Investors Purchase High Volume of agilon health Call Options (NYSE:AGL)

agilon health, inc. (NYSE:AGL) saw some unusual options trading on Friday. Traders purchased 6,103 call options on the stock. This is an increase of approximately 471% compared to the average volume of 1,069 call options.

Analyst Ratings Changes

A number of analysts have recently issued reports on AGL shares. Macquarie started coverage on agilon health in a report on Monday, December 16th. They issued a “neutral” rating and a $3.00 target price for the company. Citigroup upgraded agilon health from a “sell” rating to a “neutral” rating and increased their target price for the company from $1.75 to $2.25 in a report on Friday, January 10th. Sanford C. Bernstein increased their target price on agilon health from $2.50 to $3.15 and gave the company a “market perform” rating in a report on Wednesday, January 15th. Needham & Company LLC restated a “hold” rating on shares of agilon health in a report on Friday. Finally, Royal Bank of Canada increased their target price on agilon health from $3.00 to $3.50 and gave the company an “outperform” rating in a report on Wednesday, February 26th. Two analysts have rated the stock with a sell rating, thirteen have given a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $3.95.

agilon health Trading Up 6.2 %

Shares of AGL stock traded up $0.26 during trading hours on Friday, hitting $4.36. 3,365,968 shares of the company’s stock traded hands, compared to its average volume of 4,613,849. The stock’s 50 day simple moving average is $3.47 and its 200 day simple moving average is $2.95. The stock has a market cap of $1.80 billion, a PE ratio of -4.64 and a beta of 0.67. agilon health has a 12 month low of $1.50 and a 12 month high of $7.73. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 0.06.

Hedge Funds Weigh In On agilon health

Several large investors have recently modified their holdings of the business. Wealth Enhancement Advisory Services LLC bought a new position in shares of agilon health during the fourth quarter valued at $155,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of agilon health by 24.6% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 797,658 shares of the company’s stock worth $1,516,000 after buying an additional 157,610 shares during the period. Two Sigma Advisers LP increased its position in shares of agilon health by 4,393.5% during the fourth quarter. Two Sigma Advisers LP now owns 480,800 shares of the company’s stock worth $914,000 after buying an additional 470,100 shares during the period. Two Sigma Investments LP increased its position in shares of agilon health by 73.7% during the fourth quarter. Two Sigma Investments LP now owns 857,867 shares of the company’s stock worth $1,630,000 after buying an additional 363,855 shares during the period. Finally, State of Wyoming increased its position in shares of agilon health by 89.3% during the fourth quarter. State of Wyoming now owns 122,504 shares of the company’s stock worth $233,000 after buying an additional 57,802 shares during the period.

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.