Fort Washington Investment Advisors Inc. OH Acquires 54,830 Shares of Option Care Health, Inc. (NASDAQ:OPCH)

Fort Washington Investment Advisors Inc. OH raised its holdings in Option Care Health, Inc. (NASDAQ:OPCH - Free Report) by 6.2% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 943,300 shares of the company's stock after purchasing an additional 54,830 shares during the quarter. Fort Washington Investment Advisors Inc. OH owned approximately 0.55% of Option Care Health worth $21,885,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. UMB Bank n.a. raised its holdings in shares of Option Care Health by 937.5% in the third quarter. UMB Bank n.a. now owns 830 shares of the company's stock valued at $26,000 after buying an additional 750 shares during the last quarter. GAMMA Investing LLC raised its stake in shares of Option Care Health by 110.6% in the third quarter. GAMMA Investing LLC now owns 897 shares of the company's stock worth $28,000 after acquiring an additional 471 shares during the last quarter. Whittier Trust Co. of Nevada Inc. raised its stake in shares of Option Care Health by 3,362.8% in the third quarter. Whittier Trust Co. of Nevada Inc. now owns 1,489 shares of the company's stock worth $47,000 after acquiring an additional 1,446 shares during the last quarter. International Assets Investment Management LLC lifted its holdings in Option Care Health by 3,029.7% during the 3rd quarter. International Assets Investment Management LLC now owns 2,848 shares of the company's stock worth $91,000 after buying an additional 2,757 shares in the last quarter. Finally, Quarry LP boosted its position in Option Care Health by 327.7% in the 3rd quarter. Quarry LP now owns 3,430 shares of the company's stock valued at $107,000 after buying an additional 2,628 shares during the last quarter. Institutional investors and hedge funds own 98.05% of the company's stock.

Option Care Health Trading Up 2.4 %

Shares of NASDAQ:OPCH traded up $0.72 during mid-day trading on Thursday, reaching $30.03. The stock had a trading volume of 1,578,317 shares, compared to its average volume of 2,291,088. The firm has a 50 day simple moving average of $24.10 and a two-hundred day simple moving average of $27.78. The firm has a market cap of $5.11 billion, a PE ratio of 25.23, a price-to-earnings-growth ratio of 2.12 and a beta of 1.31. Option Care Health, Inc. has a twelve month low of $21.39 and a twelve month high of $34.63. The company has a current ratio of 1.73, a quick ratio of 1.32 and a debt-to-equity ratio of 0.77.

Analysts Set New Price Targets

OPCH has been the subject of a number of recent research reports. Truist Financial dropped their target price on Option Care Health from $41.00 to $34.00 and set a "buy" rating for the company in a research report on Friday, November 1st. Barrington Research upped their target price on shares of Option Care Health from $32.00 to $33.00 and gave the company an "outperform" rating in a research report on Tuesday, January 14th. JMP Securities reaffirmed a "market outperform" rating and issued a $30.00 target price (down previously from $31.00) on shares of Option Care Health in a research note on Friday, January 10th. Bank of America raised shares of Option Care Health from a "neutral" rating to a "buy" rating and boosted their price target for the stock from $26.00 to $33.00 in a research note on Monday, January 13th. Finally, Jefferies Financial Group raised shares of Option Care Health from a "hold" rating to a "buy" rating and raised their price objective for the company from $26.00 to $35.00 in a research note on Thursday. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $31.14.

Insider Activity at Option Care Health

In related news, Director Harry M. Jansen Kraemer, Jr. purchased 43,000 shares of Option Care Health stock in a transaction dated Friday, November 8th. The stock was bought at an average price of $22.54 per share, for a total transaction of $969,220.00. Following the completion of the acquisition, the director now directly owns 326,334 shares of the company's stock, valued at $7,355,568.36. This represents a 15.18 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.64% of the stock is owned by corporate insiders.

Option Care Health Profile

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.