UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $9.15 Million Stock Holdings in CorVel Co. (NASDAQ:CRVL)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC decreased its stake in shares of CorVel Co. (NASDAQ:CRVL) by 3.6% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 27,986 shares of the business services provider’s stock after selling 1,038 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.16% of CorVel worth $9,148,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. GAMMA Investing LLC boosted its holdings in shares of CorVel by 98.0% during the second quarter. GAMMA Investing LLC now owns 97 shares of the business services provider’s stock worth $25,000 after acquiring an additional 48 shares during the period. Blue Trust Inc. lifted its holdings in CorVel by 435.3% during the 3rd quarter. Blue Trust Inc. now owns 91 shares of the business services provider’s stock worth $30,000 after purchasing an additional 74 shares during the last quarter. Advisors Asset Management Inc. boosted its stake in CorVel by 121.7% in the 3rd quarter. Advisors Asset Management Inc. now owns 204 shares of the business services provider’s stock valued at $67,000 after purchasing an additional 112 shares during the period. Whittier Trust Co. of Nevada Inc. acquired a new position in CorVel in the 3rd quarter valued at $102,000. Finally, Benjamin F. Edwards & Company Inc. increased its position in CorVel by 130.9% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 411 shares of the business services provider’s stock worth $105,000 after buying an additional 233 shares during the period. Institutional investors and hedge funds own 51.36% of the company’s stock.

Wall Street Analyst Weigh In

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

CorVel Trading Up 0.2 %

Shares of CRVL opened at $352.58 on Monday. CorVel Co. has a 12 month low of $218.29 and a 12 month high of $381.73. The firm’s 50 day moving average is $332.73 and its 200-day moving average is $301.21. The stock has a market capitalization of $6.04 billion, a PE ratio of 74.86 and a beta of 1.14.

About CorVel

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.