Magellan Health Services, Inc.
Doing nothing to prepare for the Fiscal Cliff not an option as a retail investor. Better to position oneself defensively in case of a plunge and offensively in case of a rally! In other words, you need a Parachute, in case you need to jump off the Cliff while you go along for the ride.
Hedge funds that take a large percentage stake in public companies, or then change the size of their stake in the future (including by selling shares) file 13D or 13G documents with the SEC so that their ownership is public knowledge. At Insider Monkey, we track these filings and while investors cannot invest or divest in every position this activity can serve as a good starting point for further analysis more »
In a 13G filing this week, SAC Capital disclosed a 5% ownership stake in Magellan Health Services Inc (NASDAQ: MGLN) of 1,380,530 shares. Magellan is engaged in the specialty managed healthcare business, providing services to health plans and insurance companies. This new position is a huge increase in Magellan for SAC Capital, who owned only 16,300 shares at the end of 1Q.
HealthCor Management has been the more »
In 2011 the United States spent an estimated $2.7 trillion (17% of GDP) on healthcare. The sky-high revenues generated by the health services industry may make it seem like a lucrative investment opportunity awaits, but after taking a closer look you’ll notice that companies are plagued by low profit margins. That doesn’t mean opportunities don’t exist, but it is important for investors to look past ever-increasing more »