American Century Companies Inc. Purchases 375,637 Shares of DocGo Inc. (NASDAQ:DCGO)

American Century Companies Inc. lifted its position in shares of DocGo Inc. (NASDAQ:DCGO) by 490.3% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 452,254 shares of the company’s stock after purchasing an additional 375,637 shares during the quarter. American Century Companies Inc.’s holdings in DocGo were worth $1,918,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. SG Americas Securities LLC lifted its position in DocGo by 12.9% during the fourth quarter. SG Americas Securities LLC now owns 43,052 shares of the company’s stock valued at $183,000 after buying an additional 4,905 shares during the period. Rhumbline Advisers increased its stake in shares of DocGo by 4.5% in the 4th quarter. Rhumbline Advisers now owns 142,762 shares of the company’s stock worth $605,000 after acquiring an additional 6,204 shares in the last quarter. Victory Capital Management Inc. increased its stake in shares of DocGo by 12.3% in the 4th quarter. Victory Capital Management Inc. now owns 57,649 shares of the company’s stock worth $244,000 after acquiring an additional 6,300 shares in the last quarter. Centiva Capital LP purchased a new position in DocGo during the 3rd quarter valued at about $43,000. Finally, Intech Investment Management LLC boosted its stake in DocGo by 76.7% during the fourth quarter. Intech Investment Management LLC now owns 32,834 shares of the company’s stock worth $139,000 after acquiring an additional 14,247 shares in the last quarter. 56.44% of the stock is owned by hedge funds and other institutional investors.

DocGo Stock Down 1.2 %

Shares of NASDAQ DCGO opened at $2.51 on Wednesday. The firm has a market cap of $255.98 million, a P/E ratio of 8.96, a PEG ratio of 14.16 and a beta of 1.12. DocGo Inc. has a twelve month low of $2.39 and a twelve month high of $5.68. The company has a 50 day moving average of $3.71 and a 200 day moving average of $3.86.

Analyst Ratings Changes

A number of equities analysts have weighed in on the stock. Deutsche Bank Aktiengesellschaft downgraded shares of DocGo from a “buy” rating to a “hold” rating and decreased their target price for the company from $5.00 to $2.85 in a research note on Friday, February 28th. Stifel Nicolaus lowered their price objective on DocGo from $6.50 to $5.50 and set a “buy” rating for the company in a research note on Friday, February 28th. Finally, Needham & Company LLC reissued a “buy” rating and issued a $4.00 target price on shares of DocGo in a report on Tuesday. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, DocGo currently has a consensus rating of “Moderate Buy” and a consensus target price of $4.89.

About DocGo

DocGo Inc provides mobile health and medical transportation services for various health care providers in the United States and the United Kingdom. The company's transportation services include emergency response services; and non-emergency transport services comprise ambulance and wheelchair transportation services.