Fmr LLC Cuts Stock Holdings in BrightSpring Health Services, Inc. (NASDAQ:BTSGU)

Fmr LLC cut its holdings in shares of BrightSpring Health Services, Inc. (NASDAQ:BTSGU) by 2.4% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 100,500 shares of the company’s stock after selling 2,500 shares during the quarter. Fmr LLC’s holdings in BrightSpring Health Services were worth $5,645,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Van ECK Associates Corp grew its position in shares of BrightSpring Health Services by 1.6% during the 3rd quarter. Van ECK Associates Corp now owns 323,854 shares of the company’s stock valued at $19,059,000 after purchasing an additional 4,947 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund purchased a new position in BrightSpring Health Services in the 2nd quarter worth approximately $11,768,000. Bank of Montreal Can purchased a new stake in BrightSpring Health Services during the 2nd quarter valued at $1,694,000. Highbridge Capital Management LLC increased its holdings in BrightSpring Health Services by 3.7% during the 2nd quarter. Highbridge Capital Management LLC now owns 302,705 shares of the company’s stock valued at $14,248,000 after purchasing an additional 10,899 shares during the period. Finally, Wolverine Asset Management LLC raised its holdings in shares of BrightSpring Health Services by 8.7% during the second quarter. Wolverine Asset Management LLC now owns 185,966 shares of the company’s stock valued at $8,541,000 after acquiring an additional 14,943 shares in the last quarter.

BrightSpring Health Services Stock Down 1.9 %

BTSGU stock opened at $65.75 on Friday. The business has a 50 day moving average of $64.25 and a 200 day moving average of $53.82. BrightSpring Health Services, Inc. has a twelve month low of $34.55 and a twelve month high of $72.66.

BrightSpring Health Services Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, November 1st. Stockholders of record on Tuesday, October 15th were paid a $0.8438 dividend. The ex-dividend date was Tuesday, October 15th. This represents a $3.38 dividend on an annualized basis and a dividend yield of 5.13%.

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.