BNP Paribas Financial Markets Has $2 Million Position in CorVel Co. (NASDAQ:CRVL)

BNP Paribas Financial Markets trimmed its stake in CorVel Co. (NASDAQ:CRVLFree Report) by 1.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 8,087 shares of the business services provider’s stock after selling 83 shares during the quarter. BNP Paribas Financial Markets’ holdings in CorVel were worth $1,999,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. West Coast Financial LLC increased its position in CorVel by 98.9% in the 4th quarter. West Coast Financial LLC now owns 29,198 shares of the business services provider’s stock valued at $7,218,000 after buying an additional 14,515 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC raised its position in shares of CorVel by 0.6% during the third quarter. Kayne Anderson Rudnick Investment Management LLC now owns 1,965,355 shares of the business services provider’s stock worth $386,487,000 after purchasing an additional 12,250 shares during the period. Stifel Financial Corp lifted its holdings in shares of CorVel by 36.3% in the 3rd quarter. Stifel Financial Corp now owns 23,982 shares of the business services provider’s stock worth $4,716,000 after purchasing an additional 6,385 shares in the last quarter. Qube Research & Technologies Ltd grew its position in CorVel by 117.4% in the 3rd quarter. Qube Research & Technologies Ltd now owns 10,600 shares of the business services provider’s stock valued at $2,084,000 after purchasing an additional 5,724 shares during the period. Finally, Illinois Municipal Retirement Fund increased its stake in CorVel by 197.3% during the 3rd quarter. Illinois Municipal Retirement Fund now owns 8,156 shares of the business services provider’s stock valued at $1,604,000 after purchasing an additional 5,413 shares in the last quarter. 51.36% of the stock is owned by institutional investors.

Analyst Ratings Changes

Separately, StockNews.com raised shares of CorVel from a “hold” rating to a “buy” rating in a research note on Monday, May 13th.

Check Out Our Latest Stock Analysis on CorVel

CorVel Stock Performance

CRVL stock opened at $276.60 on Friday. The business has a 50-day simple moving average of $251.08 and a two-hundred day simple moving average of $238.88. The company has a market capitalization of $4.73 billion, a P/E ratio of 62.86 and a beta of 1.08. CorVel Co. has a 52-week low of $187.92 and a 52-week high of $281.41.

About CorVel

(Free Report)

CorVel Corporation provides workers' compensation, auto, liability, and health solutions for employers, third party administrators, insurance companies, and government agencies to assist them in managing the medical costs and monitoring the quality of care associated with healthcare claims. 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.

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Institutional Ownership by Quarter for CorVel (NASDAQ:CRVL)

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