Teacher Retirement System of Texas Buys 19,227 Shares of Oscar Health, Inc. (NYSE:OSCR)

Teacher Retirement System of Texas increased its holdings in shares of Oscar Health, Inc. (NYSE:OSCR - Free Report) by 94.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 39,513 shares of the company's stock after buying an additional 19,227 shares during the quarter. Teacher Retirement System of Texas' holdings in Oscar Health were worth $531,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. State Street Corp increased its position in shares of Oscar Health by 6.0% during the third quarter. State Street Corp now owns 5,132,802 shares of the company's stock worth $108,867,000 after acquiring an additional 291,335 shares in the last quarter. Lingotto Investment Management LLP acquired a new stake in shares of Oscar Health in the 4th quarter valued at about $2,543,000. GDS Wealth Management lifted its holdings in shares of Oscar Health by 1,545.3% in the fourth quarter. GDS Wealth Management now owns 345,817 shares of the company's stock valued at $4,648,000 after purchasing an additional 324,798 shares in the last quarter. Victory Capital Management Inc. boosted its position in shares of Oscar Health by 296.0% during the fourth quarter. Victory Capital Management Inc. now owns 231,059 shares of the company's stock worth $3,105,000 after buying an additional 172,706 shares during the period. Finally, Connor Clark & Lunn Investment Management Ltd. bought a new position in shares of Oscar Health during the fourth quarter worth about $5,672,000. 75.70% of the stock is currently owned by institutional investors.

Oscar Health Stock Performance

Shares of OSCR traded down $0.62 during midday trading on Friday, reaching $12.99. The stock had a trading volume of 6,528,010 shares, compared to its average volume of 3,803,303. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 0.26. The firm has a 50 day simple moving average of $14.60 and a 200-day simple moving average of $15.80. The firm has a market cap of $3.25 billion, a PE ratio of -649.18 and a beta of 1.75. Oscar Health, Inc. has a one year low of $12.25 and a one year high of $23.79.

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Oscar Health (NYSE:OSCR - Get Free Report) last announced its quarterly earnings results on Tuesday, February 4th. The company reported ($0.62) earnings per share 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%. As a group, sell-side analysts anticipate that Oscar Health, Inc. will post 0.69 EPS for the current year.

Analyst Ratings Changes

OSCR has been the subject of a number of recent research reports. Jefferies Financial Group assumed coverage on Oscar Health in a research report on Tuesday, December 10th. They set an "underperform" rating and a $12.00 price target for the company. Wells Fargo & Company downgraded shares of Oscar Health from an "overweight" rating to an "equal weight" rating and decreased their target price for the company from $20.00 to $16.00 in a research report on Thursday, March 13th. Two analysts have rated the stock with a sell rating, three have given a hold rating, two have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, Oscar Health presently has a consensus rating of "Hold" and a consensus price target of $20.21.

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.