agilon health, inc. (NYSE:AGL) Shares Sold by Wellington Management Group LLP

Wellington Management Group LLP reduced its stake in agilon health, inc. (NYSE:AGL) by 0.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 52,579,488 shares of the company’s stock after selling 303,107 shares during the period. Wellington Management Group LLP owned 0.13% of agilon health worth $99,901,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Oak Thistle LLC bought a new stake in shares of agilon health in the 4th quarter worth approximately $25,000. Ieq Capital LLC acquired a new stake in agilon health in the fourth quarter worth $26,000. Signaturefd LLC lifted its stake in agilon health by 143.0% in the fourth quarter. Signaturefd LLC now owns 14,388 shares of the company’s stock valued at $27,000 after buying an additional 8,467 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of agilon health during the third quarter valued at $28,000. Finally, Raymond James Financial Inc. bought a new position in shares of agilon health during the fourth quarter worth about $33,000.

Wall Street Analyst Weigh In

AGL has been the topic of several recent research reports. Royal Bank of Canada lifted their price objective on shares of agilon health from $3.00 to $3.50 and gave the company an “outperform” rating in a research report on Wednesday, February 26th. Sanford C. Bernstein lifted their price target on agilon health from $2.50 to $3.15 and gave the company a “market perform” rating in a report on Wednesday, January 15th. Stifel Nicolaus increased their price objective on agilon health from $2.00 to $3.00 and gave the stock a “hold” rating in a report on Wednesday, February 26th. Macquarie assumed coverage on agilon health in a research note on Monday, December 16th. They set a “neutral” rating and a $3.00 target price on the stock. Finally, Needham & Company LLC reiterated a “hold” rating on shares of agilon health in a research report on Friday, March 21st. Two investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and two have given a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $3.95.

agilon health Stock Down 1.8 %

NYSE AGL opened at $4.00 on Friday. The company has a market capitalization of $1.65 billion, a P/E ratio of -4.25 and a beta of 0.67. agilon health, inc. has a 12 month low of $1.50 and a 12 month high of $7.73. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.29 and a quick ratio of 1.29. The company’s 50 day simple moving average is $3.73 and its 200 day simple moving average is $3.00.

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.