Surgical Care Affiliates Inc. (NASDAQ:SCAI) shares hit a new 52-week high on Monday . The stock traded as high as $51.96 and last traded at $51.58, with a volume of 143,184 shares trading hands. The stock had previously closed at $51.26.

Several research analysts have weighed in on the company. Zacks Investment Research upgraded Surgical Care Affiliates from a “sell” rating to a “hold” rating in a research note on Wednesday, July 6th. Goldman Sachs Group Inc. downgraded Surgical Care Affiliates from a “buy” rating to a “neutral” rating and set a $48.00 target price on the stock. in a research note on Wednesday, June 22nd. They noted that the move was a valuation call. Finally, Barclays PLC reissued a “buy” rating on shares of Surgical Care Affiliates in a report on Saturday, July 9th. Five research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $45.67.

The stock has a 50-day moving average of $48.11 and a 200 day moving average of $44.97. The stock has a market capitalization of $2.05 billion and a PE ratio of 16.67.

Surgical Care Affiliates (NASDAQ:SCAI) last announced its quarterly earnings data on Tuesday, May 3rd. The company reported $0.06 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.35 by $0.29. The business earned $279.70 million during the quarter, compared to analysts’ expectations of $271.29 million. During the same quarter in the prior year, the firm earned $0.39 EPS. The firm’s quarterly revenue was up 19.5% compared to the same quarter last year. Equities analysts predict that Surgical Care Affiliates Inc. will post $2.06 EPS for the current year.

In other Surgical Care Affiliates news, CEO Andrew P. Hayek sold 990 shares of the company’s stock in a transaction that occurred on Thursday, July 21st. The stock was sold at an average price of $51.13, for a total transaction of $50,618.70. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, COO Michael A. Rucker sold 17,500 shares of the company’s stock in a transaction that occurred on Wednesday, May 4th. The shares were sold at an average price of $45.39, for a total value of $794,325.00. Following the sale, the chief operating officer now owns 98,852 shares in the company, valued at approximately $4,486,892.28. The disclosure for this sale can be found here.

Other hedge funds have recently made changes to their positions in the company. Schroder Investment Management Group boosted its stake in shares of Surgical Care Affiliates by 80.3% in the fourth quarter. Schroder Investment Management Group now owns 673,900 shares of the company’s stock valued at $26,828,000 after buying an additional 300,200 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Surgical Care Affiliates by 26.7% in the fourth quarter. Dimensional Fund Advisors LP now owns 495,020 shares of the company’s stock valued at $19,707,000 after buying an additional 104,404 shares during the last quarter. Foresters Investment Management Company Inc. boosted its stake in shares of 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 valued at $9,220,000 after buying an additional 99,000 shares during the last quarter. New York State Common Retirement Fund boosted its stake in shares of 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 valued at $4,616,000 after buying an additional 19,734 shares during the last quarter. Finally, Bank of Montreal Can boosted its stake in shares of Surgical Care Affiliates by 564.7% in the fourth quarter. Bank of Montreal Can now owns 57,221 shares of the company’s stock valued at $2,278,000 after buying an additional 48,613 shares during the last quarter.

Surgical Care Affiliates, Inc (Surgical Care Affiliates) is a provider of solutions to physicians and health systems. The Company operates a network of outpatient surgery facilities in the United States, which consists of over 190 ambulatory surgery centers (ASCs) and approximately seven surgical hospitals.

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