Surgery Partners, Inc. (NASDAQ:SGRY – Get Rating) insider Bradley R. Owens sold 7,191 shares of the company’s stock in a transaction dated Wednesday, May 17th. The stock was sold at an average price of $36.31, for a total value of $261,105.21. Following the completion of the sale, the insider now owns 74,189 shares in the company, valued at approximately $2,693,802.59. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Surgery Partners Price Performance
Shares of Surgery Partners stock opened at $36.88 on Friday. The company has a fifty day moving average price of $35.34 and a 200 day moving average price of $31.81. The company has a quick ratio of 1.68, a current ratio of 1.83 and a debt-to-equity ratio of 0.86. Surgery Partners, Inc. has a twelve month low of $20.46 and a twelve month high of $41.80.
Surgery Partners (NASDAQ:SGRY – Get Rating) last announced its quarterly earnings results on Monday, May 1st. The company reported $0.05 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.09. The firm had revenue of $666.20 million during the quarter, compared to analysts’ expectations of $644.16 million. Surgery Partners had a negative net margin of 3.51% and a positive return on equity of 0.59%. Equities analysts expect that Surgery Partners, Inc. will post 0.31 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
Hedge Funds Weigh In On Surgery Partners
Several large investors have recently modified their holdings of the stock. FMR LLC increased its stake in shares of Surgery Partners by 2.8% in the first quarter. FMR LLC now owns 18,904,157 shares of the company’s stock valued at $651,626,000 after purchasing an additional 513,573 shares during the period. Wellington Management Group LLP increased its stake in shares of Surgery Partners by 2.2% in the first quarter. Wellington Management Group LLP now owns 6,946,272 shares of the company’s stock valued at $239,438,000 after purchasing an additional 151,794 shares during the period. Durable Capital Partners LP increased its stake in shares of Surgery Partners by 174.3% in the fourth quarter. Durable Capital Partners LP now owns 5,853,995 shares of the company’s stock valued at $163,092,000 after purchasing an additional 3,719,766 shares during the period. Clearbridge Investments LLC boosted its holdings in shares of Surgery Partners by 1.6% in the first quarter. Clearbridge Investments LLC now owns 5,564,807 shares of the company’s stock valued at $191,819,000 after acquiring an additional 85,490 shares in the last quarter. Finally, BlackRock Inc. boosted its holdings in shares of Surgery Partners by 3.9% in the first quarter. BlackRock Inc. now owns 3,807,392 shares of the company’s stock valued at $131,241,000 after acquiring an additional 143,719 shares in the last quarter.
Surgery Partners Company Profile
Surgery Partners, Inc is healthcare services holding company, which engages in the provision of solutions for surgical and related ancillary care in support of its patients and physicians. It operates through the following business segments: Surgical Facility Services, Ancillary Services, and Optical Services.
- Get a free copy of the StockNews.com research report on Surgery Partners (SGRY)
- MarketBeat Week in Review – 5/15 – 5/19
- Applied Materials: Cracks In The Chip Recovery Or Time To Buy?
- Deere & Company Rallies On Farm Equipment Boom, Bullish Outlook
- How Many Roth IRAs Can You Have?
- Why You Should Consider Buying Nvidia Ahead Of Earnings
Receive News & Ratings for Surgery Partners Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Surgery Partners and related companies with MarketBeat.com's FREE daily email newsletter.