Counterpoint Mutual Funds LLC Invests $421,000 in agilon health, inc. (NYSE:AGL)

Counterpoint Mutual Funds LLC purchased a new position in shares of agilon health, inc. (NYSE:AGL) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 69,051 shares of the company’s stock, valued at approximately $421,000.

A number of other hedge funds have also modified their holdings of AGL. Citigroup Inc. grew its holdings in shares of agilon health by 242.0% during the third quarter. Citigroup Inc. now owns 26,190 shares of the company’s stock worth $465,000 after buying an additional 18,532 shares in the last quarter. Rhumbline Advisers lifted its holdings in agilon health by 6.7% during the 3rd quarter. Rhumbline Advisers now owns 376,552 shares of the company’s stock worth $6,688,000 after purchasing an additional 23,552 shares during the last quarter. Mariner LLC lifted its holdings in agilon health by 64.1% during the 3rd quarter. Mariner LLC now owns 97,298 shares of the company’s stock worth $1,728,000 after purchasing an additional 38,023 shares during the last quarter. Northern Trust Corp lifted its holdings in agilon health by 3.2% during the 3rd quarter. Northern Trust Corp now owns 1,333,158 shares of the company’s stock worth $23,677,000 after purchasing an additional 41,489 shares during the last quarter. Finally, Covestor Ltd raised its holdings in agilon health by 1,439.6% in the 3rd quarter. Covestor Ltd now owns 5,912 shares of the company’s stock valued at $105,000 after acquiring an additional 5,528 shares in the last quarter.

Analyst Ratings Changes

AGL has been the topic of several recent analyst reports. Citigroup initiated coverage on agilon health in a research note on Monday, April 22nd. They issued a “neutral” rating and a $6.00 price target on the stock. Baird R W upgraded agilon health to a “hold” rating in a research report on Thursday, May 30th. Truist Financial raised their price objective on agilon health from $6.40 to $6.50 and gave the stock a “hold” rating in a research report on Friday, May 24th. Robert W. Baird began coverage on agilon health in a research report on Thursday, May 30th. They set a “neutral” rating and a $6.00 price objective for the company. Finally, Evercore ISI lowered their target price on agilon health from $7.00 to $6.00 and set an “in-line” rating for the company in a report on Wednesday, February 28th. One research analyst has rated the stock with a sell rating, fourteen have assigned a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, agilon health presently has an average rating of “Hold” and an average price target of $9.03.

agilon health Stock Up 4.3 %

agilon health stock traded up $0.27 during mid-day trading on Wednesday, reaching $6.55. The stock had a trading volume of 3,909,687 shares, compared to its average volume of 5,069,747. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.33 and a current ratio of 1.33. agilon health, inc. has a fifty-two week low of $4.41 and a fifty-two week high of $21.52. The stock’s 50-day simple moving average is $5.83 and its 200-day simple moving average is $6.90. The firm has a market capitalization of $2.69 billion, a PE ratio of -9.36 and a beta of 0.59.

agilon health (NYSE:AGL) last announced its earnings results on Tuesday, May 7th. The company reported $0.01 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.02) by $0.03. The company had revenue of $1.60 billion for the quarter, compared to analysts’ expectations of $1.62 billion. agilon health had a negative return on equity of 26.15% and a negative net margin of 5.67%. On average, sell-side analysts forecast that agilon health, inc. will post -0.34 EPS for the current fiscal year.

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.