WellCare Health Plans, Inc. (WCG) Rose to Record High

June 29, 2018 - By Sarah North

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

Big Money Sentiment decreased to 1.09 in 2018 Q1. It has change of 0.04, from 2017Q4’s 1.13. The ratio turned negative due to WellCare Health Plans, Inc. positioning: 28 sold and 111 reduced. 44 funds acquired holdings and 107 increased holdings. Investors holded 42.30 million in 2017Q4 but now own 42.02 million shares or 0.65% less.
Vanguard has invested 0.04% in WellCare Health Plans, Inc. (NYSE:WCG). 92,827 were accumulated by Nuveen Asset Management Lc. Jane Street Group Incorporated Ltd invested in 9,620 shs or 0% of the stock. Renaissance Technology Ltd Liability Corporation stated it has 1.46M shs or 0.31% of all its holdings. Moreover, Ameritas Invest has 0.12% invested in WellCare Health Plans, Inc. (NYSE:WCG) for 13,315 shs. Dorsey Wright & Associate holds 0.41% in WellCare Health Plans, Inc. (NYSE:WCG) or 13,616 shs. Natixis Advisors Lp has 15,405 shs. Asset Management has invested 0.03% of its capital in WellCare Health Plans, Inc. (NYSE:WCG). Earnest Partners Limited Com has 36 shs. Voya Mngmt Ltd Liability has 84,051 shs. 14,712 were accumulated by Sg Americas Securities Limited Liability Corporation. Glenmede Tru Na owns 42,416 shs or 0.04% of their US capital. Element Cap Management Limited Liability Com holds 0.01% or 2,211 shs in its capital. Psagot Invest House Ltd has 0.12% invested in WellCare Health Plans, Inc. (NYSE:WCG). Virtu Fincl Ltd Limited Liability Company invested 0.05% of its capital in WellCare Health Plans, Inc. (NYSE:WCG).

WellCare Health Plans, Inc. (NYSE:WCG) hit $246.65 price per share on Jun, 29, also an all time high. It was published by Barchart.com. The company has $11.04 billion market cap. The company’s valuation will be $662.28M more at $261.45 PT.

The stock increased 0.52% or $1.26 during the last trading session, reaching $246.65.WellCare Health Plans, Inc. has volume of 106,905 shares. Since June 29, 2017 WCG has risen 27.35% and is uptrending. WCG outperformed by 14.78% the S&P 500.

On August, 3 WallStreet expected WellCare Health Plans, Inc. (NYSE:WCG)’s earnings release, according to Faxor. Analysts forecast 18.65 % diference or $2.99 from the $2.52 EPS from 2017. WCG’s profit could reach $133.81M if the current EPS of $2.99 is accurate. 21.05 % EPS growth is what analysts predict. $2.47 EPS was revealed for previous quarter.

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

In total 13 analysts cover WellCare Health Plans (NYSE:WCG). “Buy” rating has 11, “Sell” are 0, while 2 are “Hold”. 85% are bullish. 21 are the (NYSE:WCG)’s analyst reports since January 3, 2018 according to StockzIntelligence Inc. On Monday, June 11 the company was initiated by SunTrust. In Tuesday, January 23 report Cowen & Co maintained the stock with “Buy” rating. The stock rating was maintained by Morgan Stanley with “Equal-Weight” on Wednesday, May 30. On Wednesday, May 30 Leerink Swann maintained the shares of WCG in report with “Buy” rating. On Wednesday, May 2 the firm earned “Equal-Weight” rating by Morgan Stanley. The company rating was maintained by Jefferies on Friday, January 12. On Wednesday, January 3 the firm has “Hold” rating by Jefferies given. On Thursday, May 31 the rating was maintained by BMO Capital Markets with “Outperform”. On Wednesday, June 27 the stock of WellCare Health Plans, Inc. (NYSE:WCG) earned “Buy” rating by J.P. Morgan. The company rating was maintained by Wells Fargo on Wednesday, May 30.

For more WellCare Health Plans, Inc. (NYSE:WCG) news brought out recently go to: Bizjournals.com, Streetinsider.com, Benzinga.com, Investorplace.com or Seekingalpha.com. The titles are as follows: “State’s major health systems, CCPN link up ahead of Medicaid reform” brought out on June 29, 2018, “JPMorgan Downgrades Molina Healthcare (MOH) to Neutral” on June 27, 2018, “Benzinga’s Top Upgrades, Downgrades For June 27, 2018” with a publish date: June 27, 2018, “5 Stocks in the Spotlight on Solid Relative Price Strength” and the last “Premarket analyst action – healthcare” with publication date: June 11, 2018.

WellCare Health Plans, Inc. provides managed care services for government-sponsored health care programs.The firm is worth $11.04 billion. It operates through three divisions: Medicaid Health Plans, Medicare Health Plans, and Medicare PDPs.27.23 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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