WellCare Health Plans, Inc. (WCG) Pops to All-Time High at $246.65

June 29, 2018 - By Catherine Smith

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 fall. 107 rose positions while 44 funds took positions. Funds hold 42.02 million shares thus 0.65% less from 2017Q4’s 42.30 million shares.
Louisiana State Employees Retirement Sys holds 11,700 shs or 0.1% of its capital. 20,305 were reported by Guggenheim Cap Lc. Virtu Fincl Limited Liability Corp accumulated 0.05% or 4,369 shs. Fred Alger Inc holds 0.02% or 18,085 shs in its capital. Public Sector Pension Board invested in 0.01% or 6,800 shs. First Advsrs Lp holds 0.06% or 132,267 shs. Smith Graham & Investment Advisors Limited Partnership has 29,372 shs. First Quadrant L P Ca stated it has 105,832 shs or 0.39% of all its holdings. D E Shaw And holds 82,156 shs or 0.02% of its capital. Kepos Ltd Partnership has invested 0.05% in WellCare Health Plans, Inc. (NYSE:WCG). Moreover, Citadel Advisors Ltd Llc has 0.01% invested in WellCare Health Plans, Inc. (NYSE:WCG). Navellier Associates has invested 0.04% in WellCare Health Plans, Inc. (NYSE:WCG). Moreover, Oregon Pub Employees Retirement Fund has 0.05% invested in WellCare Health Plans, Inc. (NYSE:WCG). Aqr Capital Mngmt Ltd invested in 0.25% or 1.22M shs. Voloridge Ltd owns 9,769 shs.

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.

Ticker’s shares touched $246.65 during the last trading session after 0.52% change.WellCare Health Plans, Inc. has volume of 106,905 shares. Since June 29, 2017 WCG has risen 27.35% and is uptrending. The stock outperformed the S&P500 by 14.78%.

WellCare Health Plans, Inc. (NYSE:WCG)’s earnings report is awaited by WallStreet on August, 3, according to RTT. This year’s EPS analyst estimate is awaited to be $2.99. That is 18.65 % up compareed to $2.52 EPS for last year. If the current EPS of $2.99 is accurate, WCG’s profit could reach $133.81M. After $2.47 EPS was reported previous quarter, analysts now see EPS growth of 21.05 % for WellCare Health Plans, Inc..

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”. (NYSE:WCG) has 85% bullish analysts. 21 are the (NYSE:WCG)’s ratings reports on Jun 29, 2018 according to StockzIntelligence Inc. On Friday, January 12 the rating was maintained by Jefferies with “Hold”. The company rating was upgraded by Wells Fargo on Wednesday, March 21. On Wednesday, May 30 Wells Fargo maintained WellCare Health Plans, Inc. (NYSE:WCG) rating. Wells Fargo has “Buy” rating and $25000 target. On Wednesday, January 3 the rating was maintained by Jefferies with “Hold”. On Wednesday, May 30 the company was maintained by Morgan Stanley. In Wednesday, February 7 report Jefferies maintained the stock with “Hold” rating. On Friday, March 16 the stock of WellCare Health Plans, Inc. (NYSE:WCG) has “Buy” rating given by Bank of America. On Tuesday, January 23 the firm earned “Buy” rating by Cowen & Co. On Wednesday, May 2 Morgan Stanley maintained the shares of WCG in report with “Equal-Weight” rating. On Wednesday, June 27 the company was upgraded by JP Morgan.

For more WellCare Health Plans, Inc. (NYSE:WCG) news released briefly go to: Streetinsider.com, Benzinga.com, Prnewswire.com, Seekingalpha.com or Investorplace.com. The titles are as follows: “Argus Starts WellCare Health Plans (WCG) at Buy” released on June 07, 2018, “Benzinga’s Top Upgrades, Downgrades For June 27, 2018” on June 27, 2018, “WellCare Recognized Among the 50 Most Community-Minded Companies in the US” with a publish date: June 19, 2018, “Premarket analyst action – healthcare” and the last “5 Stocks in the Spotlight on Solid Relative Price Strength” with publication date: June 27, 2018.

WellCare Health Plans, Inc. provides managed care services for government-sponsored health care programs.The company has $11.04 billion market cap. It operates through three divisions: Medicaid Health Plans, Medicare Health Plans, and Medicare PDPs.The P/E ratio is 27.23. 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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