eHealth, Inc. (EHTH) Holdings Boosted by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP raised its stake in eHealth, Inc. (NASDAQ:EHTH) by 1.7% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 656,458 shares of the financial services provider’s stock after purchasing an additional 11,026 shares during the period. Dimensional Fund Advisors LP owned 3.55% of eHealth worth $12,341,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Bank of America Corp DE increased its position in shares of eHealth by 131.4% in the 1st quarter. Bank of America Corp DE now owns 25,728 shares of the financial services provider’s stock worth $310,000 after purchasing an additional 14,610 shares during the last quarter. Vanguard Group Inc. increased its position in shares of eHealth by 5.9% in the 1st quarter. Vanguard Group Inc. now owns 932,496 shares of the financial services provider’s stock worth $11,227,000 after purchasing an additional 52,357 shares during the last quarter. Texas Permanent School Fund grew its position in shares of eHealth by 1.3% during the 2nd quarter. Texas Permanent School Fund now owns 12,245 shares of the financial services provider’s stock valued at $230,000 after buying an additional 160 shares during the last quarter. Renaissance Technologies LLC grew its position in shares of eHealth by 11.3% during the 1st quarter. Renaissance Technologies LLC now owns 878,900 shares of the financial services provider’s stock valued at $10,582,000 after buying an additional 89,400 shares during the last quarter. Finally, GSA Capital Partners LLP grew its position in shares of eHealth by 67.6% during the 2nd quarter. GSA Capital Partners LLP now owns 82,302 shares of the financial services provider’s stock valued at $1,547,000 after buying an additional 33,200 shares during the last quarter. 89.83% of the stock is owned by institutional investors.

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Shares of eHealth, Inc. (EHTH) opened at $24.07 on Wednesday. eHealth, Inc. has a one year low of $9.26 and a one year high of $28.59.

eHealth (NASDAQ:EHTH) last released its earnings results on Thursday, October 26th. The financial services provider reported ($0.98) EPS for the quarter, missing the consensus estimate of ($0.73) by ($0.25). eHealth had a negative net margin of 11.94% and a negative return on equity of 21.88%. The business had revenue of $26.62 million for the quarter, compared to analyst estimates of $25.55 million. During the same period in the prior year, the company earned ($0.23) earnings per share. The firm’s revenue for the quarter was down 17.0% on a year-over-year basis. equities analysts expect that eHealth, Inc. will post -1.6 earnings per share for the current year.

A number of equities research analysts recently weighed in on the stock. Zacks Investment Research raised shares of eHealth from a “strong sell” rating to a “hold” rating in a research report on Tuesday, October 3rd. Wells Fargo & Company boosted their target price on shares of eHealth from $18.00 to $24.00 and gave the company a “market perform” rating in a research note on Thursday, October 19th. Cantor Fitzgerald boosted their target price on shares of eHealth from $21.00 to $27.00 and gave the company an “overweight” rating in a research note on Monday, October 2nd. TheStreet raised shares of eHealth from a “d+” rating to a “c” rating in a research note on Monday, October 16th. Finally, Jefferies Group LLC boosted their target price on shares of eHealth from $20.00 to $23.00 and gave the company a “hold” rating in a research note on Monday, October 30th. Four investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $23.17.

eHealth Company Profile

eHealth, Inc provides a private online source of health insurance for individuals, families and small businesses. The Company is the parent company of eHealthInsurance, a private health insurance exchange where individuals, families and small businesses can compare health insurance products from various insurers side-by-side, and purchase and enroll in coverage online through its Websites (www.eHealth.com, www.eHealthInsurance.com, www.eHealthMedicare.com, www.Medicare.com and www.PlanPrescriber.com) or telephonically through its customer care centers.

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Institutional Ownership by Quarter for eHealth (NASDAQ:EHTH)

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