Centene Corporation (NYSE:CNC) Sellers Reduced By 3.33% Their Shorts As Of Apr 16, 2018

April 16, 2018 - By Noel Courtney

Centene Corporation (NYSE:CNC) Corporate Logo

During Q4 2017 the big money sentiment increased to 1.19. That’s change of 0.12, from 2017Q3’s 1.07. 35 investors sold all, 186 reduced holdings as Centene Corporation ratio increased. 177 increased stakes while 85 funds took stakes. Funds hold 150.93 million shares thus 0.26% more from 2017Q3’s 150.53 million shares.
Arizona State Retirement Systems owns 124,565 shs for 0.12% of their capital. Greenwich Wealth Lc has 0.65% invested in Centene Corporation (NYSE:CNC). B & T Capital Mgmt Dba Alpha Capital Mgmt holds 0.52% in Centene Corporation (NYSE:CNC) or 10,952 shs. Bank Of New York Mellon stated it has 0.04% of its capital in Centene Corporation (NYSE:CNC). Gateway Advisers Ltd Company, Ohio-based fund reported 11,220 shs. Eaton Vance Management stated it has 149,046 shs or 0.04% of all its holdings. Moreover, Amundi Pioneer Asset Inc has 0.22% invested in Centene Corporation (NYSE:CNC) for 1.40 million shs. Prelude Capital Management Limited Liability owns 26,913 shs. Dnb Asset As holds 17,100 shs. Amer Bank invested in 0% or 54 shs. Fmr Limited Liability Co has invested 0.01% in Centene Corporation (NYSE:CNC). Oregon Public Employees Retirement Fund reported 59,064 shs. Amf Pensionsforsakring owns 423,195 shs. Korea Investment reported 194,486 shs. Franklin reported 82,000 shs.

Centene Corporation registered $3.19 million net activity with 0 buys and 5 insider sales since October 26, 2017. Another trade for 4,167 shs valued at $376,780 was sold by DITMORE ROBERT K. $490,896 worth of Centene Corporation (NYSE:CNC) was sold by BOWERS CHRISTOPHER D on Monday, March 12. On Tuesday, December 19 $987,300 worth of stock was sold by Hunter Jesse N.

Centene Corporation (NYSE:CNC) had a decrease of its shares shorted by 3.33%. FINRA issued in April CNC’s total 6.16M shares shorted. That’s 3.33% down from 6.37 million shares. 5 days will cost CNC With 1.15M average volume to recover its previous position. Centene Corporation’s shares shorted float is 3.63%.

The stock increased 1.76% or $1.88 during the last trading session, reaching $108.52.Currently Centene Corporation is uptrending after 44.01% change in last April 16, 2017. CNC has 389,151 shares volume. The stock outperformed the S&P500 by 32.46%.

Centene Corporation operates as a diversified and multi-national healthcare enterprise that provides programs and services to under-insured and uninsured individuals in the United States.The firm is worth $19.18 billion. It operates through two divisions, Managed Care and Specialty Services.The P/E ratio is 23.14. The Managed Care segment offers Medicaid and Medicaid-related health plan coverage to individuals through government subsidized programs, including Medicaid, the State childrenÂ’s health insurance program, long-term care, foster care, and dual-eligible individual, as well as aged, blind, or disabled programs.

Centene Corporation (NYSE:CNC) Ratings Coverage

Total analysts of 10 have positions in Centene (NYSE:CNC) as follows: 8 rated it a “Buy”, 0 with “Sell” and 2 with “Hold”. The positive are 80%. Since October 17, 2017 according to StockzIntelligence Inc Centene has 17 analyst reports. On Friday, November 3 the firm earned “Hold” rating by Credit Suisse. In Wednesday, October 25 report Oppenheimer maintained the stock with “Outperform” rating. On Monday, December 18 the stock of Centene Corporation (NYSE:CNC) has “Buy” rating given by Jefferies. The company rating was maintained by Cantor Fitzgerald on Thursday, December 14. On Thursday, March 15 the company was maintained by Cantor Fitzgerald. In Friday, January 12 report Jefferies maintained it with “Buy” rating and $123.0 target. On Tuesday, October 24 the stock of Centene Corporation (NYSE:CNC) earned “Buy” rating by Cantor Fitzgerald. On Monday, December 18 the stock of Centene Corporation (NYSE:CNC) has “Buy” rating given by Wells Fargo. On Tuesday, February 6 the firm earned “Buy” rating by Cantor Fitzgerald. On Tuesday, February 13 the firm has “Market Perform” rating given by Leerink Swann.

Centene Corporation (NYSE:CNC) Institutional Investors Chart

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