Comprehensive Money Management Services LLC Takes $427,000 Position in Ramsay Health Care Limited $RMSYF

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

Other hedge funds have also recently added to or reduced their stakes in the company. Avalon Trust Co acquired a new stake in Ramsay Health Care in the 2nd quarter valued at approximately $36,000. Global Retirement Partners LLC acquired a new position in shares of Ramsay Health Care during the second quarter worth approximately $128,000. Allworth Financial LP bought a new stake in shares of Ramsay Health Care in the second quarter valued at approximately $134,000. Callan Family Office LLC bought a new stake in shares of Ramsay Health Care in the second quarter valued at approximately $226,000. Finally, Jefferies Financial Group Inc. acquired a new stake in shares of Ramsay Health Care in the second quarter worth $240,000. Institutional investors own 13.17% of the company’s stock.

Ramsay Health Care Price Performance

Ramsay Health Care stock opened at $29.58 on Friday. The business has a 50 day moving average price of $29.22 and a two-hundred day moving average price of $26.43. Ramsay Health Care Limited has a 12 month low of $24.61 and a 12 month high of $30.00.

Wall Street Analysts Forecast Growth

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, Based on data from MarketBeat, Ramsay Health Care currently has a consensus rating of “Buy” and a consensus target price of $54.10.

About Ramsay Health Care

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.