Canada Pension Plan Investment Board Makes New Investment in agilon health, inc. (NYSE:AGL)

Canada Pension Plan Investment Board acquired a new position in agilon health, inc. (NYSE:AGL - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 100,300 shares of the company's stock, valued at approximately $191,000.

Other hedge funds have also recently made changes to their positions in the company. Charles Schwab Investment Management Inc. grew its stake in shares of agilon health by 49.2% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 4,541,549 shares of the company's stock worth $8,629,000 after purchasing an additional 1,498,524 shares during the last quarter. JPMorgan Chase & Co. grew its stake 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 purchasing an additional 1,083,492 shares during the last quarter. Alberta Investment Management Corp bought a new stake in shares of agilon health in the fourth quarter worth about $1,564,000. Renaissance Technologies LLC grew its stake in shares of agilon health by 155.1% in the fourth quarter. Renaissance Technologies LLC now owns 463,300 shares of the company's stock worth $880,000 after purchasing an additional 281,700 shares during the last quarter. Finally, Vanguard Group Inc. grew its stake in shares of agilon health by 0.9% in the fourth quarter. Vanguard Group Inc. now owns 31,112,407 shares of the company's stock worth $59,114,000 after purchasing an additional 272,787 shares during the last quarter.

agilon health Stock Performance

NYSE:AGL traded down $0.06 during trading hours on Monday, reaching $3.84. The company had a trading volume of 3,762,836 shares, compared to its average volume of 4,835,802. The company has a current ratio of 1.29, a quick ratio of 1.29 and a debt-to-equity ratio of 0.06. agilon health, inc. has a 52 week low of $1.50 and a 52 week high of $7.73. The firm has a market cap of $1.59 billion, a price-to-earnings ratio of -4.09 and a beta of 0.38. The firm's 50 day moving average price is $4.20 and its 200-day moving average price is $3.14.

Analysts Set New Price Targets

Several analysts have commented on AGL shares. Robert W. Baird lowered their price objective on shares of 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 raised their price objective on shares of agilon health from $3.50 to $6.00 and gave the stock a "hold" rating in a report on Tuesday, April 15th. Royal Bank of Canada raised their price objective on shares of agilon health from $3.00 to $3.50 and gave the stock an "outperform" rating in a report on Wednesday, February 26th. JMP Securities reiterated a "market perform" rating on shares of agilon health in a report on Monday. Finally, Sanford C. Bernstein upgraded shares of agilon health from a "market perform" rating to an "outperform" rating and lifted their target price for the company from $3.30 to $8.50 in a report on Tuesday, April 8th. Two analysts have rated the stock with a sell rating, twelve have given a hold rating and four have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $4.81.

agilon health 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.