Option Care Health, Inc. $OPCH Position Trimmed by Expect Equity LLC

Key Points

• Expect Equity LLC reduced its stake in Option Care Health by 14.6%, now holding 65,161 shares valued at approximately $2.27 million.
• Numerous institutional investors have recently increased their stakes in Option Care Health, including Northwestern Mutual Wealth Management Co., which boosted its stake by 1,492.9%.
• In the latest quarterly earnings, Option Care Health reported $0.41 earnings per share, exceeding analysts' estimates and showing a 15.4% year-over-year revenue increase.

Expect Equity LLC trimmed its holdings in shares of Option Care Health, Inc. (NASDAQ:OPCH - Free Report) by 14.6% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 65,161 shares of the company's stock after selling 11,100 shares during the period. Option Care Health comprises approximately 2.6% of Expect Equity LLC's investment portfolio, making the stock its 19th biggest position. Expect Equity LLC's holdings in Option Care Health were worth $2,277,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. boosted its stake in Option Care Health by 1,492.9% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 892 shares of the company's stock worth $31,000 after purchasing an additional 836 shares during the period. Brooklyn Investment Group boosted its stake in Option Care Health by 186.6% in the 1st quarter. Brooklyn Investment Group now owns 1,198 shares of the company's stock worth $42,000 after purchasing an additional 780 shares during the period. Bessemer Group Inc. boosted its stake in Option Care Health by 62.3% in the 1st quarter. Bessemer Group Inc. now owns 1,560 shares of the company's stock worth $54,000 after purchasing an additional 599 shares during the period. Public Employees Retirement System of Ohio boosted its stake in 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, Wealthquest Corp acquired a new position in Option Care Health in the 1st quarter worth approximately $66,000. 98.05% of the stock is currently owned by institutional investors.

Option Care Health Stock Up 0.6%

Option Care Health stock opened at $28.75 on Friday. The company has a market capitalization of $4.67 billion, a P/E ratio of 23.00, a P/E/G ratio of 1.74 and a beta of 0.79. The firm's fifty day simple moving average is $29.66 and its 200-day simple moving average is $31.67. The company has a current ratio of 1.52, a quick ratio of 1.00 and a debt-to-equity ratio of 0.81. Option Care Health, Inc. has a 1-year low of $21.39 and a 1-year high of $35.53.

Option Care Health (NASDAQ:OPCH - Get Free Report) last released its quarterly earnings results on Wednesday, July 30th. The company reported $0.41 earnings per share for the quarter, beating analysts' consensus estimates of $0.40 by $0.01. The business had revenue of $1.42 billion for the quarter, compared to the consensus estimate of $1.35 billion. Option Care Health had a net margin of 3.93% and a return on equity of 17.53%. Option Care Health's revenue for the quarter was up 15.4% on a year-over-year basis. During the same quarter last year, the firm earned $0.30 EPS. Option Care Health has set its FY 2025 guidance at 1.650-1.720 EPS. Sell-side analysts forecast that Option Care Health, Inc. will post 1.22 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, Director Harry M. Jansen Kraemer, Jr. bought 36,000 shares of the company's stock in a transaction that occurred on Wednesday, August 20th. The shares were purchased at an average price of $27.15 per share, for a total transaction of $977,400.00. Following the acquisition, the director directly owned 375,390 shares of the company's stock, valued at $10,191,838.50. The trade was a 10.61% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Timothy P. Sullivan bought 20,000 shares of the company's stock in a transaction that occurred on Thursday, August 21st. The stock was purchased at an average price of $27.51 per share, for a total transaction of $550,200.00. Following the acquisition, the director directly owned 49,229 shares in the company, valued at approximately $1,354,289.79. This trade represents a 68.43% increase in their ownership of the stock. The disclosure for this purchase can be found here. Company insiders own 0.64% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts recently commented on OPCH shares. Citigroup reaffirmed an "outperform" rating on shares of Option Care Health in a research note on Thursday, July 31st. Barrington Research reiterated an "outperform" rating and issued a $38.00 target price on shares of Option Care Health in a research report on Thursday, July 10th. Finally, JMP Securities increased their target price on shares of Option Care Health from $36.00 to $38.00 and gave the stock a "market outperform" rating in a research report on Thursday, July 31st. Eight investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. Based on data from MarketBeat.com, Option Care Health has an average rating of "Moderate Buy" and an average price target of $35.75.

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.

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