Calamos Advisors LLC Sells 1,421 Shares of BrightSpring Health Services, Inc. $BTSGU

Calamos Advisors LLC decreased its holdings in shares of BrightSpring Health Services, Inc. (NASDAQ:BTSGU) by 0.5% in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 300,990 shares of the company’s stock after selling 1,421 shares during the period. Calamos Advisors LLC’s holdings in BrightSpring Health Services were worth $24,847,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Sculptor Capital LP increased its holdings in BrightSpring Health Services by 1.5% in the first quarter. Sculptor Capital LP now owns 278,795 shares of the company’s stock valued at $18,122,000 after purchasing an additional 4,025 shares during the last quarter. Advent Capital Management DE grew its position in shares of BrightSpring Health Services by 20.1% during the 1st quarter. Advent Capital Management DE now owns 99,321 shares of the company’s stock worth $6,496,000 after buying an additional 16,604 shares during the period. Wolverine Asset Management LLC increased its stake in shares of BrightSpring Health Services by 8.3% in the 1st quarter. Wolverine Asset Management LLC now owns 226,366 shares of the company’s stock valued at $14,913,000 after acquiring an additional 17,388 shares during the last quarter. Linden Advisors LP raised its position in shares of BrightSpring Health Services by 250.0% in the 1st quarter. Linden Advisors LP now owns 35,000 shares of the company’s stock valued at $2,311,000 after acquiring an additional 25,000 shares during the period. Finally, Voya Investment Management LLC boosted its stake in BrightSpring Health Services by 12.7% during the 1st quarter. Voya Investment Management LLC now owns 310,000 shares of the company’s stock worth $20,150,000 after acquiring an additional 35,000 shares during the last quarter.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of BrightSpring Health Services in a research note on Wednesday, October 8th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, BrightSpring Health Services has an average rating of “Hold”.

BrightSpring Health Services Price Performance

NASDAQ BTSGU opened at $115.03 on Thursday. The business has a 50 day simple moving average of $101.76 and a 200 day simple moving average of $85.89. BrightSpring Health Services, Inc. has a 52-week low of $56.77 and a 52-week high of $116.44.

BrightSpring Health Services (NASDAQ:BTSGU) last released its quarterly earnings results on Thursday, May 2nd. The company reported ($0.10) earnings per share for the quarter. The firm had revenue of $2.03 billion for the quarter.

BrightSpring Health Services Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Saturday, November 1st. Shareholders of record on Wednesday, October 15th were paid a $0.8438 dividend. The ex-dividend date of this dividend was Wednesday, October 15th. This represents a $3.38 annualized dividend and a dividend yield of 2.9%. This is a positive change from BrightSpring Health Services’s previous quarterly dividend of $0.84.

BrightSpring Health Services Company Profile

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.