<div id="readability-page-1"><p>Daiwa Securities Group Inc. lessened its stake in  Centene Corporation (NYSE:CNC - Free Report) by 18.4% in the second quarter, according to the company in its most recent 13F filing with the Securities &amp; Exchange Commission. The firm owned 123,990 shares of the company's stock after selling 28,011 shares during the quarter. Daiwa Securities Group Inc.'s holdings in Centene were worth $6,730,000 at the end of the most recent reporting period.</p><ul><li>MarketBeat Week in Review – 07/07 - 07/11</li></ul><p>A number of other institutional investors have also made changes to their positions in CNC. Quarry LP acquired a new stake in  Centene during the 1st quarter valued at $26,000.  Assetmark Inc. lifted its holdings in  Centene by 248.2% in the 2nd quarter. Assetmark Inc. now owns 1,156 shares of the company's stock worth $63,000 after buying an additional 824 shares in the last quarter.  GHP Investment Advisors Inc. grew its stake in shares of  Centene by 265.8% during the second quarter. GHP Investment Advisors Inc. now owns 1,178 shares of the company's stock valued at $64,000 after acquiring an additional 856 shares in the last quarter.  Atlantic Union Bankshares Corp purchased a new stake in shares of  Centene during the second quarter worth about $76,000.  Finally, Trust Co. of Toledo NA OH acquired a new position in shares of  Centene in the second quarter worth about $77,000. 93.63% of the stock is owned by institutional investors and hedge funds. </p><h2>Wall Street Analysts Forecast Growth</h2><p>Several research firms have issued reports on CNC. Oppenheimer  restated an &#34;outperform&#34; rating and set a $45.00 price objective on shares of Centene in a report on Thursday, October 30th. Barclays  set a $44.00 price target on shares of Centene and gave the stock an &#34;equal weight&#34; rating in a research note on Tuesday, November 4th. Mizuho increased their price objective on shares of Centene from $28.00 to $40.00 and gave the company a &#34;neutral&#34; rating in a research note on Thursday, October 9th. TD Cowen boosted their target price on shares of Centene from $30.00 to $34.00 and gave the stock a &#34;hold&#34; rating in a research report on Friday, October 31st. Finally, JPMorgan Chase &amp; Co. increased their price target on shares of Centene from $30.00 to $38.00 and gave the stock a &#34;neutral&#34; rating in a research report on Tuesday, November 4th. Three equities research analysts have rated the stock with a Buy rating, fifteen have issued  a Hold rating and three have given a Sell rating to the company's stock. According to MarketBeat.com, Centene  has an average rating of &#34;Hold&#34; and a consensus price target of $40.47.</p><ul><li>Why Centene Stock Dropped 40% — And Whether It's a Buy Now</li></ul><p><b>Check Out Our Latest Analysis on Centene</b></p><h2>Centene Stock Performance</h2><p>Shares of NYSE CNC opened at $40.47 on Friday. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 0.83. The firm's 50-day moving average price is $36.84 and its two-hundred day moving average price is $37.09. Centene Corporation has a 52-week low of $25.08 and a 52-week high of $66.81. The stock has a market capitalization of $19.89 billion, a P/E ratio of -3.74, a P/E/G ratio of 1.29 and a beta of 0.48. </p><ul><li>Top Analyst-Rated Healthcare Stocks to Watch Now</li></ul><p>Centene (NYSE:CNC - Get Free Report) last announced its quarterly earnings results on Wednesday, October 29th. The company reported $0.50 earnings per share for the quarter, topping analysts' consensus estimates of ($0.21) by $0.71. Centene had a positive return on equity of 7.82% and a negative net margin of 2.85%.The business had revenue of $49.69 billion for the quarter, compared to analysts' expectations of $47.50 billion. During the same period in the prior year, the firm earned $1.62 EPS. The business's quarterly revenue was up 18.2% on a year-over-year basis.  As a group, sell-side analysts forecast that  Centene Corporation will post 6.86 earnings per share for the current year. </p><h2>About Centene</h2> (Free Report)<p>Centene Corporation operates as a healthcare enterprise that provides programs and services to under-insured and uninsured families, commercial organizations, and military families in the United States. The company operates through Medicaid, Medicare, Commercial, and Other segments. The Medicaid segment offers health plan coverage, including medicaid expansion, aged, blind, disabled, children's health insurance program, foster care, medicare-medicaid plans, long-term services and support.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than Centene</li><li>Why Are These Companies Considered Blue Chips?</li><li>3 Recently Downgraded Stocks to Avoid in 2026</li><li>What Are Treasury Bonds?</li><li>The Chip Boom Is Back: 3 Stocks Positioned for Huge Gains</li><li>Canada Bond Market Holiday: How to Invest and Trade </li><li>Oracle Stock Hit Hard: Why Its AI Pipeline Could Drive a 2026 Rally</li></ul><p><strong>Want to see what other hedge funds are holding CNC?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Centene Corporation (NYSE:CNC - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUNOQw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUNOQw"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Centene Right Now?</h2><p>Before you consider Centene, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Centene wasn't on the list.</p><p>While Centene currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Daiwa Securities Group Inc. reduced its stake in Centene Corporation by 18.4% in Q2, selling 28,011 shares. The firm now holds 123,990 shares worth $6.73 million. Other institutional investors also adjusted their positions in Centene. Analysts have mixed ratings on Centene, with a consensus price target of $40.47. Centene reported Q3 earnings of $0.50 per share, beating estimates, with revenue up 18.2% YoY to $49.69 billion.</p>

Centene Corporation $CNC Shares Sold by Daiwa Securities Group Inc.