Royce & Associates LP trimmed its position in Surgery Partners Inc (NASDAQ:SGRY) by 1.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,414,716 shares of the company’s stock after selling 15,593 shares during the period. Royce & Associates LP owned 2.83% of Surgery Partners worth $22,147,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. State Street Corp increased its position in shares of Surgery Partners by 20.0% in the 3rd quarter. State Street Corp now owns 448,935 shares of the company’s stock valued at $3,315,000 after acquiring an additional 74,930 shares during the period. Barclays PLC increased its position in shares of Surgery Partners by 21.6% in the 3rd quarter. Barclays PLC now owns 19,294 shares of the company’s stock valued at $143,000 after acquiring an additional 3,432 shares during the period. Campbell & CO Investment Adviser LLC acquired a new position in shares of Surgery Partners in the 4th quarter valued at $163,000. Rhumbline Advisers increased its position in shares of Surgery Partners by 8.7% in the 3rd quarter. Rhumbline Advisers now owns 34,402 shares of the company’s stock valued at $254,000 after acquiring an additional 2,763 shares during the period. Finally, Squarepoint Ops LLC increased its position in shares of Surgery Partners by 96.0% in the 3rd quarter. Squarepoint Ops LLC now owns 95,758 shares of the company’s stock valued at $707,000 after acquiring an additional 46,891 shares during the period. 95.09% of the stock is currently owned by hedge funds and other institutional investors.

Several research firms recently issued reports on SGRY. Benchmark upped their target price on Surgery Partners from $13.00 to $19.00 and gave the company a “buy” rating in a research report on Tuesday, January 14th. Citigroup upped their target price on Surgery Partners from $13.00 to $20.00 and gave the company a “buy” rating in a research report on Tuesday, December 10th. BidaskClub downgraded Surgery Partners from a “strong-buy” rating to a “buy” rating in a research report on Friday, December 13th. Zacks Investment Research downgraded Surgery Partners from a “buy” rating to a “hold” rating in a research report on Wednesday, February 5th. Finally, ValuEngine downgraded Surgery Partners from a “buy” rating to a “hold” rating in a research report on Friday, January 3rd. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of $16.75.

SGRY traded down $0.33 during midday trading on Friday, hitting $18.04. 29,846 shares of the company were exchanged, compared to its average volume of 405,140. The company’s 50 day simple moving average is $17.06 and its 200 day simple moving average is $11.26. The firm has a market capitalization of $918.48 million, a price-to-earnings ratio of -3.63 and a beta of 2.68. The company has a current ratio of 1.36, a quick ratio of 1.24 and a debt-to-equity ratio of 2.39. Surgery Partners Inc has a 1-year low of $5.38 and a 1-year high of $18.89.

About Surgery Partners

Surgery Partners, Inc, through its subsidiaries, owns and operates a network of surgical facilities and related services in the United States. The company operates through three segments: Surgical Facility Services, Ancillary Services, and Optical Services. Its surgical facilities comprise ambulatory surgery centers and surgical hospitals that offer non-emergency surgical procedures in various specialties, including gastroenterology, general surgery, ophthalmology, orthopedics, and pain management.

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Institutional Ownership by Quarter for Surgery Partners (NASDAQ:SGRY)

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