VIRGINIA RETIREMENT SYSTEMS ET Al Takes Position in Agilon Health, Inc. $AGL

VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in shares of Agilon Health, Inc. (NYSE:AGL) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 29,400 shares of the company’s stock, valued at approximately $68,000.

A number of other institutional investors have also recently made changes to their positions in the company. Inspire Investing LLC grew its position in shares of Agilon Health by 112.9% during the second quarter. Inspire Investing LLC now owns 166,741 shares of the company’s stock valued at $384,000 after purchasing an additional 88,411 shares in the last quarter. Blair William & Co. IL grew its position in shares of Agilon Health by 9.4% during the second quarter. Blair William & Co. IL now owns 156,394 shares of the company’s stock valued at $360,000 after purchasing an additional 13,411 shares in the last quarter. Simplicity Wealth LLC grew its position in shares of Agilon Health by 50.6% during the second quarter. Simplicity Wealth LLC now owns 64,792 shares of the company’s stock valued at $149,000 after purchasing an additional 21,767 shares in the last quarter. 111 Capital purchased a new position in shares of Agilon Health during the second quarter valued at about $36,000. Finally, Asset Advisors Investment Management LLC purchased a new position in shares of Agilon Health during the second quarter valued at about $184,000.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on AGL. Sanford C. Bernstein restated a “market perform” rating and set a $1.40 price objective (down previously from $4.00) on shares of Agilon Health in a research report on Wednesday, August 20th. Zacks Research upgraded Agilon Health from a “strong sell” rating to a “hold” rating in a research report on Tuesday, October 21st. Evercore ISI dropped their price target on Agilon Health from $5.00 to $3.00 and set an “in-line” rating for the company in a research report on Wednesday, July 9th. Benchmark dropped their price target on Agilon Health from $4.00 to $1.50 and set a “buy” rating for the company in a research report on Wednesday, August 6th. Finally, Barclays dropped their price target on Agilon Health from $3.00 to $1.50 and set an “underweight” rating for the company in a research report on Wednesday, August 6th. Four analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $2.81.

Agilon Health Trading Down 2.0%

AGL opened at $0.97 on Monday. The firm has a market cap of $400.33 million, a P/E ratio of -1.25 and a beta of 0.07. Agilon Health, Inc. has a 12 month low of $0.71 and a 12 month high of $6.08. The stock has a 50-day moving average of $1.12 and a 200 day moving average of $2.10.

Agilon Health (NYSE:AGL) last announced its earnings results on Monday, August 4th. The company reported ($0.25) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.11) by ($0.14). Agilon Health had a negative net margin of 5.35% and a negative return on equity of 66.76%. The business had revenue of $1.39 billion for the quarter, compared to analysts’ expectations of $1.47 billion. During the same quarter last year, the firm earned ($0.07) EPS. The firm’s quarterly revenue was down 5.9% on a year-over-year basis. On average, research analysts forecast that Agilon Health, Inc. will post -0.59 earnings per share for the current fiscal year.

Agilon Health Company 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.