111,896 Shares in Option Care Health, Inc. (NASDAQ:OPCH) Acquired by Phocas Financial Corp.

Phocas Financial Corp. purchased a new stake in shares of Option Care Health, Inc. (NASDAQ:OPCH - Free Report) during the 4th quarter, according to the company in its most recent filing with the SEC. The fund purchased 111,896 shares of the company's stock, valued at approximately $3,770,000. Phocas Financial Corp. owned about 0.06% of Option Care Health as of its most recent filing with the SEC.

Several other large investors have also added to or reduced their stakes in the company. Louisiana State Employees Retirement System purchased a new stake in Option Care Health during the 4th quarter valued at about $1,674,000. Mutual of America Capital Management LLC lifted its holdings in shares of Option Care Health by 63.3% in the 4th quarter. Mutual of America Capital Management LLC now owns 190,684 shares of the company's stock valued at $6,424,000 after buying an additional 73,938 shares during the period. International Assets Investment Management LLC lifted its holdings in shares of Option Care Health by 1,513.7% in the 4th quarter. International Assets Investment Management LLC now owns 3,066 shares of the company's stock valued at $103,000 after buying an additional 2,876 shares during the period. New York State Teachers Retirement System lifted its holdings in shares of Option Care Health by 2.4% in the 4th quarter. New York State Teachers Retirement System now owns 118,855 shares of the company's stock valued at $4,004,000 after buying an additional 2,769 shares during the period. Finally, Nilsine Partners LLC lifted its holdings in shares of Option Care Health by 2.6% in the 4th quarter. Nilsine Partners LLC now owns 98,892 shares of the company's stock valued at $3,332,000 after buying an additional 2,499 shares during the period. Hedge funds and other institutional investors own 98.05% of the company's stock.

Insider Buying and Selling

In other Option Care Health news, Director Harry M. Jansen Kraemer, Jr. purchased 35,000 shares of Option Care Health stock in a transaction that occurred on Monday, February 26th. The stock was bought at an average price of $31.55 per share, with a total value of $1,104,250.00. Following the acquisition, the director now owns 269,528 shares of the company's stock, valued at approximately $8,503,608.40. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.64% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

OPCH has been the subject of several analyst reports. Barrington Research boosted their price objective on Option Care Health from $35.00 to $38.00 and gave the company an "outperform" rating in a report on Friday, February 23rd. Jefferies Financial Group boosted their price objective on Option Care Health from $36.00 to $38.00 and gave the company a "buy" rating in a report on Monday, March 4th.

Option Care Health Price Performance

NASDAQ OPCH traded up $0.49 during trading hours on Monday, reaching $30.91. The company's stock had a trading volume of 1,451,326 shares, compared to its average volume of 1,194,491. The firm has a market capitalization of $5.37 billion, a price-to-earnings ratio of 20.69, a P/E/G ratio of 1.73 and a beta of 1.22. Option Care Health, Inc. has a 1-year low of $24.23 and a 1-year high of $35.74. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.77 and a quick ratio of 1.33. The company's 50-day moving average is $32.38 and its two-hundred day moving average is $31.62.

Option Care Health (NASDAQ:OPCH - Get Free Report) last released its quarterly earnings results on Thursday, February 22nd. The company reported $0.32 earnings per share for the quarter, topping analysts' consensus estimates of $0.29 by $0.03. The company 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%. Option Care Health's quarterly revenue was up 9.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.26 EPS. On average, equities analysts predict that Option Care Health, Inc. will post 1.13 EPS for the current year.

About Option Care Health

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.