US Bancorp DE Has $478,000 Stake in Option Care Health, Inc. (NASDAQ:OPCH)

US Bancorp DE boosted its stake in Option Care Health, Inc. (NASDAQ:OPCHGet Rating) by 387.4% in the third quarter, HoldingsChannel.com reports. The firm owned 15,187 shares of the company’s stock after buying an additional 12,071 shares during the period. US Bancorp DE’s holdings in Option Care Health were worth $478,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. FMR LLC increased its holdings in Option Care Health by 4.9% in the second quarter. FMR LLC now owns 19,738,359 shares of the company’s stock valued at $548,530,000 after purchasing an additional 918,277 shares during the period. State Street Corp increased its holdings in Option Care Health by 3.0% in the first quarter. State Street Corp now owns 4,539,810 shares of the company’s stock valued at $129,657,000 after purchasing an additional 133,504 shares during the period. Bellevue Group AG increased its holdings in Option Care Health by 10.6% in the first quarter. Bellevue Group AG now owns 3,232,787 shares of the company’s stock valued at $92,328,000 after purchasing an additional 308,744 shares during the period. Goldman Sachs Group Inc. increased its holdings in Option Care Health by 44.8% in the first quarter. Goldman Sachs Group Inc. now owns 2,246,243 shares of the company’s stock valued at $64,153,000 after purchasing an additional 694,540 shares during the period. Finally, Dimensional Fund Advisors LP increased its holdings in Option Care Health by 4.8% in the first quarter. Dimensional Fund Advisors LP now owns 2,185,094 shares of the company’s stock valued at $62,405,000 after purchasing an additional 100,907 shares during the period. 97.63% of the stock is currently owned by institutional investors and hedge funds.

Option Care Health Stock Performance

Shares of Option Care Health stock opened at $27.99 on Monday. The company has a current ratio of 1.62, a quick ratio of 1.22 and a debt-to-equity ratio of 0.79. The business has a 50-day moving average price of $29.47 and a two-hundred day moving average price of $31.27. Option Care Health, Inc. has a 1-year low of $21.32 and a 1-year high of $35.87. The company has a market cap of $5.09 billion, a P/E ratio of 28.56, a PEG ratio of 2.21 and a beta of 1.17.

Option Care Health (NASDAQ:OPCHGet Rating) last issued its quarterly earnings results on Thursday, October 27th. The company reported $0.21 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.21. The firm had revenue of $1.02 billion during the quarter, compared to the consensus estimate of $994.38 million. Option Care Health had a return on equity of 11.80% and a net margin of 4.64%. As a group, analysts anticipate that Option Care Health, Inc. will post 0.79 EPS for the current year.

Analysts Set New Price Targets

Separately, Barrington Research increased their price target on Option Care Health from $37.00 to $38.00 and gave the stock an “outperform” rating in a report on Friday, October 28th.

Option Care Health Company Profile

(Get Rating)

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.

See Also

Want to see what other hedge funds are holding OPCH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Option Care Health, Inc. (NASDAQ:OPCHGet Rating).

Institutional Ownership by Quarter for Option Care Health (NASDAQ:OPCH)

Receive News & Ratings for Option Care Health Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Option Care Health and related companies with MarketBeat.com's FREE daily email newsletter.