BlueCrest Capital Management Ltd Has $6.92 Million Stock Holdings in BrightSpring Health Services, Inc. $BTSGU

BlueCrest Capital Management Ltd decreased its holdings in shares of BrightSpring Health Services, Inc. (NASDAQ:BTSGU) by 71.1% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 68,487 shares of the company’s stock after selling 168,399 shares during the quarter. BlueCrest Capital Management Ltd’s holdings in BrightSpring Health Services were worth $6,923,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in BTSGU. Morningstar Investment Management LLC acquired a new stake in shares of BrightSpring Health Services during the third quarter worth $829,000. Jane Street Group LLC acquired a new position in BrightSpring Health Services in the second quarter valued at about $870,000. Goldman Sachs Group Inc. bought a new position in BrightSpring Health Services during the first quarter worth about $3,575,000. JPMorgan Chase & Co. boosted its holdings in BrightSpring Health Services by 69.4% during the second quarter. JPMorgan Chase & Co. now owns 43,931 shares of the company’s stock worth $3,627,000 after buying an additional 17,994 shares during the last quarter. Finally, Norges Bank acquired a new position in shares of BrightSpring Health Services during the 2nd quarter worth about $5,780,000.

BrightSpring Health Services Price Performance

Shares of BrightSpring Health Services stock opened at $139.72 on Wednesday. The business’s 50 day simple moving average is $133.35 and its 200 day simple moving average is $117.86. BrightSpring Health Services, Inc. has a 52-week low of $56.77 and a 52-week high of $147.95.

BrightSpring Health Services Announces Dividend

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

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of BrightSpring Health Services in a research note on Monday, December 29th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, BrightSpring Health Services currently has an average rating of “Hold”.

About BrightSpring Health Services

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.