Van ECK Associates Corp Acquires 4,999 Shares of BrightSpring Health Services, Inc. $BTSGU

Van ECK Associates Corp lifted its stake in BrightSpring Health Services, Inc. (NASDAQ:BTSGU) by 2.1% during the 3rd quarter, HoldingsChannel reports. The fund owned 244,150 shares of the company’s stock after buying an additional 4,999 shares during the period. Van ECK Associates Corp’s holdings in BrightSpring Health Services were worth $24,681,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Jane Street Group LLC acquired a new position in BrightSpring Health Services in the 2nd quarter valued at approximately $870,000. Goldman Sachs Group Inc. acquired a new position in shares of BrightSpring Health Services in the first quarter valued at $3,575,000. JPMorgan Chase & Co. lifted its position in BrightSpring Health Services by 69.4% in the second quarter. JPMorgan Chase & Co. now owns 43,931 shares of the company’s stock worth $3,627,000 after purchasing an additional 17,994 shares during the period. Norges Bank acquired a new stake in BrightSpring Health Services during the second quarter worth $5,780,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in BrightSpring Health Services by 11.0% during the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 164,260 shares of the company’s stock worth $13,560,000 after buying an additional 16,302 shares in the last quarter.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of BrightSpring Health Services in a research report on Monday, December 29th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

BrightSpring Health Services Trading Down 0.1%

Shares of NASDAQ:BTSGU opened at $138.50 on Thursday. The business’s fifty day moving average price is $133.27 and its two-hundred day moving average price is $116.23. BrightSpring Health Services, Inc. has a fifty-two week low of $56.77 and a fifty-two week high of $147.95.

BrightSpring Health Services Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Sunday, February 1st. Shareholders of record on Thursday, January 15th were given a $0.8438 dividend. The ex-dividend date was Thursday, January 15th. This represents a $3.38 dividend on an annualized basis and a yield of 2.4%.

BrightSpring Health Services Company Profile

BrightSpring Health Services is a leading provider of home and community-based health and support services in the United States. The company specializes in delivering a continuum of care that spans behavioral health, intellectual and developmental disability support, home health care, and respite services. By integrating clinical and non-clinical offerings, BrightSpring seeks to improve patient outcomes, enhance quality of life, and support family caregivers.

Through its behavioral health division, BrightSpring offers individualized therapy, counseling, and crisis intervention for children, adolescents, and adults experiencing mental health challenges.