Thrivent Financial for Lutherans Sells 391 Shares of CorVel Co. (NASDAQ:CRVL)

Thrivent Financial for Lutherans cut its position in CorVel Co. (NASDAQ:CRVL) by 5.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,130 shares of the business services provider’s stock after selling 391 shares during the period. Thrivent Financial for Lutherans’ holdings in CorVel were worth $2,331,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in CRVL. Janus Henderson Group PLC lifted its position in shares of CorVel by 997.8% during the 1st quarter. Janus Henderson Group PLC now owns 46,975 shares of the business services provider’s stock worth $12,351,000 after buying an additional 42,696 shares in the last quarter. Assenagon Asset Management S.A. grew its position in CorVel by 41.8% in the second quarter. Assenagon Asset Management S.A. now owns 115,876 shares of the business services provider’s stock worth $29,464,000 after acquiring an additional 34,155 shares in the last quarter. Quest Partners LLC grew its position in CorVel by 184,200.0% in the second quarter. Quest Partners LLC now owns 1,843 shares of the business services provider’s stock worth $469,000 after acquiring an additional 1,842 shares in the last quarter. Texas Permanent School Fund Corp grew its position in CorVel by 15.2% in the second quarter. Texas Permanent School Fund Corp now owns 9,137 shares of the business services provider’s stock worth $2,323,000 after acquiring an additional 1,208 shares in the last quarter. Finally, The Manufacturers Life Insurance Company boosted its position in CorVel by 4.1% during the second quarter. The Manufacturers Life Insurance Company now owns 5,139 shares of the business services provider’s stock valued at $1,307,000 after buying an additional 204 shares during the period. 51.36% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

CorVel Price Performance

CRVL stock opened at $361.39 on Thursday. CorVel Co. has a 1 year low of $203.90 and a 1 year high of $381.73. The company has a market cap of $6.19 billion, a P/E ratio of 76.73 and a beta of 1.10. The firm has a 50-day moving average of $327.21 and a 200 day moving average of $296.71.

CorVel Company Profile

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.