Nisa Investment Advisors LLC Has $41,000 Holdings in Agilon Health, Inc. (NYSE:AGL)

Nisa Investment Advisors LLC increased its holdings in shares of Agilon Health, Inc. (NYSE:AGL) by 244.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 9,553 shares of the company’s stock after buying an additional 6,783 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Agilon Health were worth $41,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the business. SG Americas Securities LLC raised its stake in shares of Agilon Health by 1,271.3% in the 1st quarter. SG Americas Securities LLC now owns 144,189 shares of the company’s stock valued at $624,000 after purchasing an additional 133,674 shares during the period. Wealth Enhancement Advisory Services LLC raised its stake in shares of Agilon Health by 21.8% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 99,697 shares of the company’s stock valued at $432,000 after purchasing an additional 17,866 shares during the period. Price T Rowe Associates Inc. MD grew its holdings in shares of Agilon Health by 41.0% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 338,529 shares of the company’s stock valued at $644,000 after acquiring an additional 98,377 shares in the last quarter. Cerity Partners LLC bought a new position in shares of Agilon Health in the 4th quarter valued at about $34,000. Finally, MetLife Investment Management LLC grew its holdings in shares of Agilon Health by 4.0% in the 4th quarter. MetLife Investment Management LLC now owns 174,551 shares of the company’s stock valued at $332,000 after acquiring an additional 6,762 shares in the last quarter.

Agilon Health Trading Down 1.8%

Shares of NYSE AGL opened at $2.13 on Friday. The firm’s 50-day moving average price is $2.29 and its 200-day moving average price is $3.25. Agilon Health, Inc. has a 1-year low of $1.50 and a 1-year high of $7.62. The firm has a market capitalization of $881.71 million, a P/E ratio of -3.61 and a beta of 0.16.

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

Wall Street Analyst Weigh In

A number of research firms recently commented on AGL. Evercore ISI reduced their price target on Agilon Health from $5.00 to $3.00 and set an “in-line” rating for the company in a report on Wednesday, July 9th. Cowen restated a “hold” rating on shares of Agilon Health in a research report on Tuesday, April 15th. Wells Fargo & Company cut their price objective on shares of Agilon Health from $6.00 to $5.00 and set an “overweight” rating for the company in a research report on Tuesday, May 13th. Citigroup upgraded shares of Agilon Health from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $3.25 to $5.00 in a research report on Friday, April 25th. Finally, Barclays raised their price objective on shares of Agilon Health from $2.00 to $3.00 and gave the stock an “underweight” rating in a research report on Thursday, May 8th. Two investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, Agilon Health presently has an average rating of “Hold” and a consensus target price of $4.71.

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.