Voya Investment Management LLC Purchases 1,138,965 Shares of BrightSpring Health Services, Inc. $BTSG

Voya Investment Management LLC grew its position in shares of BrightSpring Health Services, Inc. (NASDAQ:BTSG) by 556.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,343,775 shares of the company’s stock after buying an additional 1,138,965 shares during the period. Voya Investment Management LLC owned 0.76% of BrightSpring Health Services worth $39,722,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in BTSG. EverSource Wealth Advisors LLC purchased a new stake in BrightSpring Health Services during the second quarter valued at about $43,000. Sandia Investment Management LP bought a new stake in shares of BrightSpring Health Services in the second quarter valued at approximately $118,000. Penserra Capital Management LLC purchased a new stake in shares of BrightSpring Health Services during the 2nd quarter valued at approximately $139,000. PNC Financial Services Group Inc. boosted its holdings in BrightSpring Health Services by 1,532.2% in the 2nd quarter. PNC Financial Services Group Inc. now owns 8,161 shares of the company’s stock worth $193,000 after buying an additional 7,661 shares during the period. Finally, Ameritas Investment Partners Inc. grew its stake in BrightSpring Health Services by 59.1% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 8,559 shares of the company’s stock valued at $202,000 after buying an additional 3,180 shares in the last quarter.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on BTSG shares. UBS Group increased their target price on BrightSpring Health Services from $35.00 to $42.00 and gave the stock a “buy” rating in a research report on Wednesday, October 29th. CJS Securities raised BrightSpring Health Services to a “strong-buy” rating in a report on Thursday, December 11th. KeyCorp upgraded BrightSpring Health Services from a “sector weight” rating to an “overweight” rating and set a $45.00 target price for the company in a research note on Friday, December 12th. Weiss Ratings reiterated a “hold (c)” rating on shares of BrightSpring Health Services in a research report on Monday, December 15th. Finally, BMO Capital Markets initiated coverage on shares of BrightSpring Health Services in a research report on Thursday, November 13th. They issued an “outperform” rating and a $40.00 price objective for the company. Two analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, BrightSpring Health Services has a consensus rating of “Buy” and a consensus price target of $39.08.

Insider Buying and Selling at BrightSpring Health Services

In related news, insider Lisa A. Nalley sold 20,000 shares of the stock in a transaction on Wednesday, October 22nd. The stock was sold at an average price of $28.78, for a total value of $575,600.00. Following the transaction, the insider owned 131,150 shares of the company’s stock, valued at $3,774,497. This represents a 13.23% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Jon B. Rousseau sold 235,000 shares of the firm’s stock in a transaction dated Wednesday, October 22nd. The shares were sold at an average price of $28.78, for a total value of $6,763,300.00. Following the sale, the insider owned 1,131,930 shares in the company, valued at $32,576,945.40. The trade was a 17.19% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 3.40% of the company’s stock.

BrightSpring Health Services Stock Performance

Shares of BTSG opened at $37.49 on Friday. BrightSpring Health Services, Inc. has a 12-month low of $15.26 and a 12-month high of $37.94. The company has a current ratio of 1.79, a quick ratio of 1.38 and a debt-to-equity ratio of 1.36. The company has a market cap of $6.76 billion, a PE ratio of 61.46, a price-to-earnings-growth ratio of 0.66 and a beta of 2.36. The stock has a 50-day moving average price of $33.77 and a 200-day moving average price of $27.15.

BrightSpring Health Services (NASDAQ:BTSG) last announced its earnings results on Monday, October 20th. The company reported $0.30 earnings per share for the quarter, beating analysts’ consensus estimates of $0.27 by $0.03. BrightSpring Health Services had a net margin of 1.04% and a return on equity of 11.61%. The business had revenue of $3.33 billion for the quarter, compared to the consensus estimate of $3.16 billion. BrightSpring Health Services has set its Q3 2025 guidance at 0.300-0.300 EPS. As a group, equities analysts forecast that BrightSpring Health Services, Inc. will post 0.59 earnings per share for the current fiscal year.

BrightSpring Health Services Company 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.