404,299 Shares in agilon health, inc. (NYSE:AGL) Purchased by Point72 Asset Management L.P.

Point72 Asset Management L.P. bought a new stake in shares of agilon health, inc. (NYSE:AGL - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 404,299 shares of the company's stock, valued at approximately $768,000. Point72 Asset Management L.P. owned 0.10% of agilon health as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in AGL. Ieq Capital LLC bought a new position in shares of agilon health during the 4th quarter worth approximately $26,000. Signaturefd LLC lifted its holdings in shares of agilon health by 143.0% in the 4th quarter. Signaturefd LLC now owns 14,388 shares of the company's stock worth $27,000 after purchasing an additional 8,467 shares in the last quarter. Humankind Investments LLC bought a new position in shares of agilon health in the 4th quarter worth $30,000. Raymond James Financial Inc. bought a new position in shares of agilon health in the 4th quarter worth $33,000. Finally, Cerity Partners LLC bought a new position in shares of agilon health in the 4th quarter worth $34,000.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on AGL shares. Sanford C. Bernstein upgraded agilon health from a "market perform" rating to an "outperform" rating and increased their target price for the stock from $3.30 to $8.50 in a report on Tuesday, April 8th. Needham & Company LLC reiterated a "hold" rating on shares of agilon health in a report on Friday, March 21st. Cowen reiterated a "hold" rating on shares of agilon health in a report on Tuesday, April 15th. Wells Fargo & Company cut their target price on agilon health from $6.00 to $5.00 and set an "overweight" rating on the stock in a report on Tuesday, May 13th. Finally, The Goldman Sachs Group increased their target price on agilon health from $2.50 to $5.00 and gave the stock a "neutral" rating in a report on Thursday, May 8th. Two analysts have rated the stock with a sell rating, twelve have assigned a hold rating and five have issued a buy rating to the stock. According to MarketBeat.com, agilon health has an average rating of "Hold" and a consensus price target of $4.79.

agilon health Stock Performance

Shares of agilon health stock traded down $0.02 during trading hours on Tuesday, hitting $2.21. 2,726,608 shares of the company's stock traded hands, compared to its average volume of 4,943,083. agilon health, inc. has a 12-month low of $1.50 and a 12-month high of $7.73. The stock has a market capitalization of $912.76 million, a price-to-earnings ratio of -2.35 and a beta of 0.38. The company has a fifty day simple moving average of $3.96 and a 200-day simple moving average of $3.18. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.29 and a quick ratio of 1.29.

agilon health (NYSE:AGL - Get Free Report) last announced its earnings results on Tuesday, May 6th. The company reported $0.03 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.01) by $0.04. agilon health had a negative return on equity of 47.84% and a negative net margin of 6.88%. The firm had revenue of $1.53 billion during the quarter, compared to analyst estimates of $1.50 billion. During the same period last year, the firm posted ($0.02) EPS. The business's revenue was down 4.5% compared to the same quarter last year. Equities research analysts anticipate that agilon health, inc. will post -0.59 EPS for the current fiscal year.

agilon health Profile

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.