Teachers Advisors LLC trimmed its position in shares of eHealth, Inc. (NASDAQ:EHTH) by 9.2% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 28,267 shares of the financial services provider’s stock after selling 2,869 shares during the quarter. Teachers Advisors LLC owned 0.15% of eHealth worth $531,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in EHTH. Renaissance Technologies LLC boosted its holdings in 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 acquiring an additional 89,400 shares during the period. Dimensional Fund Advisors LP boosted its holdings in eHealth by 9.6% during the 1st quarter. Dimensional Fund Advisors LP now owns 645,432 shares of the financial services provider’s stock valued at $7,771,000 after acquiring an additional 56,767 shares during the period. Vanguard Group Inc. boosted its holdings in eHealth by 5.9% during the 1st quarter. Vanguard Group Inc. now owns 932,496 shares of the financial services provider’s stock valued at $11,227,000 after acquiring an additional 52,357 shares during the period. JPMorgan Chase & Co. boosted its holdings in eHealth by 112.4% during the 2nd quarter. JPMorgan Chase & Co. now owns 50,752 shares of the financial services provider’s stock valued at $954,000 after acquiring an additional 26,852 shares during the period. Finally, Bank of America Corp DE boosted its holdings in eHealth by 131.4% during the 1st quarter. Bank of America Corp DE now owns 25,728 shares of the financial services provider’s stock valued at $310,000 after acquiring an additional 14,610 shares during the period. Institutional investors own 89.86% of the company’s stock.

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Shares of eHealth, Inc. (NASDAQ EHTH) opened at $24.55 on Friday. eHealth, Inc. has a 12-month low of $9.06 and a 12-month high of $28.59.

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

A number of brokerages recently commented on EHTH. Cantor Fitzgerald restated a “buy” rating and set a $20.00 target price on shares of eHealth in a report on Thursday, July 27th. Wells Fargo & Company raised their target price on eHealth from $18.00 to $24.00 and gave the company a “market perform” rating in a report on Thursday, October 19th. Jefferies Group LLC restated a “hold” rating and set a $18.00 target price on shares of eHealth in a report on Friday, July 14th. TheStreet upgraded eHealth from a “d+” rating to a “c” rating in a report on Monday, October 16th. Finally, Zacks Investment Research cut eHealth from a “hold” rating to a “strong sell” rating in a report on Thursday, August 3rd. Four investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average 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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