Norges Bank Makes New $1.09 Million Investment in Oscar Health, Inc. (NYSE:OSCR)

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Norges Bank purchased a new stake in Oscar Health, Inc. (NYSE:OSCR – Free Report) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 80,738 shares of the company’s stock, valued at approximately $1,085,000. A number of other institutional investors have also recently modified their holdings of [...]

Norges Bank purchased a new stake in Oscar Health, Inc. ( NYSE:OSCR – Free Report ) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 80,738 shares of the company’s stock, valued at approximately $1,085,000.

A number of other institutional investors have also recently modified their holdings of OSCR. Vanguard Group Inc. lifted its holdings in Oscar Health by 3.



2% in the fourth quarter. Vanguard Group Inc. now owns 18,997,973 shares of the company’s stock valued at $255,333,000 after acquiring an additional 586,626 shares during the period.

JPMorgan Chase & Co. increased its holdings in shares of Oscar Health by 348.7% in the 4th quarter.

JPMorgan Chase & Co. now owns 10,360,529 shares of the company’s stock valued at $139,246,000 after purchasing an additional 8,051,379 shares in the last quarter. State Street Corp lifted its stake in shares of Oscar Health by 6.

0% in the third quarter. State Street Corp now owns 5,132,802 shares of the company’s stock valued at $108,867,000 after purchasing an additional 291,335 shares during the period. BIT Capital GmbH boosted its holdings in Oscar Health by 5,711.

6% during the fourth quarter. BIT Capital GmbH now owns 4,473,853 shares of the company’s stock worth $60,129,000 after buying an additional 4,396,872 shares in the last quarter. Finally, Geode Capital Management LLC grew its position in Oscar Health by 11.

7% during the third quarter. Geode Capital Management LLC now owns 4,339,640 shares of the company’s stock worth $92,062,000 after buying an additional 455,205 shares during the period. 75.

70% of the stock is currently owned by hedge funds and other institutional investors. Analyst Upgrades and Downgrades Separately, Wells Fargo & Company downgraded shares of Oscar Health from an “overweight” rating to an “equal weight” rating and reduced their price target for the company from $20.00 to $16.

00 in a research report on Thursday, March 13th. Two analysts have rated the stock with a sell rating, three have given a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Oscar Health has an average rating of “Hold” and an average price target of $20.

21. Oscar Health Trading Up 2.8 % Oscar Health stock opened at $12.

59 on Friday. The stock has a market cap of $3.15 billion, a PE ratio of -629.

19 and a beta of 1.75. The company has a current ratio of 0.

73, a quick ratio of 0.73 and a debt-to-equity ratio of 0.26.

The stock has a 50-day moving average price of $14.02 and a 200 day moving average price of $15.35.

Oscar Health, Inc. has a 52 week low of $11.47 and a 52 week high of $23.

79. Oscar Health ( NYSE:OSCR – Get Free Report ) last posted its quarterly earnings data on Tuesday, February 4th. The company reported ($0.

62) earnings per share 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%.

Equities research analysts predict that Oscar Health, Inc. will post 0.69 earnings per share for the current fiscal year.

Oscar Health Profile ( Free Report ) 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.

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