Ensco Plc (ESV) Valuation Declined While Invesco LTD Has Upped Its Holding; Marietta Investment Partners Trimmed Centene Del (CNC) Position by $4.64 Million; Stock Value Declined

Centene Corporation (NYSE:CNC) Logo

Marietta Investment Partners Llc decreased its stake in Centene Corp Del (CNC) by 67.83% based on its latest 2018Q4 regulatory filing with the SEC. Marietta Investment Partners Llc sold 40,330 shares as the company’s stock declined 16.85% while stock markets rallied. The institutional investor held 19,126 shares of the medical specialities company at the end of 2018Q4, valued at $2.21 million, down from 59,456 at the end of the previous reported quarter. Marietta Investment Partners Llc who had been investing in Centene Corp Del for a number of months, seems to be less bullish one the $24.75B market cap company. The stock increased 0.89% or $0.53 during the last trading session, reaching $59.91. About 669,724 shares traded. Centene Corporation (NYSE:CNC) has risen 17.34% since March 15, 2018 and is uptrending. It has outperformed by 12.97% the S&P500. Some Historical CNC News: 30/04/2018 – Centene Corp Announces Offering of Common Stk; 24/04/2018 – Correct: Centene Sees 2018 EPS $4.36-EPS $4.70; 24/04/2018 – CENTENE CORP SEES FY 2018 TOTAL REVENUES $58.2 BLN TO $59.0 BLN; 11/04/2018 – UNITEDHEALTH PA. REBID WIN NEGATIVE FOR CENTENE: WELLS FARGO; 24/04/2018 – CENTENE CORP QTRLY SHR $1.91; 24/04/2018 – Centene Raises 2018 View To EPS $5.91-EPS $6.25; 13/03/2018 – CENTENE SAYS MADE INITIAL INVESTMENT IN RXADVANCE, A FULL-SERVICE PHARMACY BENEFIT MANAGER; 15/03/2018 – Ex-Apple chief: Centene partnership with pharmacy start-up will drive better care with lower costs; 13/03/2018 – CENTENE CORP – AS PART OF INITIAL TRANSACTION, CENTENE HAS CERTAIN RIGHTS TO EXPAND ITS EQUITY INVESTMENT IN FUTURE; 09/05/2018 – CENTENE CORP – OFFERING WAS UPSIZED FROM PREVIOUSLY ANNOUNCED $1.7 BLN OF NOTES

Invesco Ltd increased its stake in Ensco Plc (ESV) by 72.18% based on its latest 2018Q4 regulatory filing with the SEC. Invesco Ltd bought 1.88 million shares as the company’s stock declined 28.55% while stock markets rallied. The institutional investor held 4.49 million shares of the oil & gas production company at the end of 2018Q4, valued at $15.97 million, up from 2.61M at the end of the previous reported quarter. Invesco Ltd who had been investing in Ensco Plc for a number of months, seems to be bullish on the $1.88 billion market cap company. The stock increased 0.82% or $0.035 during the last trading session, reaching $4.295. About 1.01 million shares traded. Ensco plc (NYSE:ESV) has declined 2.91% since March 15, 2018 and is downtrending. It has underperformed by 7.28% the S&P500. Some Historical ESV News: 25/04/2018 – ENSCO 1Q OPER REV. $417M, EST. $421.6M; 15/03/2018 – ENSCO PLC ESV.N : ASSUMING COVERAGE WITH NEUTRAL RATING AND TARGET PRICE OF $8; 25/04/2018 – Ensco 1Q Cont Ops Loss/Shr 32c; 14/05/2018 – Elephas Investment Buys New 1.9% Position in Ensco; 16/03/2018 – CORRECTED-ENSCO PLC ESV.N : CREDIT SUISSE ASSUMING COVERAGE WITH NEUTRAL RATING AND TARGET PRICE OF $8 (ADDS BROKERAGE NAME); 25/04/2018 – ENSCO 1Q ADJ LOSS/SHR CONT OPS 32C, EST. LOSS/SHR 27C; 19/04/2018 – Ensco Rises for 9 Days; Longest Winning Streak in 15 Years; 18/05/2018 – Ensco Forms Golden Cross: Technicals; 11/04/2018 – Ensco Closes Above 50-Day Moving Average: Technicals; 25/04/2018 – ENSCO PLC ESV.N – QTRLY TOTAL RIG UTILIZATION 54% VS 58%

Invesco Ltd, which manages about $261.24B US Long portfolio, decreased its stake in Transcanada Corp (NYSE:TRP) by 83,325 shares to 1.73M shares, valued at $61.78 million in 2018Q4, according to the filing. It also reduced its holding in Copart Inc (NASDAQ:CPRT) by 834,612 shares in the quarter, leaving it with 1.17M shares, and cut its stake in Cooper Tire & Rubr Co (NYSE:CTB).

More notable recent Ensco plc (NYSE:ESV) news were published by: Seekingalpha.com which released: “Ensco unveils new work in latest fleet status report – Seeking Alpha” on February 21, 2019, also Businesswire.com with their article: “Rowan Companies plc and Ensco plc Shareholders Approve Pending Combination – Business Wire” published on February 21, 2019, Globenewswire.com published: “Consolidated Research: 2019 Summary Expectations for TherapeuticsMD, Ensco plc, Cray, BeiGene, The Gap, and Nordson — Fundamental Analysis, Key Performance Indications – GlobeNewswire” on March 05, 2019. More interesting news about Ensco plc (NYSE:ESV) were released by: Streetinsider.com and their article: “Ensco plc (ESV) Receives CMA Clearance for Pending Combination with Rowan Companies (RDC) – StreetInsider.com” published on February 15, 2019 as well as Seekingalpha.com‘s news article titled: “Ensco Sweetens The Offer For Rowan – Seeking Alpha” with publication date: January 14, 2019.

