Nuveen Asset Management LLC Sells 953,074 Shares of agilon health, inc. (NYSE:AGL)

Nuveen Asset Management LLC lessened its holdings in agilon health, inc. (NYSE:AGL) by 53.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 816,635 shares of the company’s stock after selling 953,074 shares during the quarter. Nuveen Asset Management LLC owned approximately 0.20% of agilon health worth $1,552,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Vanguard Group Inc. grew its position in shares of agilon health by 0.9% during the 4th quarter. Vanguard Group Inc. now owns 31,112,407 shares of the company’s stock worth $59,114,000 after buying an additional 272,787 shares during the period. Capital International Investors grew its position in agilon health by 72.0% in the 4th quarter. Capital International Investors now owns 22,331,873 shares of the company’s stock valued at $42,431,000 after purchasing an additional 9,346,295 shares during the period. Millennium Management LLC grew its position in agilon health by 187.8% in the 4th quarter. Millennium Management LLC now owns 7,212,525 shares of the company’s stock valued at $13,704,000 after purchasing an additional 4,706,357 shares during the period. Geode Capital Management LLC lifted its stake in agilon health by 0.5% during the 4th quarter. Geode Capital Management LLC now owns 6,928,724 shares of the company’s stock valued at $13,168,000 after acquiring an additional 35,207 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its stake in agilon health by 49.2% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 4,541,549 shares of the company’s stock valued at $8,629,000 after acquiring an additional 1,498,524 shares in the last quarter.

Analyst Ratings Changes

AGL has been the topic of several recent analyst reports. TD Cowen raised their price objective on agilon health from $3.50 to $6.00 and gave the company a “hold” rating in a research note on Tuesday, April 15th. Wells Fargo & Company lowered their price objective on agilon health from $6.00 to $5.00 and set an “overweight” rating on the stock in a research note on Tuesday, May 13th. Robert W. Baird reduced their target price on agilon health from $6.00 to $5.00 and set a “neutral” rating for the company in a report on Tuesday, April 15th. Cowen reaffirmed a “hold” rating on shares of agilon health in a report on Tuesday, April 15th. Finally, Stifel Nicolaus lifted their target price on agilon health from $2.00 to $3.00 and gave the company a “hold” rating in a report on Wednesday, February 26th. Two research analysts have rated the stock with a sell rating, eleven have issued a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $4.79.

agilon health Price Performance

Shares of agilon health stock opened at $2.27 on Wednesday. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 0.06. The company has a market cap of $939.67 million, a PE ratio of -2.41 and a beta of 0.38. The business has a 50 day moving average of $3.69 and a 200 day moving average of $3.19. agilon health, inc. has a 52 week low of $1.50 and a 52 week high of $7.73.

agilon health (NYSE:AGL) last issued its quarterly earnings results on Tuesday, May 6th. The company reported $0.03 earnings per share for the quarter, topping the consensus estimate of ($0.01) by $0.04. The company had revenue of $1.53 billion for the quarter, compared to analysts’ expectations of $1.50 billion. agilon health had a negative return on equity of 47.84% and a negative net margin of 6.88%. The firm’s revenue for the quarter was down 4.5% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.02) earnings per share. As a group, equities research analysts forecast that agilon health, inc. will post -0.59 earnings per share for the current year.

agilon health Profile

agilon health, inc. provides healthcare services for seniors through primary care physicians in the communities of the United States. It offers a platform that manages the total healthcare needs of the patients by subscription-like per-member per-month. The company was formerly known as Agilon Health Topco, Inc and changed its name to agilon health, inc.