“Big money” Positions
“Big money sentiment for Magellan Health Services Inc (NASDAQ:MGLN) in 2018 Q2 decreased to 0.92, according to SEC filings. That’s down -0.11, from 2018Q1’s 1.03. 97 hedge funds started new or increased equity positions, while 106 reduced and sold holdings in Magellan Health Services Inc so the sentiment is negative. These funds own 23.43 million shares, that’s up from 23.17 million shares in 2018Q1. Funds holding Magellan Health Services Inc in top 10 was flat from 2 to 2 for the same number . In total 33 funds closed positions, 73 reduced and 70 increased. Also 27 funds bought new Magellan Health Services Inc stakes.
Largest Magellan Health Services Inc Investors
As of 2018 Q2 Altalis Capital Management Llc has 3.95% invested in Magellan Health Services Inc. Magellan Health Services Inc’s shareholder Hillcrest Asset Management Llc owns 98,361 shares as of 2018 Q2. Dean Capital Management reported 23,830 shares. The Texas-based fund Smith Graham & Co. Investment Advisors Lp have invested about 1.22% of the institutional investor’s stock portfolio in Magellan Health Services Inc. The Oregon-based fund Hood River Capital Management Llc looks positive on Magellan Health Services Inc, possessing 207,346 shares.
Magellan Health, Inc. engages in the healthcare management business in the United States.The firm is worth $1.56 billion. The companyÂ’s Healthcare segment engages in the management of behavioral healthcare services and employee assistance program services; management of other specialty areas, including diagnostic imaging and musculoskeletal management; and the integrated management of physical, behavioral, and pharmaceutical healthcare for special populations comprising individuals with serious mental illness, dual eligibles, long-term services and supports, and other populations with unique and often complex healthcare needs.The P/E ratio is 14.31. This segment provides its healthcare services through its comprehensive network of medical and behavioral health professionals, clinics, hospitals, and ancillary service providers.
The stock decreased 0.87% or $0.56 during the last trading session, reaching $63.59.Magellan Health, Inc. is downtrending after having declined 10.31% since November 10, 2017. MGLN has 458,310 volume or 77.81% up from normal. MGLN underperformed by 25.93% the S&P 500.
New York-based Stone Ridge Asset Mgmt Lc has invested 0.04% in Magellan Health, Inc. (NASDAQ:MGLN). Numerixs Invest Tech owns 0.04% invested in Magellan Health, Inc. (NASDAQ:MGLN) for 1,600 shs. Metropolitan Life Insurance Communication Ny accumulated 7,946 shs. Point72 Asset Mngmt L P stated it has 88,187 shs or 0.03% of all its holdings. First Quadrant Ltd Partnership Ca has invested 0.04% in Magellan Health, Inc. (NASDAQ:MGLN). 1,000 were reported by Security Natl. Prelude Cap Mgmt Limited Com stated it has 127 shs. Profund Advsrs Ltd accumulated 4,777 shs. Parkside Financial Bank And Tru holds 0% or 14 shs. Smith Asset Mgmt L P reported 0.02% of its capital in Magellan Health, Inc. (NASDAQ:MGLN). Ubs Asset Americas has invested 0% in Magellan Health, Inc. (NASDAQ:MGLN). Smith Graham L P reported 134,460 shs. 668,826 are held by Fisher Asset Management Ltd Limited Liability Company. The California-based Globeflex Capital Limited Partnership has invested 0.42% in Magellan Health, Inc. (NASDAQ:MGLN). Blackrock Inc has 3.47 million shs for 0.02% of their capital.
Magellan Health, Inc. registered $2.52 million net activity with 0 insider buys and 2 selling transactions since June 1, 2018.
More recent Magellan Health, Inc. (NASDAQ:MGLN) news were announced by Seekingalpha.com, Benzinga.com and Globenewswire.com. The first one has “Magellan Rx launches new predictive analytic capabilities with MRx Predict” as a title and was announced on October 17, 2018. The next is “Earnings Scheduled For November 7, 2018” on November 07, 2018. And last was announced on October 29, 2018, called “Market Trends Toward New Normal in Crown, Athersys, CSX, Magellan Health, Spectrum Brands, and MGIC …”.
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