Nuveen Asset Management LLC Sells 953,074 Shares of agilon health, inc. (NYSE:AGL)

Nuveen Asset Management LLC lessened its holdings in shares of agilon health, inc. (NYSE:AGL - Free Report) by 53.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 816,635 shares of the company's stock after selling 953,074 shares during the quarter. Nuveen Asset Management LLC owned about 0.20% of agilon health worth $1,552,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Numerai GP LLC bought a new stake in agilon health during the 4th quarter valued at approximately $108,000. Millennium Management LLC raised its stake in agilon health by 187.8% during the 4th quarter. Millennium Management LLC now owns 7,212,525 shares of the company's stock valued at $13,704,000 after purchasing an additional 4,706,357 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in agilon health by 2.5% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 206,991 shares of the company's stock valued at $393,000 after buying an additional 5,107 shares in the last quarter. Humankind Investments LLC purchased a new position in agilon health during the 4th quarter valued at approximately $30,000. Finally, Captrust Financial Advisors grew its holdings in agilon health by 10.9% during the 4th quarter. Captrust Financial Advisors now owns 35,485 shares of the company's stock valued at $67,000 after buying an additional 3,494 shares in the last quarter.

agilon health Trading Down 4.3%

AGL traded down $0.09 during trading hours on Thursday, reaching $2.10. 2,890,730 shares of the company's stock traded hands, compared to its average volume of 4,978,505. The firm has a 50-day moving average price of $3.65 and a 200 day moving average price of $3.19. agilon health, inc. has a 52-week low of $1.50 and a 52-week high of $7.73. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 0.06. The firm has a market capitalization of $867.64 million, a PE ratio of -2.23 and a beta of 0.14.

agilon health (NYSE:AGL - Get Free Report) last posted its quarterly earnings data on Tuesday, May 6th. The company reported $0.03 earnings per share (EPS) for the quarter, beating 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 analysts' expectations of $1.50 billion. During the same quarter in the previous year, the business earned ($0.02) EPS. agilon health's revenue was down 4.5% compared to the same quarter last year. As a group, sell-side analysts predict that agilon health, inc. will post -0.59 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on AGL shares. Stifel Nicolaus raised their price target on agilon health from $2.00 to $3.00 and gave the company a "hold" rating in a report on Wednesday, February 26th. Royal Bank of Canada raised their price target on agilon health from $3.00 to $3.50 and gave the company an "outperform" rating in a report on Wednesday, February 26th. Barclays raised their price target on agilon health from $2.00 to $3.00 and gave the company an "underweight" rating in a report on Thursday, May 8th. Robert W. Baird cut their price target on agilon health from $6.00 to $5.00 and set a "neutral" rating for the company in a report on Tuesday, April 15th. Finally, Needham & Company LLC restated a "hold" rating on shares of agilon health in a report on Friday, March 21st. Two equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $4.79.

agilon health Company 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.