Comprehensive Money Management Services LLC Buys New Stake in Ramsay Health Care Limited $RMSYF

Comprehensive Money Management Services LLC purchased a new position in shares of Ramsay Health Care Limited (OTCMKTS:RMSYF) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 21,885 shares of the company’s stock, valued at approximately $427,000.

A number of other institutional investors also recently added to or reduced their stakes in RMSYF. Avalon Trust Co acquired a new position in shares of Ramsay Health Care in the 2nd quarter worth approximately $36,000. Global Retirement Partners LLC acquired a new position in Ramsay Health Care during the second quarter worth $128,000. Allworth Financial LP bought a new position in shares of Ramsay Health Care during the second quarter valued at $134,000. Callan Family Office LLC acquired a new stake in shares of Ramsay Health Care in the 2nd quarter valued at $226,000. Finally, Jefferies Financial Group Inc. bought a new stake in shares of Ramsay Health Care in the 2nd quarter worth about $240,000. 13.17% of the stock is owned by institutional investors and hedge funds.

Ramsay Health Care Stock Performance

OTCMKTS RMSYF opened at $29.58 on Friday. Ramsay Health Care Limited has a one year low of $24.61 and a one year high of $30.00. The stock’s 50 day simple moving average is $29.22 and its 200 day simple moving average is $26.43.

Analyst Upgrades and Downgrades

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 report on Thursday. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $54.10.

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.