11,028 Shares in agilon health, inc. (NYSE:AGL) Purchased by Pallas Capital Advisors LLC

Pallas Capital Advisors LLC acquired a new position in agilon health, inc. (NYSE:AGL) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 11,028 shares of the company’s stock, valued at approximately $77,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of AGL. J.Safra Asset Management Corp raised its stake in shares of agilon health by 626.1% in the second quarter. J.Safra Asset Management Corp now owns 4,204 shares of the company’s stock valued at $27,000 after buying an additional 3,625 shares during the period. Quest Partners LLC purchased a new position in agilon health in the 4th quarter valued at approximately $45,000. Neo Ivy Capital Management purchased a new stake in agilon health during the 4th quarter worth about $47,000. CWM LLC lifted its holdings in shares of agilon health by 406.5% in the second quarter. CWM LLC now owns 9,081 shares of the company’s stock worth $59,000 after buying an additional 7,288 shares in the last quarter. Finally, Nisa Investment Advisors LLC bought a new position in shares of agilon health in the second quarter valued at approximately $60,000.

agilon health Stock Down 0.9 %

AGL traded down $0.04 during midday trading on Wednesday, reaching $4.59. The company’s stock had a trading volume of 299,534 shares, compared to its average volume of 5,044,015. The stock’s 50-day moving average is $6.29 and its 200-day moving average is $5.94. agilon health, inc. has a 1 year low of $4.41 and a 1 year high of $20.37. The firm has a market capitalization of $1.89 billion, a price-to-earnings ratio of -6.61 and a beta of 0.60. The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 0.04.

agilon health (NYSE:AGL) last announced its quarterly earnings data on Tuesday, August 6th. The company reported ($0.07) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.07). agilon health had a negative return on equity of 26.15% and a negative net margin of 5.67%. The business had revenue of $1.48 billion during the quarter, compared to analysts’ expectations of $1.56 billion. During the same quarter in the previous year, the business earned ($0.04) earnings per share. The firm’s quarterly revenue was up 38.7% compared to the same quarter last year. As a group, research analysts expect that agilon health, inc. will post -0.34 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on AGL shares. Evercore ISI upped their target price on shares of agilon health from $5.50 to $7.00 and gave the stock an “in-line” rating in a report on Tuesday, July 9th. Deutsche Bank Aktiengesellschaft lowered their price target on agilon health from $5.00 to $4.00 and set a “hold” rating on the stock in a report on Friday, August 9th. Truist Financial boosted their price objective on agilon health from $6.40 to $6.50 and gave the stock a “hold” rating in a report on Friday, May 24th. Robert W. Baird began coverage on shares of agilon health in a research note on Thursday, May 30th. They issued a “neutral” rating and a $6.00 target price on the stock. Finally, Benchmark reissued a “buy” rating and issued a $9.00 price target on shares of agilon health in a research note on Thursday, August 8th. One investment analyst has rated the stock with a sell rating, fourteen have assigned a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat, agilon health has an average rating of “Hold” and an average price target of $8.57.

agilon health Company 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.