Villere ST Denis J & Co. LLC lifted its stake in shares of Option Care Health, Inc. (NASDAQ:OPCH - Free Report) by 18.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,344,608 shares of the company's stock after buying an additional 209,502 shares during the quarter. Option Care Health makes up about 2.8% of Villere ST Denis J & Co. LLC's investment portfolio, making the stock its 11th largest holding. Villere ST Denis J & Co. LLC owned approximately 0.79% of Option Care Health worth $31,195,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds have also made changes to their positions in OPCH. UMB Bank n.a. grew its position in shares of Option Care Health by 41.7% during the fourth quarter. UMB Bank n.a. now owns 1,176 shares of the company's stock worth $27,000 after buying an additional 346 shares in the last quarter. GAMMA Investing LLC grew 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 in the last quarter. Whittier Trust Co. of Nevada Inc. grew 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 in the last quarter. International Assets Investment Management LLC grew its position in shares of Option Care Health by 3,029.7% during the third 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 grew its position in shares of Option Care Health by 327.7% during the third quarter. Quarry LP now owns 3,430 shares of the company's stock worth $107,000 after buying an additional 2,628 shares in the last quarter. Institutional investors and hedge funds own 98.05% of the company's stock.
Option Care Health Stock Performance
OPCH stock traded up $0.26 during mid-day trading on Wednesday, reaching $32.35. The company had a trading volume of 1,113,260 shares, compared to its average volume of 1,717,486. The company has a quick ratio of 1.32, a current ratio of 1.73 and a debt-to-equity ratio of 0.77. The stock has a market capitalization of $5.51 billion, a P/E ratio of 27.18, a P/E/G ratio of 2.23 and a beta of 1.35. Option Care Health, Inc. has a one year low of $21.39 and a one year high of $34.63. The stock's 50-day simple moving average is $27.36 and its two-hundred day simple moving average is $27.94.
Analysts Set New Price Targets
A number of equities analysts have commented on OPCH shares. JMP Securities reaffirmed a "market outperform" rating and issued a $30.00 price objective (down previously from $31.00) on shares of Option Care Health in a report on Friday, January 10th. Barrington Research lifted their price objective on shares of Option Care Health from $32.00 to $33.00 and gave the stock an "outperform" rating in a report on Tuesday, January 14th. The Goldman Sachs Group downgraded shares of Option Care Health from a "buy" rating to a "neutral" rating and decreased their price objective for the stock from $38.00 to $27.00 in a report on Monday, November 4th. Truist Financial decreased their price objective on shares of Option Care Health from $41.00 to $34.00 and set a "buy" rating for the company in a report on Friday, November 1st. Finally, UBS Group started coverage on shares of Option Care Health in a report on Thursday, December 5th. They issued a "neutral" rating and a $26.00 price objective for the company. Two analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat, Option Care Health presently has a consensus rating of "Moderate Buy" and a consensus price target of $32.25.
View Our Latest Stock Analysis on Option Care Health
About Option Care Health
(
Free Report)
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.
Featured Stories
Before you consider Option Care 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 Option Care Health wasn't on the list.
While Option Care Health currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are hedge funds and endowments buying in today's market? Enter your email address and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying now.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
