WellCare Health Plans, Inc. (WCG) Reached 52-Week High at $246.51

June 29, 2018 - By Nell Hawkins

WellCare Health Plans, Inc. (NYSE:WCG) Corporate Logo

During 2018 Q1 the big money sentiment decreased to 1.09. That’s change of 0.04, from 2017Q4’s 1.13. 28 investors sold all, 111 reduced holdings as WellCare Health Plans, Inc. ratio dived. 107 rose stakes while 44 funds took stakes. Funds hold 42.02 million shares thus 0.65% less from 2017Q4’s 42.30 million shares.
New York State Common Retirement Fund holds 0.03% or 128,841 shs in its capital. University Of Notre Dame Du Lac invested in 13,626 shs or 0.49% of the stock. Moreover, Legg Mason Asset (Japan) Comm Limited has 0.68% invested in WellCare Health Plans, Inc. (NYSE:WCG) for 5,000 shs. Texas Permanent School Fund accumulated 29,479 shs. Ajo Lp holds 129,073 shs. Louisiana State Employees Retirement Sys invested in 11,700 shs or 0.1% of the stock. Putnam Investments Limited Liability Com owns 75,222 shs. Prescott Gru Cap Ltd Llc owns 13,443 shs. Lucus Advsr Limited Liability Com invested 0.39% of its capital in WellCare Health Plans, Inc. (NYSE:WCG). Cubist Systematic Strategies Ltd Com has 2,599 shs. Parametric Portfolio Ltd Company has 0.02% invested in WellCare Health Plans, Inc. (NYSE:WCG) for 115,845 shs. Principal Gru Incorporated holds 0.04% or 207,477 shs. Deutsche Comml Bank Ag accumulated 0.03% or 230,229 shs. Loomis Sayles Comm Limited Partnership owns 106,542 shs or 0.04% of their US capital. Moreover, Tudor Invest Corporation Et Al has 0.03% invested in WellCare Health Plans, Inc. (NYSE:WCG) for 4,018 shs.

WellCare Health Plans, Inc. (NYSE:WCG) reached 52 week high with $261.30 price target or 6.00 % above the last $246.51 stock price. Barchart.com announced it on Jun, 29. The company has $11.03 billion market cap. At $261.30 stock price target, the company valuation changes by $661.92M more.

WCG is touching $246.51 during the last trading session, after increased 0.46%.Currently WellCare Health Plans, Inc. is uptrending after 27.35% change in last June 29, 2017. WCG has 70,865 shares volume. The stock outperformed the S&P500 by 14.78%.

WellCare Health Plans, Inc. (NYSE:WCG) is anticipated to announce earnings on August, 3., according to Zacks. Analysts predict 18.65 % diference or $2.99 from the $2.52 EPS from 2017. If EPS of $2.99 is announced the profit of WCG could hit $133.81M giving it 20.61 P/E. 21.05 % EPS growth is what Wall Street’s forecasts after $2.47 reported EPS last quarter.

WellCare Health Plans, Inc. (NYSE:WCG) Ratings Coverage

A total of 13 analysts rate WellCare Health Plans (NYSE:WCG) as follows: 11 “Buy”, 2 “Hold” and 0 “Sell”. Тherefore 85% are bullish. The firm has $30000 highest and $208.0 lowest target. The avg target $257 is 4.26% above the last ($246.51) price. (NYSE:WCG) has 21 ratings reports on Jun 29, 2018 according to StockzIntelligence. On Wednesday, May 2 Morgan Stanley maintained WellCare Health Plans, Inc. (NYSE:WCG) with “Equal-Weight” rating. On Wednesday, February 7 the rating was maintained by Jefferies with “Hold”. On Thursday, May 31 BMO Capital Markets maintained the shares of WCG in report with “Outperform” rating. The company rating was maintained by Leerink Swann on Wednesday, May 30. On Tuesday, May 1 the company was maintained by Cantor Fitzgerald. On Wednesday, June 27 the rating was upgraded by JP Morgan to “Overweight”. On Wednesday, January 3 the stock has “Hold” rating by Jefferies. In Wednesday, May 30 report Wells Fargo maintained the stock with “Buy” rating. On Friday, March 16 Bank of America upgraded WellCare Health Plans, Inc. (NYSE:WCG) to “Buy” rating. On Wednesday, March 21 the firm has “Outperform” rating given by Wells Fargo.

For more WellCare Health Plans, Inc. (NYSE:WCG) news posted recently go to: Benzinga.com, Bizjournals.com, Benzinga.com, Bizjournals.com or Streetinsider.com. The titles are as follows: “8 Biggest Price Target Changes For Wednesday” posted on June 27, 2018, “WellCare joins the Civic 50 for its volunteer efforts” on June 20, 2018, “Benzinga’s Top Upgrades, Downgrades For June 27, 2018” with a publish date: June 27, 2018, “WellCare CEO steps into national spotlight” and the last “JPMorgan Downgrades Molina Healthcare (MOH) to Neutral” with publication date: June 27, 2018.

WellCare Health Plans, Inc. provides managed care services for government-sponsored health care programs.The company has $11.03 billion market cap. It operates through three divisions: Medicaid Health Plans, Medicare Health Plans, and Medicare PDPs.27.21 is the P/E ratio. The Medicaid Health Plans segment offers plans for beneficiaries of temporary assistance for needy families, supplemental security income, and aged blind and disabled residents; and other state programs, such as children's health insurance programs and long-term services and supports for qualifying families who are not eligible for Medicaid.

WellCare Health Plans, Inc. (NYSE:WCG) Institutional Investors Chart

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