State Street Corp Takes $225,000 Position in Nutex Health Inc. (NASDAQ:NUTX)

State Street Corp acquired a new position in shares of Nutex Health Inc. (NASDAQ:NUTX) in the 3rd quarter, HoldingsChannel reports. The fund acquired 10,357 shares of the company’s stock, valued at approximately $225,000.

Several other institutional investors have also recently bought and sold shares of NUTX. Essex Investment Management Co. LLC bought a new position in shares of Nutex Health in the third quarter worth about $1,579,000. International Assets Investment Management LLC acquired a new stake in Nutex Health in the 3rd quarter worth $188,000. Finally, Thompson Davis & CO. Inc. acquired a new position in shares of Nutex Health during the third quarter valued at about $494,000. Institutional investors own 5.32% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the company. Benchmark upped their target price on Nutex Health from $45.00 to $60.00 and gave the company a “buy” rating in a research note on Tuesday, November 12th. Maxim Group raised their price objective on shares of Nutex Health from $45.00 to $50.00 and gave the stock a “buy” rating in a report on Tuesday, November 12th.

Nutex Health Stock Performance

Shares of NUTX stock opened at $33.88 on Friday. The stock has a market cap of $184.21 million, a PE ratio of -3.61 and a beta of 0.12. The stock has a 50-day moving average of $31.67 and a 200-day moving average of $20.79. The company has a debt-to-equity ratio of 3.36, a current ratio of 1.77 and a quick ratio of 1.74. Nutex Health Inc. has a one year low of $4.16 and a one year high of $41.44.

Nutex Health Profile

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.