Cerity Partners LLC bought a new stake in CorVel Co. (NASDAQ:CRVL - Free Report) during the third quarter, according to its most recent disclosure with the SEC. The firm bought 2,366 shares of the business services provider's stock, valued at approximately $773,000.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Blue Trust Inc. lifted its holdings in shares of CorVel by 435.3% in the 3rd quarter. Blue Trust Inc. now owns 91 shares of the business services provider's stock valued at $30,000 after purchasing an additional 74 shares during the last quarter. GAMMA Investing LLC lifted its position in CorVel by 98.0% in the second quarter. GAMMA Investing LLC now owns 97 shares of the business services provider's stock valued at $25,000 after purchasing an additional 48 shares during the period. Advisors Asset Management Inc. boosted its stake in shares of CorVel by 121.7% in the third quarter. Advisors Asset Management Inc. now owns 204 shares of the business services provider's stock valued at $67,000 after buying an additional 112 shares in the last quarter. Whittier Trust Co. of Nevada Inc. acquired a new stake in CorVel in the third quarter valued at $102,000. Finally, Benjamin F. Edwards & Company Inc. boosted its position in shares of CorVel by 130.9% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 411 shares of the business services provider's stock worth $105,000 after purchasing an additional 233 shares in the last quarter. 51.36% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
Separately, StockNews.com cut shares of CorVel from a "buy" rating to a "hold" rating in a research note on Saturday, August 31st.
View Our Latest Stock Report on CRVL
CorVel Trading Up 0.2 %
Shares of NASDAQ:CRVL traded up $0.72 during trading on Friday, hitting $352.58. 28,267 shares of the stock were exchanged, compared to its average volume of 36,692. CorVel Co. has a 12-month low of $218.29 and a 12-month high of $381.73. The company has a market cap of $6.04 billion, a PE ratio of 74.47 and a beta of 1.14. The company has a fifty day moving average price of $332.09 and a two-hundred day moving average price of $300.36.
CorVel Company Profile
(
Free Report)
CorVel Corporation provides workers' compensation, auto, liability, and health solutions. It applies technology, including artificial intelligence, machine learning, and natural language processing to enhance the managing of episodes of care and the related health care costs. The company also offers network solutions services, including automated medical fee auditing, preferred provider management and reimbursement, retrospective utilization review, facility claim review, professional review, pharmacy, directed care, clearinghouse, independent medical examination, and inpatient medical bill review services, as well as Medicare solutions.
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