Surgery Partners Inc. (NASDAQ:SGRY) saw unusually-high trading volume on Friday . Approximately 203,438 shares changed hands during trading, an increase of 68% from the previous session’s volume of 121,058 shares.The stock last traded at $18.40 and had previously closed at $17.36.

A number of equities analysts have recently issued reports on SGRY shares. KeyCorp started coverage on Surgery Partners in a research note on Thursday, June 9th. They set an “overweight” rating and a $21.00 target price for the company. Zacks Investment Research raised Surgery Partners from a “sell” rating to a “hold” rating in a research note on Wednesday, May 18th. Morgan Stanley reissued a “hold” rating on shares of Surgery Partners in a research note on Friday, May 6th. Jefferies Group reissued a “buy” rating and set a $27.00 target price on shares of Surgery Partners in a research note on Wednesday. Finally, Barclays PLC started coverage on Surgery Partners in a research note on Wednesday, July 13th. They set an “equal weight” rating and a $20.00 target price for the company. Four research analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of $22.44.

The stock has a market capitalization of $892.95 million and a PE ratio of 99.46. The firm’s 50-day moving average is $17.38 and its 200-day moving average is $15.35.

Surgery Partners (NASDAQ:SGRY) last posted its quarterly earnings results on Tuesday, August 9th. The company reported $0.16 EPS for the quarter, topping the Zacks’ consensus estimate of $0.14 by $0.02. The firm earned $289.70 million during the quarter, compared to analyst estimates of $275.99 million. The company’s revenue for the quarter was up 24.4% compared to the same quarter last year. On average, analysts predict that Surgery Partners Inc. will post $0.64 earnings per share for the current fiscal year.

Other institutional investors recently modified their holdings of the company. BlackRock Advisors LLC bought a new position in shares of Surgery Partners during the fourth quarter worth approximately $23,579,000. Jennison Associates LLC bought a new position in shares of Surgery Partners during the fourth quarter worth approximately $34,117,000. Finally, Wells Fargo & Company MN bought a new position in shares of Surgery Partners during the fourth quarter worth approximately $14,025,000.

Surgery Partners, Inc is a healthcare services company. The Company operates in three lines of business across the United States: Surgical Facility Services, Ancillary Services and Optical Services. The Company’s Surgical Facility Services segment consists of the operation of ambulatory surgery centers (ASCs) and surgical hospitals, which include its anesthesia services.

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