Jupiter Asset Management Ltd. Purchases 313,797 Shares of Oscar Health, Inc. (NYSE:OSCR)

Jupiter Asset Management Ltd. grew its position in Oscar Health, Inc. (NYSE:OSCR) by 37.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,155,242 shares of the company’s stock after acquiring an additional 313,797 shares during the quarter. Jupiter Asset Management Ltd.’s holdings in Oscar Health were worth $15,526,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in OSCR. KBC Group NV increased its position in shares of Oscar Health by 56.1% during the 4th quarter. KBC Group NV now owns 7,107 shares of the company’s stock valued at $96,000 after purchasing an additional 2,555 shares during the last quarter. ORG Wealth Partners LLC bought a new position in shares of Oscar Health during the 4th quarter valued at approximately $100,000. Alberta Investment Management Corp bought a new position in shares of Oscar Health during the 4th quarter valued at approximately $138,000. SMART Wealth LLC bought a new position in shares of Oscar Health during the 4th quarter valued at approximately $180,000. Finally, Tempus Wealth Planning LLC bought a new position in shares of Oscar Health during the 4th quarter valued at approximately $181,000. Institutional investors own 75.70% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group began coverage on Oscar Health in a research report on Tuesday, December 10th. They set an “underperform” rating and a $12.00 target price on the stock. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $21.56.

Oscar Health Stock Performance

Shares of Oscar Health stock opened at $14.17 on Thursday. The stock’s fifty day moving average is $15.25 and its two-hundred day moving average is $16.45. The company has a market capitalization of $3.55 billion, a PE ratio of -707.90 and a beta of 1.75. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 0.26. Oscar Health, Inc. has a 52 week low of $12.43 and a 52 week high of $23.79.

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

Oscar Health Profile

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.