Oscar Health, Inc. (NYSE:OSCR) Shares Acquired by Amundi

Amundi grew its holdings in Oscar Health, Inc. (NYSE:OSCR) by 232.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 690,654 shares of the company’s stock after purchasing an additional 482,784 shares during the period. Amundi’s holdings in Oscar Health were worth $9,282,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also modified their holdings of the business. PNC Financial Services Group Inc. lifted its stake in shares of Oscar Health by 20.5% in the 4th quarter. PNC Financial Services Group Inc. now owns 17,896 shares of the company’s stock valued at $241,000 after purchasing an additional 3,040 shares during the last quarter. Raymond James Financial Inc. acquired a new position in Oscar Health during the 4th quarter worth about $6,613,000. Arizona State Retirement System lifted its stake in Oscar Health by 3.1% during the 4th quarter. Arizona State Retirement System now owns 47,918 shares of the company’s stock worth $644,000 after acquiring an additional 1,454 shares in the last quarter. Victory Capital Management Inc. lifted its stake in Oscar Health by 296.0% during the 4th quarter. Victory Capital Management Inc. now owns 231,059 shares of the company’s stock worth $3,105,000 after acquiring an additional 172,706 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its stake in Oscar Health by 3.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,654,862 shares of the company’s stock worth $22,241,000 after acquiring an additional 54,696 shares in the last quarter. Institutional investors and hedge funds own 75.70% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. Wells Fargo & Company lowered Oscar Health from an “overweight” rating to an “equal weight” rating and decreased their target price for the stock from $20.00 to $16.00 in a research note on Thursday. Jefferies Financial Group assumed coverage on Oscar Health in a research note on Tuesday, December 10th. They set an “underperform” rating and a $12.00 target price on the stock. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating, three have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, Oscar Health currently has a consensus rating of “Hold” and a consensus price target of $20.19.

Oscar Health Price Performance

OSCR stock opened at $13.23 on Friday. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.73 and a quick ratio of 0.73. The firm has a market capitalization of $3.31 billion, a P/E ratio of -660.92 and a beta of 1.75. The business’s 50-day moving average is $15.21 and its two-hundred day moving average is $16.39. Oscar Health, Inc. has a 1 year low of $12.43 and a 1 year high of $23.79.

Oscar Health (NYSE:OSCR) last posted its quarterly earnings results on Tuesday, February 4th. The company reported ($0.62) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.55) by ($0.07). Oscar Health had a net margin of 0.28% and a return on equity of 2.28%. Analysts anticipate that Oscar Health, Inc. will post 0.69 earnings per share for the current fiscal year.

About Oscar Health

Oscar Health, Inc operates as a health insurance in the United States. The company offers health plans in individual and small group markets, as well as +Oscar, a technology driven platform that help providers and payors directly enable their shift to value-based care. It also provides reinsurance products.