Compass Wealth Management LLC trimmed its position in Option Care Health, Inc. (NASDAQ:OPCH – Free Report) by 23.3% in the third quarter, HoldingsChannel reports. The firm owned 177,062 shares of the company’s stock after selling 53,885 shares during the quarter. Compass Wealth Management LLC’s holdings in Option Care Health were worth $3,982,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Pinnacle Associates Ltd. lifted its position in shares of Option Care Health by 1.8% during the 3rd quarter. Pinnacle Associates Ltd. now owns 20,355 shares of the company’s stock worth $458,000 after buying an additional 354 shares in the last quarter. Pacer Advisors Inc. boosted its stake in shares of Option Care Health by 1.3% in the 1st quarter. Pacer Advisors Inc. now owns 42,649 shares of the company’s stock worth $1,148,000 after buying an additional 528 shares during the last quarter. Central Pacific Bank Trust Division boosted its stake in shares of Option Care Health by 3.9% in the 3rd quarter. Central Pacific Bank Trust Division now owns 14,369 shares of the company’s stock worth $323,000 after buying an additional 540 shares during the last quarter. State of Michigan Retirement System grew its holdings in shares of Option Care Health by 1.6% in the first quarter. State of Michigan Retirement System now owns 38,159 shares of the company’s stock valued at $1,027,000 after acquiring an additional 600 shares in the last quarter. Finally, Oregon Public Employees Retirement Fund grew its holdings in shares of Option Care Health by 2.5% in the first quarter. Oregon Public Employees Retirement Fund now owns 32,530 shares of the company’s stock valued at $876,000 after acquiring an additional 800 shares in the last quarter. Hedge funds and other institutional investors own 98.05% of the company’s stock.
Option Care Health Price Performance
Option Care Health stock opened at $31.29 on Friday. The firm has a 50 day moving average price of $25.57 and a 200-day moving average price of $23.84. The company has a quick ratio of 0.98, a current ratio of 1.47 and a debt-to-equity ratio of 0.91. Option Care Health, Inc. has a twelve month low of $18.01 and a twelve month high of $36.80. The company has a market capitalization of $4.69 billion, a P/E ratio of 23.53, a P/E/G ratio of 1.90 and a beta of 0.58.
Option Care Health (NASDAQ:OPCH – Get Free Report) last posted its quarterly earnings results on Wednesday, July 29th. The company reported $0.45 EPS for the quarter, topping analysts’ consensus estimates of $0.43 by $0.02. The company had revenue of $1.44 billion for the quarter, compared to analysts’ expectations of $1.42 billion. Option Care Health had a net margin of 3.68% and a return on equity of 18.74%. Option Care Health’s revenue was up 1.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.41 EPS. Option Care Health has set its FY 2026 guidance at 1.850-1.920 EPS. As a group, equities analysts predict that Option Care Health, Inc. will post 1.70 EPS for the current year.
Analyst Ratings Changes
A number of analysts recently commented on OPCH shares. Zacks Research raised Option Care Health from a “strong sell” rating to a “hold” rating in a research report on Monday, July 6th. Citizens Jmp cut Option Care Health from a “market outperform” rating to a “hold” rating in a research report on Wednesday, October 7th. UBS Group downgraded Option Care Health from a “buy” rating to a “neutral” rating and reduced their price objective for the company from $39.00 to $32.05 in a research note on Friday, October 9th. Weiss Ratings upgraded Option Care Health from a “hold (c-)” rating to a “hold (c)” rating in a research note on Tuesday. Finally, Stephens reaffirmed an “equal weight” rating and set a $24.00 target price (down from $30.00) on shares of Option Care Health in a research report on Friday, July 17th. Two research analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $29.48.
Option Care Health Profile
Option Care Health, Inc is an independent provider of home and alternate-site infusion services in the United States. The company coordinates and delivers infusion therapy outside traditional hospital settings, including patients’ homes, ambulatory infusion suites and other outpatient locations.
Its services include administration of anti-infective therapies, immune globulin, nutrition support, inotropic therapies and medications used in the treatment of chronic and complex conditions.
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