Institutional Investors Love Opko Health Inc (NYSE:OPK)

January 18, 2018 - By Richard Conner

 Institutional Investors  Love Opko Health Inc (NYSE:OPK)

Sentiment for Opko Health Inc (NYSE:OPK)

Opko Health Inc (NYSE:OPK) institutional sentiment increased to 1.14 in 2017 Q3. Its up 0.11, from 1.03 in 2017Q2. The ratio improved, as 88 hedge funds started new and increased holdings, while 77 decreased and sold their stock positions in Opko Health Inc. The hedge funds in our partner’s database now own: 119.76 million shares, down from 119.98 million shares in 2017Q2. Also, the number of hedge funds holding Opko Health Inc in their top 10 holdings was flat from 3 to 3 for the same number . Sold All: 19 Reduced: 58 Increased: 63 New Position: 25.

OPKO Health, Inc., a healthcare company, engages in the diagnostics and pharmaceuticals business in the United States, Ireland, Chile, Spain, Israel, and Mexico. The company has market cap of $2.45 billion. The companyÂ’s Diagnostics segment operates Bio-Reference Laboratories, a clinical laboratory that offers laboratory testing services in the detection, diagnosis, evaluation, monitoring, and treatment of diseases. It currently has negative earnings. The Bio-Reference Laboratories also provides core genetic testing and leverage products, such as the 4Kscore prostate cancer test and the Claros 1 in-office immunoassay platform.

The stock decreased 1.90% or $0.085 during the last trading session, reaching $4.385. About 2.71 million shares traded. Opko Health, Inc. (NYSE:OPK) has declined 32.62% since January 18, 2017 and is downtrending. It has underperformed by 49.32% the S&P500.

Analysts await Opko Health, Inc. (NASDAQ:OPK) to report earnings on March, 7. They expect $-0.08 EPS, down 100.00 % or $0.04 from last year’s $-0.04 per share. After $-0.08 actual EPS reported by Opko Health, Inc. for the previous quarter, Wall Street now forecasts 0.00 % EPS growth.

Rk Asset Management Llc holds 5.14% of its portfolio in Opko Health, Inc. for 860,543 shares. Oracle Investment Management Inc owns 3.64 million shares or 4.09% of their US portfolio. Moreover, Jaffetilchin Investment Partners Llc has 1.73% invested in the company for 1.07 million shares. The Israel-based Mivtachim The Workers Social Insurance Fund Ltd. (Under Special Management) has invested 1.12% in the stock. Lehman Financial Resources Inc., a Pennsylvania-based fund reported 265,168 shares.#img1#

Since January 1, 0001, it had 11 insider buys, and 0 insider sales for $3.36 million activity.

Opko Health, Inc. (NASDAQ:OPK) Ratings Coverage

Ratings analysis reveals 73% of Opko Health’s analysts are positive. Out of 11 Wall Street analysts rating Opko Health, 8 give it “Buy”, 0 “Sell” rating, while 3 recommend “Hold”. The lowest target is $6.0 while the high is $25. The stock’s average target of $15.22 is 247.09% above today’s ($4.385) share price. OPK was included in 19 notes of analysts from August 11, 2015. The firm earned “Hold” rating on Thursday, November 9 by Jefferies. Ladenburg Thalmann maintained Opko Health, Inc. (NASDAQ:OPK) rating on Thursday, September 3. Ladenburg Thalmann has “Buy” rating and $20 target. The rating was maintained by Jefferies with “Hold” on Tuesday, September 12. Ladenburg maintained Opko Health, Inc. (NASDAQ:OPK) on Tuesday, June 6 with “Buy” rating. The rating was maintained by Barrington Research on Thursday, March 31 with “Outperform”. The firm has “Buy” rating given on Thursday, August 17 by Cantor Fitzgerald. As per Wednesday, November 8, the company rating was maintained by Cantor Fitzgerald. The rating was maintained by Ladenburg with “Buy” on Friday, June 16. The firm earned “Neutral” rating on Thursday, September 14 by JP Morgan. As per Friday, September 11, the company rating was downgraded by Jefferies.

More recent Opko Health, Inc. (NASDAQ:OPK) news were published by: 247Wallst.com which released: “Dish Network, Opko Health Sink into Wednesday’s 52-Week Low Club” on January 17, 2018. Also Streetinsider.com published the news titled: “OPKO Health (OPK) Reports Research Collaboration with Radboud University …” on January 12, 2018. Nasdaq.com‘s news article titled: “March 2nd Options Now Available For OPKO Health (OPK)” with publication date: January 11, 2018 was also an interesting one.

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