Quantbot Technologies LP Makes New $552,000 Investment in Ramsay Health Care Limited $RMSYF

Quantbot Technologies LP purchased a new stake in Ramsay Health Care Limited (OTCMKTS:RMSYF) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 28,295 shares of the company’s stock, valued at approximately $552,000.

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

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group raised shares of Ramsay Health Care to a “buy” rating and set a $54.10 price target for the company in a research note on Thursday. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of $54.10.

Ramsay Health Care Stock Performance

OTCMKTS RMSYF opened at $29.58 on Friday. The stock’s 50-day simple moving average is $29.22 and its two-hundred day simple moving average is $26.43. Ramsay Health Care Limited has a twelve month low of $24.61 and a twelve month high of $30.00.

Ramsay Health Care Company Profile

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.