Goldman Sachs Group Inc. lifted its position in shares of CorVel Corp. (NASDAQ:CRVL) by 1.8% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 30,925 shares of the business services provider’s stock after acquiring an additional 536 shares during the period. Goldman Sachs Group Inc. owned about 0.16% of CorVel Corp. worth $1,467,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the stock. Renaissance Technologies LLC raised its position in shares of CorVel Corp. by 0.7% during the 2nd quarter. Renaissance Technologies LLC now owns 1,474,000 shares of the business services provider’s stock valued at $69,941,000 after acquiring an additional 9,847 shares in the last quarter. Dimensional Fund Advisors LP raised its position in shares of CorVel Corp. by 1.2% during the 2nd quarter. Dimensional Fund Advisors LP now owns 780,106 shares of the business services provider’s stock valued at $37,016,000 after acquiring an additional 9,196 shares in the last quarter. Russell Investments Group Ltd. raised its position in shares of CorVel Corp. by 2.7% during the 2nd quarter. Russell Investments Group Ltd. now owns 128,440 shares of the business services provider’s stock valued at $6,093,000 after acquiring an additional 3,363 shares in the last quarter. Principal Financial Group Inc. raised its position in shares of CorVel Corp. by 0.8% during the 2nd quarter. Principal Financial Group Inc. now owns 77,822 shares of the business services provider’s stock valued at $3,693,000 after acquiring an additional 607 shares in the last quarter. Finally, Numeric Investors LLC raised its position in shares of CorVel Corp. by 26.9% during the 2nd quarter. Numeric Investors LLC now owns 59,050 shares of the business services provider’s stock valued at $2,802,000 after acquiring an additional 12,500 shares in the last quarter. 44.31% of the stock is currently owned by institutional investors and hedge funds.

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Separately, BidaskClub raised CorVel Corp. from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 19th.

CorVel Corp. (CRVL) opened at $57.45 on Friday. The company has a market capitalization of $1.08 billion, a P/E ratio of 34.38 and a beta of 0.77.

CorVel Corp. (NASDAQ:CRVL) last released its quarterly earnings results on Tuesday, October 31st. The business services provider reported $0.44 earnings per share for the quarter. The firm had revenue of $136.43 million during the quarter. CorVel Corp. had a return on equity of 22.68% and a net margin of 6.01%.

CorVel Corp. Profile

CorVel Corporation (Corvel) is a provider of workers’ compensation solutions for employers, third party administrators, insurance companies and government agencies. The Company offers its services as a bundled solution, which includes claims management, as a standalone service, or as add-on services to existing customers.

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Institutional Ownership by Quarter for CorVel Corp. (NASDAQ:CRVL)

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