Since November 14, 2018, it had 0 buys, and 1 sale for $27,990 activity.

Investors sentiment decreased to 0.87 in 2018 Q4. Its down 0.24, from 1.11 in 2018Q3. It fall, as 41 investors sold ESV shares while 86 reduced holdings. 36 funds opened positions while 75 raised stakes. 392.73 million shares or 0.33% more from 391.43 million shares in 2018Q3 were reported. Jefferies Group Limited Liability Corp has invested 0.14% in Ensco plc (NYSE:ESV). Gsa Capital Prtnrs Llp has invested 0.13% in Ensco plc (NYSE:ESV). 10,705 are held by Hellman Jordan Co Ma. National Bank Of Montreal Can holds 556,771 shares or 0% of its portfolio. Murphy Cap Management reported 14,250 shares stake. Loudon Mgmt Lc holds 15,000 shares. Moreover, Reilly Advsr Lc has 0% invested in Ensco plc (NYSE:ESV) for 3,700 shares. Highbridge Capital Management Limited Liability Corporation reported 0.03% in Ensco plc (NYSE:ESV). Arizona State Retirement reported 313,723 shares. Fdx has invested 0% of its portfolio in Ensco plc (NYSE:ESV). Principal stated it has 0.01% in Ensco plc (NYSE:ESV). The Texas-based Moody Bank Tru Division has invested 0% in Ensco plc (NYSE:ESV). Vanguard Gp Inc reported 39.86 million shares stake. Parametric Port Assocs Limited Liability Com accumulated 457,989 shares. Oregon Pub Employees Retirement Fund holds 615,253 shares or 0.13% of its portfolio.

More recent Centene Corporation (NYSE:CNC) news were published by: Streetinsider.com which released: “JANA Partners Enters Centene (CNC), Mastercard (MA), Salesforce (CRM); Raises Microsoft (MSFT), Lowers Apple (AAPL) (More…) – StreetInsider.com” on February 14, 2019. Also Globenewswire.com published the news titled: “Report: Developing Opportunities within Gray Television, Terex, Marriott International, Philip Morris International, Nordstrom, and Centene — Future Expectations, Projections Moving into 2019 – GlobeNewswire” on March 05, 2019. Streetinsider.com‘s news article titled: “Cowen Starts Centene (CNC) at Outperform – StreetInsider.com” with publication date: February 28, 2019 was also an interesting one.

Analysts await Centene Corporation (NYSE:CNC) to report earnings on April, 23 before the open. They expect $1.32 earnings per share, up 21.10% or $0.23 from last year’s $1.09 per share. CNC’s profit will be $545.38 million for 11.35 P/E if the $1.32 EPS becomes a reality. After $0.69 actual earnings per share reported by Centene Corporation for the previous quarter, Wall Street now forecasts 91.30% EPS growth.

Investors sentiment increased to 1 in 2018 Q4. Its up 0.11, from 0.89 in 2018Q3. It is positive, as 55 investors sold CNC shares while 211 reduced holdings. 79 funds opened positions while 187 raised stakes. 186.41 million shares or 6.67% more from 174.76 million shares in 2018Q3 were reported. Proshare Ltd Liability has invested 0.04% in Centene Corporation (NYSE:CNC). Palisade Cap Mngmt Limited Liability Corp Nj has invested 0.58% in Centene Corporation (NYSE:CNC). Commerzbank Aktiengesellschaft Fi holds 9,145 shares or 0.01% of its portfolio. Iberiabank Corporation reported 3,076 shares. Robeco Institutional Asset Mngmt Bv has 0.04% invested in Centene Corporation (NYSE:CNC). D E Shaw Company Inc owns 217,936 shares or 0.03% of their US portfolio. Moreover, Pictet Asset has 0.13% invested in Centene Corporation (NYSE:CNC). Winslow Evans & Crocker has 0.14% invested in Centene Corporation (NYSE:CNC) for 3,524 shares. 54,772 were accumulated by Oppenheimer And Company. New Jersey-based Edgestream Prtnrs Limited Partnership has invested 0.15% in Centene Corporation (NYSE:CNC). Asset Mgmt invested in 13,509 shares or 0.1% of the stock. 2.31M were reported by Ameriprise Fincl. 33,100 were reported by Grisanti Cap Mgmt Ltd Limited Liability Company. Mirae Asset Glob Investments Company holds 0.13% or 120,547 shares in its portfolio. Tiverton Asset Ltd Liability Corp owns 95,750 shares or 0.66% of their US portfolio.

Since September 28, 2018, it had 0 insider buys, and 5 insider sales for $4.25 million activity. On Tuesday, January 15 Schwaneke Jeffrey A. sold $500,000 worth of Centene Corporation (NYSE:CNC) or 4,000 shares. The insider Hunter Jesse N sold $1.21M. 15,000 shares were sold by DITMORE ROBERT K, worth $1.94 million. $290,000 worth of Centene Corporation (NYSE:CNC) was sold by Williamson Keith H.

Marietta Investment Partners Llc, which manages about $392.24 million and $261.60 million US Long portfolio, upped its stake in Credicorp Ltd (NYSE:BAP) by 14,903 shares to 17,817 shares, valued at $3.95M in 2018Q4, according to the filing. It also increased its holding in Ingersoll Rand Plc (NYSE:IR) by 10,140 shares in the quarter, for a total of 13,788 shares, and has risen its stake in Eli Lilly & Company (NYSE:LLY).

Centene Corporation (NYSE:CNC) Institutional Positions Chart

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