Kera Capital Partners Inc. Invests $358,000 in eHealth, Inc. (NASDAQ:EHTH)

Kera Capital Partners Inc. purchased a new position in shares of eHealth, Inc. (NASDAQ:EHTH - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 38,070 shares of the financial services provider's stock, valued at approximately $358,000. Kera Capital Partners Inc. owned 0.13% of eHealth at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of EHTH. Public Employees Retirement System of Ohio lifted its position in shares of eHealth by 40.7% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 12,451 shares of the financial services provider's stock worth $51,000 after purchasing an additional 3,600 shares during the last quarter. Point72 DIFC Ltd raised its stake in eHealth by 3,996.8% in the second quarter. Point72 DIFC Ltd now owns 12,741 shares of the financial services provider's stock valued at $58,000 after buying an additional 12,430 shares in the last quarter. Algert Global LLC lifted its holdings in eHealth by 76.6% during the 2nd quarter. Algert Global LLC now owns 18,392 shares of the financial services provider's stock worth $83,000 after buying an additional 7,980 shares during the last quarter. SkyView Investment Advisors LLC boosted its position in shares of eHealth by 28.7% during the 3rd quarter. SkyView Investment Advisors LLC now owns 30,000 shares of the financial services provider's stock worth $122,000 after acquiring an additional 6,694 shares in the last quarter. Finally, American Century Companies Inc. increased its holdings in shares of eHealth by 15.5% in the 2nd quarter. American Century Companies Inc. now owns 38,170 shares of the financial services provider's stock valued at $173,000 after acquiring an additional 5,120 shares during the last quarter. Institutional investors and hedge funds own 79.54% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the company. UBS Group started coverage on eHealth in a research note on Wednesday, December 4th. They set a "neutral" rating and a $5.50 target price for the company. StockNews.com upgraded shares of eHealth from a "sell" rating to a "hold" rating in a report on Tuesday, November 5th. Royal Bank of Canada cut their price target on shares of eHealth from $13.00 to $11.00 and set a "sector perform" rating on the stock in a research note on Monday, November 25th. Finally, Craig Hallum upgraded shares of eHealth from a "hold" rating to a "buy" rating and upped their price objective for the company from $5.00 to $7.00 in a research note on Wednesday, November 6th. Four equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $6.38.

eHealth Trading Up 1.6 %

Shares of EHTH traded up $0.16 during mid-day trading on Friday, reaching $10.05. 276,563 shares of the company's stock were exchanged, compared to its average volume of 429,913. The business's fifty day simple moving average is $7.15 and its 200-day simple moving average is $5.39. eHealth, Inc. has a 52-week low of $3.58 and a 52-week high of $10.68. The company has a debt-to-equity ratio of 0.14, a quick ratio of 3.10 and a current ratio of 3.10.

eHealth Company Profile

eHealth, Inc operates a health insurance marketplace that provides consumer engagement, education, and health insurance enrollment solutions in the United States. The company operates in two segments, Medicare; and Employer and Individual. The Medicare segment offers sale of Medicare-related health insurance plans, which includes Medicare advantage, Medicare Supplement, and Medicare Part D prescription drug plans to Medicare-eligible customers including but not limited to, dental, and vision insurance, as well as advertising program for marketing and other services.