As G (GIII) Stock Value Declined, Parametric Portfolio Associates Upped Stake; As Wellcare Health Plans (WCG) Stock Declined, Mason Street Advisors Has Cut Its Position

WellCare Health Plans, Inc. (NYSE:WCG) Logo

Parametric Portfolio Associates Llc increased its stake in G (GIII) by 4.63% based on its latest 2018Q3 regulatory filing with the SEC. Parametric Portfolio Associates Llc bought 7,273 shares as the company’s stock declined 30.55% with the market. The institutional investor held 164,207 shares of the consumer non-durables company at the end of 2018Q3, valued at $7.91 million, up from 156,934 at the end of the previous reported quarter. Parametric Portfolio Associates Llc who had been investing in G for a number of months, seems to be bullish on the $1.47B market cap company. The stock decreased 5.70% or $1.8 during the last trading session, reaching $29.77. About 1.37M shares traded or 77.56% up from the average. G-III Apparel Group, Ltd. (NASDAQ:GIII) has declined 11.07% since January 11, 2018 and is downtrending. It has underperformed by 11.07% the S&P500. Some Historical GIII News: 22/03/2018 – G-lll APPAREL GROUP LTD – SEES FY 2019 SHR $1.90 TO $2.00; 22/03/2018 – GIII SEES 1Q ADJ LOSS/SHR 2C TO 12C, EST. LOSS/SHR 3.0C; 22/03/2018 – G-lll APPAREL GROUP LTD Glll.O SEES FY 2019 NON-GAAP SHR $1.98 TO $2.08; 24/04/2018 – Channing Capital Buys New 2.7% Position in G-III Apparel; 14/05/2018 – Fuller & Thaler Adds Portland General, Exits G-III Apparel: 13F; 22/03/2018 – G-III Apparel Sees FY19 Adj EPS $1.98-Adj EPS $2.08; 19/04/2018 – DJ G-III Apparel Group Ltd, Inst Holders, 1Q 2018 (GIII); 22/03/2018 – G-lll APPAREL GROUP LTD Glll.O SEES FY 2019 SALES ABOUT $2.94 BLN; 22/03/2018 – G-III Apparel Sees FY19 Adjusted EBITDA $218M-$227M; 05/03/2018 G-III Apparel Closes Below 50-Day Moving Average: Technicals

Mason Street Advisors Llc decreased its stake in Wellcare Health Plans Inc (WCG) by 69.4% based on its latest 2018Q3 regulatory filing with the SEC. Mason Street Advisors Llc sold 15,929 shares as the company’s stock declined 23.51% with the market. The institutional investor held 7,025 shares of the health care company at the end of 2018Q3, valued at $2.25 million, down from 22,954 at the end of the previous reported quarter. Mason Street Advisors Llc who had been investing in Wellcare Health Plans Inc for a number of months, seems to be less bullish one the $12.15 billion market cap company. The stock decreased 0.45% or $1.09 during the last trading session, reaching $243.06. About 665,374 shares traded. WellCare Health Plans, Inc. (NYSE:WCG) has risen 12.98% since January 11, 2018 and is uptrending. It has outperformed by 12.98% the S&P500. Some Historical WCG News: 05/03/2018 WellCare Commits to Tampa Headquarters through 2030; 29/05/2018 – WELLCARE HEALTH PLANS INC – DEAL IS NOT CONTINGENT UPON FINANCING, AND WELLCARE HAS SECURED $2.5 BLN IN COMMITTED BRIDGE FINANCING; 01/05/2018 – WellCare Health Plans 1Q Medicaid Medical Benefits Ratios 86.3%; 29/05/2018 – Modern Healthcare: #BREAKING: WellCare to buy Meridian for $2.5 billion, boosting its Medicaid membership; 21/05/2018 – Tampa Bay Bus: Tampa law firm expands health care practice with a managed care legal expert from WellCare; 01/05/2018 – WellCare Health Plans 1Q Net Cash Generated by Operating Activities $445.7M; 24/05/2018 – WellCare Elects Amy Compton-Phillips and Kathleen E. Walsh to Board of Directors; 07/05/2018 – Staywell Health Plan Selected to Provide Medicaid Services in Florida; 13/03/2018 – CARE1ST HEALTH PLAN ARIZONA INC SAYS SERVICES UNDER NEW CONTRACT WITH AHCCCS ARE EXPECTED TO BEGIN ON OCTOBER 1; 01/05/2018 – WellCare: Selected to Continue Serving Medicaid Members in Florida

