Nutex Health Inc. $NUTX Shares Sold by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP cut its stake in shares of Nutex Health Inc. (NASDAQ:NUTX) by 25.9% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 11,884 shares of the company’s stock after selling 4,161 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Nutex Health were worth $1,128,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Bank of America Corp DE raised its holdings in Nutex Health by 6,590.3% during the fourth quarter. Bank of America Corp DE now owns 2,074 shares of the company’s stock worth $66,000 after purchasing an additional 2,043 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in Nutex Health by 17.9% in the first quarter. Goldman Sachs Group Inc. now owns 18,119 shares of the company’s stock valued at $852,000 after buying an additional 2,748 shares in the last quarter. Jane Street Group LLC acquired a new stake in shares of Nutex Health during the 1st quarter valued at approximately $522,000. JPMorgan Chase & Co. increased its position in shares of Nutex Health by 41,430.0% in the second quarter. JPMorgan Chase & Co. now owns 8,306 shares of the company’s stock valued at $1,034,000 after buying an additional 8,286 shares in the last quarter. Finally, Legal & General Group Plc purchased a new position in shares of Nutex Health during the 2nd quarter worth approximately $454,000. 5.32% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the company. Lake Street Capital reissued a “buy” rating and set a $310.00 price target (up from $235.00) on shares of Nutex Health in a research note on Tuesday. Wall Street Zen cut shares of Nutex Health from a “strong-buy” rating to a “buy” rating in a research report on Monday, July 20th. Weiss Ratings upgraded shares of Nutex Health from a “hold (c)” rating to a “hold (c+)” rating in a report on Tuesday, July 28th. Zacks Research raised shares of Nutex Health to a “hold” rating in a research report on Monday, June 29th. Finally, B. Riley Financial assumed coverage on shares of Nutex Health in a research note on Friday, June 26th. They set a “buy” rating and a $290.00 price target on the stock. Three investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, Nutex Health has an average rating of “Moderate Buy” and a consensus target price of $268.33.

Nutex Health Stock Performance

Shares of NASDAQ NUTX opened at $187.42 on Friday. The firm’s 50-day moving average price is $162.37 and its two-hundred day moving average price is $130.19. The stock has a market capitalization of $1.28 billion, a P/E ratio of 7.36 and a beta of 0.24. The company has a quick ratio of 3.12, a current ratio of 5.00 and a debt-to-equity ratio of 0.59. Nutex Health Inc. has a 52-week low of $77.21 and a 52-week high of $204.00.

Nutex Health (NASDAQ:NUTX) last issued its quarterly earnings data on Thursday, August 6th. The company reported $9.38 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.95 by $4.43. The business had revenue of $210.75 million during the quarter, compared to analyst estimates of $215.03 million. Nutex Health had a return on equity of 39.74% and a net margin of 21.25%. As a group, sell-side analysts forecast that Nutex Health Inc. will post 30.11 earnings per share for the current year.

Nutex Health Profile

Nutex Health, Inc (NASDAQ: NUTX) is an integrated outpatient healthcare services company based in San Antonio, Texas. The company focuses on delivering a range of ambulatory care solutions, including urgent care, telemedicine, medical imaging, teleradiology, weight?loss services and behavioral health support. By combining in?person clinics with virtual care capabilities, Nutex Health aims to provide patients with accessible, cost?effective treatment options outside traditional hospital settings.

The company’s urgent care network operates through both standalone and retail?anchored centers, offering treatment for non?life?threatening injuries and illnesses, preventive screenings and basic primary care.