Health Care Stocks on Investors' Radar -- Centene, Cigna, Molina Healthcare, and WellCare Health Plans

NEW YORK, September 19, 2016 /PRNewswire/ --

Companies in the Health Care Plans industry offer long-term health plans and specialty benefits, as well as point-of-service plans, traditional indemnity plans, and other hybrid plans. These corporations tend to offer below-average dividend yields. This morning, Stock-Callers.com reviews the most recent performances of the following trades: Centene Corp. (NYSE: CNC), Cigna Corp. (NYSE: CI), Molina Healthcare Inc. (NYSE: MOH), and WellCare Health Plans Inc. (NYSE: WCG). Learn more about these stocks by downloading their comprehensive and free reports at:

http://stock-callers.com/registration

Centene  

Shares in St. Louis, Missouri headquartered Centene Corp. ended Friday's session at $67.30, rising 0.09%. The stock recorded a trading volume of 1.82 million shares, which was above its three months average volume of 1.80 million shares. The Company's shares have gained 0.43% in the previous three months and 2.26% since the start of this year. The stock is trading 5.90% above its 200-day moving average. Moreover, shares of Centene, which operates as a diversified and multi-national healthcare enterprise that provides programs and services to under-insured and uninsured individuals in the US, have a Relative Strength Index (RSI) of 45.98.

On September 6th, 2016, research firm Leerink Partners downgraded the Company's stock rating from 'Outperform' to 'Market Perform'.

On September 14th, 2016, Centene announced that it has filed with the Arizona Department of Insurance and the Centers for Medicare and Medicaid Services to continue its participation as a qualified health plan issuer in the Arizona Health Insurance Marketplace (Marketplace) in 2017. Centene estimates that its 2017 Ambetter offerings in Arizona will provide incremental revenue of over $500 million and have a positive impact on earnings in 2017. CNC complete research report is just a click away and free at:

http://stock-callers.com/registration/?symbol=CNC


Cigna  

Bloomfield, Connecticut headquartered Cigna Corp.'s stock climbed 2.60%, closing the day at $131.99. A total volume of 2.74 million shares was traded, which was above their three months average volume of 1.73 million shares. The Company's shares have advanced 1.92% in the previous three months. The stock is trading 1.11% above its 50-day moving average. Additionally, shares of Cigna, which provides insurance and related products and services in the US and internationally, have an RSI of 56.45.

On September 7th, 2016, Cigna, through its global expatriate business segment - Cigna Global Health Benefits, announced the expansion of their partnership with African-based insurer, the Hollard Insurance Group. The partnership, in respect for a fully compliant health insurance option in sub-Saharan Africa, will create a new product called Hollard Cigna Health. The legal requirements of globally mobile staff as well as regional expats and key local nationals from corporations with operations in the region are met with this carefully tailored solution. The complimentary report on CI can be downloaded at:


http://stock-callers.com/registration/?symbol=CI


Molina Healthcare  

Last Friday, shares in Long Beach, California headquartered Molina Healthcare Inc. recorded a trading volume of 698,974 shares. The stock ended the day 0.45% higher at $55.74. The Company's shares have gained 9.27% over the previous three months and are trading above their 50-day moving average by 1.51%. Furthermore, shares of Molina Healthcare, which provides Medicaid-related solutions to meet the health care needs of low-income families and individuals; and to assist state agencies in their administration of the Medicaid program, have an RSI of 53.02.

On September 16th, 2016, Molina Healthcare announced that it has completed its previously announced offer to exchange up to $700 million aggregate principal amount of its 5.375% Senior Notes due 2022 and the note guarantees associated therewith issued on November 10th, 2015. As of the Expiration Date on September 15th, 2016, $700 million aggregate principal amount, or 100%, of the Original Notes and the note guarantees associated therewith were validly tendered for exchange, and not validly withdrawn, and accepted for exchange. The Company did not receive any proceeds from the exchange offer. Sign up for your complimentary research report on MOH at:

http://stock-callers.com/registration/?symbol=MOH


WellCare Health Plans  

Tampa, Florida headquartered WellCare Health Plans Inc.'s stock advanced 0.08%, finishing the session at $110.96, with a total trading volume of 396,466 shares. The Company's shares have gained 5.46% in the previous three months and 41.87% on an YTD basis. The stock is trading above its 200-day moving average by 16.92%. Additionally, shares of WellCare Health Plans, which provides managed care services for government-sponsored health care programs, have an RSI of 42.32.

On September 8th, 2016, WellCare Health Plans announced that the National Committee for Quality Assurance has awarded its Medicare Advantage health plan in Louisiana a status of Accredited. Get free access to your research report on WCG at:

http://stock-callers.com/registration/?symbol=WCG

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