Option Care Health, Inc. (NASDAQ:OPCH) Shares Bought by JPMorgan Chase & Co.

JPMorgan Chase & Co. elevated its stake in Possibility Care Well being, Inc. (NASDAQ:OPCH – Free Report) by 29.6% through the 4th quarter, based on its most up-to-date Kind 13F submitting with the SEC. The fund owned 1,511,403 shares of the corporate’s inventory after buying an extra 344,875 shares through the interval. JPMorgan Chase & Co. owned roughly 0.89% of Possibility Care Well being value $35,065,000 as of its most up-to-date SEC submitting.

Various different institutional buyers have additionally lately purchased and bought shares of the inventory. Murphy & Mullick Capital Administration Corp acquired a brand new place in shares of Possibility Care Well being within the 4th quarter valued at about $26,000. UMB Financial institution n.a. lifted its place in Possibility Care Well being by 41.7% through the fourth quarter. UMB Financial institution n.a. now owns 1,176 shares of the corporate’s inventory valued at $27,000 after shopping for an extra 346 shares within the final quarter. Signaturefd LLC grew its stake in Possibility Care Well being by 487.9% through the fourth quarter. Signaturefd LLC now owns 1,211 shares of the corporate’s inventory value $28,000 after shopping for an extra 1,005 shares through the interval. Blue Belief Inc. raised its stake in shares of Possibility Care Well being by 16.9% within the 4th quarter. Blue Belief Inc. now owns 4,703 shares of the corporate’s inventory valued at $109,000 after buying an extra 681 shares through the interval. Lastly, Venturi Wealth Administration LLC lifted its holdings in shares of Possibility Care Well being by 2,621.3% through the 4th quarter. Venturi Wealth Administration LLC now owns 4,735 shares of the corporate’s inventory valued at $110,000 after buying an extra 4,561 shares within the final quarter. 98.05% of the inventory is at the moment owned by hedge funds and different institutional buyers.

Possibility Care Well being Inventory Down 2.0 %

Shares of NASDAQ:OPCH opened at $32.87 on Tuesday. Possibility Care Well being, Inc. has a 12-month low of $21.39 and a 12-month excessive of $35.53. The corporate has a present ratio of 1.73, a fast ratio of 1.32 and a debt-to-equity ratio of 0.77. The agency has a market cap of $5.40 billion, a PE ratio of 27.62, a price-to-earnings-growth ratio of two.30 and a beta of 1.07. The corporate has a fifty day easy shifting common of $33.00 and a 200 day easy shifting common of $28.50.

Insider Transactions at Possibility Care Well being

In associated information, insider Michael Bavaro bought 30,996 shares of Possibility Care Well being inventory in a transaction dated Friday, February twenty eighth. The inventory was bought at a median value of $33.26, for a complete worth of $1,030,926.96. Following the completion of the transaction, the insider now straight owns 44,974 shares within the firm, valued at roughly $1,495,835.24. This commerce represents a 40.80 % lower of their possession of the inventory. The transaction was disclosed in a doc filed with the Securities & Trade Fee, which is accessible via this hyperlink. Insiders personal 0.64% of the corporate’s inventory.

Analyst Rankings Modifications

A number of analysis analysts have commented on OPCH shares. Barrington Analysis raised their value goal on Possibility Care Well being from $33.00 to $38.00 and gave the corporate an “outperform” ranking in a analysis report on Thursday, February twenty seventh. Financial institution of America upgraded Possibility Care Well being from a “impartial” ranking to a “purchase” ranking and raised their goal value for the corporate from $26.00 to $33.00 in a report on Monday, January thirteenth. JMP Securities restated a “market outperform” ranking and issued a $30.00 value goal (down beforehand from $31.00) on shares of Possibility Care Well being in a report on Friday, January tenth. Jefferies Monetary Group upgraded shares of Possibility Care Well being from a “maintain” ranking to a “purchase” ranking and lifted their value goal for the corporate from $26.00 to $35.00 in a analysis be aware on Thursday, January twenty third. Lastly, JPMorgan Chase & Co. upped their goal value on shares of Possibility Care Well being from $40.00 to $41.00 and gave the corporate an “obese” ranking in a analysis be aware on Thursday, March sixth. Two equities analysis analysts have rated the inventory with a maintain ranking and 6 have issued a purchase ranking to the inventory. Based mostly on knowledge from MarketBeat, the inventory presently has a median ranking of “Reasonable Purchase” and a consensus goal value of $33.00.

Learn Our Newest Analysis Report on OPCH

Possibility Care Well being Firm Profile

(Free Report)

Possibility Care Well being, Inc affords house and alternate web site infusion providers in the US. The corporate offers anti-infective therapies; house infusion providers to deal with coronary heart failures; house parenteral vitamin and enteral vitamin assist providers for quite a few acute and power situations, reminiscent of stroke, most cancers, and gastrointestinal illnesses; immunoglobulin infusion therapies for the therapy of immune deficiencies; and coverings for power inflammatory issues, together with crohn’s illness, plaque psoriasis, psoriatic arthritis, rheumatoid arthritis, ulcerative colitis, and different power inflammatory issues.

See Additionally

Wish to see what different hedge funds are holding OPCH? Go to HoldingsChannel.com to get the most recent 13F filings and insider trades for Possibility Care Well being, Inc. (NASDAQ:OPCH – Free Report).

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