Agilon Health, Inc. (NYSE:AGL) Stake Boosted by Rhumbline Advisers

Rhumbline Advisers raised its holdings in shares of Agilon Health, Inc. (NYSE:AGL) by 4.8% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 439,781 shares of the company’s stock after acquiring an additional 20,194 shares during the quarter. Rhumbline Advisers owned approximately 0.11% of Agilon Health worth $1,904,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Wealth Enhancement Advisory Services LLC acquired a new stake in shares of Agilon Health during the 4th quarter valued at about $155,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in Agilon Health by 24.6% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 797,658 shares of the company’s stock valued at $1,516,000 after acquiring an additional 157,610 shares during the period. Two Sigma Advisers LP boosted its stake in Agilon Health by 4,393.5% in the fourth quarter. Two Sigma Advisers LP now owns 480,800 shares of the company’s stock worth $914,000 after purchasing an additional 470,100 shares in the last quarter. Two Sigma Investments LP increased its position in Agilon Health by 73.7% in the fourth quarter. Two Sigma Investments LP now owns 857,867 shares of the company’s stock worth $1,630,000 after purchasing an additional 363,855 shares during the period. Finally, State of Wyoming lifted its position in Agilon Health by 89.3% during the 4th quarter. State of Wyoming now owns 122,504 shares of the company’s stock valued at $233,000 after purchasing an additional 57,802 shares during the period.

Analyst Ratings Changes

AGL has been the topic of a number of research analyst reports. Royal Bank Of Canada raised their price target on Agilon Health from $3.00 to $3.50 and gave the stock an “outperform” rating in a research report on Wednesday, February 26th. Citigroup upgraded Agilon Health from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $3.25 to $5.00 in a research note on Friday, April 25th. Robert W. Baird dropped their price target on Agilon Health from $6.00 to $5.00 and set a “neutral” rating for the company in a report on Tuesday, April 15th. Barclays lifted their price objective on Agilon Health from $2.00 to $3.00 and gave the company an “underweight” rating in a report on Thursday, May 8th. Finally, Needham & Company LLC restated a “hold” rating on shares of Agilon Health in a research report on Friday, March 21st. Two equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $4.79.

Agilon Health Trading Down 3.0%

AGL stock opened at $2.12 on Wednesday. The stock’s 50 day simple moving average is $3.23 and its 200 day simple moving average is $3.21. The stock has a market capitalization of $875.50 million, a PE ratio of -3.58 and a beta of 0.14. Agilon Health, Inc. has a 12-month low of $1.50 and a 12-month high of $7.73.

Agilon Health (NYSE:AGL) last posted its quarterly earnings data on Tuesday, May 6th. The company reported $0.03 EPS for the quarter, topping the consensus estimate of ($0.01) by $0.04. Agilon Health had a negative return on equity of 45.47% and a negative net margin of 4.04%. The firm had revenue of $1.53 billion during the quarter, compared to analyst estimates of $1.50 billion. During the same period in the prior year, the business posted ($0.02) EPS. Agilon Health’s revenue was down 4.5% on a year-over-year basis. On average, research analysts predict that Agilon Health, Inc. will post -0.59 earnings per share for the current year.

About Agilon Health

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.