Vontobel Holding Ltd. Sells 2,974 Shares of Option Care Health, Inc. (NASDAQ:OPCH)

Vontobel Holding Ltd. lowered its position in shares of Option Care Health, Inc. (NASDAQ:OPCH) by 22.6% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 10,194 shares of the company’s stock after selling 2,974 shares during the quarter. Vontobel Holding Ltd.’s holdings in Option Care Health were worth $343,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of the company. Securian Asset Management Inc. lifted its position in shares of Option Care Health by 3.4% during the 3rd quarter. Securian Asset Management Inc. now owns 15,235 shares of the company’s stock worth $493,000 after buying an additional 503 shares in the last quarter. Sheets Smith Wealth Management increased its stake in shares of Option Care Health by 1.6% during the 3rd quarter. Sheets Smith Wealth Management now owns 32,542 shares of the company’s stock worth $1,053,000 after purchasing an additional 510 shares during the last quarter. Alliance Wealth Advisors LLC UT increased its stake in shares of Option Care Health by 7.7% during the 3rd quarter. Alliance Wealth Advisors LLC UT now owns 11,234 shares of the company’s stock worth $363,000 after purchasing an additional 802 shares during the last quarter. State of Alaska Department of Revenue increased its stake in shares of Option Care Health by 4.3% during the 3rd quarter. State of Alaska Department of Revenue now owns 21,376 shares of the company’s stock worth $691,000 after purchasing an additional 880 shares during the last quarter. Finally, Tower Research Capital LLC TRC increased its stake in shares of Option Care Health by 11.0% during the 3rd quarter. Tower Research Capital LLC TRC now owns 9,190 shares of the company’s stock worth $297,000 after purchasing an additional 913 shares during the last quarter. Institutional investors own 98.05% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on OPCH shares. Jefferies Financial Group raised their price target on shares of Option Care Health from $36.00 to $38.00 and gave the stock a “buy” rating in a research note on Monday, March 4th. Barrington Research raised their price target on shares of Option Care Health from $35.00 to $38.00 and gave the stock an “outperform” rating in a research note on Friday, February 23rd.

Option Care Health Stock Up 0.6 %

Option Care Health stock opened at $30.59 on Wednesday. Option Care Health, Inc. has a 1-year low of $24.23 and a 1-year high of $35.74. The firm has a market capitalization of $5.32 billion, a price-to-earnings ratio of 20.81, a P/E/G ratio of 1.77 and a beta of 1.22. The company has a current ratio of 1.77, a quick ratio of 1.33 and a debt-to-equity ratio of 0.74. The firm has a 50 day simple moving average of $32.19 and a 200 day simple moving average of $31.53.

Option Care Health (NASDAQ:OPCH) last released its quarterly earnings data on Thursday, February 22nd. The company reported $0.32 earnings per share for the quarter, beating analysts’ consensus estimates of $0.29 by $0.03. Option Care Health had a net margin of 6.21% and a return on equity of 18.78%. The business had revenue of $1.12 billion during the quarter, compared to analyst estimates of $1.09 billion. During the same period in the previous year, the business earned $0.26 EPS. Option Care Health’s revenue was up 9.5% compared to the same quarter last year. On average, analysts predict that Option Care Health, Inc. will post 1.13 earnings per share for the current year.

Insider Activity at Option Care Health

In other Option Care Health news, Director Harry M. Jansen Kraemer, Jr. acquired 35,000 shares of Option Care Health stock in a transaction that occurred on Monday, February 26th. The stock was acquired at an average cost of $31.55 per share, for a total transaction of $1,104,250.00. Following the purchase, the director now owns 269,528 shares of the company’s stock, valued at $8,503,608.40. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.64% of the stock is owned by company insiders.

Option Care Health Company Profile

Option Care Health, Inc offers home and alternate site infusion services in the United States. The company provides anti-infective therapies; home infusion services to treat heart failures; home parenteral nutrition and enteral nutrition support services for numerous acute and chronic conditions, such as stroke, cancer, and gastrointestinal diseases; immunoglobulin infusion therapies for the treatment of immune deficiencies; and treatments for chronic inflammatory disorders, including crohn's disease, plaque psoriasis, psoriatic arthritis, rheumatoid arthritis, ulcerative colitis, and other chronic inflammatory disorders.