Sei Investments Co. raised its stake in shares of Oscar Health, Inc. (NYSE:OSCR - Free Report) by 357.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 157,065 shares of the company's stock after buying an additional 122,752 shares during the period. Sei Investments Co. owned 0.06% of Oscar Health worth $2,111,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. KBC Group NV grew its stake in shares of Oscar Health by 56.1% in the fourth quarter. KBC Group NV now owns 7,107 shares of the company's stock worth $96,000 after acquiring an additional 2,555 shares during the last quarter. ORG Wealth Partners LLC bought a new stake in Oscar Health in the 4th quarter valued at $100,000. Alberta Investment Management Corp acquired a new stake in Oscar Health in the 4th quarter worth $138,000. Virtu Financial LLC bought a new position in shares of Oscar Health during the 4th quarter worth about $140,000. Finally, SMART Wealth LLC acquired a new position in shares of Oscar Health during the fourth quarter valued at about $180,000. Institutional investors and hedge funds own 75.70% of the company's stock.
Oscar Health Price Performance
Shares of Oscar Health stock traded down $0.30 during trading on Thursday, hitting $12.23. 5,212,114 shares of the company's stock traded hands, compared to its average volume of 3,861,382. The company has a market cap of $3.06 billion, a PE ratio of -610.94 and a beta of 1.75. The firm's fifty day moving average price is $14.07 and its 200 day moving average price is $15.41. Oscar Health, Inc. has a twelve month low of $11.47 and a twelve month high of $23.79. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.73 and a quick ratio of 0.73.
Oscar Health (NYSE:OSCR - Get Free Report) last released its quarterly earnings data 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 net margin of 0.28% and a return on equity of 2.28%. Analysts forecast that Oscar Health, Inc. will post 0.69 earnings per share for the current year.
Wall Street Analyst Weigh In
Separately, Wells Fargo & Company downgraded Oscar Health from an "overweight" rating to an "equal weight" rating and decreased their target price for the stock from $20.00 to $16.00 in a research report on Thursday, March 13th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $20.21.
Read Our Latest Stock Report on OSCR
Oscar Health Profile
(
Free Report)
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.
Read More
Before you consider Oscar Health, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Oscar Health wasn't on the list.
While Oscar Health currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
