State Street Corp Has $560,000 Stake in eHealth, Inc. (NASDAQ:EHTH)

State Street Corp lowered its stake in eHealth, Inc. (NASDAQ:EHTH) by 5.7% in the third quarter, Holdings Channel.com reports. The institutional investor owned 137,375 shares of the financial services provider’s stock after selling 8,300 shares during the quarter. State Street Corp’s holdings in eHealth were worth $560,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Marshall Wace LLP bought a new position in shares of eHealth in the 2nd quarter valued at approximately $675,000. Cubist Systematic Strategies LLC grew its holdings in eHealth by 307.5% during the second quarter. Cubist Systematic Strategies LLC now owns 175,878 shares of the financial services provider’s stock valued at $797,000 after purchasing an additional 132,720 shares during the last quarter. Renaissance Technologies LLC raised its position in shares of eHealth by 104.7% in the second quarter. Renaissance Technologies LLC now owns 257,600 shares of the financial services provider’s stock valued at $1,167,000 after purchasing an additional 131,772 shares during the period. RBF Capital LLC lifted its stake in shares of eHealth by 29.0% in the third quarter. RBF Capital LLC now owns 443,141 shares of the financial services provider’s stock worth $1,808,000 after buying an additional 99,618 shares during the last quarter. Finally, Jacobs Levy Equity Management Inc. boosted its holdings in shares of eHealth by 86.8% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 212,555 shares of the financial services provider’s stock worth $867,000 after buying an additional 98,793 shares during the period. Institutional investors own 79.54% of the company’s stock.

Analysts Set New Price Targets

EHTH has been the subject of a number of research analyst reports. Craig Hallum raised shares of eHealth from a “hold” rating to a “buy” rating and boosted their target price for the stock from $5.00 to $7.00 in a research report on Wednesday, November 6th. UBS Group initiated coverage on eHealth in a research note on Wednesday, December 4th. They set a “neutral” rating and a $5.50 target price for the company. Royal Bank of Canada dropped their price target on eHealth from $13.00 to $11.00 and set a “sector perform” rating on the stock in a research report on Monday, November 25th. Finally, StockNews.com raised eHealth from a “sell” rating to a “hold” rating in a research report on Tuesday, November 5th. Four analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to MarketBeat.com, eHealth currently has an average rating of “Hold” and an average price target of $6.38.

eHealth Stock Up 7.1 %

EHTH stock opened at $9.55 on Friday. eHealth, Inc. has a twelve month low of $3.58 and a twelve month high of $9.55. The company has a quick ratio of 3.10, a current ratio of 3.10 and a debt-to-equity ratio of 0.14. The company has a market cap of $283.00 million, a PE ratio of -3.35 and a beta of 0.47. The business’s 50-day simple moving average is $6.20 and its 200 day simple moving average is $5.02.

About eHealth

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.