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EPS for The Bank of New York Mellon (BK) Expected At $1.04; 15 Analysts Are Bullish WellCare Health Plans, Inc. (WCG) Last Week

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Analysts expect The Bank of New York Mellon Corporation (NYSE:BK) to report $1.04 EPS on July, 19.They anticipate $0.12 EPS change or 13.04% from last quarter’s $0.92 EPS. BK’s profit would be $1.05B giving it 13.76 P/E if the $1.04 EPS is correct. After having $1.10 EPS previously, The Bank of New York Mellon Corporation’s analysts see -5.45% EPS growth. The stock increased 0.54% or $0.31 during the last trading session, reaching $57.24. About 4.20 million shares traded. The Bank of New York Mellon Corporation (NYSE:BK) has risen 20.30% since June 19, 2017 and is uptrending. It has outperformed by 7.73% the S&P500. Some Historical BK News: ; 18/04/2018 – A.M. Best Affirms Credit Ratings of BNY Trade Insurance, Ltd. and The Hamilton Insurance Corp; 28/03/2018 – BNY MELLON NAMES NANCY REYDA AS COO, TECHNOLOGY; 27/03/2018 – 30FR: Bank of New York Mellon: FRN Variable Rate Fix; 24/05/2018 – FACTBOX-Winners and losers from U.S. banking rule rewrite; 24/04/2018 – BNY MELLON’S REINHART CONCLUDES BLOOMBERG RADIO INTERVIEW; 15/05/2018 – 75BS: Bank of New York Mellon: FRN Variable Rate Fix; 12/03/2018 – 38LA: Bank of New York Mellon: FRN Variable Rate Fix; 09/05/2018 – 67ZD: Bank of New York Mellon: FRN Variable Rate Fix; 05/03/2018 – MOVES-BNY Mellon asset management arm names new consultant relations head; 27/03/2018 – 47JE: Bank of New York Mellon: FRN Variable Rate Fix

Among 21 analysts covering Wellcare Health Plans Inc. (NYSE:WCG), 15 have Buy rating, 0 Sell and 6 Hold. Therefore 71% are positive. Wellcare Health Plans Inc. had 60 analyst reports since July 23, 2015 according to SRatingsIntel. Morgan Stanley maintained WellCare Health Plans, Inc. (NYSE:WCG) rating on Wednesday, February 7. Morgan Stanley has “Equal-Weight” rating and $220 target. As per Tuesday, December 13, the company rating was downgraded by Goldman Sachs. As per Wednesday, May 30, the company rating was maintained by Leerink Swann. The stock of WellCare Health Plans, Inc. (NYSE:WCG) has “Equal-Weight” rating given on Wednesday, June 7 by Morgan Stanley. The stock of WellCare Health Plans, Inc. (NYSE:WCG) earned “Buy” rating by Cantor Fitzgerald on Thursday, August 24. The rating was maintained by Jefferies with “Hold” on Friday, January 12. Cantor Fitzgerald maintained WellCare Health Plans, Inc. (NYSE:WCG) rating on Tuesday, February 6. Cantor Fitzgerald has “Buy” rating and $235.0 target. Jefferies maintained it with “Hold” rating and $190 target in Friday, October 13 report. Morgan Stanley maintained WellCare Health Plans, Inc. (NYSE:WCG) on Wednesday, May 30 with “Equal-Weight” rating. Jefferies maintained the shares of WCG in report on Wednesday, September 20 with “Hold” rating. See WellCare Health Plans, Inc. (NYSE:WCG) latest ratings:

11/06/2018 Broker: SunTrust Rating: Buy New Target: $270.0000 Initiate
07/06/2018 Broker: Argus Research Rating: Buy New Target: $265 Initiates Coverage On
31/05/2018 Broker: BMO Capital Markets Old Rating: Outperform New Rating: Outperform Old Target: $250 New Target: $275 Maintain
30/05/2018 Broker: Wells Fargo Rating: Buy New Target: $250.0000 Maintain
30/05/2018 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $228 New Target: $237 Maintain
30/05/2018 Broker: Leerink Swann Rating: Buy New Target: $300.0000 Maintain
29/05/2018 Broker: Cantor Fitzgerald Rating: Buy New Target: $235.0000 Maintain
02/05/2018 Broker: Wells Fargo Rating: Buy New Target: $240.0000 Maintain
01/05/2018 Broker: Cantor Fitzgerald Rating: Buy New Target: $235.0000 Maintain
02/05/2018 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $220 New Target: $228 Maintain

