Sequoia Financial Advisors LLC Has $1.49 Million Stock Holdings in Centene Corporation $CNC

Posted by Stanley Muller on May 12th, 2026

Sequoia Financial Advisors LLC boosted its position in shares of Centene Corporation (NYSE:CNC – Free Report) by 60.8% during the 4th quarter, Holdings Channel reports. The institutional investor owned 36,148 shares of the company’s stock after purchasing an additional 13,663 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Centene were worth $1,487,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in CNC. Baird Financial Group Inc. acquired a new position in shares of Centene in the 1st quarter valued at $236,000. Sivia Capital Partners LLC lifted its stake in shares of Centene by 80.0% in the 2nd quarter. Sivia Capital Partners LLC now owns 9,710 shares of the company’s stock valued at $527,000 after purchasing an additional 4,315 shares during the period. CW Advisors LLC lifted its stake in shares of Centene by 20.3% in the 2nd quarter. CW Advisors LLC now owns 4,863 shares of the company’s stock valued at $264,000 after purchasing an additional 820 shares during the period. NewEdge Advisors LLC lifted its stake in shares of Centene by 6.1% in the 2nd quarter. NewEdge Advisors LLC now owns 44,945 shares of the company’s stock valued at $2,440,000 after purchasing an additional 2,582 shares during the period. Finally, Treasurer of the State of North Carolina lifted its stake in shares of Centene by 0.4% in the 2nd quarter. Treasurer of the State of North Carolina now owns 231,938 shares of the company’s stock valued at $12,590,000 after purchasing an additional 967 shares during the period. Institutional investors and hedge funds own 93.63% of the company’s stock.

Centene Price Performance

CNC stock opened at $56.35 on Tuesday. The stock has a 50-day moving average price of $40.13 and a two-hundred day moving average price of $40.17. The stock has a market cap of $27.82 billion, a PE ratio of -4.29, a price-to-earnings-growth ratio of 1.08 and a beta of 1.06. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 0.76. Centene Corporation has a 1 year low of $25.08 and a 1 year high of $64.15.

Centene (NYSE:CNC – Get Free Report) last released its earnings results on Tuesday, April 28th. The company reported $3.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.23 by $1.14. Centene had a positive return on equity of 5.57% and a negative net margin of 3.25%.The firm had revenue of $49.94 billion during the quarter, compared to analysts’ expectations of $47.53 billion. During the same quarter in the prior year, the company earned $2.90 EPS. The company’s revenue was up 7.1% on a year-over-year basis. Equities analysts forecast that Centene Corporation will post 3.45 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on CNC shares. Argus raised Centene to a “hold” rating in a research note on Monday, February 9th. Jefferies Financial Group upped their price objective on shares of Centene from $39.00 to $48.00 and gave the company a “hold” rating in a research report on Wednesday, April 29th. Wall Street Zen upgraded shares of Centene from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Cantor Fitzgerald upgraded shares of Centene from a “neutral” rating to an “overweight” rating and upped their price objective for the company from $41.00 to $60.00 in a research report on Tuesday, April 28th. Finally, Zacks Research upgraded shares of Centene from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, May 6th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, Centene currently has an average rating of “Hold” and an average target price of $53.82.

Check Out Our Latest Analysis on Centene

Centene Profile

(Free Report)

Centene Corporation (NYSE: CNC) is a diversified, multi-national healthcare enterprise that specializes in providing services to government-sponsored and national health programs. The company primarily acts as a managed care organization, delivering healthcare coverage and administering benefits for Medicaid, the Children’s Health Insurance Program (CHIP), Medicare Advantage, and individual marketplace plans. Centene also contracts with federal and state agencies to manage specialty care programs and community-based services for vulnerable populations.

Centene’s offerings extend beyond traditional insurance to include a range of specialty and support services.