Charles Schwab Investment Management Inc. Has $28.19 Million Stock Holdings in CorVel Co. (NASDAQ:CRVL)

Charles Schwab Investment Management Inc. grew its stake in CorVel Co. (NASDAQ:CRVLFree Report) by 7.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 86,236 shares of the business services provider’s stock after buying an additional 6,061 shares during the period. Charles Schwab Investment Management Inc.’s holdings in CorVel were worth $28,190,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Assenagon Asset Management S.A. boosted its position in shares of CorVel by 41.8% during the 2nd quarter. Assenagon Asset Management S.A. now owns 115,876 shares of the business services provider’s stock valued at $29,464,000 after purchasing an additional 34,155 shares in the last quarter. Quest Partners LLC boosted its position in shares of CorVel by 184,200.0% during the 2nd quarter. Quest Partners LLC now owns 1,843 shares of the business services provider’s stock valued at $469,000 after purchasing an additional 1,842 shares in the last quarter. Texas Permanent School Fund Corp boosted its position in shares of CorVel by 15.2% during the 2nd quarter. Texas Permanent School Fund Corp now owns 9,137 shares of the business services provider’s stock valued at $2,323,000 after purchasing an additional 1,208 shares in the last quarter. The Manufacturers Life Insurance Company boosted its position in shares of CorVel by 4.1% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 5,139 shares of the business services provider’s stock valued at $1,307,000 after purchasing an additional 204 shares in the last quarter. Finally, Farther Finance Advisors LLC bought a new stake in shares of CorVel during the 2nd quarter valued at about $318,000. Institutional investors and hedge funds own 51.36% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com lowered CorVel from a “buy” rating to a “hold” rating in a research report on Saturday, August 31st.

Get Our Latest Report on CorVel

CorVel Stock Performance

Shares of NASDAQ:CRVL opened at $359.80 on Thursday. The business’s 50 day simple moving average is $331.47 and its two-hundred day simple moving average is $300.00. The firm has a market cap of $6.16 billion, a P/E ratio of 76.39 and a beta of 1.14. CorVel Co. has a 52-week low of $212.70 and a 52-week high of $381.73.

CorVel Profile

(Free Report)

CorVel Corporation provides workers’ compensation, auto, liability, and health solutions. 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. The company also offers network solutions services, including automated medical fee auditing, preferred provider management and reimbursement, retrospective utilization review, facility claim review, professional review, pharmacy, directed care, clearinghouse, independent medical examination, and inpatient medical bill review services, as well as Medicare solutions.

See Also

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Institutional Ownership by Quarter for CorVel (NASDAQ:CRVL)

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