VIRGINIA RETIREMENT SYSTEMS ET Al Takes $906,000 Position in Nutex Health Inc. $NUTX

VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in shares of Nutex Health Inc. (NASDAQ:NUTX - Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 5,300 shares of the company's stock, valued at approximately $906,000. VIRGINIA RETIREMENT SYSTEMS ET Al owned 0.08% of Nutex Health as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the business. California State Teachers Retirement System increased its position in Nutex Health by 25,615.8% in the second quarter. California State Teachers Retirement System now owns 934,768 shares of the company's stock worth $159,743,000 after buying an additional 931,133 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in Nutex Health by 81.9% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,399 shares of the company's stock valued at $752,000 after buying an additional 1,980 shares during the last quarter. Empowered Funds LLC acquired a new position in shares of Nutex Health during the second quarter valued at $7,720,000. United Capital Financial Advisors LLC acquired a new position in shares of Nutex Health during the second quarter valued at $722,000. Finally, Corient Private Wealth LP bought a new position in shares of Nutex Health during the second quarter worth about $1,142,000. Institutional investors own 5.32% of the company's stock.

Nutex Health Stock Performance

Shares of NASDAQ:NUTX opened at $200.24 on Monday. The stock has a market capitalization of $1.37 billion, a price-to-earnings ratio of 7.86 and a beta of 0.28. Nutex Health Inc. has a 1-year low of $83.99 and a 1-year high of $204.00. The company has a debt-to-equity ratio of 0.59, a quick ratio of 4.96 and a current ratio of 5.00. The company has a 50 day moving average price of $176.69 and a 200 day moving average price of $140.29.

Nutex Health (NASDAQ:NUTX - Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The company reported $9.38 earnings per share for the quarter, topping the consensus estimate of $4.95 by $4.43. Nutex Health had a return on equity of 39.74% and a net margin of 21.25%.The business had revenue of $210.75 million during the quarter, compared to analyst estimates of $215.03 million. On average, research analysts anticipate that Nutex Health Inc. will post 27.58 EPS for the current fiscal year.

Analyst Ratings Changes

NUTX has been the subject of several recent analyst reports. B. Riley Financial upped their target price on shares of Nutex Health from $290.00 to $325.00 and gave the stock a "buy" rating in a research report on Friday, September 4th. Zacks Research upgraded shares of Nutex Health from a "hold" rating to a "strong-buy" rating in a research note on Monday, August 24th. Lake Street Capital reaffirmed a "buy" rating and set a $310.00 price target (up from $235.00) on shares of Nutex Health in a report on Tuesday, August 11th. Weiss Ratings upgraded Nutex Health from a "hold (c)" rating to a "hold (c+)" rating in a research report on Tuesday, July 28th. Finally, B Riley reissued a "buy" rating on shares of Nutex Health in a report on Friday, September 4th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has issued a Hold rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Buy" and an average target price of $317.50.

Nutex Health Company Profile

Nutex Health Inc NASDAQ: NUTX is a physician-led healthcare services company that operates an integrated network of hospitals, outpatient facilities and physician practices. The company focuses on delivering emergency, inpatient and outpatient care through community-based healthcare facilities, including micro-hospitals designed to provide essential hospital services in convenient local settings.

Its services may include emergency medicine, primary care, specialty care, diagnostic testing, imaging, laboratory services and other ancillary healthcare offerings.

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