BrightSpring Health Services, Inc. (NASDAQ:BTSGU) Shares Sold by Walleye Capital LLC

Walleye Capital LLC cut its stake in BrightSpring Health Services, Inc. (NASDAQ:BTSGU) by 11.7% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 378,397 shares of the company’s stock after selling 50,000 shares during the quarter. Walleye Capital LLC’s holdings in BrightSpring Health Services were worth $23,827,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of BTSGU. State Street Corp increased its position in BrightSpring Health Services by 7.0% during the third quarter. State Street Corp now owns 123,000 shares of the company’s stock worth $6,931,000 after purchasing an additional 8,000 shares during the last quarter. Highbridge Capital Management LLC raised its position in shares of BrightSpring Health Services by 0.3% during the 4th quarter. Highbridge Capital Management LLC now owns 534,277 shares of the company’s stock valued at $33,446,000 after buying an additional 1,770 shares during the period. Norges Bank purchased a new position in BrightSpring Health Services in the fourth quarter worth approximately $12,538,000. Wolverine Asset Management LLC increased its stake in BrightSpring Health Services by 13.8% during the fourth quarter. Wolverine Asset Management LLC now owns 208,978 shares of the company’s stock worth $13,082,000 after acquiring an additional 25,368 shares during the last quarter. Finally, Invesco Ltd. purchased a new stake in BrightSpring Health Services in the fourth quarter valued at $1,127,000.

BrightSpring Health Services Stock Down 1.5 %

Shares of BrightSpring Health Services stock opened at $62.53 on Monday. The business’s fifty day simple moving average is $68.38 and its 200-day simple moving average is $66.77. BrightSpring Health Services, Inc. has a 52 week low of $41.24 and a 52 week high of $89.00.

BrightSpring Health Services Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, May 1st. Shareholders of record on Tuesday, April 15th will be paid a dividend of $0.8437 per share. This represents a $3.37 annualized dividend and a yield of 5.40%. The ex-dividend date is Tuesday, April 15th.

BrightSpring Health Services 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.