Parametric Portfolio Associates Llc, which manages about $114.37 billion US Long portfolio, decreased its stake in Commvault Systems Inc (NASDAQ:CVLT) by 4,788 shares to 75,349 shares, valued at $5.27M in 2018Q3, according to the filing. It also reduced its holding in Atlas Copco Ab Sp Adr A New (ATLKY) by 92,851 shares in the quarter, leaving it with 739,584 shares, and cut its stake in Kearny Financial Corp.

More notable recent G-III Apparel Group, Ltd. (NASDAQ:GIII) news were published by: Seekingalpha.com which released: “Here Is Why You Should Care About G-III Apparel Group Ltd. – Seeking Alpha” on December 15, 2016, also Benzinga.com with their article: “10 Stocks To Watch For December 6, 2018 – Benzinga” published on December 06, 2018, Nasdaq.com published: “V.F. Corp Opens New Distribution Center: Will it Aid Sales? – Nasdaq” on January 19, 2018. More interesting news about G-III Apparel Group, Ltd. (NASDAQ:GIII) were released by: Nasdaq.com and their article: “4 Hot Stocks From the Sizzling Luxury Apparel Industry – Nasdaq” published on September 17, 2018 as well as Bizjournals.com‘s news article titled: “New York City stocks that are driving Wall Street’s latest bull run – New York Business Journal” with publication date: August 23, 2018.

Investors sentiment decreased to 1.26 in Q3 2018. Its down 0.92, from 2.18 in 2018Q2. It turned negative, as 23 investors sold GIII shares while 63 reduced holdings. 40 funds opened positions while 68 raised stakes. 48.86 million shares or 3.67% more from 47.13 million shares in 2018Q2 were reported. Public Sector Pension Board owns 75,365 shares. 16,477 are owned by Cipher Ltd Partnership. Alliancebernstein Limited Partnership invested in 138,698 shares. California Public Employees Retirement System has 0% invested in G-III Apparel Group, Ltd. (NASDAQ:GIII) for 65,911 shares. 1.30 million were reported by National Bank & Trust Of Ny Mellon. Gp One Trading Ltd Partnership reported 0% in G-III Apparel Group, Ltd. (NASDAQ:GIII). Thrivent Fincl For Lutherans accumulated 0.06% or 412,070 shares. Tower Research Cap (Trc), a New York-based fund reported 1,332 shares. Jpmorgan Chase has invested 0% in G-III Apparel Group, Ltd. (NASDAQ:GIII). Wellington Management Group Llp reported 27,381 shares. Robeco Institutional Asset Management Bv accumulated 0.04% or 174,103 shares. United Ser Automobile Association holds 0.01% or 58,674 shares in its portfolio. Ny State Common Retirement Fund has 511,337 shares. Credit Suisse Ag stated it has 55,017 shares. Verition Fund Mgmt Lc stated it has 7,463 shares or 0.01% of all its holdings.

Since October 5, 2018, it had 0 buys, and 1 insider sale for $779,670 activity.

Among 17 analysts covering G-III Apparel Group (NASDAQ:GIII), 14 have Buy rating, 0 Sell and 3 Hold. Therefore 82% are positive. G-III Apparel Group had 75 analyst reports since August 4, 2015 according to SRatingsIntel. The firm has “Outperform” rating given on Thursday, September 29 by CLSA. The stock of G-III Apparel Group, Ltd. (NASDAQ:GIII) earned “Hold” rating by Brean Capital on Tuesday, August 4. On Friday, May 4 the stock rating was initiated by C.L. King with “Buy”. The firm earned “Buy” rating on Thursday, September 3 by Piper Jaffray. PiperJaffray upgraded the stock to “Overweight” rating in Wednesday, August 23 report. The firm has “Equal-Weight” rating given on Friday, September 7 by Barclays Capital. The stock of G-III Apparel Group, Ltd. (NASDAQ:GIII) earned “Hold” rating by Stifel Nicolaus on Tuesday, November 8. On Friday, January 6 the stock rating was maintained by Stifel Nicolaus with “Hold”. B. Riley & Co maintained the stock with “Neutral” rating in Friday, December 22 report. The rating was maintained by Wunderlich with “Buy” on Wednesday, September 2.

