Los Angeles Capital Management LLC Sells 114,256 Shares of Agilon Health, Inc. $AGL

Los Angeles Capital Management LLC reduced its position in Agilon Health, Inc. (NYSE:AGL) by 87.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 16,223 shares of the company’s stock after selling 114,256 shares during the quarter. Los Angeles Capital Management LLC’s holdings in Agilon Health were worth $37,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of AGL. Amundi boosted its holdings in Agilon Health by 49.2% in the 1st quarter. Amundi now owns 1,484,709 shares of the company’s stock worth $5,939,000 after buying an additional 489,414 shares during the period. Caxton Associates LLP purchased a new position in shares of Agilon Health in the first quarter valued at about $1,529,000. Russell Investments Group Ltd. grew its position in shares of Agilon Health by 196.1% during the first quarter. Russell Investments Group Ltd. now owns 107,024 shares of the company’s stock worth $463,000 after purchasing an additional 70,883 shares in the last quarter. Charles Schwab Investment Management Inc. raised its stake in Agilon Health by 8.8% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 4,939,576 shares of the company’s stock valued at $21,388,000 after purchasing an additional 398,027 shares during the period. Finally, Signaturefd LLC lifted its holdings in Agilon Health by 65.1% in the 2nd quarter. Signaturefd LLC now owns 30,479 shares of the company’s stock worth $70,000 after purchasing an additional 12,018 shares in the last quarter.

Agilon Health Stock Up 1.1%

Agilon Health stock opened at $0.54 on Wednesday. The company has a market cap of $225.12 million, a price-to-earnings ratio of -0.72 and a beta of 0.05. The firm’s fifty day moving average is $0.94 and its 200 day moving average is $1.63. Agilon Health, Inc. has a 52-week low of $0.53 and a 52-week high of $6.08.

Agilon Health (NYSE:AGL) last issued its quarterly earnings data on Tuesday, November 4th. The company reported ($0.27) EPS for the quarter, missing analysts’ consensus estimates of ($0.18) by ($0.09). The business had revenue of $1.44 billion during the quarter, compared to analysts’ expectations of $1.43 billion. Agilon Health had a negative return on equity of 75.92% and a negative net margin of 5.24%. Agilon Health has set its FY 2025 guidance at EPS. On average, equities research analysts anticipate that Agilon Health, Inc. will post -0.59 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on AGL. Robert W. Baird cut their price objective on shares of Agilon Health from $5.00 to $1.00 and set a “neutral” rating for the company in a report on Thursday, August 14th. Jefferies Financial Group cut their target price on shares of Agilon Health from $2.40 to $1.10 and set a “hold” rating for the company in a research note on Friday, August 15th. Benchmark decreased their price target on shares of Agilon Health from $4.00 to $1.50 and set a “buy” rating on the stock in a research note on Wednesday, August 6th. Sanford C. Bernstein reissued a “market perform” rating and set a $1.40 price objective (down previously from $4.00) on shares of Agilon Health in a report on Wednesday, August 20th. Finally, Barclays cut their price objective on Agilon Health from $1.50 to $1.00 and set an “underweight” rating for the company in a research report on Thursday, November 6th. Four analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $2.73.

Agilon Health 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.