Shares of Surgical Care Affiliates Inc. (NASDAQ:SCAI) hit a new 52-week high during trading on Monday . The company traded as high as $52.60 and last traded at $51.19, with a volume of 105,616 shares changing hands. The stock had previously closed at $52.01.

SCAI has been the topic of a number of research analyst reports. Zacks Investment Research cut shares of Surgical Care Affiliates from a “hold” rating to a “sell” rating in a research report on Wednesday, April 6th. Goldman Sachs Group Inc. lowered shares of Surgical Care Affiliates from a “buy” rating to a “neutral” rating and set a $48.00 target price on the stock. in a report on Wednesday, June 22nd. They noted that the move was a valuation call. Finally, Barclays PLC restated a “buy” rating on shares of Surgical Care Affiliates in a report on Saturday, July 9th. Five analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $45.67.

The company has a market capitalization of $2.04 billion and a PE ratio of 16.54. The firm’s 50-day moving average price is $48.66 and its 200-day moving average price is $45.26.

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

In other news, COO Michael A. Rucker sold 17,500 shares of Surgical Care Affiliates stock in a transaction dated Wednesday, May 4th. The shares were sold at an average price of $45.39, for a total transaction of $794,325.00. Following the sale, the chief operating officer now owns 98,852 shares of the company’s stock, valued at approximately $4,486,892.28. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Andrew P. Hayek sold 13,468 shares of Surgical Care Affiliates stock in a transaction dated Wednesday, May 25th. The shares were sold at an average price of $45.04, for a total transaction of $606,598.72. The disclosure for this sale can be found here.

A number of large investors have bought and sold shares of the company. Schroder Investment Management Group raised its stake in 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. Foresters Investment Management Company Inc. raised 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 valued at $9,220,000 after buying an additional 99,000 shares during the last quarter. New York State Common Retirement Fund raised 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 valued at $4,616,000 after buying an additional 19,734 shares during the last quarter. Bank of Montreal Can raised its stake in 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. Finally, California State Teachers Retirement System raised its stake in Surgical Care Affiliates by 1.6% in the fourth quarter. California State Teachers Retirement System now owns 39,845 shares of the company’s stock valued at $1,586,000 after buying an additional 642 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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