Tejon Ranch Co. (TRC) Is At $24.20 Formed Wedge; Aqr Capital Management Has Lowered Wellcare Health Plans (WCG) Stake

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

Aqr Capital Management Llc decreased Wellcare Health Plans Inc (WCG) stake by 28.11% reported in 2017Q4 SEC filing. Aqr Capital Management Llc sold 526,000 shares as Wellcare Health Plans Inc (WCG)’s stock declined 4.59%. The Aqr Capital Management Llc holds 1.35 million shares with $270.50M value, down from 1.87 million last quarter. Wellcare Health Plans Inc now has $8.86 billion valuation. The stock increased 2.25% or $4.35 during the last trading session, reaching $198.11. About 284,510 shares traded. WellCare Health Plans, Inc. (NYSE:WCG) has risen 36.99% since April 17, 2017 and is uptrending. It has outperformed by 25.44% the S&P500.

Tejon Ranch Co. (TRC) formed wedge up with $25.89 target or 7.00% above today’s $24.20 share price. Tejon Ranch Co. (TRC) has $626.97 million valuation. The stock decreased 0.25% or $0.06 during the last trading session, reaching $24.2. About 38,653 shares traded. Tejon Ranch Co. (NYSE:TRC) has risen 10.89% since April 17, 2017 and is uptrending. It has underperformed by 0.66% the S&P500.

Investors sentiment increased to 3.25 in 2017 Q4. Its up 1.30, from 1.95 in 2017Q3. It increased, as 8 investors sold Tejon Ranch Co. shares while 12 reduced holdings. 13 funds opened positions while 52 raised stakes. 38.57 million shares or 147.29% more from 15.60 million shares in 2017Q3 were reported. 170,821 were accumulated by Gabelli Funds Ltd Liability Corporation. Moreover, First Manhattan Com has 0% invested in Tejon Ranch Co. (NYSE:TRC). Citigroup Incorporated owns 0% invested in Tejon Ranch Co. (NYSE:TRC) for 6,260 shares. Vanguard Group has 0% invested in Tejon Ranch Co. (NYSE:TRC) for 1.52M shares. 240,171 were reported by Jupiter Asset Mgmt Limited. Savings Bank Of America De accumulated 70,456 shares. Deutsche National Bank & Trust Ag stated it has 131,977 shares. Moreover, Stelac Advisory Svcs Ltd has 0.05% invested in Tejon Ranch Co. (NYSE:TRC). Moreover, Fiduciary Trust has 0.02% invested in Tejon Ranch Co. (NYSE:TRC) for 29,390 shares. Pnc Financial Svcs Grp has 0% invested in Tejon Ranch Co. (NYSE:TRC) for 1,164 shares. Cibc Ww Markets Inc reported 0% in Tejon Ranch Co. (NYSE:TRC). Paloma Ptnrs Mgmt Commerce has invested 0.02% in Tejon Ranch Co. (NYSE:TRC). Schwab Charles Invest Mgmt holds 69,768 shares or 0% of its portfolio. 409,354 were accumulated by Levin Strategies L P. Whittier Trust Company stated it has 21 shares or 0% of all its holdings.

Among 19 analysts covering Wellcare Health Plans Inc. (NYSE:WCG), 13 have Buy rating, 0 Sell and 6 Hold. Therefore 68% are positive. Wellcare Health Plans Inc. had 50 analyst reports since July 23, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Tuesday, January 23 by Cowen & Co. The stock of WellCare Health Plans, Inc. (NYSE:WCG) has “Outperform” rating given on Wednesday, March 21 by Wells Fargo. On Wednesday, November 1 the stock rating was maintained by Wells Fargo with “Hold”. The rating was maintained by Jefferies on Friday, October 13 with “Hold”. The stock of WellCare Health Plans, Inc. (NYSE:WCG) earned “Buy” rating by TheStreet on Thursday, July 23. Piper Jaffray maintained it with “Buy” rating and $18700 target in Friday, August 4 report. Cantor Fitzgerald maintained the stock with “Buy” rating in Monday, December 18 report. The firm earned “Buy” rating on Thursday, September 21 by MUFG Securities Americas Inc. The rating was upgraded by Credit Suisse on Friday, November 11 to “Neutral”. The firm earned “Buy” rating on Tuesday, February 6 by Cantor Fitzgerald.

Investors sentiment decreased to 1.13 in Q4 2017. Its down 0.02, from 1.15 in 2017Q3. It dived, as 16 investors sold WCG shares while 116 reduced holdings. 60 funds opened positions while 89 raised stakes. 42.30 million shares or 2.83% less from 43.53 million shares in 2017Q3 were reported. Asset One reported 31,900 shares. Us Bancshares De reported 0% of its portfolio in WellCare Health Plans, Inc. (NYSE:WCG). Sg Americas Limited Liability reported 8,872 shares. D E Shaw Company Incorporated holds 0% of its portfolio in WellCare Health Plans, Inc. (NYSE:WCG) for 15,701 shares. 2,404 were accumulated by Ascend Cap Ltd Liability Corp. Moreover, Ellington Grp Ltd Limited Liability Company has 0.05% invested in WellCare Health Plans, Inc. (NYSE:WCG) for 1,500 shares. Fund Sa reported 121,924 shares. Blackrock accumulated 4.27 million shares. Clark Capital Mngmt Grp Inc Inc stated it has 0.03% of its portfolio in WellCare Health Plans, Inc. (NYSE:WCG). Moreover, Commonwealth Of Pennsylvania Pub School Empls Retrmt Systems has 0.02% invested in WellCare Health Plans, Inc. (NYSE:WCG) for 6,503 shares. Quantbot Ltd Partnership holds 0.08% or 4,148 shares in its portfolio. Bnp Paribas Asset Management reported 58,880 shares. Convergence Inv Ptnrs Ltd has invested 0.46% in WellCare Health Plans, Inc. (NYSE:WCG). Cambridge Investment Advsr accumulated 1,928 shares. James Inv Incorporated accumulated 9,779 shares or 0.07% of the stock.

Aqr Capital Management Llc increased Acorda Therapeutics Inc (NASDAQ:ACOR) stake by 157,907 shares to 390,717 valued at $8.38 million in 2017Q4. It also upped Paccar Inc (NASDAQ:PCAR) stake by 42,946 shares and now owns 114,950 shares. F5 Networks Inc (NASDAQ:FFIV) was raised too.

Analysts await WellCare Health Plans, Inc. (NYSE:WCG) to report earnings on May, 1 before the open. They expect $1.98 earnings per share, up 22.98% or $0.37 from last year’s $1.61 per share. WCG’s profit will be $88.57 million for 25.01 P/E if the $1.98 EPS becomes a reality. After $0.32 actual earnings per share reported by WellCare Health Plans, Inc. for the previous quarter, Wall Street now forecasts 518.75% EPS growth.

Tejon Ranch Co. (NYSE:TRC) Institutional Positions Chart