17,411 Shares in eHealth, Inc. (NASDAQ:EHTH) Bought by Occudo Quantitative Strategies LP

Occudo Quantitative Strategies LP acquired a new position in shares of eHealth, Inc. (NASDAQ:EHTH) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 17,411 shares of the financial services provider’s stock, valued at approximately $164,000. Occudo Quantitative Strategies LP owned about 0.06% of eHealth at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. American Century Companies Inc. lifted its stake in eHealth by 4.0% in the fourth quarter. American Century Companies Inc. now owns 46,422 shares of the financial services provider’s stock valued at $436,000 after buying an additional 1,772 shares during the last quarter. R Squared Ltd bought a new stake in eHealth in the fourth quarter valued at $29,000. Sei Investments Co. lifted its stake in eHealth by 5.3% in the fourth quarter. Sei Investments Co. now owns 110,728 shares of the financial services provider’s stock valued at $1,041,000 after buying an additional 5,622 shares during the last quarter. Jump Financial LLC lifted its stake in eHealth by 34.8% in the fourth quarter. Jump Financial LLC now owns 29,710 shares of the financial services provider’s stock valued at $279,000 after buying an additional 7,678 shares during the last quarter. Finally, Geode Capital Management LLC lifted its stake in eHealth by 2.4% in the fourth quarter. Geode Capital Management LLC now owns 325,972 shares of the financial services provider’s stock valued at $3,065,000 after buying an additional 7,680 shares during the last quarter. 79.54% of the stock is currently owned by institutional investors.

eHealth Price Performance

Shares of EHTH opened at $4.42 on Friday. The firm has a market capitalization of $134.05 million, a price-to-earnings ratio of -1.55 and a beta of 1.11. The company has a debt-to-equity ratio of 0.14, a quick ratio of 3.10 and a current ratio of 3.10. eHealth, Inc. has a one year low of $3.58 and a one year high of $11.36. The stock’s fifty day moving average is $6.16 and its 200-day moving average is $7.35.

eHealth (NASDAQ:EHTH) last issued its quarterly earnings results on Wednesday, May 7th. The financial services provider reported ($0.33) EPS for the quarter, beating analysts’ consensus estimates of ($0.41) by $0.08. The company had revenue of $113.12 million for the quarter, compared to analyst estimates of $99.46 million. eHealth had a negative return on equity of 5.70% and a negative net margin of 7.58%. Equities analysts anticipate that eHealth, Inc. will post -2.17 EPS for the current year.

Wall Street Analysts Forecast Growth

EHTH has been the topic of a number of recent research reports. StockNews.com cut eHealth from a “buy” rating to a “hold” rating in a research note on Sunday, May 11th. UBS Group cut their target price on eHealth from $9.50 to $7.00 and set a “neutral” rating on the stock in a research note on Thursday, May 8th. Four analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $6.75.

eHealth Company Profile

eHealth, Inc operates a health insurance marketplace that provides consumer engagement, education, and health insurance enrollment solutions in the United States. The company operates in two segments, Medicare; and Employer and Individual. The Medicare segment offers sale of Medicare-related health insurance plans, which includes Medicare advantage, Medicare Supplement, and Medicare Part D prescription drug plans to Medicare-eligible customers including but not limited to, dental, and vision insurance, as well as advertising program for marketing and other services.