, 2014, consisted of 179 ambulatory surgery centers (ASCs), six surgical hospitals and one sleep center with 11 locations.

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