WellCare Health Plans, Inc. (WCG) Upgraded by ValuEngine to Buy

Marco Green
September 15, 2017

Biogen Inc now has $68.83 billion valuation. About 178,859 shares traded. Allegion PLC (ALLE) has risen 17.63% since September 8, 2016 and is uptrending. It has outperformed by 3.59% the S&P500. Deutsche Bank maintained WellCare Health Plans, Inc. It also reduced Vale S A (NYSE:VALE) stake by 49,908 shares and now owns 11,185 shares. Putnam Investments invested in 0.02% or 73,645 shares. (SPKE). The consensus rating is 2.4, suggesting the market has given up on the stock.

WellCare Health Plans, Inc.is a managed care company. (NYSE:WCG) was upgraded by analysts at ValuEngine from a "hold" rating to a "buy" rating in a research report issued on Friday, September 1st. It has outperformed by 64.01% the S&P500.

The stock decreased 1.05% or $0.14 on September 8, reaching $13.24. Its up 0.29, from 0.89 in 2016Q3. It increased, as 48 investors sold REGN shares while 151 reduced holdings. 61 funds opened positions while 153 raised stakes. Assetmark reported 9 shares or 0% of all its holdings. First Trust Advsr L P holds 0.08% or 189,372 shares in its portfolio. Arizona State Retirement holds 17,077 shares. Clarkston Prtn Limited Liability holds 1.49% or 232,523 shares. Following the completion of the sale, the director now owns 15,262 shares in the company, valued at approximately $2,677,565.28. Profund Advisors LLC now owns 7,049 shares of the company's stock valued at $988,000 after buying an additional 429 shares during the last quarter. Princeton Alpha Mngmt Lp owns 38,008 shares. Jefferies maintained the shares of WCG in report on Wednesday, June 7 with "Hold" rating. Neuberger Berman Group LLC now owns 1,539 shares of the company's stock valued at $216,000 after buying an additional 16 shares during the last quarter. Plante Moran Financial Advsrs Limited Liability Company reported 90 shares. Creative Planning now owns 862 shares of the company's stock valued at $121,000 after buying an additional 25 shares during the last quarter. Evercore Wealth Management Ltd Co accumulated 1,998 shares. Williams Jones Assocs Ltd Company reported 0.03% of its portfolio in Boeing Co (NYSE:BA). Therefore 50% are positive. WCG was included in 6 notes of analysts from November 10, 2016. The firm earned "Hold" rating on Wednesday, January 4 by Stifel Nicolaus. The rating was maintained by RBC Capital Markets on Thursday, January 26 with "Sector Perform". The rating was downgraded by Bank of America to "Neutral" on Tuesday, April 5. The stock presently has an average rating of "Hold" and a consensus price target of $173.92. The stock of Biogen Inc (NASDAQ:BIIB) has "Buy" rating given on Wednesday, July 26 by Goldman Sachs. Instinet maintained the stock with "Buy" rating in Friday, July 21 report.

Since May 1, 2017, it had 0 insider buys, and 8 sales for $14.61 million activity. $860,445 worth of stock was sold by Campos Roel C on Thursday, March 16. Shares for $350,879 were sold by Weaver Paul E. 2,500 shares were sold by Michael Yount, worth $416,425 on Thursday, May 4. The insider Polen Michael Robert sold $1.02 million. On Wednesday, June 14 Asher Andrew Lynn sold $1.28M worth of WellCare Health Plans, Inc. (NYSE:WCG) on Monday, February 22 to "Neutral" rating. Newell Brands Inc (NYSE:NWL) was raised too.

Wellcare Health Plans, Inc. shares had a trading volume of 27K in the last trading session. (NYSE:WCG). State Of Wisconsin Board has 0.01% invested in WellCare Health Plans, Inc. Therefore 0 are positive. Waters Corporation had 32 analyst reports since July 29, 2015 according to SRatingsIntel. Burt Carol sold $307,012 worth of WellCare Health Plans, Inc. As of December 31, 2016, it operated Medicaid health plans in Arizona, Florida, Georgia, Hawaii, Illinois, Kentucky, Missouri, New Jersey, New York and SC. The rating was maintained by Credit Suisse on Friday, September 4 with "Neutral". (NYSE:WCG) has "Overweight" rating given on Monday, February 22 by JP Morgan. UBS maintained the stock with "Buy" rating in Friday, August 4 report. As per Friday, August 14, the company rating was maintained by JP Morgan. The rating was maintained by J.P. Morgan with "Hold" on Monday, August 14. The rating was initiated by Morgan Stanley with "Equal-Weight" on Wednesday, June 7.

In other news, Director Glenn Md Phd Steele, Jr. sold 8,374 shares of the firm's stock in a transaction that occurred on Thursday, August 10th. Bnp Paribas Arbitrage Sa has invested 0% in Oceaneering International (NYSE:OII). The stock increased 0.55% or $1.01 during the last trading session, reaching $183.91. Oregon Public Employees Retirement Fund grew its holdings in WellCare Health Plans by 1.3% in the first quarter. Sold All: 35 Reduced: 97 Increased: 101 New Position: 58. (NYSE:WCG) has "Neutral" rating given on Thursday, November 10 by JP Morgan. Pioneer Investment Management, a Massachusetts-based fund reported 119,745 shares. Company insiders own 0.50% of the company's stock. The last close places the company's stock about $7.95 off its 52 week high of $23.65 and $4.18 above the 52 week low of $11.52. Metropolitan Life Insurance has 0.04% invested in WellCare Health Plans, Inc. (NYSE:WCG). Psagot Invest House Ltd accumulated 13,300 shares. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Invest Mgmt has invested 0.01% in WellCare Health Plans, Inc.

A number of equities research analysts recently commented on WCG shares. Bessemer Group holds 109 shares. Aqr Cap Ltd Liability holds 1.78 million shares or 0.34% of its portfolio. Envestnet Asset Management has invested 0% in WellCare Health Plans, Inc. (NYSE:WCG). Great West Life Assurance Can holds 0.01% in WellCare Health Plans, Inc.

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