Cibc World Markets Has Cut By $6.89 Million Its Wellcare Health Plans Com (WCG) Stake; Lloyds Banking Group Plc (LYG) Shorts Raised By 3.65%

November 15, 2017 - By Marie Mckinney

Cibc World Markets Corp decreased Wellcare Health Plans Inc Com (WCG) stake by 57.46% reported in 2017Q2 SEC filing. Cibc World Markets Corp sold 38,500 shares as Wellcare Health Plans Inc Com (WCG)’s stock rose 24.26%. The Cibc World Markets Corp holds 28,500 shares with $5.12 million value, down from 67,000 last quarter. Wellcare Health Plans Inc Com now has $8.91B valuation. The stock decreased 0.81% or $1.64 during the last trading session, reaching $200.11. About shares traded. WellCare Health Plans, Inc. (NYSE:WCG) has risen 80.71% since November 15, 2016 and is uptrending. It has outperformed by 64.01% the S&P500.

Lloyds Banking Group Plc (NYSE:LYG) had an increase of 3.65% in short interest. LYG’s SI was 13.08M shares in November as released by FINRA. Its up 3.65% from 12.62M shares previously. With 3.29 million avg volume, 4 days are for Lloyds Banking Group Plc (NYSE:LYG)’s short sellers to cover LYG’s short positions. The stock 0.14% or $0 during the last trading session, reaching $3.54. It is down 7.28% since November 15, 2016 and is downtrending. It has underperformed by 23.98% the S&P500.

Since May 25, 2017, it had 0 buys, and 3 sales for $1.73 million activity. On Thursday, May 25 Meyer Michael Troy sold $103,116 worth of WellCare Health Plans, Inc. (NYSE:WCG) or 600 shares. Shares for $350,879 were sold by Weaver Paul E. Shares for $1.28 million were sold by Asher Andrew Lynn.

Among 19 analysts covering Wellcare Health Plans Inc. (NYSE:WCG), 10 have Buy rating, 0 Sell and 9 Hold. Therefore 53% are positive. Wellcare Health Plans Inc. has $22500 highest and $85 lowest target. $188.73’s average target is -5.69% below currents $200.11 stock price. Wellcare Health Plans Inc. had 38 analyst reports since July 23, 2015 according to SRatingsIntel. The stock of WellCare Health Plans, Inc. (NYSE:WCG) has “Equal-Weight” rating given on Monday, August 7 by Morgan Stanley. Credit Suisse initiated the stock with “Underperform” rating in Wednesday, December 16 report. The stock has “Equal-Weight” rating by Morgan Stanley on Wednesday, June 7. Jefferies maintained WellCare Health Plans, Inc. (NYSE:WCG) on Wednesday, November 1 with “Hold” rating. As per Tuesday, October 31, the company rating was maintained by Cantor Fitzgerald. The firm has “Buy” rating given on Monday, October 9 by Cowen & Co. Morgan Stanley maintained the shares of WCG in report on Thursday, November 2 with “Equal-Weight” rating. The firm earned “Buy” rating on Tuesday, October 31 by Piper Jaffray. The firm earned “Buy” rating on Thursday, August 24 by Cantor Fitzgerald. The rating was maintained by Piper Jaffray on Friday, August 4 with “Buy”.

Cibc World Markets Corp increased Goodyear Tire & Rubr Co Com (NASDAQ:GT) stake by 9,319 shares to 35,590 valued at $1.24 million in 2017Q2. It also upped Dover Corp Com (NYSE:DOV) stake by 5,779 shares and now owns 22,005 shares. Ralph Lauren Corp Cl A (NYSE:RL) was raised too.

Investors sentiment decreased to 0.9 in 2017 Q2. Its down 0.44, from 1.34 in 2017Q1. It dived, as 27 investors sold WCG shares while 122 reduced holdings. 36 funds opened positions while 98 raised stakes. 42.60 million shares or 0.76% less from 42.93 million shares in 2017Q1 were reported. Nomura Asset Mngmt Communication invested 0% in WellCare Health Plans, Inc. (NYSE:WCG). Macquarie Group Ltd holds 0.02% or 69,887 shares. Credit Suisse Ag invested 0.01% of its portfolio in WellCare Health Plans, Inc. (NYSE:WCG). Employees Retirement Systems Of Ohio has invested 0.05% in WellCare Health Plans, Inc. (NYSE:WCG). Ameritas Prtnrs stated it has 13,315 shares or 0.12% of all its holdings. State Street invested 0.02% of its portfolio in WellCare Health Plans, Inc. (NYSE:WCG). 1,200 were reported by Trexquant Inv Lp. Oakbrook Investments Limited Liability owns 0.03% invested in WellCare Health Plans, Inc. (NYSE:WCG) for 2,693 shares. Jefferies Grp Llc holds 0% of its portfolio in WellCare Health Plans, Inc. (NYSE:WCG) for 2,653 shares. Calamos Advisors Ltd Com has invested 0% of its portfolio in WellCare Health Plans, Inc. (NYSE:WCG). Pioneer Invest Inc accumulated 89,173 shares or 0.05% of the stock. 5,413 are owned by Ing Groep Nv. Advsr Asset Mgmt invested in 10,482 shares or 0.03% of the stock. Adams Diversified Equity Fund reported 5,400 shares. Psagot Inv House Limited reported 0.12% stake.

Analysts await WellCare Health Plans, Inc. (NYSE:WCG) to report earnings on February, 6. They expect $0.39 earnings per share, down 62.14% or $0.64 from last year’s $1.03 per share. WCG’s profit will be $17.36M for 128.28 P/E if the $0.39 EPS becomes a reality. After $4.08 actual earnings per share reported by WellCare Health Plans, Inc. for the previous quarter, Wall Street now forecasts -90.44% negative EPS growth.

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