Centene Corporation (CNC) Reaches New 52-Week High

About shares traded. Hecla Mining Company (NYSE:HL) has risen 41.69% since September 15, 2016 and is uptrending. It turned negative, as 56 investors sold Centene Corp shares while 172 reduced holdings. Oppenheimer Asset Management Inc. owned about 0.07% of Centene Corp worth $10,120,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Another trade for 4,350 shares valued at $336,603 was sold by GEPHARDT Richard A. Shares for $294,177 were sold by DITMORE ROBERT K on Friday, June 2. Finally, MV Capital Management Inc. acquired a new stake in Centene Corp in the second quarter valued at $186,000. AQR Capital Management LLC now owns 2,088,867 shares of the company's stock valued at $148,853,000 after purchasing an additional 1,084,628 shares during the last quarter. Pioneer Investment Management Inc. now owns 1,369,670 shares of the company's stock valued at $97,603,000 after buying an additional 1,285,885 shares during the last quarter. AlphaMark Advisors LLC boosted its stake in shares of Centene Corporation by 3.4% in the second quarter. Cantab Capital Partners Llp expanded its holdings by buying 16,905 shares an increase of 115.4% in the quarter. ING Groep NV now owns 14,255 shares of the company's stock valued at $810,000 after buying an additional 3,544 shares during the last quarter.

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The original version of this article can be viewed at The Chairman, President and CEO now owns $303,309,216 of the stock as reported to the SEC. $85.88's average target is -12.51% below currents $98.16 stock price. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Director Robert K. Ditmore sold 4,167 shares at an average price of $82.59 on Thursday the 27th. The disclosure for this sale can be found here. The company has market cap of 7.43 billion GBP. The stock tapped a 52-week high of US$61.44 while the mean 12-month price target for the shares is US$62.64. On July 26 Morgan Stanley maintained a company rating of "Overweight" but raised the price expectation from $86.00 to $94.00. Pinnacle Associates has invested 0.04% in Centene Corp (NYSE:CNC). Cowen and Company reaffirmed an "outperform" rating and issued a $105.00 target price (up previously from $77.00) on shares of Centene Corp in a research report on Wednesday. The forecast of 10 surveyed investment analysts covering the stock advises investors to Buy stake in the company. One equities research analyst has rated the stock with a sell recommendation, four have given a hold recommendation and sixteen have assigned a buy recommendation to the company. On July 26 Citigroup kept the stock rating at "Sell" but raised the price expectation to $89.00 from $83.00.

Analysts await Centene Corp (NYSE:CNC) to report earnings on October, 24 before the open. Centene Corporation has a 12 month low of $50.00 and a 12 month high of $75.57. The stock's 50-day moving average is $84.75 and its 200-day moving average is $77.56. The company has a market cap of $16.61 billion, a P/E ratio of 21.13 and a beta of 0.63. Oregon Pub Employees Retirement Fund invested 0.06% in Centene Corp (NYSE:CNC). Analysts expect next quarter's EPS will be $1.02 with next year's EPS anticipated to be $5.46. The Return on Equity (ROE) value stands at 13.4%. The business had revenue of $11.95 billion during the quarter, compared to the consensus estimate of $11.69 billion. The company reported the earnings of $1.59/Share in the last quarter where the estimated EPS by analysts was $1.32/share. The firm's revenue was up 9.7% compared to the same quarter previous year.

Oppenheimer Holdings lowered their Q2 2017 earnings per share (EPS) estimates for Centene Corporation in a research note issued on Wednesday.

Centene Corporation is a diversified healthcare company that provides programs and services to government sponsored healthcare programs. The Company also provides education and outreach programs to inform and assist members in accessing appropriate healthcare services. The Firm operates through two divisions: Managed Care and Specialty Services.

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