Trexquant Investment Adds $52M in Centene Corporation ($CNC)
Key Points
- Trexquant Investment changed its Centene Corporation ($CNC) stake by 119.47% last quarter, boosting to 1,475,466 shares worth $94.68 million.
- Wall Street's consensus rating on $CNC is Buy and an average price target of $71.67.
- $CNC last traded around $64.17.
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Trexquant Investment increased its position in Centene Corporation ($CNC) by 119.47% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,475,466 shares of Centene Corporation after buying 803,182 shares during the quarter. Trexquant Investment's holdings in Centene Corporation were worth $94.68 million as of its most recent filing.
Centene Corporation Stock Down 0.9%
Shares of Centene Corporation ($CNC) traded around $64.17 on Saturday, down 0.9% for the day.
Centene Corporation Earnings
Analysts Set New Price Targets
About Centene Corporation
Centene Corporation operates as a managed care company that provides programs and services to under-insured families, and commercial organizations in the United States. It operates through four segments: Medicaid, Medicare, Commercial, and Other. The Medicaid segment offers the temporary assistance for needy families; medicaid expansion; aged, blind, or disabled; and children's health insurance programs, as well as long-term services and supports; foster care; and medicare-medicaid plans. This segment also provides healthcare products and services. The Medicare segment offers special needs and medicare supplement, and prescription drug plans. The Commercial segment provides health insurance marketplace product for individual and commercial group. The Other segment operates clinical healthcare and pharmacies, as well as offers vision and dental, behavioral health, and centralized services. It provides services through primary and specialty care physicians, hospitals, behavioral health practitioners, and ancillary providers. The company was founded in 1984 and is headquartered in Saint Louis, Missouri.
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