Centene (CNC) Forms $108.12 Double Top; Osterweis Capital Management Has Boosted By $416,585 Its Antero Midstream Partners LP (AM) Position

Centene Corporation (NYSE:CNC) Logo

Osterweis Capital Management Inc increased Antero Midstream Partners Lp (AM) stake by 3.38% reported in 2017Q4 SEC filing. Osterweis Capital Management Inc acquired 14,365 shares as Antero Midstream Partners Lp (AM)’s stock declined 14.36%. The Osterweis Capital Management Inc holds 439,455 shares with $12.76M value, up from 425,090 last quarter. Antero Midstream Partners Lp now has $4.91 billion valuation. The stock decreased 0.46% or $0.1204 during the last trading session, reaching $26.2796. About 42,879 shares traded. Antero Midstream Partners LP (NYSE:AM) has declined 24.27% since April 24, 2017 and is downtrending. It has underperformed by 35.82% the S&P500.

Centene Corporation (CNC) formed double top with $111.36 target or 3.00% above today’s $108.12 share price. Centene Corporation (CNC) has $19.11 billion valuation. The stock decreased 2.22% or $2.455 during the last trading session, reaching $108.115. About 425,864 shares traded. Centene Corporation (NYSE:CNC) has risen 44.01% since April 24, 2017 and is uptrending. It has outperformed by 32.46% the S&P500.

Osterweis Capital Management Inc decreased Navistar Intl Corp New (Prn) stake by 8.00 million shares to 34.36M valued at $35.46 million in 2017Q4. It also reduced Tactile Sys Technology Inc stake by 53,455 shares and now owns 52,260 shares. Align Technology Inc (NASDAQ:ALGN) was reduced too.

Investors sentiment decreased to 1.07 in 2017 Q4. Its down 0.98, from 2.05 in 2017Q3. It worsened, as 15 investors sold AM shares while 39 reduced holdings. 17 funds opened positions while 41 raised stakes. 89.68 million shares or 0.88% less from 90.48 million shares in 2017Q3 were reported. Oppenheimer Asset Management Inc has 19,801 shares for 0.02% of their portfolio. Bb&T Secs Ltd Limited Liability Company owns 49,686 shares. 9,351 are owned by State Street. Virtu Limited Liability invested in 0.04% or 28,783 shares. Jennison Ltd Com holds 0.01% or 438,393 shares. 1.23M were accumulated by Bank Of Montreal Can. Yorkville Capital Mgmt Llc holds 49,095 shares or 1.72% of its portfolio. Glob X Ltd Com invested 0.58% in Antero Midstream Partners LP (NYSE:AM). Botty Lc stated it has 1,730 shares or 0.02% of all its holdings. Raymond James Advsr has invested 0.01% in Antero Midstream Partners LP (NYSE:AM). Jpmorgan Chase stated it has 1.90 million shares. Manufacturers Life Insur The reported 5,539 shares. Goldman Sachs Gru holds 0.07% of its portfolio in Antero Midstream Partners LP (NYSE:AM) for 9.99M shares. Fifth Third Savings Bank reported 1,322 shares or 0% of all its holdings. Ftb owns 1,146 shares.

Among 19 analysts covering Antero Midstream Partners LP (NYSE:AM), 16 have Buy rating, 0 Sell and 3 Hold. Therefore 84% are positive. Antero Midstream Partners LP had 52 analyst reports since July 23, 2015 according to SRatingsIntel. The rating was downgraded by Stifel Nicolaus to “Hold” on Friday, October 28. On Monday, May 29 the stock rating was initiated by Goldman Sachs with “Buy”. Robert W. Baird maintained the stock with “Buy” rating in Friday, September 8 report. As per Thursday, July 23, the company rating was initiated by DA Davidson. The rating was initiated by Stifel Nicolaus on Tuesday, May 30 with “Hold”. The stock of Antero Midstream Partners LP (NYSE:AM) earned “Buy” rating by Stifel Nicolaus on Wednesday, September 7. On Wednesday, November 15 the stock rating was maintained by Robert W. Baird with “Buy”. The firm earned “Buy” rating on Wednesday, May 31 by Janney Capital. The firm has “Overweight” rating given on Friday, March 31 by Capital One. The stock has “Buy” rating by Stifel Nicolaus on Wednesday, January 17.

Among 20 analysts covering Centene Corporation (NYSE:CNC), 16 have Buy rating, 1 Sell and 3 Hold. Therefore 80% are positive. Centene Corporation has $135 highest and $67 lowest target. $103.59’s average target is -4.19% below currents $108.115 stock price. Centene Corporation had 61 analyst reports since July 22, 2015 according to SRatingsIntel. Goldman Sachs downgraded Centene Corporation (NYSE:CNC) on Wednesday, July 22 to “Sell” rating. The firm has “Neutral” rating by Credit Suisse given on Wednesday, February 7. As per Friday, September 23, the company rating was initiated by Evercore. The stock has “Equal-Weight” rating by Barclays Capital on Wednesday, January 6. Oppenheimer maintained Centene Corporation (NYSE:CNC) rating on Tuesday, June 13. Oppenheimer has “Buy” rating and $8900 target. The company was maintained on Friday, January 12 by Jefferies. The stock has “Buy” rating by Cantor Fitzgerald on Friday, June 16. The firm earned “Neutral” rating on Monday, May 22 by JP Morgan. The company was downgraded on Thursday, March 23 by Citigroup. The stock has “Buy” rating by Cantor Fitzgerald on Tuesday, September 12.

Centene Corporation (NYSE:CNC) Institutional Positions Chart