Oak Street Health (NYSE:OSH) Downgraded to Market Perform at Raymond James

Raymond James downgraded shares of Oak Street Health (NYSE:OSHGet Rating) from an outperform rating to a market perform rating in a research note issued to investors on Monday morning, Marketbeat reports.

A number of other research firms have also commented on OSH. Evercore ISI lifted their price target on shares of Oak Street Health to $37.00 in a research report on Tuesday, August 9th. Canaccord Genuity Group dropped their price target on shares of Oak Street Health from $32.00 to $27.00 in a research report on Wednesday, November 9th. Cowen lifted their price target on shares of Oak Street Health to $34.00 in a research report on Tuesday, August 9th. Argus started coverage on shares of Oak Street Health in a research report on Tuesday, July 26th. They issued a hold rating on the stock. Finally, Stifel Nicolaus boosted their target price on shares of Oak Street Health from $25.00 to $35.00 in a research report on Wednesday, July 27th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Oak Street Health currently has a consensus rating of Hold and an average price target of $30.87.

Oak Street Health Trading Up 4.3 %

NYSE OSH opened at $19.22 on Monday. Oak Street Health has a 12-month low of $13.29 and a 12-month high of $35.61. The company has a 50 day moving average price of $22.11 and a two-hundred day moving average price of $22.38.

Insider Buying and Selling at Oak Street Health

In other Oak Street Health news, COO Brian Clem sold 5,000 shares of the business’s stock in a transaction on Monday, October 3rd. The shares were sold at an average price of $24.08, for a total value of $120,400.00. Following the sale, the chief operating officer now owns 563,768 shares of the company’s stock, valued at approximately $13,575,533.44. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In other news, COO Brian Clem sold 5,000 shares of the business’s stock in a transaction on Monday, October 3rd. The shares were sold at an average price of $24.08, for a total value of $120,400.00. Following the sale, the chief operating officer now owns 563,768 shares in the company, valued at approximately $13,575,533.44. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Griffin Myers sold 50,000 shares of the business’s stock in a transaction on Thursday, September 8th. The shares were sold at an average price of $27.39, for a total transaction of $1,369,500.00. Following the completion of the sale, the insider now owns 4,904,159 shares in the company, valued at approximately $134,324,915.01. The disclosure for this sale can be found here. Insiders have sold 948,496 shares of company stock valued at $23,636,371 in the last 90 days. 11.40% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Oak Street Health

Several institutional investors and hedge funds have recently made changes to their positions in OSH. Public Employees Retirement System of Ohio lifted its position in Oak Street Health by 0.8% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 58,460 shares of the company’s stock worth $1,433,000 after buying an additional 460 shares in the last quarter. Treasurer of the State of North Carolina lifted its position in Oak Street Health by 1.3% during the 3rd quarter. Treasurer of the State of North Carolina now owns 49,917 shares of the company’s stock worth $1,224,000 after buying an additional 640 shares in the last quarter. Victory Capital Management Inc. lifted its position in Oak Street Health by 7.0% during the 1st quarter. Victory Capital Management Inc. now owns 14,994 shares of the company’s stock worth $271,000 after buying an additional 975 shares in the last quarter. Utah Retirement Systems lifted its position in Oak Street Health by 5.4% during the 2nd quarter. Utah Retirement Systems now owns 19,400 shares of the company’s stock worth $319,000 after buying an additional 1,000 shares in the last quarter. Finally, Benjamin Edwards Inc. lifted its position in Oak Street Health by 9,016.7% during the 1st quarter. Benjamin Edwards Inc. now owns 1,094 shares of the company’s stock worth $29,000 after buying an additional 1,082 shares in the last quarter. Institutional investors and hedge funds own 91.33% of the company’s stock.

About Oak Street Health

(Get Rating)

Oak Street Health, Inc, together with its subsidiaries, offers healthcare services to the patients in the United States. The company operates primary care centers for Medicare beneficiaries. As of December 31, 2021, it operated 129 centers in 19 states, including Illinois, Michigan, Pennsylvania, Ohio, and Texas.

Further Reading

Analyst Recommendations for Oak Street Health (NYSE:OSH)

Receive News & Ratings for Oak Street Health Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oak Street Health and related companies with MarketBeat.com's FREE daily email newsletter.