Fort Washington Investment Advisors Inc. OH Grows Stock Position in Option Care Health, Inc. $OPCH

Fort Washington Investment Advisors Inc. OH increased its stake in Option Care Health, Inc. (NASDAQ:OPCH) by 2.9% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,479,728 shares of the company’s stock after acquiring an additional 42,317 shares during the period. Fort Washington Investment Advisors Inc. OH owned about 0.94% of Option Care Health worth $39,834,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Pictet Asset Management Holding SA increased its stake in Option Care Health by 6.4% in the 1st quarter. Pictet Asset Management Holding SA now owns 25,750 shares of the company’s stock worth $693,000 after purchasing an additional 1,551 shares during the period. Louisiana State Employees Retirement System purchased a new stake in shares of Option Care Health during the first quarter valued at approximately $1,238,000. Blue Trust Inc. grew its holdings in shares of Option Care Health by 9.9% in the first quarter. Blue Trust Inc. now owns 10,100 shares of the company’s stock worth $272,000 after purchasing an additional 913 shares during the last quarter. OP Asset Management Ltd bought a new position in shares of Option Care Health in the first quarter worth approximately $591,000. Finally, Brookstone Capital Management purchased a new position in shares of Option Care Health in the first quarter worth $634,000. 98.05% of the stock is currently owned by hedge funds and other institutional investors.

Option Care Health Price Performance

Shares of Option Care Health stock opened at $21.82 on Friday. The company has a quick ratio of 1.07, a current ratio of 1.64 and a debt-to-equity ratio of 0.85. The company has a market cap of $3.43 billion, a PE ratio of 16.91, a P/E/G ratio of 1.21 and a beta of 0.67. The business has a 50 day moving average of $22.38 and a 200 day moving average of $28.65. Option Care Health, Inc. has a 52 week low of $18.01 and a 52 week high of $36.80.

Option Care Health (NASDAQ:OPCH) last released its quarterly earnings results on Thursday, April 30th. The company reported $0.40 earnings per share for the quarter, beating the consensus estimate of $0.37 by $0.03. The business had revenue of $1.35 billion for the quarter, compared to analysts’ expectations of $1.39 billion. Option Care Health had a net margin of 3.64% and a return on equity of 18.17%. The firm’s revenue for the quarter was up 1.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.40 earnings per share. Option Care Health has set its FY 2026 guidance at 1.820-1.920 EPS. As a group, equities research analysts forecast that Option Care Health, Inc. will post 1.64 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research firms recently commented on OPCH. Bank of America lowered shares of Option Care Health from a “buy” rating to a “neutral” rating and set a $22.00 price target for the company. in a report on Friday, May 1st. Wall Street Zen cut shares of Option Care Health from a “buy” rating to a “hold” rating in a research report on Saturday, February 28th. UBS Group reaffirmed a “buy” rating on shares of Option Care Health in a research note on Tuesday, June 16th. Morgan Stanley set a $28.00 target price on shares of Option Care Health in a report on Wednesday, May 6th. Finally, Weiss Ratings cut Option Care Health from a “hold (c)” rating to a “hold (c-)” rating in a research note on Monday, May 11th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Option Care Health presently has a consensus rating of “Moderate Buy” and a consensus price target of $30.54.

Insider Transactions at Option Care Health

In related news, Director Timothy P. Sullivan purchased 24,154 shares of Option Care Health stock in a transaction that occurred on Thursday, May 7th. The shares were bought at an average price of $20.69 per share, for a total transaction of $499,746.26. Following the completion of the transaction, the director directly owned 73,383 shares of the company’s stock, valued at $1,518,294.27. This represents a 49.06% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO John Charles Rademacher purchased 12,500 shares of the firm’s stock in a transaction that occurred on Monday, May 4th. The stock was bought at an average cost of $21.18 per share, with a total value of $264,750.00. Following the completion of the purchase, the chief executive officer owned 695,152 shares of the company’s stock, valued at $14,723,319.36. This represents a 1.83% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last ninety days, insiders purchased 73,264 shares of company stock valued at $1,548,316. Company insiders own 1.70% of the company’s stock.

Option Care Health Profile

Option Care Health (NASDAQ: OPCH) is a leading provider of home and alternate site infusion services in the United States. The company specializes in the administration of injectable therapies, including antibiotics, nutrition, hydration, immunoglobulin, pain management and specialty pharmaceuticals. Through its nationwide network of infusion pharmacies and nursing professionals, Option Care Health delivers customized care plans and in-home nursing visits to patients managing complex or chronic conditions outside of a hospital setting.

Option Care Health traces its current structure to the completion of its merger with BioScrip in early 2021, combining two of the industry’s most experienced home infusion businesses.