Los Angeles Capital Management LLC Has $892,000 Position in BrightSpring Health Services, Inc. $BTSG

Los Angeles Capital Management LLC lifted its position in shares of BrightSpring Health Services, Inc. (NASDAQ:BTSG) by 21.0% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 37,817 shares of the company’s stock after acquiring an additional 6,571 shares during the period. Los Angeles Capital Management LLC’s holdings in BrightSpring Health Services were worth $892,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in BTSG. Teacher Retirement System of Texas raised its position in 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 valued at $265,000 after purchasing an additional 932 shares in the last quarter. Swiss National Bank increased its stake in shares of BrightSpring Health Services by 0.9% in the 1st quarter. Swiss National Bank now owns 118,100 shares of the company’s stock valued at $2,136,000 after purchasing an additional 1,000 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of BrightSpring Health Services by 5.8% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 32,429 shares of the company’s stock valued at $587,000 after purchasing an additional 1,780 shares during the last quarter. Millennium Management LLC raised its holdings in shares of BrightSpring Health Services by 0.3% during the 1st quarter. Millennium Management LLC now owns 577,885 shares of the company’s stock worth $10,454,000 after buying an additional 1,967 shares in the last quarter. Finally, KLP Kapitalforvaltning AS lifted its position in shares of BrightSpring Health Services by 19.8% during the 2nd quarter. KLP Kapitalforvaltning AS now owns 14,500 shares of the company’s stock worth $342,000 after buying an additional 2,400 shares during the last quarter.

BrightSpring Health Services Stock Performance

BrightSpring Health Services stock opened at $31.75 on Friday. The business has a 50 day moving average of $29.92 and a 200-day moving average of $24.81. The company has a market capitalization of $5.73 billion, a P/E ratio of 52.05, a P/E/G ratio of 0.57 and a beta of 2.41. BrightSpring Health Services, Inc. has a 1 year low of $15.26 and a 1 year high of $35.01. The company has a debt-to-equity ratio of 1.36, a current ratio of 1.79 and a quick ratio of 1.38.

BrightSpring Health Services (NASDAQ:BTSG) last posted its earnings results on Monday, October 20th. The company reported $0.30 earnings per share for the quarter, topping analysts’ consensus estimates of $0.27 by $0.03. BrightSpring Health Services had a net margin of 1.04% and a return on equity of 11.61%. The firm had revenue of $3.33 billion for the quarter, compared to analyst estimates of $3.16 billion. BrightSpring Health Services has set its Q3 2025 guidance at 0.300-0.300 EPS. FY 2025 guidance at EPS. On average, equities research analysts predict that BrightSpring Health Services, Inc. will post 0.59 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the company. BTIG Research lifted their target price on BrightSpring Health Services from $30.00 to $41.00 and gave the company a “buy” rating in a research report on Wednesday, October 29th. BMO Capital Markets initiated coverage on shares of BrightSpring Health Services in a research note on Thursday. They issued an “outperform” rating and a $40.00 price target on the stock. Morgan Stanley upped their price objective on shares of BrightSpring Health Services from $25.00 to $32.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 14th. Jefferies Financial Group set a $36.00 price objective on shares of BrightSpring Health Services and gave the company a “buy” rating in a research note on Tuesday, October 21st. Finally, Wells Fargo & Company boosted their target price on shares of BrightSpring Health Services from $33.00 to $39.00 and gave the stock an “overweight” rating in a research note on Wednesday. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $35.73.

Insider Buying and Selling at BrightSpring Health Services

In other BrightSpring Health Services news, insider Lisa A. Nalley sold 20,000 shares of BrightSpring Health Services stock in a transaction dated Wednesday, October 22nd. The stock was sold at an average price of $28.78, for a total transaction of $575,600.00. Following the transaction, the insider directly owned 131,150 shares of the company’s stock, valued at approximately $3,774,497. The trade was a 13.23% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Jon B. Rousseau sold 235,000 shares of the company’s stock in a transaction dated Wednesday, October 22nd. The shares were sold at an average price of $28.78, for a total value of $6,763,300.00. Following the completion of the sale, 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 position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 3.40% of the company’s stock.

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.