Principal Financial Group Inc. Buys 4,166 Shares of Option Care Health, Inc. (NASDAQ:OPCH)

Principal Financial Group Inc. increased its position in shares of Option Care Health, Inc. (NASDAQ:OPCHFree Report) by 0.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 479,255 shares of the company’s stock after purchasing an additional 4,166 shares during the quarter. Principal Financial Group Inc. owned 0.28% of Option Care Health worth $11,119,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of OPCH. UMB Bank n.a. lifted its holdings in shares of Option Care Health by 41.7% during the 4th quarter. UMB Bank n.a. now owns 1,176 shares of the company’s stock worth $27,000 after acquiring an additional 346 shares during the period. International Assets Investment Management LLC raised its position in 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 valued at $91,000 after purchasing an additional 2,757 shares in the last quarter. Quarry LP lifted its stake in 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 purchasing an additional 2,628 shares during the last quarter. Blue Trust Inc. lifted its stake in Option Care Health by 16.9% during the fourth quarter. Blue Trust Inc. now owns 4,703 shares of the company’s stock worth $109,000 after purchasing an additional 681 shares during the last quarter. Finally, KBC Group NV boosted its holdings in shares of Option Care Health by 16.2% in the 3rd quarter. KBC Group NV now owns 5,013 shares of the company’s stock valued at $157,000 after purchasing an additional 700 shares in the last quarter. 98.05% of the stock is currently owned by institutional investors and hedge funds.

Option Care Health Stock Up 0.2 %

Shares of NASDAQ OPCH opened at $33.20 on Friday. The company has a 50 day simple moving average of $28.49 and a 200 day simple moving average of $28.07. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.73 and a quick ratio of 1.32. Option Care Health, Inc. has a 1 year low of $21.39 and a 1 year high of $34.17. The firm has a market cap of $5.65 billion, a PE ratio of 27.90, a price-to-earnings-growth ratio of 2.30 and a beta of 1.35.

Analyst Upgrades and Downgrades

OPCH has been the subject of a number of research analyst reports. The Goldman Sachs Group cut Option Care Health from a “buy” rating to a “neutral” rating and lowered their price target for the stock from $38.00 to $27.00 in a report on Monday, November 4th. JMP Securities reissued a “market outperform” rating and set a $30.00 target price (down previously from $31.00) on shares of Option Care Health in a research note on Friday, January 10th. Jefferies Financial Group upgraded shares of Option Care Health from a “hold” rating to a “buy” rating and raised their price target for the company from $26.00 to $35.00 in a research note on Thursday, January 23rd. UBS Group began coverage on shares of Option Care Health in a report on Thursday, December 5th. They set a “neutral” rating and a $26.00 price target on the stock. Finally, JPMorgan Chase & Co. increased their price objective on shares of Option Care Health from $38.00 to $40.00 and gave the company an “overweight” rating in a research note on Friday, January 24th. Two analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat, Option Care Health has a consensus rating of “Moderate Buy” and an average target price of $32.88.

Get Our Latest 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.

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Institutional Ownership by Quarter for Option Care Health (NASDAQ:OPCH)

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