Amundi Has $9.28 Million Stake in Oscar Health, Inc. (NYSE:OSCR)

Amundi grew its position in Oscar Health, Inc. (NYSE:OSCR - Free Report) by 232.3% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 690,654 shares of the company's stock after buying an additional 482,784 shares during the period. Amundi owned 0.28% of Oscar Health worth $9,282,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. PNC Financial Services Group Inc. raised its holdings in Oscar Health by 20.5% during the 4th quarter. PNC Financial Services Group Inc. now owns 17,896 shares of the company's stock worth $241,000 after purchasing an additional 3,040 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Oscar Health during the 4th quarter worth approximately $6,613,000. Arizona State Retirement System raised its stake in shares of Oscar Health by 3.1% during the fourth quarter. Arizona State Retirement System now owns 47,918 shares of the company's stock worth $644,000 after buying an additional 1,454 shares during the last quarter. Victory Capital Management Inc. lifted its holdings in Oscar Health by 296.0% in the fourth quarter. Victory Capital Management Inc. now owns 231,059 shares of the company's stock valued at $3,105,000 after buying an additional 172,706 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its stake in Oscar Health by 3.4% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,654,862 shares of the company's stock valued at $22,241,000 after acquiring an additional 54,696 shares during the last quarter. Institutional investors own 75.70% of the company's stock.

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Oscar Health Stock Down 4.7 %

OSCR traded down $0.64 during trading hours on Tuesday, hitting $12.82. 3,946,590 shares of the company's stock were exchanged, compared to its average volume of 3,628,780. The stock has a market cap of $3.21 billion, a price-to-earnings ratio of -640.43 and a beta of 1.75. Oscar Health, Inc. has a 1-year low of $12.43 and a 1-year high of $23.79. The stock's 50-day moving average is $15.19 and its two-hundred day moving average is $16.35. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 0.26.

Oscar Health (NYSE:OSCR - Get Free Report) last posted its quarterly earnings data on Tuesday, February 4th. The company reported ($0.62) EPS for the quarter, missing analysts' consensus estimates of ($0.55) by ($0.07). Oscar Health had a return on equity of 2.28% and a net margin of 0.28%. Sell-side analysts predict that Oscar Health, Inc. will post 0.69 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several analysts have commented on OSCR shares. Wells Fargo & Company cut shares of Oscar Health from an "overweight" rating to an "equal weight" rating and dropped their target price for the company from $20.00 to $16.00 in a research report on Thursday, March 13th. Jefferies Financial Group assumed coverage on Oscar Health in a report on Tuesday, December 10th. They set an "underperform" rating and a $12.00 target price on the stock. Two analysts have rated the stock with a sell rating, three have issued a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $20.19.

Oscar Health Company Profile

Oscar Health, Inc operates as a health insurance in the United States. The company offers health plans in individual and small group markets, as well as +Oscar, a technology driven platform that help providers and payors directly enable their shift to value-based care. It also provides reinsurance products.