BlueCrest Capital Management Ltd Increases Stock Holdings in BrightSpring Health Services, Inc. (NASDAQ:BTSGU)

BlueCrest Capital Management Ltd grew its holdings in shares of BrightSpring Health Services, Inc. (NASDAQ:BTSGU) by 710.2% during the third quarter, Holdings Channel reports. The firm owned 56,244 shares of the company’s stock after purchasing an additional 49,302 shares during the quarter. BrightSpring Health Services comprises about 0.2% of BlueCrest Capital Management Ltd’s holdings, making the stock its 28th largest position. BlueCrest Capital Management Ltd’s holdings in BrightSpring Health Services were worth $3,135,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the business. Bank of Montreal Can acquired a new stake in shares of BrightSpring Health Services in the second quarter valued at $1,694,000. Wolverine Asset Management LLC grew its stake in BrightSpring Health Services by 8.7% during the 2nd quarter. Wolverine Asset Management LLC now owns 185,966 shares of the company’s stock worth $8,541,000 after purchasing an additional 14,943 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund purchased a new stake in BrightSpring Health Services during the 2nd quarter worth about $11,768,000. Calamos Advisors LLC raised its position in BrightSpring Health Services by 51.0% in the 2nd quarter. Calamos Advisors LLC now owns 301,985 shares of the company’s stock valued at $14,214,000 after purchasing an additional 101,985 shares in the last quarter. Finally, Highbridge Capital Management LLC boosted its stake in shares of BrightSpring Health Services by 3.7% in the 2nd quarter. Highbridge Capital Management LLC now owns 302,705 shares of the company’s stock valued at $14,248,000 after buying an additional 10,899 shares during the period.

BrightSpring Health Services Price Performance

Shares of BrightSpring Health Services stock opened at $71.13 on Friday. The business has a 50-day simple moving average of $62.36 and a 200-day simple moving average of $52.47. BrightSpring Health Services, Inc. has a one year low of $34.55 and a one year high of $72.66.

BrightSpring Health Services Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, November 1st. Shareholders of record on Tuesday, October 15th were issued a dividend of $0.8438 per share. This represents a $3.38 annualized dividend and a yield of 4.75%. The ex-dividend date was Tuesday, October 15th.

About BrightSpring Health Services

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.