Health Care Plans Stocks Under Scanner -- Aetna, Anthem, Centene, and Cigna
NEW YORK, October 25, 2016 /PRNewswire/ --
Companies in the Health Care Plan industry offer health plans to employers and individuals who require long-term care or specialty benefits, point-of-service plans, traditional indemnity plans, and other hybrid plans. These firms are mostly structured as corporations, and offer below-average dividend yields. Pre-market, Stock-Callers.com assesses the performances of Aetna Inc. (NYSE: AET), Anthem Inc. (NYSE: ANTM), Centene Corp. (NYSE: CNC), and Cigna Corp. (NYSE: CI). You can access of our complimentary research reports on these stocks now at:
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Aetna
At the close on Monday, shares in Hartford, Connecticut-based Aetna Inc. rose 0.69%, ending the day at $112.02. The stock recorded a trading volume of 2.19 million shares, which was above its three months average volume of 1.95 million shares. The Company's shares have advanced 4.55% on an YTD basis. The stock is trading below its 200-day moving average by 0.54%. Moreover, shares of Aetna, which operates as a health care benefits company in the US, have a Relative Strength Index (RSI) of 45.46.
On October 13th, 2016, Aetna announced that Q3 2016 results will be made public on October 27th, 2016 at 6 a.m. ET. The company will also host a conference call, which will begin at 8:30 a.m. ET on that day. Visit us today and download your complete report on AET for free at:
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Anthem
Shares in Indianapolis, Indiana headquartered Anthem Inc. ended the day 0.80% higher at $124.49 and with a total trading volume of 851,744 shares. The stock is trading below its 50-day moving average by 0.51%. Shares of the Company, which through its subsidiaries, operates as a health benefits company in the US, have an RSI of 52.29.
On October 13th, 2016, Anthem announced that it has earned high Medicare Star Quality Ratings from the Centers for Medicare & Medicaid Services (CMS) for its Medicare Advantage plans for 2017. In the most recent ratings released by CMS, nearly 51% of Anthem Medicare Advantage members will be enrolled in plans that achieved four stars or higher (with five stars being the highest ranking) as compared with approximately 22% of members enrolled in plans that achieved four stars or higher in 2016.
On October 17th, 2016, research firm JP Morgan downgraded the Company's stock rating from 'Overweight' to 'Neutral'. The complimentary research report on ANTM can be accessed at:
http://stock-callers.com/registration/?symbol=ANTM
Centene
On Monday, shares in St. Louis, Missouri headquartered Centene Corp. finished 1.53% higher at $63.05 with a total trading volume of 1.37 million shares. The stock is trading below its 200-day moving average by 1.25%. Shares of the Company, which operates as a diversified and multi-national healthcare enterprise that provides programs and services to under-insured and uninsured individuals in the US, have an RSI of 47.36.
On October 18th, 2016, Centene announced that the State of Missouri has selected its Missouri subsidiary, Home State Health, to provide managed care services to MO HealthNet Managed Care beneficiaries. Home State will serve MO HealthNet Managed Care beneficiaries in all 114 Missouri counties and the City of St. Louis. The contract is expected to commence May 1st, 2017. Home State Health has operated as a MO HealthNet Managed Care health plan since July 2012. Since inception, Home State's membership has increased 100%, 102,900 members at June 30th, 2016, and its network of providers has grown to over 20,000 primary care physicians and specialists. Register for free on Stock-Callers.com and download the PDF research report on CNC at:
http://stock-callers.com/registration/?symbol=CNC
Cigna
Bloomfield, Connecticut headquartered Cigna Corp.'s stock recorded a trading volume of 796,185 shares at the end of yesterday's session and closed the day at $124.06, dropping 0.10%. Shares of the Company, which provides insurance and related products and services in the US and internationally, are trading below their 50-day moving average by 3.48%. The stock has an RSI at 43.29.
On October 20th, 2016, Working together with UNC Health Care and UNC Health Alliance, a Clinically Integrated Network, Cigna announced that it is introducing new individual and family medical plans in the Raleigh area, both on and off the federal public marketplace for plans that take effect starting January 1st, 2017. Cigna's individual offerings will feature a range of plan designs and price points and will be available in Chatham, Johnston, Nash, Orange, and Wake counties during the 2016 fall enrollment period that starts November 1st, 2016 for plans that take effect on or after January 1st, 2017. Customers who enroll in the individual plans will have access to care provided by one of the region's leading health care organizations. UNC Health Alliance's network includes UNC Hospitals, Rex Hospital, Johnston Memorial Hospital, Nash General Hospital, and Chatham Hospital and employed and independent primary care doctors and specialists throughout the service area. Get free access to your research report on CI at:
http://stock-callers.com/registration/?symbol=CI
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