SG Americas Securities LLC Has $589,000 Position in Option Care Health, Inc. (NASDAQ:OPCH)

SG Americas Securities LLC decreased its stake in Option Care Health, Inc. (NASDAQ:OPCH - Free Report) by 79.4% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 17,474 shares of the company's stock after selling 67,255 shares during the quarter. SG Americas Securities LLC's holdings in Option Care Health were worth $589,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of OPCH. Advisor Resource Council acquired a new position in Option Care Health in the 4th quarter worth approximately $304,000. Dfpg Investments LLC purchased a new position in shares of Option Care Health during the fourth quarter valued at $225,000. Vanguard Group Inc. grew its holdings in shares of Option Care Health by 11.8% during the third quarter. Vanguard Group Inc. now owns 19,319,352 shares of the company's stock valued at $624,981,000 after buying an additional 2,037,162 shares in the last quarter. Teachers Retirement System of The State of Kentucky raised its position in Option Care Health by 3.0% during the third quarter. Teachers Retirement System of The State of Kentucky now owns 279,745 shares of the company's stock valued at $9,050,000 after buying an additional 8,179 shares during the period. Finally, Wellington Management Group LLP lifted its stake in Option Care Health by 15.9% in the 3rd quarter. Wellington Management Group LLP now owns 2,896,392 shares of the company's stock worth $93,698,000 after acquiring an additional 397,627 shares in the last quarter. Hedge funds and other institutional investors own 98.05% of the company's stock.

Insider Transactions at Option Care Health

In other Option Care Health news, Director Harry M. Jansen Kraemer, Jr. acquired 35,000 shares of Option Care Health stock in a transaction that occurred on Monday, February 26th. The stock was acquired at an average price of $31.55 per share, with a total value of $1,104,250.00. Following the purchase, the director now owns 269,528 shares in the company, valued at $8,503,608.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.38% of the stock is currently owned by company insiders.

Option Care Health Stock Up 1.1 %

NASDAQ OPCH traded up $0.35 on Friday, reaching $32.02. The stock had a trading volume of 504,711 shares, compared to its average volume of 1,207,005. The company has a current ratio of 1.77, a quick ratio of 1.33 and a debt-to-equity ratio of 0.74. Option Care Health, Inc. has a 1 year low of $24.23 and a 1 year high of $35.74. The business has a 50 day moving average price of $32.38 and a 200 day moving average price of $31.74. The company has a market capitalization of $5.56 billion, a price-to-earnings ratio of 21.54, a P/E/G ratio of 1.83 and a beta of 1.22.

Option Care Health (NASDAQ:OPCH - Get Free Report) last announced its quarterly earnings results on Thursday, February 22nd. The company reported $0.32 EPS for the quarter, beating the consensus estimate of $0.29 by $0.03. The business had revenue of $1.12 billion during the quarter, compared to analysts' expectations of $1.09 billion. Option Care Health had a return on equity of 18.78% and a net margin of 6.21%. The firm's quarterly revenue was up 9.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.26 EPS. On average, analysts forecast that Option Care Health, Inc. will post 1.13 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on OPCH shares. Jefferies Financial Group lifted their target price on Option Care Health from $36.00 to $38.00 and gave the company a "buy" rating in a research note on Monday, March 4th. Barrington Research boosted their price objective on shares of Option Care Health from $35.00 to $38.00 and gave the company an "outperform" rating in a research report on Friday, February 23rd.

Option Care Health Company 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.