Centene (CNC) News Today

Capital International Investors boosted its position in shares of Centene Co. (NYSE:CNC - Free Report) by 60.2% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 5,216,486 shares of the company's stock after purchasing an addi

Centene (NYSE:CNC - Get Free Report) announced its quarterly earnings data on Friday. The company reported $2.42 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.80 by $0.62. The business had revenue of $39.84 billion for the quarter, compared to analysts' expectations of $36.83 billion. Centene had a net margin of 1.76% and a return on equity of 14.19%. The firm's quarterly revenue was up 5.9% compared to the same quarter last year. During the same period last year, the firm posted $2.10 earnings per share.

Centene (NYSE:CNC) Stock Price Up 6.7% on Better-Than-Expected Earnings

Healthcare of Ontario Pension Plan Trust Fund bought a new position in shares of Centene Co. (NYSE:CNC - Free Report) in the first quarter, according to the company in its most recent filing with the SEC. The firm bought 14,200 shares of the company's stock, valued at approximately $1,114,000. A nu

National Bank of Canada FI cut its holdings in Centene Co. (NYSE:CNC - Free Report) by 47.1% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 239,286 shares of the company's stock after selling 213,152 shares during the quarter. Nati

TD Cowen lowered their target price on Centene from $91.00 to $80.00 and set a "buy" rating on the stock in a research note on Wednesday.

Jefferies Financial Group lowered Centene from a "buy" rating to a "hold" rating and cut their target price for the company from $83.00 to $69.00 in a report on Wednesday.

Cantor Fitzgerald reiterated an "overweight" rating and issued a $90.00 price objective on shares of Centene in a report on Tuesday.

Wells Fargo & Company dropped their target price on Centene from $93.00 to $81.00 and set an "overweight" rating for the company in a report on Monday.

Acadian Asset Management LLC raised its holdings in Centene Co. (NYSE:CNC - Free Report) by 30.7% in the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,259,345 shares of the company's stock after buying an additional 296,086 shares during the qu

Homestead Advisers Corp trimmed its position in shares of Centene Co. (NYSE:CNC - Free Report) by 2.4% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,221,725 shares of the compa

Mitsubishi UFJ Asset Management Co. Ltd. increased its position in shares of Centene Co. (NYSE:CNC - Free Report) by 18.7% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 624,944 shares of the company's stock after pu

Centene Co. (NYSE:CNC - Get Free Report) was the recipient of a significant growth in short interest during the month of June. As of June 30th, there was short interest totalling 13,680,000 shares, a growth of 8.1% from the June 15th total of 12,650,000 shares. Based on an average daily trading volume, of 3,660,000 shares, the days-to-cover ratio is currently 3.7 days. Currently, 2.6% of the company's stock are sold short.

State Board of Administration of Florida Retirement System increased its holdings in Centene Co. (NYSE:CNC - Free Report) by 7.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 674,881

BNP PARIBAS ASSET MANAGEMENT Holding S.A. boosted its position in Centene Co. (NYSE:CNC - Free Report) by 20.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,405,541 shares of the company's stock aft

Centene Co. (NYSE:CNC - Get Free Report) has been assigned an average recommendation of "Hold" from the fourteen analysts that are covering the company, MarketBeat.com reports. Eight investment analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The a