Compass Wealth Management LLC Purchases 13,600 Shares of Option Care Health, Inc. (NASDAQ:OPCH)

Compass Wealth Management LLC lifted its stake in shares of Option Care Health, Inc. (NASDAQ:OPCH - Free Report) by 8.9% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 166,078 shares of the company's stock after purchasing an additional 13,600 shares during the quarter. Option Care Health accounts for about 1.5% of Compass Wealth Management LLC's portfolio, making the stock its 17th largest position. Compass Wealth Management LLC owned about 0.10% of Option Care Health worth $5,804,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Murphy & Mullick Capital Management Corp bought a new stake in Option Care Health during the 4th quarter worth approximately $26,000. Signaturefd LLC lifted its position in shares of Option Care Health by 487.9% in the 4th quarter. Signaturefd LLC now owns 1,211 shares of the company's stock worth $28,000 after purchasing an additional 1,005 shares during the period. Quadrant Capital Group LLC lifted its position in shares of Option Care Health by 172.8% in the 4th quarter. Quadrant Capital Group LLC now owns 1,735 shares of the company's stock worth $40,000 after purchasing an additional 1,099 shares during the period. Public Employees Retirement System of Ohio lifted its position in shares of Option Care Health by 21.6% in the 4th quarter. Public Employees Retirement System of Ohio now owns 1,870 shares of the company's stock worth $43,000 after purchasing an additional 332 shares during the period. Finally, Johnson Financial Group Inc. acquired a new position in shares of Option Care Health in the 4th quarter worth approximately $47,000. 98.05% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on OPCH. JMP Securities restated a "market outperform" rating and issued a $36.00 price target on shares of Option Care Health in a research report on Wednesday, June 18th. Barrington Research restated an "outperform" rating and issued a $38.00 price target on shares of Option Care Health in a research report on Wednesday, April 30th. Finally, UBS Group upgraded shares of Option Care Health from a "neutral" rating to a "buy" rating and boosted their target price for the company from $38.00 to $40.00 in a research report on Wednesday, April 30th. One investment analyst has rated the stock with a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat, Option Care Health presently has a consensus rating of "Moderate Buy" and an average price target of $35.50.

Option Care Health Stock Down 0.7%

OPCH stock traded down $0.21 during midday trading on Wednesday, reaching $30.64. 880,568 shares of the company's stock traded hands, compared to its average volume of 1,857,309. The company has a market cap of $5.02 billion, a price-to-earnings ratio of 24.71, a P/E/G ratio of 1.87 and a beta of 0.73. The firm's fifty day moving average price is $31.93 and its 200-day moving average price is $31.26. The company has a quick ratio of 1.02, a current ratio of 1.54 and a debt-to-equity ratio of 0.82. Option Care Health, Inc. has a 52 week low of $21.39 and a 52 week high of $35.53.

Option Care Health (NASDAQ:OPCH - Get Free Report) last announced its quarterly earnings results on Tuesday, April 29th. The company reported $0.40 EPS for the quarter, beating analysts' consensus estimates of $0.36 by $0.04. The business had revenue of $1.33 billion during the quarter, compared to analyst estimates of $1.26 billion. Option Care Health had a net margin of 4.12% and a return on equity of 16.90%. Option Care Health's quarterly revenue was up 16.3% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.26 EPS. As a group, sell-side analysts forecast that Option Care Health, Inc. will post 1.22 earnings per share for the current fiscal year.

Option Care Health Profile

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.