State Street Corp Has $195.85 Million Stock Holdings in Option Care Health, Inc. (NASDAQ:OPCH)

State Street Corp grew its position in shares of Option Care Health, Inc. (NASDAQ:OPCH - Free Report) by 1.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 6,257,172 shares of the company's stock after acquiring an additional 83,395 shares during the quarter. State Street Corp owned about 3.68% of Option Care Health worth $195,849,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. UMB Bank n.a. grew its position in Option Care Health by 937.5% in the 3rd quarter. UMB Bank n.a. now owns 830 shares of the company's stock worth $26,000 after purchasing an additional 750 shares during the last quarter. GAMMA Investing LLC boosted its position in shares of Option Care Health by 110.6% during the third quarter. GAMMA Investing LLC now owns 897 shares of the company's stock worth $28,000 after buying an additional 471 shares during the period. Whittier Trust Co. of Nevada Inc. boosted its position in shares of Option Care Health by 3,362.8% during the third quarter. Whittier Trust Co. of Nevada Inc. now owns 1,489 shares of the company's stock worth $47,000 after buying an additional 1,446 shares during the period. International Assets Investment Management LLC grew its holdings in Option Care Health by 3,029.7% in 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, Blue Trust Inc. increased its position in Option Care Health by 14.8% in the 2nd quarter. Blue Trust Inc. now owns 2,931 shares of the company's stock valued at $81,000 after acquiring an additional 377 shares during the period. Institutional investors own 98.05% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on OPCH. Jefferies Financial Group cut Option Care Health from a "buy" rating to a "hold" rating and decreased their price target for the stock from $38.00 to $26.00 in a research note on Thursday, October 31st. Truist Financial decreased their target price on shares of 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 dropped their price target on shares of Option Care Health from $40.00 to $32.00 and set an "outperform" rating on the stock in a research report on Thursday, October 31st. JMP Securities upped their price target on shares of Option Care Health from $36.00 to $37.00 and gave the stock a "market outperform" rating in a research note on Monday, September 30th. Finally, Bank of America lowered shares of Option Care Health from a "buy" rating to a "neutral" rating and lowered their price objective for the company from $43.00 to $29.00 in a research note on Wednesday, October 30th. Four investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $30.14.

Insider Buying and Selling

In other Option Care Health news, Director Harry M. Jansen Kraemer, Jr. purchased 43,000 shares of the company's stock in a transaction that occurred on Friday, November 8th. The shares were purchased at an average cost of $22.54 per share, with a total value of $969,220.00. Following the completion of the transaction, the director now owns 326,334 shares of the company's stock, valued at approximately $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 SEC, which can be accessed through this link. 0.64% of the stock is currently owned by company insiders.

Option Care Health Price Performance

Shares of OPCH traded up $0.10 during trading hours on Friday, hitting $23.49. 1,359,676 shares of the company were exchanged, compared to its average volume of 1,563,097. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.73 and a quick ratio of 1.32. The company has a market capitalization of $4.00 billion, a PE ratio of 19.74, a PEG ratio of 2.45 and a beta of 1.33. The firm has a fifty day simple moving average of $25.40 and a 200-day simple moving average of $28.48. Option Care Health, Inc. has a one year low of $21.39 and a one year high of $34.63.

About Option Care Health

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.