20,761 Shares in Option Care Health, Inc. (NASDAQ:OPCH) Acquired by Fox Run Management L.L.C.

Fox Run Management L.L.C. purchased a new stake in Option Care Health, Inc. (NASDAQ:OPCH) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 20,761 shares of the company’s stock, valued at approximately $482,000.

Several other large investors have also recently modified their holdings of the business. UMB Bank n.a. raised its position in Option Care Health by 41.7% during the 4th quarter. UMB Bank n.a. now owns 1,176 shares of the company’s stock worth $27,000 after purchasing an additional 346 shares during the last quarter. Signaturefd LLC increased its stake in shares of Option Care Health by 487.9% in the fourth quarter. Signaturefd LLC now owns 1,211 shares of the company’s stock valued at $28,000 after buying an additional 1,005 shares during the period. Quarry LP raised its position in shares of Option Care Health by 327.7% during the third quarter. Quarry LP now owns 3,430 shares of the company’s stock worth $107,000 after acquiring an additional 2,628 shares during the last quarter. Blue Trust Inc. lifted its stake in shares of Option Care Health by 16.9% in the fourth quarter. Blue Trust Inc. now owns 4,703 shares of the company’s stock worth $109,000 after acquiring an additional 681 shares during the period. Finally, Venturi Wealth Management LLC boosted its holdings in Option Care Health by 2,621.3% in the fourth quarter. Venturi Wealth Management LLC now owns 4,735 shares of the company’s stock valued at $110,000 after acquiring an additional 4,561 shares during the last quarter. Institutional investors own 98.05% of the company’s stock.

Insider Buying and Selling

In other Option Care Health news, insider Michael Bavaro sold 30,996 shares of the business’s stock in a transaction that occurred on Friday, February 28th. The stock was sold at an average price of $33.26, for a total transaction of $1,030,926.96. Following the completion of the sale, the insider now directly owns 44,974 shares of the company’s stock, valued at approximately $1,495,835.24. The trade was a 40.80 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.64% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

OPCH has been the topic of a number of recent analyst reports. JMP Securities restated a “market outperform” rating and issued a $30.00 price target (down previously from $31.00) on shares of Option Care Health in a research report on Friday, January 10th. Jefferies Financial Group upgraded Option Care Health from a “hold” rating to a “buy” rating and lifted their target price for the stock from $26.00 to $35.00 in a report on Thursday, January 23rd. Barrington Research increased their price target on Option Care Health from $33.00 to $38.00 and gave the stock an “outperform” rating in a report on Thursday, February 27th. Bank of America raised shares of Option Care Health from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $26.00 to $33.00 in a research report on Monday, January 13th. Finally, JPMorgan Chase & Co. increased their target price on shares of Option Care Health from $40.00 to $41.00 and gave the stock an “overweight” rating in a research note on Thursday, March 6th. Two investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $33.00.

Option Care Health Stock Up 1.4 %

Option Care Health stock opened at $35.18 on Wednesday. The firm has a market capitalization of $5.78 billion, a price-to-earnings ratio of 29.56, a price-to-earnings-growth ratio of 2.30 and a beta of 1.33. The firm’s fifty day moving average price is $32.11 and its two-hundred day moving average price is $28.33. Option Care Health, Inc. has a 1-year low of $21.39 and a 1-year high of $35.44. The company has a current ratio of 1.73, a quick ratio of 1.32 and a debt-to-equity ratio of 0.77.

About Option Care Health

Option Care Health, Inc offers home and alternate site infusion services in the United States. The company provides anti-infective therapies; home infusion services to treat heart failures; home parenteral nutrition and enteral nutrition support services for numerous acute and chronic conditions, such as stroke, cancer, and gastrointestinal diseases; immunoglobulin infusion therapies for the treatment of immune deficiencies; and treatments for chronic inflammatory disorders, including crohn’s disease, plaque psoriasis, psoriatic arthritis, rheumatoid arthritis, ulcerative colitis, and other chronic inflammatory disorders.