Handelsbanken Fonder AB Has $142,000 Holdings in agilon health, inc. (NYSE:AGL)

Handelsbanken Fonder AB raised its position in shares of agilon health, inc. (NYSE:AGL) by 47.9% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 75,000 shares of the company’s stock after purchasing an additional 24,300 shares during the quarter. Handelsbanken Fonder AB’s holdings in agilon health were worth $142,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the company. Oak Thistle LLC bought a new stake in shares of agilon health in the 4th quarter valued at $25,000. Ieq Capital LLC purchased a new position in agilon health during the 4th quarter worth $26,000. Point72 Asia Singapore Pte. Ltd. purchased a new position in agilon health during the third quarter worth about $28,000. First Citizens Bank & Trust Co. bought a new position in shares of agilon health in the fourth quarter valued at approximately $46,000. Finally, Pines Wealth Management LLC purchased a new stake in shares of agilon health during the 4th quarter valued at $51,000.

agilon health Price Performance

NYSE AGL opened at $2.98 on Tuesday. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.29 and a quick ratio of 1.29. agilon health, inc. has a 1-year low of $1.50 and a 1-year high of $7.73. The stock has a market capitalization of $1.23 billion, a price-to-earnings ratio of -3.17 and a beta of 0.67. The business’s fifty day moving average price is $2.99 and its 200-day moving average price is $2.98.

Insiders Place Their Bets

In related news, Director John William Wulf acquired 45,000 shares of the business’s stock in a transaction that occurred on Thursday, December 5th. The stock was bought at an average cost of $2.18 per share, for a total transaction of $98,100.00. Following the purchase, the director now owns 206,133 shares in the company, valued at $449,369.94. The trade was a 27.93 % increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Karen Mcloughlin acquired 25,000 shares of agilon health stock in a transaction dated Friday, December 13th. The stock was purchased at an average cost of $2.20 per share, with a total value of $55,000.00. Following the completion of the purchase, the director now owns 73,166 shares of the company’s stock, valued at approximately $160,965.20. This represents a 51.90 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last three months, insiders have bought 77,500 shares of company stock valued at $169,600. Insiders own 3.20% of the company’s stock.

Analysts Set New Price Targets

AGL has been the topic of several research analyst reports. Barclays dropped their price objective on agilon health from $5.00 to $2.00 and set an “underweight” rating on the stock in a research note on Monday, November 11th. Royal Bank of Canada raised their price objective on agilon health from $3.00 to $3.50 and gave the company an “outperform” rating in a research note on Wednesday, February 26th. Stifel Nicolaus boosted their target price on agilon health from $2.00 to $3.00 and gave the company a “hold” rating in a research note on Wednesday, February 26th. Sanford C. Bernstein increased their target price on agilon health from $2.50 to $3.15 and gave the stock a “market perform” rating in a research report on Wednesday, January 15th. Finally, Needham & Company LLC restated a “hold” rating on shares of agilon health in a research note on Wednesday, February 26th. Two equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $3.95.

agilon health Profile

agilon health, inc. provides healthcare services for seniors through primary care physicians in the communities of the United States. It offers a platform that manages the total healthcare needs of the patients by subscription-like per-member per-month. The company was formerly known as Agilon Health Topco, Inc and changed its name to agilon health, inc.