Aigen Investment Management LP Acquires New Stake in agilon health, inc. (NYSE:AGL)

Aigen Investment Management LP bought a new position in agilon health, inc. (NYSE:AGL) in the third quarter, according to its most recent disclosure with the SEC. The firm bought 20,016 shares of the company’s stock, valued at approximately $79,000.

A number of other hedge funds and other institutional investors have also modified their holdings of AGL. J.Safra Asset Management Corp increased its stake in shares of agilon health by 626.1% in the 2nd quarter. J.Safra Asset Management Corp now owns 4,204 shares of the company’s stock worth $27,000 after acquiring an additional 3,625 shares during the last quarter. City State Bank acquired a new stake in shares of agilon health in the 3rd quarter worth $52,000. CWM LLC increased its stake in shares of agilon health by 406.5% in the 2nd quarter. CWM LLC now owns 9,081 shares of the company’s stock worth $59,000 after acquiring an additional 7,288 shares during the last quarter. Nisa Investment Advisors LLC acquired a new stake in shares of agilon health in the 2nd quarter worth $60,000. Finally, Bleakley Financial Group LLC acquired a new stake in shares of agilon health in the 1st quarter worth $65,000.

agilon health Stock Performance

Shares of AGL opened at $1.58 on Monday. The stock has a 50-day simple moving average of $3.05 and a 200-day simple moving average of $4.85. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.29 and a current ratio of 1.29. The stock has a market capitalization of $650.99 million, a PE ratio of -1.68 and a beta of 0.60. agilon health, inc. has a 1 year low of $1.58 and a 1 year high of $13.76.

agilon health (NYSE:AGL) last announced its quarterly earnings data on Thursday, November 7th. The company reported ($0.29) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.10) by ($0.19). The company had revenue of $1.45 billion during the quarter, compared to analysts’ expectations of $1.47 billion. agilon health had a negative net margin of 6.88% and a negative return on equity of 47.84%. During the same quarter in the previous year, the business posted ($0.06) EPS. On average, analysts predict that agilon health, inc. will post -0.47 earnings per share for the current fiscal year.

Insider Activity

In other agilon health news, CEO Steven Sell bought 20,000 shares of the business’s stock in a transaction dated Thursday, September 12th. The shares were acquired at an average price of $3.36 per share, with a total value of $67,200.00. Following the transaction, the chief executive officer now owns 67,590 shares of the company’s stock, valued at approximately $227,102.40. The trade was a 42.03 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 3.20% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the company. Stifel Nicolaus lowered their price target on agilon health from $7.00 to $2.00 and set a “hold” rating for the company in a report on Tuesday, November 12th. Evercore ISI lowered their price target on agilon health from $7.00 to $4.00 and set an “in-line” rating for the company in a report on Tuesday, October 8th. Deutsche Bank Aktiengesellschaft lowered their price target on agilon health from $5.00 to $4.00 and set a “hold” rating for the company in a report on Friday, August 9th. Benchmark reiterated a “buy” rating and set a $9.00 price target on shares of agilon health in a report on Thursday, August 8th. Finally, TD Cowen lowered their price target on agilon health from $6.00 to $2.00 and set a “hold” rating for the company in a report on Monday, November 11th. Three analysts have rated the stock with a sell rating, fifteen have given a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, agilon health currently has a consensus rating of “Hold” and an average price target of $6.38.

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.