Published on 29 Mar 2024 on Insider Monkey via Yahoo Finance
Multiple Reasons Led to the Fall of Envista Holdings Corporation (NVST) in Q4
TimesSquare Capital Management, an equity investment management company, released its “U.S. Mid Cap Growth Strategy” fourth-quarter investor letter. A copy of the same can be downloaded here. In the fourth quarter, the strategy underperformed the Russell Midcap Growth Index and returned 13.66% (gross) and 13.44% (net) while the index return was -14.55%. In addition, please check the fund’s top five holdings to know its best picks in 2023.
TimesSquare Capital U.S. Mid Cap Growth Strategy featured stocks like Envista Holdings Corporation (NYSE:NVST) in the fourth quarter 2023 investor letter. Headquartered in Brea, California, Envista Holdings Corporation (NYSE:NVST) engages in the business of dental products. On March 28, 2024, Envista Holdings Corporation (NYSE:NVST) stock closed at $21.38 per share. One-month return of Envista Holdings Corporation (NYSE:NVST) was 3.54%, and its shares lost 46.36% of their value over the last 52 weeks. Envista Holdings Corporation (NYSE:NVST) has a market capitalization of $3.668 billion.
TimesSquare Capital U.S. Mid Cap Growth Strategy stated the following regarding Envista Holdings Corporation (NYSE:NVST) in its fourth quarter 2023 investor letter: