Informed Momentum Co LLC bought a new stake in Nutex Health Inc. (NASDAQ:NUTX - Free Report) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 18,457 shares of the company's stock, valued at approximately $868,000. Informed Momentum Co LLC owned about 0.33% of Nutex Health at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently made changes to their positions in the company. Bank of America Corp DE boosted its position in shares of Nutex Health by 6,590.3% in the fourth quarter. Bank of America Corp DE now owns 2,074 shares of the company's stock valued at $66,000 after acquiring an additional 2,043 shares during the period. Northern Trust Corp purchased a new position in Nutex Health during the 4th quarter valued at $200,000. Millennium Management LLC bought a new stake in shares of Nutex Health during the 4th quarter valued at about $213,000. OMERS ADMINISTRATION Corp bought a new stake in shares of Nutex Health during the 4th quarter valued at about $231,000. Finally, XTX Topco Ltd purchased a new stake in shares of Nutex Health in the 4th quarter worth about $251,000. Hedge funds and other institutional investors own 5.32% of the company's stock.
Analysts Set New Price Targets
A number of analysts have recently issued reports on the stock. Wall Street Zen downgraded shares of Nutex Health from a "strong-buy" rating to a "buy" rating in a report on Thursday, May 22nd. Maxim Group increased their price objective on shares of Nutex Health from $100.00 to $225.00 and gave the stock a "buy" rating in a research note on Tuesday, May 20th. Finally, Benchmark increased their price objective on shares of Nutex Health from $150.00 to $300.00 and gave the stock a "buy" rating in a research note on Thursday, May 15th.
Check Out Our Latest Stock Analysis on NUTX
Nutex Health Trading Down 16.4%
Shares of NASDAQ NUTX traded down $18.22 during mid-day trading on Friday, reaching $92.91. 543,901 shares of the company's stock were exchanged, compared to its average volume of 272,879. The firm has a market capitalization of $516.58 million, a price-to-earnings ratio of 7.81 and a beta of 0.05. The company has a debt-to-equity ratio of 1.02, a quick ratio of 2.26 and a current ratio of 2.27. Nutex Health Inc. has a 52-week low of $13.06 and a 52-week high of $184.27. The company's 50-day moving average is $109.13 and its 200-day moving average is $100.66.
About Nutex Health
(
Free Report)
Nutex Health Inc operates as a physician-led, healthcare services, and operations company. It operates through three segments: Hospital, Population Health Management (PHM), and Real Estate. The PHM segment establishes and operates independent physician associations; and offers a cloud-based platform for healthcare organizations to provide value-based care and population health management.
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