Canada Pension Plan Investment Board Makes New Investment in agilon health, inc. (NYSE:AGL)

Canada Pension Plan Investment Board acquired a new stake in shares of agilon health, inc. (NYSE:AGL - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 100,300 shares of the company's stock, valued at approximately $191,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Oak Thistle LLC acquired a new stake in agilon health in the 4th quarter worth about $25,000. Ieq Capital LLC acquired a new position in shares of agilon health in the 4th quarter valued at $26,000. Signaturefd LLC increased its holdings in shares of agilon health by 143.0% during the 4th quarter. Signaturefd LLC now owns 14,388 shares of the company's stock worth $27,000 after buying an additional 8,467 shares during the last quarter. Raymond James Financial Inc. purchased a new position in shares of agilon health in the 4th quarter worth $33,000. Finally, Cerity Partners LLC acquired a new position in agilon health in the fourth quarter valued at $34,000.

Wall Street Analyst Weigh In

A number of research firms have recently commented on AGL. JMP Securities restated a "market perform" rating on shares of agilon health in a report on Monday. Royal Bank of Canada lifted their price target on shares of agilon health from $3.00 to $3.50 and gave the company an "outperform" rating in a research report on Wednesday, February 26th. TD Cowen increased their price objective on shares of agilon health from $3.50 to $6.00 and gave the stock a "hold" rating in a research report on Tuesday, April 15th. Robert W. Baird reduced their target price on shares of agilon health from $6.00 to $5.00 and set a "neutral" rating on the stock in a report on Tuesday, April 15th. Finally, Citigroup upgraded agilon health from a "neutral" rating to a "buy" rating and increased their price target for the company from $3.25 to $5.00 in a report on Friday, April 25th. Two equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $4.81.

agilon health Stock Down 6.7 %

Shares of AGL stock traded down $0.29 during mid-day trading on Thursday, reaching $3.98. 1,343,718 shares of the company were exchanged, compared to its average volume of 4,845,742. 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 business's 50 day simple moving average is $4.21 and its 200 day simple moving average is $3.16. The company has a market capitalization of $1.64 billion, a P/E ratio of -4.23 and a beta of 0.38. agilon health, inc. has a fifty-two week low of $1.50 and a fifty-two week high of $7.73.

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.