Calamos Advisors LLC trimmed its stake in shares of BrightSpring Health Services, Inc. (NASDAQ:BTSGU – Free Report) by 54.1% during the third quarter, HoldingsChannel reports. The fund owned 157,427 shares of the company’s stock after selling 185,479 shares during the period. Calamos Advisors LLC’s holdings in BrightSpring Health Services were worth $29,670,000 as of its most recent SEC filing.
Separately, GABELLI & Co INVESTMENT ADVISERS INC. bought a new position in BrightSpring Health Services during the 1st quarter worth about $213,000.
Wall Street Analyst Weigh In
Separately, Weiss Ratings raised BrightSpring Health Services from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday. One investment analyst has rated the stock with a Hold rating. According to MarketBeat, the stock currently has a consensus rating of “Hold”.
View Our Latest Stock Analysis on BrightSpring Health Services
BrightSpring Health Services Trading Up 2.0%
NASDAQ:BTSGU traded up $4.41 during mid-day trading on Friday, hitting $220.72. The stock had a trading volume of 151,982 shares, compared to its average volume of 25,717. The company’s 50 day simple moving average is $200.24 and its 200 day simple moving average is $182.95. BrightSpring Health Services, Inc. has a twelve month low of $105.89 and a twelve month high of $255.51.
BrightSpring Health Services Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Sunday, November 1st. Shareholders of record on Thursday, October 15th were issued a dividend of $0.8438 per share. The ex-dividend date of this dividend was Thursday, October 15th. This represents a $3.38 annualized dividend and a yield of 1.5%. This is a positive change from BrightSpring Health Services’s previous quarterly dividend of $0.8437.
BrightSpring Health Services Profile
BrightSpring Health Services is a provider of home- and community-based health services for people with complex medical, behavioral health, and daily-living needs. Its services are designed to support patients and clients in their homes and communities, as well as in residential settings.
The company’s businesses include pharmacy services, home health and hospice care, behavioral health programs, rehabilitation, and community-based support services. Its pharmacy operations serve individuals and organizations in areas such as long-term care and specialty medication needs.
BrightSpring serves clients across the United States.
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