agilon health (NYSE:AGL) Stock Rating Lowered by William Blair

agilon health (NYSE:AGL) was downgraded by equities research analysts at William Blair from an “outperform” rating to a “market perform” rating in a research report issued to clients and investors on Friday, MarketBeat Ratings reports.

AGL has been the subject of a number of other reports. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of agilon health from $5.00 to $4.00 and set a “hold” rating for the company in a research note on Friday, August 9th. Royal Bank of Canada restated an “outperform” rating and issued a $8.00 price target on shares of agilon health in a research report on Wednesday, August 7th. Evercore ISI lowered their price objective on shares of agilon health from $7.00 to $4.00 and set an “in-line” rating on the stock in a research report on Tuesday, October 8th. Citigroup restated a “sell” rating and issued a $2.50 target price (down previously from $7.00) on shares of agilon health in a report on Tuesday, October 29th. Finally, Bank of America downgraded agilon health from a “buy” rating to an “underperform” rating and set a $3.00 price target on the stock. in a report on Wednesday, October 2nd. Three research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and four have given a buy rating to the company. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $7.81.

agilon health Stock Performance

Shares of NYSE AGL opened at $1.84 on Friday. The stock’s fifty day simple moving average is $3.26 and its 200 day simple moving average is $4.97. The stock has a market capitalization of $757.12 million, a price-to-earnings ratio of -2.52 and a beta of 0.60. The company has a quick ratio of 1.36, a current ratio of 1.36 and a debt-to-equity ratio of 0.04. agilon health has a 52-week low of $1.80 and a 52-week high of $13.76.

Insider Transactions at agilon health

In related news, CEO Steven Sell acquired 20,000 shares of the business’s stock in a transaction that occurred on Thursday, September 12th. The shares were acquired at an average cost of $3.36 per share, with a total value of $67,200.00. Following the purchase, the chief executive officer now owns 67,590 shares of the company’s stock, valued at approximately $227,102.40. The trade was a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 3.20% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. boosted its holdings in agilon health by 1.3% during the first quarter. Vanguard Group Inc. now owns 28,947,798 shares of the company’s stock valued at $176,582,000 after acquiring an additional 371,537 shares during the period. AQR Capital Management LLC lifted its position in shares of agilon health by 3,338.5% during the 2nd quarter. AQR Capital Management LLC now owns 1,356,438 shares of the company’s stock worth $8,871,000 after purchasing an additional 1,316,990 shares during the last quarter. Susquehanna Fundamental Investments LLC boosted its stake in agilon health by 65.0% during the 2nd quarter. Susquehanna Fundamental Investments LLC now owns 804,594 shares of the company’s stock valued at $5,262,000 after purchasing an additional 316,856 shares during the period. Capital International Investors grew its holdings in agilon health by 84.7% in the 1st quarter. Capital International Investors now owns 20,197,932 shares of the company’s stock valued at $123,207,000 after buying an additional 9,263,296 shares during the last quarter. Finally, Simplicity Wealth LLC lifted its holdings in shares of agilon health by 145.1% during the second quarter. Simplicity Wealth LLC now owns 26,210 shares of the company’s stock worth $171,000 after buying an additional 15,515 shares during the last quarter.

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.