Calamos Advisors LLC Sells 185,479 Shares of BrightSpring Health Services, Inc. $BTSGU

Calamos Advisors LLC cut its holdings in shares of BrightSpring Health Services, Inc. (NASDAQ:BTSGU) by 54.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 157,427 shares of the company’s stock after selling 185,479 shares during the period. Calamos Advisors LLC’s holdings in BrightSpring Health Services were worth $29,670,000 at the end of the most recent reporting period.

Separately, GABELLI & Co INVESTMENT ADVISERS INC. acquired a new position in shares of BrightSpring Health Services during the first quarter valued at $213,000.

Analysts Set New Price Targets

Separately, Weiss Ratings upgraded shares of BrightSpring Health Services from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday. One analyst has rated the stock with a Hold rating. Based on data from MarketBeat.com, the company has an average rating of “Hold”.

BrightSpring Health Services Price Performance

NASDAQ BTSGU traded up $4.41 on Friday, hitting $220.72. 151,982 shares of the company were exchanged, compared to its average volume of 25,717. BrightSpring Health Services, Inc. has a twelve month low of $105.89 and a twelve month high of $255.51. The company’s 50 day moving average price is $200.24 and its 200-day moving average price is $182.95.

BrightSpring Health Services Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Sunday, November 1st. Shareholders of record on Thursday, October 15th were issued a dividend of $0.8438 per share. This is a boost from BrightSpring Health Services’s previous quarterly dividend of $0.8437. This represents a $3.38 annualized dividend and a yield of 1.5%. The ex-dividend date was Thursday, October 15th.

BrightSpring Health Services Company Profile

BrightSpring Health Services is a provider of home- and community-based health services for people with complex medical, behavioral health, and daily-living needs. Its services are designed to support patients and clients in their homes and communities, as well as in residential settings.

The company’s businesses include pharmacy services, home health and hospice care, behavioral health programs, rehabilitation, and community-based support services. Its pharmacy operations serve individuals and organizations in areas such as long-term care and specialty medication needs.

BrightSpring serves clients across the United States.