74,058 Shares in Ramsay Health Care Limited $RMSYF Acquired by Freestone Grove Partners LP

Freestone Grove Partners LP bought a new stake in Ramsay Health Care Limited (OTCMKTS:RMSYF) in the 2nd quarter, Holdings Channel.com reports. The fund bought 74,058 shares of the company’s stock, valued at approximately $1,445,000.

Several other hedge funds also recently bought and sold shares of the company. Quantbot Technologies LP acquired a new position in shares of Ramsay Health Care in the second quarter valued at approximately $552,000. GSA Capital Partners LLP bought a new stake in Ramsay Health Care during the second quarter worth about $417,000. Gallagher Fiduciary Advisors LLC acquired a new position in shares of Ramsay Health Care during the 2nd quarter worth approximately $593,000. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in shares of Ramsay Health Care in the 2nd quarter valued at approximately $4,231,000. Finally, Bank of Nova Scotia acquired a new stake in Ramsay Health Care in the second quarter valued at $360,000. 13.17% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group raised Ramsay Health Care to a “buy” rating and set a $54.10 price target on the stock in a research report on Thursday. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, Ramsay Health Care presently has an average rating of “Buy” and an average price target of $54.10.

Ramsay Health Care Stock Up 23.8%

Shares of OTCMKTS RMSYF opened at $36.62 on Friday. The business has a fifty day moving average price of $29.46 and a two-hundred day moving average price of $26.50. Ramsay Health Care Limited has a fifty-two week low of $24.61 and a fifty-two week high of $36.62.

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.