Te Ahumairangi Investment Management Ltd Buys Shares of 126,557 Ramsay Health Care Limited $RMSYF

Te Ahumairangi Investment Management Ltd bought a new position in Ramsay Health Care Limited (OTCMKTS:RMSYF) in the 2nd quarter, Holdings Channel.com reports. The fund bought 126,557 shares of the company’s stock, valued at approximately $2,469,000.

Other hedge funds also recently modified their holdings of the company. Avalon Trust Co bought a new position in shares of Ramsay Health Care during the 2nd quarter valued at $36,000. Global Retirement Partners LLC acquired a new position in Ramsay Health Care during the second quarter worth $128,000. Allworth Financial LP bought a new position in Ramsay Health Care during the second quarter valued at about $134,000. Callan Family Office LLC bought a new position in Ramsay Health Care during the second quarter valued at about $226,000. Finally, Principle Wealth Partners LLC acquired a new stake in shares of Ramsay Health Care in the second quarter worth about $300,000. Institutional investors and hedge funds own 13.17% of the company’s stock.

Ramsay Health Care Stock Performance

RMSYF opened at $29.58 on Monday. The stock has a 50-day moving average of $28.82 and a 200-day moving average of $26.30. Ramsay Health Care Limited has a 52-week low of $24.61 and a 52-week high of $30.00.

About Ramsay Health Care

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.