More notable recent WellCare Health Plans, Inc. (NYSE:WCG) news were published by: Seekingalpha.com which released: “WellCare Health Plans (WCG) Announces To Acquire Meridian Health For $2.5B – Slideshow – Seeking Alpha” on May 30, 2018, also Fool.com with their article: “Is This Health Insurer a Smart Stock to Buy? – The Motley Fool” published on November 29, 2018, Gurufocus.com published: “Goldman Sachs Takes Action on Pharma Stocks – GuruFocus.com” on December 14, 2018. More interesting news about WellCare Health Plans, Inc. (NYSE:WCG) were released by: Bizjournals.com and their article: “Kentucky might nix two huge Medicaid contracts — why and what that means – Louisville Business First” published on January 10, 2019 as well as Bizjournals.com‘s news article titled: “WellCare plans stock, debt offering to pay for $2.5 billion Meridian purchase – Tampa Bay Business Journal” with publication date: August 06, 2018.

Since November 7, 2018, it had 1 insider purchase, and 5 selling transactions for $2.13 million activity. Hakim Anat sold $422,028 worth of stock or 1,647 shares. Michael Yount had sold 500 shares worth $131,690. Dallas H James bought $300,184 worth of WellCare Health Plans, Inc. (NYSE:WCG) on Tuesday, December 4. $599,900 worth of WellCare Health Plans, Inc. (NYSE:WCG) was sold by Breon Richard C. on Tuesday, November 27.

Among 23 analysts covering Wellcare Health Plans Inc. (NYSE:WCG), 18 have Buy rating, 0 Sell and 5 Hold. Therefore 78% are positive. Wellcare Health Plans Inc. had 73 analyst reports since July 23, 2015 according to SRatingsIntel. As per Monday, February 22, the company rating was upgraded by JP Morgan. The stock of WellCare Health Plans, Inc. (NYSE:WCG) has “Buy” rating given on Monday, June 11 by SunTrust. Cantor Fitzgerald maintained the stock with “Buy” rating in Tuesday, February 6 report. The firm has “Buy” rating by Cowen & Co given on Monday, October 9. The firm earned “Buy” rating on Tuesday, July 24 by Bank of America. The company was maintained on Thursday, July 13 by Deutsche Bank. The company was maintained on Tuesday, October 31 by Cantor Fitzgerald. As per Thursday, November 10, the company rating was downgraded by JP Morgan. The company was maintained on Wednesday, January 3 by Jefferies. The firm earned “Neutral” rating on Friday, November 17 by Bank of America.

Analysts await WellCare Health Plans, Inc. (NYSE:WCG) to report earnings on February, 5. They expect $1.58 EPS, up 393.75% or $1.26 from last year’s $0.32 per share. WCG’s profit will be $78.99 million for 38.46 P/E if the $1.58 EPS becomes a reality. After $3.33 actual EPS reported by WellCare Health Plans, Inc. for the previous quarter, Wall Street now forecasts -52.55% negative EPS growth.

Mason Street Advisors Llc, which manages about $4.74 billion US Long portfolio, upped its stake in Valley Natl Bancorp (NYSE:VLY) by 34,326 shares to 170,245 shares, valued at $1.92M in 2018Q3, according to the filing. It also increased its holding in Epr Pptys (NYSE:EPR) by 5,023 shares in the quarter, for a total of 38,186 shares, and has risen its stake in Salesforce Com Inc (NYSE:CRM).

WellCare Health Plans, Inc. (NYSE:WCG) Institutional Positions Chart