DoubleLine Opportunistic Credit Fund (DBL) At $21.59 Forms Bottom; 16 Analysts Covering Centene (CNC)

Centene Corporation (NYSE:CNC) Logo

Among 20 analysts covering Centene Corporation (NYSE:CNC), 16 have Buy rating, 1 Sell and 3 Hold. Therefore 80% are positive. Centene Corporation had 61 analyst reports since July 22, 2015 according to SRatingsIntel. The stock has “Buy” rating by Cantor Fitzgerald on Thursday, March 15. Stifel Nicolaus upgraded the shares of CNC in report on Thursday, May 26 to “Buy” rating. As per Wednesday, February 7, the company rating was maintained by Credit Suisse. The stock has “Buy” rating by Piper Jaffray on Tuesday, July 25. As per Tuesday, October 24, the company rating was maintained by Cantor Fitzgerald. Leerink Swann downgraded the shares of CNC in report on Tuesday, September 6 to “Mkt Perform” rating. The firm has “Outperform” rating given on Monday, November 14 by Bernstein. Leerink Swann maintained Centene Corporation (NYSE:CNC) rating on Wednesday, September 13. Leerink Swann has “Hold” rating and $90.0 target. The stock has “Buy” rating by Jefferies on Wednesday, June 7. The firm has “Outperform” rating by Credit Suisse given on Wednesday, December 16. See Centene Corporation (NYSE:CNC) latest ratings:

26/03/2018 Broker: BMO Capital Markets Rating: Buy
15/03/2018 Broker: Cantor Fitzgerald Rating: Buy New Target: $125.0 Maintain
13/02/2018 Broker: Leerink Swann Old Rating: Market Perform New Rating: Market Perform Old Target: $90 New Target: $100 Maintain
06/02/2018 Broker: Jefferies Rating: Buy New Target: $129.0 Maintain
07/02/2018 Broker: Credit Suisse Old Rating: Neutral New Rating: Neutral Old Target: $110 New Target: $112 Maintain
07/02/2018 Broker: Morgan Stanley Old Rating: Overweight New Rating: Overweight Old Target: $118 New Target: $126 Maintain
06/02/2018 Broker: Cantor Fitzgerald Rating: Buy New Target: $125.0 Maintain
12/01/2018 Broker: Jefferies Rating: Buy New Target: $123.0 Maintain
03/01/2018 Broker: Goldman Sachs Rating: Buy New Target: $135 Initiates Coverage On
18/12/2017 Broker: Wells Fargo Rating: Buy Maintain

DoubleLine Opportunistic Credit Fund (DBL) formed multiple bottom with $19.86 target or 8.00% below today’s $21.59 share price. DoubleLine Opportunistic Credit Fund (DBL) has $ valuation. The stock decreased 0.18% or $0.04 during the last trading session, reaching $21.59. About 42,590 shares traded. DoubleLine Opportunistic Credit Fund (NYSE:DBL) has declined 9.22% since April 12, 2017 and is downtrending. It has underperformed by 20.77% the S&P500.

The stock decreased 1.88% or $2.03 during the last trading session, reaching $105.93. About 1.26M shares traded. Centene Corporation (NYSE:CNC) has risen 44.01% since April 12, 2017 and is uptrending. It has outperformed by 32.46% the S&P500.

Centene Corporation operates as a diversified and multi-national healthcare enterprise that provides programs and services to under-insured and uninsured individuals in the United States. The company has market cap of $18.54 billion. It operates through two divisions, Managed Care and Specialty Services. It has a 22.59 P/E ratio. The Managed Care segment offers Medicaid and Medicaid-related health plan coverage to individuals through government subsidized programs, including Medicaid, the State childrenÂ’s health insurance program, long-term care, foster care, and dual-eligible individual, as well as aged, blind, or disabled programs.

Investors sentiment increased to 1.19 in 2017 Q4. Its up 0.12, from 1.07 in 2017Q3. It is positive, as 35 investors sold Centene Corporation shares while 186 reduced holdings. 85 funds opened positions while 177 raised stakes. 150.93 million shares or 0.26% more from 150.53 million shares in 2017Q3 were reported. Old Mutual Customised Solutions (Proprietary) holds 0.11% or 10,612 shares. Jaffetilchin Partners Lc holds 0.48% or 14,178 shares in its portfolio. Geode Cap Mngmt Ltd Liability Co holds 0.08% in Centene Corporation (NYSE:CNC) or 2.25M shares. 9,302 are owned by Caxton Assoc Lp. Everence Capital Management Inc invested in 4,602 shares. 18.12 million were accumulated by Vanguard Group Inc Inc. North Star Investment Mngmt invested in 0% or 300 shares. Prudential Inc invested in 670,523 shares or 0.09% of the stock. Cornerstone Management Ltd Liability invested in 473,937 shares. Palisade Capital Mgmt Ltd Com Nj accumulated 115,987 shares. Thrivent Fincl For Lutherans holds 0% of its portfolio in Centene Corporation (NYSE:CNC) for 6,958 shares. Argent Trust stated it has 12,734 shares. Swiss Financial Bank has invested 0.07% of its portfolio in Centene Corporation (NYSE:CNC). Catalyst Capital Advisors Ltd Limited Liability Company reported 27,300 shares. Mariner Wealth Advsrs Limited Liability Company has 0.02% invested in Centene Corporation (NYSE:CNC) for 4,951 shares.

Since October 26, 2017, it had 0 buys, and 5 sales for $3.19 million activity. BROOKS MARK J had sold 4,165 shares worth $425,955 on Monday, March 12. Shares for $912,625 were sold by DITMORE ROBERT K. 10,000 shares valued at $987,300 were sold by Hunter Jesse N on Tuesday, December 19. BOWERS CHRISTOPHER D also sold $490,896 worth of Centene Corporation (NYSE:CNC) shares.

Investors sentiment decreased to 0.77 in Q4 2017. Its down 0.14, from 0.91 in 2017Q3. It dropped, as 6 investors sold DoubleLine Opportunistic Credit Fund shares while 20 reduced holdings. 8 funds opened positions while 12 raised stakes. 2.71 million shares or 3.59% less from 2.81 million shares in 2017Q3 were reported. 500 were reported by Ironwood Limited Liability Company. First Foundation holds 29,078 shares or 0.03% of its portfolio. Botty reported 10,450 shares or 0.07% of all its holdings. Sit Associate invested in 0.05% or 100,800 shares. Addison Cap reported 0.53% of its portfolio in DoubleLine Opportunistic Credit Fund (NYSE:DBL). Sii Investments Wi invested 0.15% of its portfolio in DoubleLine Opportunistic Credit Fund (NYSE:DBL). 96,455 are owned by Commercial Bank Of America Corporation De. Focused Wealth Management accumulated 9,787 shares or 0.07% of the stock. Jefferies Gru Ltd owns 12,835 shares or 0% of their US portfolio. Mariner Investment Grp Ltd accumulated 33,708 shares. Citigroup holds 0% or 5,617 shares in its portfolio. Carroll Assoc stated it has 0% in DoubleLine Opportunistic Credit Fund (NYSE:DBL). 1,699 are owned by Benjamin F Edwards And. Scotia Cap invested in 15,649 shares. Van Hulzen Asset Ltd Liability Com reported 0.89% of its portfolio in DoubleLine Opportunistic Credit Fund (NYSE:DBL).

Centene Corporation (NYSE:CNC) Institutional Positions Chart