The stock decreased 0.18% or $0.44 during the last trading session, reaching $239.85. About 173,297 shares traded. WellCare Health Plans, Inc. (NYSE:WCG) has risen 27.35% since June 19, 2017 and is uptrending. It has outperformed by 14.78% the S&P500. Some Historical WCG News: ; 01/05/2018 – WellCare: Selected to Continue Serving Medicaid Members in Florida; 29/05/2018 – Crain’s Detroit Business: #BREAKING: Meridian sold to national health insurer Wellcare for $2.5 billion; 29/05/2018 – WellCare To Buy Privately Held Meridian Health For $2.5 Billion — MarketWatch; 29/05/2018 – WELLCARE TO BUY MERIDIAN FOR $2.5B; 11/04/2018 – WellCare Announces 2017 Annual Review; 07/05/2018 – Tampa Bay News: Tampa-based WellCare Health Plans, Inc. Corporate Counsel Joins Carlton Fields; 01/05/2018 – WELLCARE SEES FY ADJ EPS $10.00 TO $10.30, EST. $9.820; 14/05/2018 – Wellcare Presenting at Bank of America Conference Tomorrow; 24/05/2018 – WellCare Elects Amy Compton-Phillips and Kathleen E. Walsh to Bd of Directors; 13/03/2018 – CARE1ST HEALTH PLAN ARIZONA INC SAYS CONTRACT WITH AHCCCS TO COORDINATE PROVISION OF HEALTHCARE SERVICES IN CENTRAL AND NORTH GEOGRAPHIC SERVICE AREAS

WellCare Health Plans, Inc. provides managed care services for government-sponsored health care programs. The company has market cap of $10.73 billion. It operates through three divisions: Medicaid Health Plans, Medicare Health Plans, and Medicare PDPs. It has a 26.48 P/E ratio. The Medicaid Health Plans segment offers plans for beneficiaries of temporary assistance for needy families, supplemental security income, and aged blind and disabled residents; and other state programs, such as children's health insurance programs for qualifying families who are not eligible for Medicaid, as well as managed long-term care programs for people with chronic illnesses or who have disabilities and need health and long-term care services.

More notable recent WellCare Health Plans, Inc. (NYSE:WCG) news were published by: Prnewswire.com which released: “Staywell Awards $8000 in Grants to Support Eldercaring Coordination Program in Florida” on June 18, 2018, also Seekingalpha.com with their article: “WellCare to acquire Meridian for $2.5B” published on May 29, 2018, Bizjournals.com published: “WellCare CEO steps into national spotlight” on June 15, 2018. More interesting news about WellCare Health Plans, Inc. (NYSE:WCG) were released by: Seekingalpha.com and their article: “WellCare Health Plans (WCG) Investor Presentation – Slideshow” published on May 25, 2018 as well as Seekingalpha.com‘s news article titled: “Premarket analyst action – healthcare” with publication date: June 11, 2018.

Investors sentiment decreased to 1.09 in Q1 2018. Its down 0.04, from 1.13 in 2017Q4. It is negative, as 28 investors sold WellCare Health Plans, Inc. shares while 111 reduced holdings. 44 funds opened positions while 107 raised stakes. 42.02 million shares or 0.65% less from 42.30 million shares in 2017Q4 were reported. Vanguard Grp Inc reported 4.42M shares. Fred Alger stated it has 0.02% of its portfolio in WellCare Health Plans, Inc. (NYSE:WCG). 4,369 were reported by Virtu Financial Lc. Element Capital Mngmt Ltd accumulated 2,211 shares. Sivik Global Health Limited Co holds 1.98% in WellCare Health Plans, Inc. (NYSE:WCG) or 21,967 shares. Moreover, Globeflex Cap L P has 0.47% invested in WellCare Health Plans, Inc. (NYSE:WCG). 1,800 were reported by Highvista Strategies Limited Com. 603,298 are held by Millennium Mngmt Ltd Co. Clarivest Asset Limited Liability Company has invested 0.07% in WellCare Health Plans, Inc. (NYSE:WCG). Legg Mason Asset Mngmt (Japan) Limited invested 0.68% of its portfolio in WellCare Health Plans, Inc. (NYSE:WCG). 6,400 are owned by Schroder Invest Mgmt Gp. Jane Street Group Limited Liability Corp holds 0% or 9,620 shares. Amundi Pioneer Asset Mngmt reported 77,209 shares. Fort Lp has invested 5.05% of its portfolio in WellCare Health Plans, Inc. (NYSE:WCG). Bluemountain Capital Mgmt Ltd Llc stated it has 0.44% of its portfolio in WellCare Health Plans, Inc. (NYSE:WCG).

