R Squared Ltd Takes $364,000 Position in BrightSpring Health Services, Inc. $BTSG

R Squared Ltd acquired a new stake in BrightSpring Health Services, Inc. (NASDAQ:BTSG) in the 2nd quarter, Holdings Channel.com reports. The institutional investor acquired 15,440 shares of the company’s stock, valued at approximately $364,000.

Several other hedge funds have also recently modified their holdings of BTSG. IFP Advisors Inc lifted its holdings in shares of BrightSpring Health Services by 273,666.7% during the first quarter. IFP Advisors Inc now owns 8,213 shares of the company’s stock worth $149,000 after purchasing an additional 8,210 shares during the period. Highland Capital Management LLC acquired a new stake in shares of BrightSpring Health Services during the first quarter worth $181,000. Strs Ohio acquired a new stake in shares of BrightSpring Health Services during the first quarter worth $226,000. Teacher Retirement System of Texas lifted its holdings in shares of BrightSpring Health Services by 6.8% during the first quarter. Teacher Retirement System of Texas now owns 14,650 shares of the company’s stock worth $265,000 after purchasing an additional 932 shares during the period. Finally, AQR Capital Management LLC acquired a new stake in shares of BrightSpring Health Services during the first quarter worth $276,000.

Insiders Place Their Bets

In other news, insider Jon B. Rousseau sold 235,000 shares of the firm’s stock in a transaction on Wednesday, October 22nd. The stock was sold at an average price of $28.78, for a total value of $6,763,300.00. Following the completion of the transaction, the insider owned 1,131,930 shares in the company, valued at $32,576,945.40. This trade represents a 17.19% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Lisa A. Nalley sold 20,000 shares of the firm’s stock in a transaction on Wednesday, October 22nd. The shares were sold at an average price of $28.78, for a total value of $575,600.00. Following the completion of the transaction, the insider owned 131,150 shares of the company’s stock, valued at approximately $3,774,497. This represents a 13.23% decrease in their position. The disclosure for this sale can be found here. Company insiders own 3.40% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on BTSG. Mizuho increased their price target on BrightSpring Health Services from $26.00 to $32.00 and gave the stock an “outperform” rating in a report on Friday, October 17th. UBS Group increased their price target on BrightSpring Health Services from $31.00 to $35.00 and gave the stock a “buy” rating in a report on Monday, October 13th. Wells Fargo & Company raised their target price on BrightSpring Health Services from $27.00 to $33.00 and gave the company an “overweight” rating in a report on Tuesday, October 7th. Morgan Stanley raised their target price on BrightSpring Health Services from $25.00 to $32.00 and gave the company an “overweight” rating in a report on Tuesday, October 14th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of BrightSpring Health Services in a report on Friday. Ten equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $32.56.

BrightSpring Health Services Price Performance

BrightSpring Health Services stock opened at $33.53 on Friday. BrightSpring Health Services, Inc. has a one year low of $14.73 and a one year high of $34.10. The company has a market cap of $6.07 billion, a P/E ratio of 54.97, a price-to-earnings-growth ratio of 0.57 and a beta of 2.40. The business has a fifty day moving average of $27.31 and a two-hundred day moving average of $23.18. The company has a debt-to-equity ratio of 1.43, a quick ratio of 1.34 and a current ratio of 1.76.

BrightSpring Health Services (NASDAQ:BTSG) last announced its quarterly earnings results on Monday, October 20th. The company reported $0.30 earnings per share for the quarter, beating analysts’ consensus estimates of $0.27 by $0.03. BrightSpring Health Services had a return on equity of 11.83% and a net margin of 1.04%.The business had revenue of $3.33 billion during the quarter, compared to analysts’ expectations of $3.16 billion. BrightSpring Health Services has set its Q3 2025 guidance at 0.300-0.300 EPS. FY 2025 guidance at EPS. As a group, analysts predict that BrightSpring Health Services, Inc. will post 0.59 earnings per share for the current fiscal year.

About BrightSpring Health Services

BrightSpring Health Services, Inc operates a home and community-based healthcare services platform in the United States. The company's platform focuses on delivering pharmacy and provider services, including clinical and supportive care in home and community settings to Medicare, Medicaid, and insured populations.