Northern Trust Corp Has $5.63 Million Stake in agilon health, inc. (NYSE:AGL)

Northern Trust Corp grew its position in agilon health, inc. (NYSE:AGL - Free Report) by 13.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,962,350 shares of the company's stock after purchasing an additional 340,304 shares during the period. Northern Trust Corp owned about 0.72% of agilon health worth $5,628,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of AGL. Ieq Capital LLC acquired a new position in shares of agilon health during the 4th quarter valued at about $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 valued at $27,000 after acquiring an additional 8,467 shares during the last quarter. Raymond James Financial Inc. acquired a new position in shares of agilon health during the 4th quarter valued at about $33,000. Cerity Partners LLC acquired a new position in shares of agilon health during the 4th quarter valued at about $34,000. Finally, Huntington National Bank acquired a new position in shares of agilon health during the 4th quarter valued at about $42,000.

agilon health Stock Performance

Shares of AGL stock traded up $0.03 during mid-day trading on Friday, reaching $2.23. The stock had a trading volume of 3,330,248 shares, compared to its average volume of 4,946,334. The firm's 50 day simple moving average is $4.00 and its 200 day simple moving average is $3.18. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 0.06. agilon health, inc. has a one year low of $1.50 and a one year high of $7.73. The firm has a market cap of $921.04 million, a PE ratio of -2.37 and a beta of 0.38.

agilon health (NYSE:AGL - Get Free Report) last announced its quarterly earnings data on Tuesday, May 6th. The company reported $0.03 EPS for the quarter, topping analysts' consensus estimates 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 company had revenue of $1.53 billion during the quarter, compared to the consensus estimate of $1.50 billion. During the same quarter last year, the company earned ($0.02) EPS. The company's quarterly revenue was down 4.5% on a year-over-year basis. On average, analysts forecast that agilon health, inc. will post -0.59 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the company. Sanford C. Bernstein raised agilon health from a "market perform" rating to an "outperform" rating and increased their price objective for the company from $3.30 to $8.50 in a report on Tuesday, April 8th. Citigroup upgraded agilon health from a "neutral" rating to a "buy" rating and increased their target price for the company from $3.25 to $5.00 in a research note on Friday, April 25th. Needham & Company LLC restated a "hold" rating on shares of agilon health in a research note on Friday, March 21st. Robert W. Baird decreased their target price on agilon health from $6.00 to $5.00 and set a "neutral" rating for the company in a research note on Tuesday, April 15th. Finally, Royal Bank of Canada increased their target price on agilon health from $3.00 to $3.50 and gave the company an "outperform" rating in a research note on Wednesday, February 26th. Two equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating and five have issued a buy rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $4.90.

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.