Option Care Health, Inc. $OPCH Shares Bought by Leeward Investments LLC MA

Leeward Investments LLC MA boosted its stake in Option Care Health, Inc. (NASDAQ:OPCH) by 20.1% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 848,059 shares of the company’s stock after purchasing an additional 142,007 shares during the quarter. Leeward Investments LLC MA’s holdings in Option Care Health were worth $19,073,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. Sterling Capital Management LLC lifted its position in shares of Option Care Health by 361.7% in the 3rd quarter. Sterling Capital Management LLC now owns 4,866 shares of the company’s stock worth $109,000 after purchasing an additional 3,812 shares during the period. James Investment Research Inc. boosted its stake in shares of Option Care Health by 53.6% during the 3rd quarter. James Investment Research Inc. now owns 20,122 shares of the company’s stock valued at $453,000 after purchasing an additional 7,025 shares in the last quarter. Isthmus Partners LLC increased its position in shares of Option Care Health by 37.9% during the third quarter. Isthmus Partners LLC now owns 169,172 shares of the company’s stock valued at $3,805,000 after buying an additional 46,518 shares during the period. Reyes Financial Architecture Inc. purchased a new position in shares of Option Care Health during the third quarter valued at about $28,000. Finally, Pinnacle Associates Ltd. increased its position in shares of Option Care Health by 1.8% during the third quarter. Pinnacle Associates Ltd. now owns 20,355 shares of the company’s stock valued at $458,000 after buying an additional 354 shares during the period. 98.05% of the stock is owned by hedge funds and other institutional investors.

Option Care Health Stock Performance

Shares of OPCH stock opened at $31.22 on Monday. Option Care Health, Inc. has a 12 month low of $18.01 and a 12 month high of $36.80. The stock has a market cap of $4.68 billion, a PE ratio of 23.47, a price-to-earnings-growth ratio of 1.90 and a beta of 0.58. The company has a current ratio of 1.47, a quick ratio of 0.98 and a debt-to-equity ratio of 0.91. The company’s fifty day moving average price is $25.72 and its 200-day moving average price is $23.87.

Option Care Health (NASDAQ:OPCH) last released its earnings results on Wednesday, July 29th. The company reported $0.45 earnings per share for the quarter, topping analysts’ consensus estimates of $0.43 by $0.02. The firm had revenue of $1.44 billion for the quarter, compared to the consensus estimate of $1.42 billion. Option Care Health had a net margin of 3.68% and a return on equity of 18.74%. The company’s revenue was up 1.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.41 EPS. Option Care Health has set its FY 2026 guidance at 1.850-1.920 EPS. On average, equities analysts expect that Option Care Health, Inc. will post 1.70 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on OPCH. UBS Group downgraded shares of Option Care Health from a “buy” rating to a “neutral” rating and decreased their price target for the stock from $39.00 to $32.05 in a research note on Friday, October 9th. Zacks Research raised Option Care Health from a “strong sell” rating to a “hold” rating in a research report on Monday, July 6th. Citizens Jmp cut Option Care Health from a “market outperform” rating to a “hold” rating in a research report on Wednesday, October 7th. Jefferies Financial Group downgraded Option Care Health from a “buy” rating to a “hold” rating and upped their target price for the stock from $28.00 to $32.05 in a report on Tuesday, October 6th. Finally, Wall Street Zen raised Option Care Health from a “hold” rating to a “buy” rating in a research report on Saturday, August 1st. Two analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $29.48.

Option Care Health Profile

Option Care Health, Inc is an independent provider of home and alternate-site infusion services in the United States. The company coordinates and delivers infusion therapy outside traditional hospital settings, including patients’ homes, ambulatory infusion suites and other outpatient locations.

Its services include administration of anti-infective therapies, immune globulin, nutrition support, inotropic therapies and medications used in the treatment of chronic and complex conditions.