Blair William & Co. IL Has $7.15 Million Stock Position in Option Care Health, Inc. (NASDAQ:OPCH)

Blair William & Co. IL boosted its holdings in Option Care Health, Inc. (NASDAQ:OPCH) by 1.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 258,276 shares of the company’s stock after buying an additional 3,932 shares during the period. Blair William & Co. IL owned approximately 0.15% of Option Care Health worth $7,154,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Vanguard Group Inc. increased its position in Option Care Health by 1.6% during the fourth quarter. Vanguard Group Inc. now owns 19,626,205 shares of the company’s stock worth $661,207,000 after acquiring an additional 306,853 shares during the period. Wellington Management Group LLP grew its position in Option Care Health by 157.1% in the 4th quarter. Wellington Management Group LLP now owns 7,445,556 shares of the company’s stock worth $250,841,000 after purchasing an additional 4,549,164 shares during the last quarter. Westfield Capital Management Co. LP increased its holdings in shares of Option Care Health by 15.4% during the 1st quarter. Westfield Capital Management Co. LP now owns 5,171,385 shares of the company’s stock worth $173,448,000 after purchasing an additional 688,653 shares during the period. Dimensional Fund Advisors LP raised its position in shares of Option Care Health by 6.5% during the second quarter. Dimensional Fund Advisors LP now owns 3,605,271 shares of the company’s stock valued at $99,870,000 after buying an additional 218,844 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA bought a new stake in shares of Option Care Health in the second quarter valued at about $68,003,000. 98.05% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Option Care Health

In other Option Care Health news, Director Elizabeth Quadros Betten sold 47,531 shares of the company’s stock in a transaction dated Wednesday, August 21st. The shares were sold at an average price of $31.09, for a total transaction of $1,477,738.79. Following the sale, the director now directly owns 21,339 shares of the company’s stock, valued at $663,429.51. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In other news, CFO Michael H. Shapiro sold 23,217 shares of the firm’s stock in a transaction on Thursday, August 22nd. The stock was sold at an average price of $30.95, for a total value of $718,566.15. Following the completion of the sale, the chief financial officer now directly owns 247,317 shares in the company, valued at $7,654,461.15. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Elizabeth Quadros Betten sold 47,531 shares of the company’s stock in a transaction dated Wednesday, August 21st. The stock was sold at an average price of $31.09, for a total transaction of $1,477,738.79. Following the transaction, the director now owns 21,339 shares in the company, valued at approximately $663,429.51. The disclosure for this sale can be found here. 0.64% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the company. Barrington Research boosted their price objective on Option Care Health from $38.00 to $40.00 and gave the company an “outperform” rating in a research report on Thursday, August 1st. JMP Securities initiated coverage on shares of Option Care Health in a report on Tuesday, July 16th. They issued an “outperform” rating and a $36.00 price target on the stock.

Option Care Health Trading Up 1.1 %

Shares of OPCH opened at $31.90 on Friday. The company has a current ratio of 1.76, a quick ratio of 1.36 and a debt-to-equity ratio of 0.78. The stock has a market cap of $5.54 billion, a PE ratio of 20.99, a PEG ratio of 2.46 and a beta of 1.29. Option Care Health, Inc. has a 1 year low of $26.11 and a 1 year high of $34.63. The stock has a 50 day simple moving average of $31.20 and a 200-day simple moving average of $30.47.

Option Care Health (NASDAQ:OPCH) last released its quarterly earnings data on Wednesday, July 31st. The company reported $0.30 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.27 by $0.03. Option Care Health had a return on equity of 14.82% and a net margin of 4.60%. The firm had revenue of $1.23 billion during the quarter, compared to analyst estimates of $1.17 billion. During the same period in the prior year, the company posted $0.63 earnings per share. The business’s revenue for the quarter was up 14.8% compared to the same quarter last year. On average, sell-side analysts predict that Option Care Health, Inc. will post 1.22 EPS for the current fiscal year.

Option Care Health Company 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.