Voleon Capital Management LP Acquires Shares of 467,457 agilon health, inc. (NYSE:AGL)

Voleon Capital Management LP acquired a new position in shares of agilon health, inc. (NYSE:AGL - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 467,457 shares of the company's stock, valued at approximately $888,000. Voleon Capital Management LP owned approximately 0.11% of agilon health at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Barclays PLC raised its stake in shares of agilon health by 21.2% during the third quarter. Barclays PLC now owns 1,228,952 shares of the company's stock worth $4,830,000 after acquiring an additional 214,830 shares in the last quarter. Virtu Financial LLC purchased a new stake in agilon health during the third quarter valued at about $120,000. JPMorgan Chase & Co. increased its holdings in shares of agilon health by 326.4% in the third quarter. JPMorgan Chase & Co. now owns 1,415,419 shares of the company's stock worth $5,563,000 after buying an additional 1,083,492 shares during the period. Pines Wealth Management LLC bought a new position in agilon health during the 4th quarter worth approximately $51,000. Finally, Oak Thistle LLC bought a new stake in agilon health in the fourth quarter valued at approximately $25,000.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the stock. Needham & Company LLC reiterated a "hold" rating on shares of agilon health in a report on Friday, March 21st. Citigroup raised agilon health from a "neutral" rating to a "buy" rating and raised their target price for the stock from $3.25 to $5.00 in a research note on Friday, April 25th. 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 report on Tuesday, April 15th. TD Cowen boosted their price objective on shares of agilon health from $3.50 to $6.00 and gave the company a "hold" rating in a research report on Tuesday, April 15th. Finally, Royal Bank of Canada increased their price target on shares of agilon health from $3.00 to $3.50 and gave the stock an "outperform" rating in a research note on Wednesday, February 26th. Two equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $4.81.

agilon health Stock Performance

Shares of AGL traded down $1.03 on Wednesday, reaching $3.43. The company's stock had a trading volume of 3,635,726 shares, compared to its average volume of 4,865,982. agilon health, inc. has a 12-month low of $1.50 and a 12-month high of $7.73. The stock has a market capitalization of $1.42 billion, a P/E ratio of -3.72 and a beta of 0.38. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.29 and a quick ratio of 1.29. The stock's 50 day simple moving average is $4.27 and its two-hundred day simple moving average is $3.18.

agilon health (NYSE:AGL - Get Free Report) last issued its quarterly earnings results 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 business had revenue of $1.53 billion during the quarter, compared to analysts' expectations of $1.50 billion. During the same quarter in the prior year, the business posted ($0.02) earnings per share. The business's quarterly revenue was down 4.5% on a year-over-year basis. Research analysts forecast that agilon health, inc. will post -0.59 earnings per share for the current fiscal year.

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.