Aristotle Capital Boston LLC Has $5.75 Million Stock Holdings in eHealth, Inc. (NASDAQ:EHTH)

Aristotle Capital Boston LLC trimmed its stake in shares of eHealth, Inc. (NASDAQ:EHTH - Free Report) by 9.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 612,104 shares of the financial services provider's stock after selling 62,304 shares during the period. Aristotle Capital Boston LLC owned about 2.07% of eHealth worth $5,754,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. 683 Capital Management LLC acquired a new stake in eHealth in the fourth quarter valued at approximately $470,000. Jane Street Group LLC raised its stake in shares of eHealth by 43.5% in the 4th quarter. Jane Street Group LLC now owns 108,818 shares of the financial services provider's stock valued at $1,023,000 after acquiring an additional 32,990 shares in the last quarter. Schonfeld Strategic Advisors LLC acquired a new stake in eHealth in the 4th quarter worth approximately $502,000. Paloma Partners Management Co bought a new stake in eHealth during the fourth quarter worth approximately $210,000. Finally, Nantahala Capital Management LLC grew its holdings in eHealth by 5.1% during the fourth quarter. Nantahala Capital Management LLC now owns 2,009,500 shares of the financial services provider's stock valued at $18,889,000 after purchasing an additional 97,679 shares during the last quarter. 79.54% of the stock is currently owned by institutional investors and hedge funds.

eHealth Trading Up 0.9 %

Shares of eHealth stock traded up $0.04 during trading on Tuesday, hitting $4.68. 650,539 shares of the company were exchanged, compared to its average volume of 259,270. The firm has a market capitalization of $141.93 million, a P/E ratio of -1.64 and a beta of 1.11. The firm's fifty day moving average price is $6.68 and its 200 day moving average price is $7.35. The company has a debt-to-equity ratio of 0.14, a current ratio of 3.10 and a quick ratio of 3.10. eHealth, Inc. has a 1-year low of $3.58 and a 1-year high of $11.36.

eHealth (NASDAQ:EHTH - Get Free Report) last released its earnings results on Wednesday, February 26th. The financial services provider reported $2.20 earnings per share for the quarter, beating analysts' consensus estimates of $2.00 by $0.20. eHealth had a negative net margin of 7.58% and a negative return on equity of 5.70%. The business had revenue of $315.18 million during the quarter, compared to the consensus estimate of $293.47 million. As a group, sell-side analysts expect that eHealth, Inc. will post -2.17 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised shares of eHealth from a "hold" rating to a "buy" rating in a research report on Saturday. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $6.38.

eHealth Profile

eHealth, Inc operates a health insurance marketplace that provides consumer engagement, education, and health insurance enrollment solutions in the United States. The company operates in two segments, Medicare; and Employer and Individual. The Medicare segment offers sale of Medicare-related health insurance plans, which includes Medicare advantage, Medicare Supplement, and Medicare Part D prescription drug plans to Medicare-eligible customers including but not limited to, dental, and vision insurance, as well as advertising program for marketing and other services.