The Bank of New York Mellon Corporation provides financial services and products to institutions, firms, and high net worth individuals in the United States and internationally. The company has market cap of $57.85 billion. It operates through two divisions, Investment Management and Investment Services. It has a 14.35 P/E ratio. The firm offers investment management; trust and custody; foreign exchange; fund administration; global collateral services; securities lending; depositary receipts; corporate trust; global payment/cash management; banking services; and clearing services.

More news for The Bank of New York Mellon Corporation (NYSE:BK) were recently published by: Schaeffersresearch.com, which released: “Worst Stocks to Own After a Fed Rate Hike” on June 08, 2018. Fool.com‘s article titled: “9 Stocks Warren Buffett Loves More Than Ever” and published on June 04, 2018 is yet another important article.

Investors sentiment decreased to 0.87 in 2018 Q1. Its down 0.12, from 0.99 in 2017Q4. It worsened, as 53 investors sold The Bank of New York Mellon Corporation shares while 340 reduced holdings. 81 funds opened positions while 260 raised stakes. 812.17 million shares or 1.50% less from 824.52 million shares in 2017Q4 were reported. Front Barnett Assocs Limited stated it has 7,688 shares or 0.07% of all its holdings. Private Advisor Grp Lc has invested 0.04% in The Bank of New York Mellon Corporation (NYSE:BK). Toronto Dominion Comml Bank stated it has 0.06% of its portfolio in The Bank of New York Mellon Corporation (NYSE:BK). Pub Employees Retirement Association Of Colorado invested in 0.44% or 1.28M shares. Amer National Insurance Tx reported 236,272 shares. Minneapolis Group Ltd Limited Liability Company has invested 4.44% of its portfolio in The Bank of New York Mellon Corporation (NYSE:BK). Capital Interest Ltd Ca, California-based fund reported 23,980 shares. Envestnet Asset Mngmt Inc owns 104,305 shares. Artisan Partners Limited Partnership has 13.61M shares. King Luther Mgmt has invested 0.02% in The Bank of New York Mellon Corporation (NYSE:BK). Whittier Tru Of Nevada accumulated 8,557 shares or 0.04% of the stock. Berkshire Hathaway invested in 62.19M shares or 1.7% of the stock. Coastline Tru holds 0.07% of its portfolio in The Bank of New York Mellon Corporation (NYSE:BK) for 8,700 shares. Covington Capital invested in 0.04% or 10,834 shares. 4,150 were reported by Fairview Capital Investment Mgmt Lc.

Among 25 analysts covering The Bank Of New York Mellon Corporation (NYSE:BK), 11 have Buy rating, 3 Sell and 11 Hold. Therefore 44% are positive. The Bank Of New York Mellon Corporation had 86 analyst reports since July 22, 2015 according to SRatingsIntel. The firm has “Neutral” rating given on Friday, April 20 by Credit Suisse. The firm has “Outperform” rating by Bernstein given on Wednesday, August 5. CLSA maintained The Bank of New York Mellon Corporation (NYSE:BK) rating on Friday, September 23. CLSA has “Outperform” rating and $47 target. Raymond James upgraded it to “Strong Buy” rating and $5 target in Wednesday, December 28 report. On Tuesday, January 26 the stock rating was maintained by Deutsche Bank with “Buy”. The firm has “Hold” rating by Keefe Bruyette & Woods given on Thursday, December 21. The firm has “Underperform” rating given on Monday, May 29 by Bank of America. The firm has “Outperform” rating given on Friday, October 21 by Keefe Bruyette & Woods. The rating was maintained by Citigroup on Monday, October 9 with “Neutral”. As per Monday, October 10, the company rating was maintained by .

WellCare Health Plans, Inc. (NYSE:WCG) Institutional Positions Chart

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