Aristotle Capital Boston LLC Reduces Position in eHealth, Inc. (NASDAQ:EHTH)

Aristotle Capital Boston LLC cut its holdings in 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 institutional investor 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 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of EHTH. American Century Companies Inc. boosted its position in eHealth by 4.0% during the fourth quarter. American Century Companies Inc. now owns 46,422 shares of the financial services provider's stock valued at $436,000 after buying an additional 1,772 shares during the period. R Squared Ltd purchased a new stake in eHealth during the 4th quarter valued at about $29,000. Sei Investments Co. grew its position in eHealth by 5.3% during the 4th quarter. Sei Investments Co. now owns 110,728 shares of the financial services provider's stock worth $1,041,000 after acquiring an additional 5,622 shares during the last quarter. Jump Financial LLC lifted its position in eHealth by 34.8% in the fourth quarter. Jump Financial LLC now owns 29,710 shares of the financial services provider's stock valued at $279,000 after purchasing an additional 7,678 shares during the last quarter. Finally, Geode Capital Management LLC grew its holdings in shares of eHealth by 2.4% in the fourth quarter. Geode Capital Management LLC now owns 325,972 shares of the financial services provider's stock worth $3,065,000 after purchasing an additional 7,680 shares during the last quarter. Institutional investors own 79.54% of the company's stock.

eHealth Trading Down 3.0 %

EHTH stock traded down $0.16 during midday trading on Friday, reaching $5.21. 156,590 shares of the company traded hands, compared to its average volume of 263,126. The business has a 50 day moving average of $6.56 and a 200-day moving average of $7.34. The firm has a market capitalization of $158.00 million, a price-to-earnings ratio of -1.83 and a beta of 1.11. The company has a debt-to-equity ratio of 0.14, a quick ratio of 3.10 and a current ratio of 3.10. eHealth, Inc. has a 52-week low of $3.58 and a 52-week high of $11.36.

eHealth (NASDAQ:EHTH - Get Free Report) last released its earnings results on Wednesday, May 7th. The financial services provider reported ($0.33) EPS for the quarter, beating analysts' consensus estimates of ($0.41) by $0.08. The firm had revenue of $113.12 million for the quarter, compared to analysts' expectations of $99.46 million. eHealth had a negative return on equity of 5.70% and a negative net margin of 7.58%. 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

EHTH has been the topic of a number of research analyst reports. StockNews.com upgraded eHealth from a "hold" rating to a "buy" rating in a report on Saturday, May 3rd. UBS Group dropped their price target on eHealth from $9.50 to $7.00 and set a "neutral" rating for the company in a research note on Thursday. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company's stock. According to MarketBeat, the company has an average rating of "Hold" and a consensus price target of $6.75.

About eHealth

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.