New York State Common Retirement Fund trimmed its holdings in shares of Surgery Partners, Inc. (NASDAQ:SGRY) by 0.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 18,800 shares of the company’s stock after selling 1 shares during the quarter. New York State Common Retirement Fund’s holdings in Surgery Partners were worth $428,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the company. Elk Creek Partners LLC bought a new stake in shares of Surgery Partners during the second quarter worth $9,888,000. Ameriprise Financial Inc. lifted its position in shares of Surgery Partners by 0.3% during the second quarter. Ameriprise Financial Inc. now owns 229,575 shares of the company’s stock worth $5,223,000 after purchasing an additional 605 shares during the last quarter. Alliancebernstein L.P. lifted its position in shares of Surgery Partners by 1.1% during the second quarter. Alliancebernstein L.P. now owns 28,400 shares of the company’s stock worth $646,000 after purchasing an additional 300 shares during the last quarter. Wells Fargo & Company MN lifted its position in shares of Surgery Partners by 25.7% during the second quarter. Wells Fargo & Company MN now owns 499,712 shares of the company’s stock worth $11,368,000 after purchasing an additional 102,258 shares during the last quarter. Finally, Kennedy Capital Management Inc. lifted its position in shares of Surgery Partners by 4.4% during the second quarter. Kennedy Capital Management Inc. now owns 315,361 shares of the company’s stock worth $7,174,000 after purchasing an additional 13,320 shares during the last quarter. Institutional investors and hedge funds own 37.13% of the company’s stock.

Surgery Partners, Inc. (NASDAQ:SGRY) opened at $8.30 on Wednesday. The company has a market capitalization of $426.73, a price-to-earnings ratio of 58.33 and a beta of 1.92. The company has a debt-to-equity ratio of 1.56, a quick ratio of 1.92 and a current ratio of 2.09. Surgery Partners, Inc. has a 52 week low of $7.10 and a 52 week high of $24.05.

Several analysts have recently weighed in on SGRY shares. BidaskClub downgraded Surgery Partners from a “hold” rating to a “sell” rating in a research report on Monday, July 24th. Zacks Investment Research upgraded Surgery Partners from a “hold” rating to a “buy” rating and set a $22.00 target price for the company in a research report on Wednesday, August 2nd. Stifel Nicolaus downgraded Surgery Partners from a “hold” rating to a “sell” rating and decreased their target price for the stock from $21.00 to $17.00 in a research report on Wednesday, August 9th. Raymond James Financial, Inc. reiterated a “market perform” rating on shares of Surgery Partners in a research report on Wednesday, August 9th. Finally, Citigroup Inc. restated a “buy” rating and set a $17.00 price target (down previously from $28.00) on shares of Surgery Partners in a research note on Friday, August 11th. Four equities research analysts have rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $18.57.

In other news, major shareholder H.I.G. Surgery Centers, Llc sold 26,455,651 shares of the firm’s stock in a transaction on Thursday, August 31st. The stock was sold at an average price of $19.00, for a total transaction of $502,657,369.00. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 7.60% of the company’s stock.

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About Surgery Partners

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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Institutional Ownership by Quarter for Surgery Partners (NASDAQ:SGRY)

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