Te Ahumairangi Investment Management Ltd Purchases New Stake in Ramsay Health Care Limited $RMSYF

Te Ahumairangi Investment Management Ltd acquired a new position in Ramsay Health Care Limited (OTCMKTS:RMSYF) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 126,557 shares of the company’s stock, valued at approximately $2,469,000.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Avalon Trust Co acquired a new position in shares of Ramsay Health Care in the 2nd quarter valued at about $36,000. Global Retirement Partners LLC purchased a new position in Ramsay Health Care during the second quarter valued at approximately $128,000. Allworth Financial LP purchased a new position in Ramsay Health Care during the second quarter valued at approximately $134,000. Callan Family Office LLC acquired a new position in Ramsay Health Care in the 2nd quarter valued at approximately $226,000. Finally, Principle Wealth Partners LLC acquired a new position in Ramsay Health Care in the 2nd quarter valued at approximately $300,000. Hedge funds and other institutional investors own 13.17% of the company’s stock.

Ramsay Health Care Stock Performance

RMSYF stock opened at $29.58 on Monday. The company has a 50 day moving average of $28.82 and a two-hundred day moving average of $26.30. Ramsay Health Care Limited has a 12-month low of $24.61 and a 12-month high of $30.00.

Ramsay Health Care Profile

Ramsay Health Care is a multinational operator of private hospitals and healthcare facilities, offering a broad range of medical, surgical and rehabilitative services. The company’s primary activities include inpatient and day‐patient care, elective surgery, maternity and neonatal services, mental health treatment, oncology, cardiology and allied health support. In addition to acute hospital services, Ramsay Health Care provides aged care and retirement living communities in select markets, integrating complementary care settings to meet diverse patient needs.

Founded in 1964 by Australian entrepreneur Paul Ramsay, the group has grown through strategic acquisitions and greenfield developments to become one of the world’s largest private hospital networks.