Surgery Partners Inc. (NASDAQ:SGRY) shares rose 1.8% during mid-day trading on Tuesday . The company traded as high as $19.56 and last traded at $19.35, with a volume of 111,498 shares. The stock had previously closed at $19.00.

SGRY has been the topic of a number of research analyst reports. Morgan Stanley reaffirmed a “hold” rating on shares of Surgery Partners in a report on Friday, May 6th. Zacks Investment Research upgraded Surgery Partners from a “sell” rating to a “hold” rating in a research report on Wednesday, May 18th. KeyCorp began coverage on Surgery Partners in a research report on Thursday, June 9th. They issued an “overweight” rating and a $21.00 price target for the company. Barclays PLC began coverage on Surgery Partners in a research report on Wednesday, July 13th. They issued an “equal weight” rating and a $20.00 price target for the company. Finally, Jefferies Group reiterated a “buy” rating and issued a $27.00 price target on shares of Surgery Partners in a research report on Wednesday, August 10th. Four investment analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the stock. The stock has an average rating of “Buy” and an average price target of $22.44.

The firm has a market capitalization of $938.57 million and a PE ratio of 104.54. The company has a 50 day moving average price of $17.87 and a 200 day moving average price of $15.59.

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

In other news, VP Jennifer Baldock sold 2,500 shares of the business’s stock in a transaction on Monday, August 29th. The stock was sold at an average price of $19.20, for a total transaction of $48,000.00. Following the completion of the sale, the vice president now owns 66,983 shares in the company, valued at $1,286,073.60. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

A hedge fund recently bought a new stake in Surgery Partners stock. BlackRock Advisors LLC bought a new position in Surgery Partners Inc. (NASDAQ:SGRY) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 1,150,762 shares of the company’s stock, valued at approximately $23,579,000. BlackRock Advisors LLC owned approximately 2.39% of Surgery Partners as of its most recent filing with the SEC.

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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with's FREE daily email newsletter.