Quantbot Technologies LP Invests $552,000 in Ramsay Health Care Limited $RMSYF

Quantbot Technologies LP acquired a new stake in Ramsay Health Care Limited (OTCMKTS:RMSYF) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 28,295 shares of the company’s stock, valued at approximately $552,000.

Several other institutional investors and hedge funds also recently made changes to their positions in RMSYF. Westpac Banking Corp bought a new stake in Ramsay Health Care in the second quarter worth $2,701,000. Landscape Capital Management L.L.C. purchased a new position in shares of Ramsay Health Care in the second quarter worth about $674,000. Callan Family Office LLC bought a new stake in shares of Ramsay Health Care in the 2nd quarter valued at about $226,000. Allworth Financial LP bought a new stake in shares of Ramsay Health Care in the 2nd quarter valued at about $134,000. Finally, Advisors Capital Management LLC purchased a new stake in Ramsay Health Care during the 2nd quarter valued at about $49,328,000. Institutional investors own 13.17% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Ramsay Health Care Price Performance

Shares of RMSYF opened at $29.58 on Friday. Ramsay Health Care Limited has a twelve month low of $24.61 and a twelve month high of $30.00. The firm has a fifty day simple moving average of $29.22 and a two-hundred day simple moving average of $26.43.

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.