California State Teachers Retirement System cut its holdings in eHealth, Inc. (NASDAQ:EHTH) by 24.0% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 27,551 shares of the financial services provider’s stock after selling 8,700 shares during the period. California State Teachers Retirement System owned about 0.15% of eHealth worth $518,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Texas Permanent School Fund raised its holdings in shares of eHealth by 1.3% in the second quarter. Texas Permanent School Fund now owns 12,245 shares of the financial services provider’s stock valued at $230,000 after purchasing an additional 160 shares during the last quarter. Ameriprise Financial Inc. raised its holdings in shares of eHealth by 0.6% in the second quarter. Ameriprise Financial Inc. now owns 87,360 shares of the financial services provider’s stock valued at $1,642,000 after purchasing an additional 490 shares during the last quarter. Principal Financial Group Inc. raised its holdings in shares of eHealth by 0.6% in the second quarter. Principal Financial Group Inc. now owns 127,571 shares of the financial services provider’s stock valued at $2,398,000 after purchasing an additional 705 shares during the last quarter. Parametric Portfolio Associates LLC raised its holdings in shares of eHealth by 1.4% in the second quarter. Parametric Portfolio Associates LLC now owns 60,855 shares of the financial services provider’s stock valued at $1,144,000 after purchasing an additional 811 shares during the last quarter. Finally, Legal & General Group Plc raised its holdings in shares of eHealth by 10.5% in the second quarter. Legal & General Group Plc now owns 31,016 shares of the financial services provider’s stock valued at $584,000 after purchasing an additional 2,939 shares during the last quarter. Institutional investors own 89.94% of the company’s stock.

eHealth, Inc. (NASDAQ EHTH) opened at $19.57 on Thursday. eHealth, Inc. has a 52 week low of $10.23 and a 52 week high of $28.59.

eHealth (NASDAQ:EHTH) last released its earnings results on Thursday, October 26th. The financial services provider reported ($0.98) earnings per share 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 firm had revenue of $26.62 million during the quarter, compared to the consensus estimate of $25.55 million. During the same period in the prior year, the business posted ($0.23) earnings per share. eHealth’s quarterly revenue was down 17.0% compared to the same quarter last year. equities research analysts forecast that eHealth, Inc. will post -1.6 earnings per share for the current fiscal year.

A number of research firms have recently issued reports on EHTH. Zacks Investment Research upgraded shares of eHealth from a “strong sell” rating to a “hold” rating in a report on Tuesday, October 3rd. SunTrust Banks reissued a “buy” rating and issued a $22.00 target price on shares of eHealth in a research note on Friday, October 20th. TheStreet raised shares of eHealth from a “d+” rating to a “c” rating in a research note on Monday, October 16th. Jefferies Group raised their target price on shares of eHealth from $18.00 to $20.00 and gave the company a “hold” rating in a research note on Sunday, August 20th. Finally, Wells Fargo & Company raised 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. Four investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. eHealth currently has a consensus rating of “Hold” and a consensus target price of $23.17.

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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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