Segall Bryant & Hamill LLC Purchases 42,840 Shares of BrightSpring Health Services, Inc. $BTSG

Segall Bryant & Hamill LLC lifted its position in shares of BrightSpring Health Services, Inc. (NASDAQ:BTSG) by 51.7% during the third quarter, Holdings Channel.com reports. The firm owned 125,768 shares of the company’s stock after purchasing an additional 42,840 shares during the period. Segall Bryant & Hamill LLC’s holdings in BrightSpring Health Services were worth $3,718,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Invesco Ltd. increased its stake in BrightSpring Health Services by 47.7% during the 2nd quarter. Invesco Ltd. now owns 9,119,408 shares of the company’s stock valued at $215,127,000 after purchasing an additional 2,946,811 shares in the last quarter. The Manufacturers Life Insurance Company increased its position in shares of BrightSpring Health Services by 936.4% during the second quarter. The Manufacturers Life Insurance Company now owns 2,276,583 shares of the company’s stock worth $53,705,000 after acquiring an additional 2,056,920 shares in the last quarter. Jane Street Group LLC increased its position in shares of BrightSpring Health Services by 855.4% during the second quarter. Jane Street Group LLC now owns 2,076,730 shares of the company’s stock worth $48,990,000 after acquiring an additional 1,859,369 shares in the last quarter. Voya Investment Management LLC raised its holdings in shares of BrightSpring Health Services by 556.1% in the 3rd quarter. Voya Investment Management LLC now owns 1,343,775 shares of the company’s stock worth $39,722,000 after acquiring an additional 1,138,965 shares during the last quarter. Finally, Adage Capital Partners GP L.L.C. lifted its position in BrightSpring Health Services by 106.3% in the 2nd quarter. Adage Capital Partners GP L.L.C. now owns 1,938,547 shares of the company’s stock valued at $45,730,000 after acquiring an additional 999,018 shares in the last quarter.

Key BrightSpring Health Services News

Here are the key news stories impacting BrightSpring Health Services this week:

• Positive Sentiment: Morgan Stanley raised its price target to $48 and kept an “overweight” rating, signaling analyst conviction and around mid-teens upside to recent levels. Article Title
• Positive Sentiment: Wells Fargo increased its price target to $50, another high-profile price-target lift that supports further upside expectations. Article Title
• Positive Sentiment: Zacks upgraded BTSG to a “Strong Buy” (Rank #1) and published multiple pieces noting momentum, inclusion on growth/momentum lists, and upward earnings-estimate revisions — all can attract buyers and algos. Article Title
• Positive Sentiment: Mizuho and other outlets flagged strong upside potential and noted elevated trading volume after analyst coverage changes — higher attention/liquidity can amplify moves. Article Title
• Neutral Sentiment: Several Zacks pieces compare BTSG favorably to peers and highlight it as a fast-moving value/momentum candidate; useful context but not a direct catalyst by itself. Article Title
• Neutral Sentiment: Short-interest reports in the feed show zero shares / NaN changes (data appears erroneous or not meaningful) — no reliable short-squeeze signal at present.
• Negative Sentiment: Most-recent quarterly results included a very slight EPS miss ($0.33 vs. $0.34 consensus) despite a revenue beat and strong year-over-year revenue growth; minor near-term headline risk for short-term traders.

Wall Street Analysts Forecast Growth

A number of analysts have commented on BTSG shares. Zacks Research raised BrightSpring Health Services from a “hold” rating to a “strong-buy” rating in a report on Tuesday. Mizuho upped their price target on BrightSpring Health Services from $45.00 to $50.00 and gave the stock an “outperform” rating in a report on Tuesday. Weiss Ratings restated a “hold (c)” rating on shares of BrightSpring Health Services in a research note on Monday, December 29th. Wells Fargo & Company lifted their price objective on shares of BrightSpring Health Services from $43.00 to $50.00 and gave the stock an “overweight” rating in a report on Monday. Finally, BMO Capital Markets reiterated an “outperform” rating and issued a $46.00 target price on shares of BrightSpring Health Services in a report on Friday, January 23rd. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of $44.08.

BrightSpring Health Services Price Performance

BTSG opened at $41.77 on Friday. BrightSpring Health Services, Inc. has a fifty-two week low of $15.48 and a fifty-two week high of $44.87. The firm has a 50-day moving average of $39.42 and a 200 day moving average of $33.78. The company has a debt-to-equity ratio of 1.32, a quick ratio of 1.12 and a current ratio of 1.57. The firm has a market cap of $8.08 billion, a P/E ratio of 47.47, a PEG ratio of 0.57 and a beta of 2.31.

BrightSpring Health Services (NASDAQ:BTSG) last released its earnings results on Friday, February 27th. The company reported $0.33 earnings per share for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.01). BrightSpring Health Services had a net margin of 1.48% and a return on equity of 12.66%. The company had revenue of $3.55 billion during the quarter, compared to analysts’ expectations of $3.38 billion. During the same quarter in the previous year, the firm earned $0.11 earnings per share. The firm’s revenue was up 29.3% compared to the same quarter last year. On average, research analysts expect that BrightSpring Health Services, Inc. will post 0.59 EPS for the current year.

BrightSpring Health Services Profile

BrightSpring Health Services (NASDAQ: BTSG) is a leading provider of home and community-based care and workforce solutions aimed at seniors, individuals with disabilities and those facing behavioral health challenges. The company’s operations encompass a broad spectrum of services, including personal care, skilled nursing, therapy, habilitation and supported living, as well as specialized behavioral health programs delivered through both clinical and non-clinical channels.

Through its network of subsidiary brands, BrightSpring offers integrated care in the patient’s home environment, fostering independence and improving quality of life.