Voya Investment Management LLC Acquires Shares of 10,706 eHealth, Inc. (EHTH)

Voya Investment Management LLC acquired a new stake in eHealth, Inc. (NASDAQ:EHTH) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 10,706 shares of the financial services provider’s stock, valued at approximately $201,000. Voya Investment Management LLC owned about 0.06% of eHealth at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in EHTH. BNP Paribas Arbitrage SA lifted its stake in shares of eHealth by 92.1% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 7,611 shares of the financial services provider’s stock valued at $143,000 after purchasing an additional 3,650 shares during the last quarter. OppenheimerFunds Inc. lifted its stake in shares of eHealth by 11.1% in the 1st quarter. OppenheimerFunds Inc. now owns 12,891 shares of the financial services provider’s stock valued at $156,000 after purchasing an additional 1,289 shares during the last quarter. Thrivent Financial For Lutherans acquired a new stake in shares of eHealth in the 2nd quarter valued at $190,000. Hancock Holding Co. acquired a new stake in shares of eHealth in the 2nd quarter valued at $198,000. Finally, Texas Permanent School Fund lifted its stake in shares of eHealth by 1.3% in the 2nd 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. 89.40% of the stock is owned by institutional investors and hedge funds.

eHealth, Inc. (NASDAQ EHTH) opened at $22.86 on Tuesday. eHealth, Inc. has a 52-week low of $9.59 and a 52-week high of $28.59.

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

Several research firms recently issued reports on EHTH. Cantor Fitzgerald reaffirmed a “buy” rating and issued a $20.00 price objective on shares of eHealth in a research note on Thursday, July 27th. Wells Fargo & Company lifted their price objective 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. TheStreet raised shares of eHealth from a “d+” rating to a “c” rating in a research note on Monday, October 16th. Zacks Investment Research lowered shares of eHealth from a “hold” rating to a “strong sell” rating in a research report on Thursday, August 3rd. Finally, BidaskClub raised shares of eHealth from a “sell” rating to a “hold” rating in a research report on Thursday, August 24th. Four equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. eHealth currently has an average rating of “Hold” and a consensus price target 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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