Ngam Advisors LP Has Lowered Centene Del (CNC) Holding, Ufp Technologies Has 1.68 Sentiment

June 20, 2017 - By wolcottdaily

Ngam Advisors Lp decreased Centene Corp Del (CNC) stake by 53.58% reported in 2016Q4 SEC filing. Ngam Advisors Lp sold 132,938 shares as Centene Corp Del (CNC)’s stock rose 11.03%. The Ngam Advisors Lp holds 115,151 shares with $6.51M value, down from 248,089 last quarter. Centene Corp Del now has $13.51B valuation. The stock declined 0.28% or $0.22 reaching $78.41 per share. About shares traded. Centene Corp (NYSE:CNC) has risen 32.56% since June 20, 2016 and is uptrending. It has outperformed by 15.86% the S&P500.

UFP Technologies, Inc. is a designer and custom converter of foams, plastics, composites and natural fiber materials. The company has market cap of $200.32 million. The Firm is engaged in providing solutions to clients primarily within the medical, automotive, consumer, electronics, industrial, and aerospace and defense markets. It has a 22.24 P/E ratio. It converts these materials using laminating, molding, and fabricating manufacturing technologies.

Analysts await Centene Corp (NYSE:CNC) to report earnings on July, 25 before the open. They expect $1.30 EPS, up 0.78% or $0.01 from last year’s $1.29 per share. CNC’s profit will be $223.99 million for 15.08 P/E if the $1.30 EPS becomes a reality. After $1.12 actual EPS reported by Centene Corp for the previous quarter, Wall Street now forecasts 16.07% EPS growth.

Since January 11, 2017, it had 0 insider buys, and 11 insider sales for $4.90 million activity. GEPHARDT Richard A had sold 4,350 shares worth $336,603 on Monday, June 12. DITMORE ROBERT K also sold $286,398 worth of Centene Corp (NYSE:CNC) on Thursday, February 9. Shares for $1.88M were sold by NEIDORFF MICHAEL F. 5,000 Centene Corp (NYSE:CNC) shares with value of $372,000 were sold by Hunter Jesse N. Williamson Keith H sold 6,000 shares worth $450,000. $163,004 worth of stock was sold by BROOKS MARK J on Friday, June 2. $137,040 worth of Centene Corp (NYSE:CNC) was sold by Schwaneke Jeffrey A..

Ngam Advisors Lp increased Hp Inc stake by 25,551 shares to 86,245 valued at $1.28M in 2016Q4. It also upped Accenture Plc Ireland (NYSE:ACN) stake by 35,038 shares and now owns 401,998 shares. Cigna Corporation (NYSE:CI) was raised too.

Investors sentiment increased to 0.98 in 2016 Q4. Its up 0.18, from 0.8 in 2016Q3. It increased, as 56 investors sold CNC shares while 172 reduced holdings. 86 funds opened positions while 137 raised stakes. 146.22 million shares or 4.61% less from 153.29 million shares in 2016Q3 were reported. Northwestern Mutual Wealth Mgmt Company invested 0% of its portfolio in Centene Corp (NYSE:CNC). First Citizens State Bank Trust, a North Carolina-based fund reported 4,324 shares. Tcw Grp reported 17,030 shares. Gulf International Bancshares (Uk) reported 0.04% stake. Mutual Of America Mgmt Ltd Limited Liability Company stated it has 0.04% in Centene Corp (NYSE:CNC). Viking Global LP reported 1.65 million shares. Vanguard Grp Incorporated holds 0.05% in Centene Corp (NYSE:CNC) or 15.36M shares. Stevens Cap Mgmt LP accumulated 4,987 shares. Texas Permanent School Fund, Texas-based fund reported 51,193 shares. Moreover, 1832 Asset Mngmt Lp has 0.63% invested in Centene Corp (NYSE:CNC) for 2.59M shares. 26,992 are held by Westpac Banking. New York-based Senzar Asset Mngmt Ltd has invested 2.2% in Centene Corp (NYSE:CNC). 456,716 are held by Renaissance Technologies Ltd Liability. Kanaly Tru reported 0% of its portfolio in Centene Corp (NYSE:CNC). Pub Sector Pension Inv Board accumulated 37,500 shares.

Among 17 analysts covering Centene Corporation (NYSE:CNC), 12 have Buy rating, 0 Sell and 5 Hold. Therefore 71% are positive. Centene Corporation had 28 analyst reports since July 22, 2015 according to SRatingsIntel. The rating was initiated by JP Morgan with “Overweight” on Wednesday, December 21. As per Monday, April 25, the company rating was initiated by Cowen & Co. On Wednesday, January 4 the stock rating was initiated by Piper Jaffray with “Overweight”. The stock has “Neutral” rating by JP Morgan on Monday, May 22. As per Wednesday, February 8, the company rating was maintained by Barclays Capital. The rating was initiated by Citigroup with “Buy” on Friday, October 2. The stock of Centene Corp (NYSE:CNC) has “Buy” rating given on Friday, September 23 by Evercore. The stock of Centene Corp (NYSE:CNC) earned “Buy” rating by Jefferies on Wednesday, July 27. The firm earned “Buy” rating on Monday, July 27 by UBS. The stock of Centene Corp (NYSE:CNC) has “Buy” rating given on Thursday, May 26 by Stifel Nicolaus.

Analysts await UFP Technologies, Inc. (NASDAQ:UFPT) to report earnings on August, 1. They expect $0.29 EPS, down 9.38% or $0.03 from last year’s $0.32 per share. UFPT’s profit will be $2.10 million for 23.88 P/E if the $0.29 EPS becomes a reality. After $0.30 actual EPS reported by UFP Technologies, Inc. for the previous quarter, Wall Street now forecasts -3.33% negative EPS growth.

Thomson Horstmann & Bryant Inc holds 1.36% of its portfolio in UFP Technologies, Inc. for 431,347 shares. Cove Street Capital Llc owns 441,838 shares or 1.17% of their US portfolio. Moreover, Punch & Associates Investment Management Inc. has 0.45% invested in the company for 178,900 shares. The Massachusetts-based Cubic Asset Management Llc has invested 0.33% in the stock. Huber Capital Management Llc, a California-based fund reported 283,609 shares.

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