BrightSpring Health Services, Inc. $BTSGU Shares Sold by Voya Investment Management LLC

Voya Investment Management LLC trimmed its position in BrightSpring Health Services, Inc. (NASDAQ:BTSGU) by 6.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 594,795 shares of the company’s stock after selling 43,705 shares during the quarter. Voya Investment Management LLC’s holdings in BrightSpring Health Services were worth $60,128,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Linden Advisors LP lifted its holdings in BrightSpring Health Services by 250.0% in the first 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 last quarter. Sculptor Capital LP raised its holdings in BrightSpring Health Services by 1.5% in the 1st quarter. Sculptor Capital LP now owns 278,795 shares of the company’s stock valued at $18,122,000 after buying an additional 4,025 shares during the period. Goldman Sachs Group Inc. acquired a new position in BrightSpring Health Services in the first quarter valued at about $3,575,000. Aequim Alternative Investments LP increased its position in shares of BrightSpring Health Services by 13.2% during the second quarter. Aequim Alternative Investments LP now owns 1,290,000 shares of the company’s stock valued at $106,490,000 after acquiring an additional 150,000 shares during the last quarter. Finally, Wolverine Asset Management LLC raised its stake in shares of BrightSpring Health Services by 92.5% in the 2nd quarter. Wolverine Asset Management LLC now owns 435,663 shares of the company’s stock valued at $35,969,000 after acquiring an additional 209,297 shares during the period.

BrightSpring Health Services Trading Up 2.9%

BrightSpring Health Services stock opened at $127.29 on Friday. BrightSpring Health Services, Inc. has a 52-week low of $56.77 and a 52-week high of $127.29. The company’s 50 day moving average is $114.34 and its two-hundred day moving average is $93.33.

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

BrightSpring Health Services Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Saturday, November 1st. Shareholders of record on Wednesday, October 15th were given a $0.8438 dividend. The ex-dividend date of this dividend was Wednesday, October 15th. This represents a $3.38 dividend on an annualized basis and a yield of 2.7%. This is an increase from BrightSpring Health Services’s previous quarterly dividend of $0.84.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of BrightSpring Health Services in a report on Monday. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock presently has an average rating of “Hold”.

BrightSpring Health Services Company Profile

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.