Osborne Partners Capital Management Boosted Bunge Limited (BG) Stake; Ellington Management Group Boosted By $904,200 Its Wellcare Health Plans (WCG) Position

September 13, 2017 - By Marguerite Chambers

Ellington Management Group Llc increased Wellcare Health Plans Inc (WCG) stake by 227.59% reported in 2016Q4 SEC filing. Ellington Management Group Llc acquired 6,600 shares as Wellcare Health Plans Inc (WCG)’s stock rose 24.26%. The Ellington Management Group Llc holds 9,500 shares with $1.30M value, up from 2,900 last quarter. Wellcare Health Plans Inc now has $7.81 billion valuation. The stock decreased 0.43% or $0.76 during the last trading session, reaching $175.39. About shares traded. WellCare Health Plans, Inc. (NYSE:WCG) has risen 80.71% since September 13, 2016 and is uptrending. It has outperformed by 64.01% the S&P500.

Osborne Partners Capital Management Llc increased Bunge Limited (BG) stake by 65.21% reported in 2016Q4 SEC filing. Osborne Partners Capital Management Llc acquired 23,452 shares as Bunge Limited (BG)’s stock declined 10.41%. The Osborne Partners Capital Management Llc holds 59,417 shares with $4.29M value, up from 35,965 last quarter. Bunge Limited now has $10.04B valuation. The stock decreased 5.69% or $4.31 during the last trading session, reaching $71.44. About shares traded. Bunge Ltd (NYSE:BG) has risen 14.04% since September 13, 2016 and is uptrending. It has underperformed by 2.66% the S&P500.

Investors sentiment decreased to 0.9 in Q4 2016. Its down 0.44, from 1.34 in 2016Q3. It dropped, as 35 investors sold WCG shares while 97 reduced holdings. 58 funds opened positions while 101 raised stakes. 43.53 million shares or 0.90% less from 43.93 million shares in 2016Q3 were reported. First Mercantile Trust has 7,554 shares. Wedge Capital Mgmt L Limited Partnership Nc owns 7,136 shares or 0.01% of their US portfolio. Capital Fund holds 0.01% or 10,265 shares. 9,255 are held by Bokf Na. Clarivest Asset Management Ltd Limited Liability Company reported 31,099 shares. Ameriprise Financial invested in 513,073 shares or 0.04% of the stock. Macquarie Grp Inc Inc Ltd owns 40,127 shares. Pacad Limited has 0.03% invested in WellCare Health Plans, Inc. (NYSE:WCG) for 1,678 shares. Hood River Cap Mgmt has 87,574 shares. Geode Management Limited Liability Co has 0.03% invested in WellCare Health Plans, Inc. (NYSE:WCG). Sawgrass Asset Management Llc invested in 9,765 shares. Creative Planning has 837 shares. Riverhead Ltd Liability invested in 22,460 shares or 0.19% of the stock. Lazard Asset Management Limited, a New York-based fund reported 98,381 shares. 126 are held by Gemmer Asset Mgmt Ltd Llc.

Among 14 analysts covering Wellcare Health Plans Inc. (NYSE:WCG), 6 have Buy rating, 0 Sell and 8 Hold. Therefore 43% are positive. Wellcare Health Plans Inc. had 27 analyst reports since July 23, 2015 according to SRatingsIntel. The rating was downgraded by Stifel Nicolaus to “Hold” on Wednesday, January 4. Deutsche Bank maintained the stock with “Buy” rating in Thursday, July 13 report. The stock has “Hold” rating by Jefferies on Wednesday, June 7. The firm earned “Buy” rating on Thursday, June 22 by Leerink Swann. The rating was upgraded by Credit Suisse on Friday, November 11 to “Neutral”. The firm earned “Hold” rating on Thursday, July 13 by Credit Suisse. The stock has “Overweight” rating by JP Morgan on Monday, February 22. The stock of WellCare Health Plans, Inc. (NYSE:WCG) has “Neutral” rating given on Thursday, November 10 by JP Morgan. The company was upgraded on Monday, February 22 by Bank of America. The company was maintained on Friday, August 18 by Jefferies.

Ellington Management Group Llc decreased Validus Holdings Ltd (NYSE:VR) stake by 10,800 shares to 8,500 valued at $468,000 in 2016Q4. It also reduced Baozun Inc stake by 32,500 shares and now owns 11,000 shares. Enel Americas S A (NYSE:ENI) was reduced too.

Since March 15, 2017, it had 0 insider buys, and 7 sales for $3.61 million activity. Another trade for 7,314 shares valued at $1.28 million was sold by Asher Andrew Lynn. 800 shares were sold by Ghanayem Darren, worth $136,240. 600 WellCare Health Plans, Inc. (NYSE:WCG) shares with value of $103,116 were sold by Meyer Michael Troy. Shares for $416,425 were sold by Michael Yount on Thursday, May 4. The insider HICKEY KEVIN F sold $386,240. Burt Carol sold $307,012 worth of stock or 1,805 shares. The insider Polen Michael Robert sold $1.02M.

Among 9 analysts covering Bunge Limited (NYSE:BG), 4 have Buy rating, 0 Sell and 5 Hold. Therefore 44% are positive. Bunge Limited had 24 analyst reports since July 31, 2015 according to SRatingsIntel. JP Morgan upgraded the stock to “Overweight” rating in Friday, February 12 report. Citigroup maintained it with “Buy” rating and $88 target in Wednesday, July 12 report. Credit Suisse maintained the shares of BG in report on Friday, May 5 with “Buy” rating. The stock of Bunge Ltd (NYSE:BG) earned “Hold” rating by TheStreet on Monday, August 3. The rating was maintained by Credit Suisse with “Hold” on Friday, May 26. The firm earned “Buy” rating on Monday, September 4 by Piper Jaffray. As per Wednesday, August 23, the company rating was maintained by BMO Capital Markets. The firm has “Buy” rating by Citigroup given on Friday, April 29. The rating was maintained by Piper Jaffray with “Buy” on Thursday, July 20. The stock has “Buy” rating by Bank of America on Tuesday, August 2.

Since March 24, 2017, it had 0 buys, and 2 insider sales for $1.05 million activity. Kabbes David had sold 593 shares worth $47,409 on Tuesday, March 28. Shares for $1.00M were sold by Schroder Soren.