Centene Corp (CNC) Holder Green Valley Investors LLC Upped Its Position

September 30, 2018 - By Matthew Richard

Centene Corporation (NYSE:CNC) LogoInvestors sentiment increased to 1.51 in 2018 Q2. Its up 0.45, from 1.06 in 2018Q1. It increased, as 41 investors sold CNC shares while 164 reduced holdings. 89 funds opened positions while 221 raised stakes. 176.39 million shares or 18.38% more from 149.01 million shares in 2018Q1 were reported. Artemis Inv Management Ltd Liability Partnership invested 0.67% in Centene Corporation (NYSE:CNC). Ranger Mgmt Limited Partnership stated it has 38 shares or 0% of all its holdings. Strs Ohio reported 451,529 shares or 0.24% of all its holdings. Catalyst Cap Advsr Limited reported 23,850 shares stake. Hightower Advsr Limited Liability Com holds 0.09% or 95,256 shares in its portfolio. Cibc World Mkts accumulated 20,928 shares. Highvista Strategies Ltd reported 2,800 shares or 0.16% of all its holdings. Visionary Asset Management Incorporated holds 0.07% of its portfolio in Centene Corporation (NYSE:CNC) for 1,777 shares. Hilltop reported 13,873 shares stake. Aqr Ltd Liability Corp has invested 0.44% in Centene Corporation (NYSE:CNC). Neuberger Berman Grp holds 0.08% in Centene Corporation (NYSE:CNC) or 579,615 shares. Quantitative Systematic Strategies Ltd Liability Com holds 0.06% in Centene Corporation (NYSE:CNC) or 2,713 shares. Sumitomo Mitsui Asset Mgmt accumulated 0.03% or 14,221 shares. Great West Life Assurance Co Can stated it has 0.04% in Centene Corporation (NYSE:CNC). Ima Wealth holds 0.05% or 1,006 shares in its portfolio.

Since April 26, 2018, it had 0 buys, and 11 insider sales for $7.18 million activity. Shares for $291,100 were sold by GEPHARDT Richard A on Monday, September 10. 1,000 shares valued at $115,000 were sold by Williamson Keith H on Wednesday, May 2. $1.15M worth of Centene Corporation (NYSE:CNC) shares were sold by DITMORE ROBERT K. 3,800 shares were sold by BOWERS CHRISTOPHER D, worth $553,090. BURKHALTER BRANDY had sold 3,000 shares worth $395,700.

Green Valley Investors Llc increased its stake in Centene Corp (CNC) by 107.02% based on its latest 2018Q2 regulatory filing with the SEC. Green Valley Investors Llc bought 196,701 shares as the company’s stock rose 15.73% with the market. The institutional investor held 380,501 shares of the medical specialities company at the end of 2018Q2, valued at $46.88M, up from 183,800 at the end of the previous reported quarter. Green Valley Investors Llc who had been investing in Centene Corp for a number of months, seems to be bullish on the $29.72 billion market cap company. The stock increased 1.09% or $1.56 during the last trading session, reaching $144.78. About 1.48 million shares traded or 22.84% up from the average. Centene Corporation (NYSE:CNC) has risen 58.76% since September 30, 2017 and is uptrending. It has outperformed by 43.14% the S&P500.

Green Valley Investors Llc, which manages about $2.13 billion US Long portfolio, decreased its stake in Lkq Corp (NASDAQ:LKQ) by 210,763 shares to 2.99M shares, valued at $95.38M in 2018Q2, according to the filing. It also reduced its holding in International Flavors & Fragrances Inc (NYSE:IFF) by 44,281 shares in the quarter, leaving it with 165,733 shares, and cut its stake in Marriott International Inc/De (NASDAQ:MAR).

Centene Corporation (NYSE:CNC) Ratings Coverage

Among 8 analysts covering Centene (NYSE:CNC), 5 have Buy rating, 0 Sell and 3 Hold. Therefore 63% are positive. Centene had 14 analyst reports since April 25, 2018 according to SRatingsIntel. On Friday, July 13 the stock rating was maintained by Morgan Stanley with “Overweight”. As per Tuesday, July 24, the company rating was maintained by Bank of America. On Wednesday, July 25 the stock rating was maintained by Credit Suisse with “Neutral”. The firm earned “Overweight” rating on Wednesday, September 5 by Morgan Stanley. The firm earned “Neutral” rating on Monday, June 18 by Credit Suisse. Cantor Fitzgerald maintained the stock with “Buy” rating in Tuesday, May 8 report. As per Wednesday, April 25, the company rating was maintained by Morgan Stanley. Morgan Stanley maintained Centene Corporation (NYSE:CNC) rating on Wednesday, July 25. Morgan Stanley has “Overweight” rating and $138 target. Citigroup maintained it with “Neutral” rating and $147 target in Wednesday, July 18 report. The firm earned “Buy” rating on Friday, June 15 by Cantor Fitzgerald.

Centene Corporation (NYSE:CNC) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: