Do The Numbers Tell The Whole Story? Centene Corporation (CNC), AGNC Investment Corp. (AGNC)

BOWERS CHRISTOPHER D, EVP, Markets, sold 9,200 shares of the Centene Corporation (NYSE:CNC) in an exchange that happened on February 15th. The stock was sold at an average price of $65.01 per share, amounting to a transaction worth $598,092. The sale was made public in a document filed with the SEC. Additionally, EVP, CFO Schwaneke Jeffrey A. sold 4,000 shares of this stock in a transaction that took place on January 15th. The stock was sold at an average price of $125.00 per share, for a total exchange amounting to $500,000. After the transaction, the EVP, CFO Schwaneke Jeffrey A. currently holds 170,840 shares of the company’s stock, which is worth approximately $10144479.

With this stock price’s latest movement, it is now -20.28% away from its 1-year high and 18.76% higher than its 1-year low price. In the past seven days, the stock price volatility for Centene Corporation was 2.35%, whereas its volatility in the past 30 days has been 2.53%. This public company’s stock also has a beta score of 1.31. When the beta value is less/more than 1, it can imply that the stock is less/more volatile than the wider stock market – a metric that traders will surely be keeping tabs on.

Centene Corporation (NYSE:CNC) most recently published its quarterly earnings results. The firm posted $0.69 earnings per share (EPS) for the three-month period, surpassing analysts’ consensus estimate of $0.66 by $0.03. The publicly-traded organization reported revenue of $16,559.00 million for the quarter, compared to the average analyst forecast calling for $16,398.00 million, which was surpassing the analyst consensus estimate.

Shares of Centene Corporation (CNC) plunged -1.00%, amounting to a loss of -$0.59999999999999 per share, to finish the regular trading session at $59.38 on Thursday 03/14/2019. After beginning the session at $59.88, shares of Centene Corporation reached as high as $60.3 during the day, while hitting a 1-day low of $59.245. Trade volume reached 2,632,628 shares against this stock’s average daily volume of 3.64M shares, with a total float of 403.80M. As a consequence of the price decrease, Centene Corporation now has a current market value of 24.48B.

AGNC Investment Corp. (NASDAQ:AGNC) subtracted -0.17% to its trading price by the close of the most recent session, dropping from its previous closing price of $18.03 to $18.00. This stock increased in value by 1.81% during the last 7-day period, and experienced a gain of 0.95% over the past 30-day period. In the past three months, this stock’s price lost by 0.50% , and subtracted -5.81% to its price during the last six months of trading. AGNC demonstrated a yearly price loss of -4.20% , while its year-to-date (YTD) price performance has been up 2.62% . This stock’s price changed by +6.13% compared to its 90-day low, and moved down -0.83% comparing to its 90-day high price.

Have a quick look on short, medium and long-term indicators. According to the Composite Indicator, Trendspotter rated the AGNC stock as “Buy”. In the short-term, AGNC Investment Corp. (AGNC) has a 20-day average volume of 4,963,040 shares and short-term indicators sets the AGNC stock as “ 60% Buy ” on average basis. In the medium-term, AGNC stock has a 50-Day average volume of 5,433,616 shares and medium-term indicators gave the average rating of “ 25% Buy ”, while in the long-term period the FB stock has a 100-Day average volume of 6,576,802 shares. On average, long-term indicators rated the stock as “100% Buy ”. The overall picture from all short, medium and long-term indicators sets the AGNC stock as “64% Buy ” on average basis.

Recently, multiple brokerages have sent out reports on AGNC. Keefe Bruyette, for example, Upgrade its rating on shares of AGNC Investment Corp. from “Mkt Perform ” to a “ Outperform”according to a research note from Monday January 14th, 2019. while giving the stock a “ Overweight” from “Neutral ” rating, as stated in a research report from Thursday, December 20th, 2018. Barclays, on the other hand, Upgrade a from “Equal Weight ” to “ Overweight” rating on this stock in a research note dated Friday, December 14th, 2018.

In other news related to AGNC Investment Corp. stock, 72.09% shares of AGNC held by institutions. The total number of institutions who held the AGNC shares was 564, according to most recent SEC filling. During the past quarter, total 386,622,091 shares held by institutions with the net change of 63,537,326 shares. In the meantime, 92 new institutions bought the shares of AGNC Investment Corp. for the first time and 60 institutions sold all their holdings in the company’s common stock. 301 institutions increased their investment in the AGNC stock and 183 institutions decreased their investment in the AGNC Investment Corp. (AGNC)’s stock during the last quarter.