Arizona PSPRS Trust Invests $895,000 in agilon health, inc. (NYSE:AGL)

Arizona PSPRS Trust acquired a new stake in agilon health, inc. (NYSE:AGL) in the third quarter, according to the company in its most recent filing with the SEC. The firm acquired 227,800 shares of the company’s stock, valued at approximately $895,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Citigroup Inc. increased its stake in shares of agilon health by 2,251.5% in the third quarter. Citigroup Inc. now owns 2,028,246 shares of the company’s stock valued at $7,971,000 after buying an additional 1,941,993 shares during the period. AQR Capital Management LLC boosted its holdings in agilon health by 3,338.5% in the second quarter. AQR Capital Management LLC now owns 1,356,438 shares of the company’s stock valued at $8,871,000 after acquiring an additional 1,316,990 shares during the last quarter. Quantbot Technologies LP bought a new position in agilon health during the 3rd quarter worth approximately $1,742,000. Susquehanna Fundamental Investments LLC lifted its position in shares of agilon health by 65.0% in the 2nd quarter. Susquehanna Fundamental Investments LLC now owns 804,594 shares of the company’s stock worth $5,262,000 after purchasing an additional 316,856 shares during the period. Finally, Healthcare of Ontario Pension Plan Trust Fund acquired a new stake in shares of agilon health during the second quarter worth $1,849,000.

Insider Buying and Selling

In other agilon health news, CEO Steven Sell acquired 20,000 shares of the business’s stock in a transaction on 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 completion of the transaction, the chief executive officer now owns 67,590 shares in the company, valued at approximately $227,102.40. This trade represents a 42.03 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. 3.20% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of brokerages have commented on AGL. TD Cowen cut their price target on shares of agilon health from $6.00 to $2.00 and set a “hold” rating on the stock in a research report on Monday, November 11th. Citigroup decreased their target price on agilon health from $2.50 to $1.75 and set a “sell” rating for the company in a research note on Wednesday, November 13th. Royal Bank of Canada reissued an “outperform” rating and issued a $3.00 price target on shares of agilon health in a research note on Tuesday, November 19th. Benchmark reaffirmed a “buy” rating and set a $9.00 price objective on shares of agilon health in a research report on Thursday, August 8th. Finally, William Blair downgraded shares of agilon health from an “outperform” rating to a “market perform” rating in a research report on Friday, November 8th. Three investment analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $6.05.

agilon health Stock Performance

Shares of AGL opened at $2.09 on Monday. agilon health, inc. has a 52 week low of $1.50 and a 52 week high of $13.76. 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 50 day moving average price of $2.73 and a two-hundred day moving average price of $4.63. The firm has a market capitalization of $861.12 million, a P/E ratio of -2.22 and a beta of 0.60.

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