Mutual of America Capital Management LLC Has $3.79 Million Position in Option Care Health, Inc. (NASDAQ:OPCH)

Mutual of America Capital Management LLC lowered its holdings in Option Care Health, Inc. (NASDAQ:OPCH) by 1.6% during the fourth quarter, Holdings Channel.com reports. The firm owned 163,222 shares of the company’s stock after selling 2,598 shares during the period. Mutual of America Capital Management LLC’s holdings in Option Care Health were worth $3,787,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. UMB Bank n.a. lifted its stake in shares of Option Care Health by 41.7% during the fourth quarter. UMB Bank n.a. now owns 1,176 shares of the company’s stock valued at $27,000 after acquiring an additional 346 shares during the period. International Assets Investment Management LLC lifted its stake in shares of Option Care Health by 3,029.7% during the third quarter. International Assets Investment Management LLC now owns 2,848 shares of the company’s stock valued at $91,000 after acquiring an additional 2,757 shares during the period. Quarry LP lifted its stake in shares of Option Care Health by 327.7% during the third quarter. Quarry LP now owns 3,430 shares of the company’s stock valued at $107,000 after acquiring an additional 2,628 shares during the period. Blue Trust Inc. lifted its stake in shares of Option Care Health by 16.9% during the fourth quarter. Blue Trust Inc. now owns 4,703 shares of the company’s stock valued at $109,000 after acquiring an additional 681 shares during the period. Finally, Venturi Wealth Management LLC lifted its stake in shares of Option Care Health by 2,621.3% during the fourth quarter. Venturi Wealth Management LLC now owns 4,735 shares of the company’s stock valued at $110,000 after acquiring an additional 4,561 shares during the period. Institutional investors and hedge funds own 98.05% of the company’s stock.

Option Care Health Stock Up 1.4 %

Shares of Option Care Health stock opened at $34.60 on Thursday. Option Care Health, Inc. has a 1 year low of $21.39 and a 1 year high of $34.85. The business has a 50-day moving average of $29.38 and a two-hundred day moving average of $28.14. The company has a market capitalization of $5.72 billion, a P/E ratio of 29.08, a price-to-earnings-growth ratio of 2.30 and a beta of 1.33. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.73 and a quick ratio of 1.32.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on OPCH shares. Barrington Research upped their price target on Option Care Health from $33.00 to $38.00 and gave the company an “outperform” rating in a research note on Thursday, February 27th. JPMorgan Chase & Co. upped their price objective on Option Care Health from $38.00 to $40.00 and gave the company an “overweight” rating in a report on Friday, January 24th. UBS Group started coverage on Option Care Health in a report on Thursday, December 5th. They issued a “neutral” rating and a $26.00 price objective for the company. Bank of America upgraded Option Care Health from a “neutral” rating to a “buy” rating and upped their price objective for the company from $26.00 to $33.00 in a report on Monday, January 13th. Finally, JMP Securities reiterated a “market outperform” rating and issued a $30.00 price objective (down previously from $31.00) on shares of Option Care Health in a report on Friday, January 10th. Two analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $32.88.

Insiders Place Their Bets

In related news, insider Michael Bavaro sold 30,996 shares of the stock in a transaction dated Friday, February 28th. The stock was sold at an average price of $33.26, for a total transaction of $1,030,926.96. Following the completion of the transaction, the insider now directly owns 44,974 shares in the company, valued at approximately $1,495,835.24. This trade represents a 40.80 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.64% of the company’s stock.

Option Care Health 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.