Swiss National Bank maintained its position in CorVel Corp. (NASDAQ:CRVL) during the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 18,900 shares of the business services provider’s stock at the close of the second quarter. Swiss National Bank owned 0.10% of CorVel Corp. worth $897,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of CRVL. Municipal Employees Retirement System of Michigan grew its holdings in shares of CorVel Corp. by 3.6% in the second quarter. Municipal Employees Retirement System of Michigan now owns 2,310 shares of the business services provider’s stock worth $110,000 after purchasing an additional 80 shares during the last quarter. BNP Paribas Arbitrage SA grew its holdings in shares of CorVel Corp. by 57.8% in the second quarter. BNP Paribas Arbitrage SA now owns 3,061 shares of the business services provider’s stock worth $145,000 after purchasing an additional 1,121 shares during the last quarter. Acadian Asset Management LLC grew its holdings in shares of CorVel Corp. by 339.3% in the second quarter. Acadian Asset Management LLC now owns 3,857 shares of the business services provider’s stock worth $184,000 after purchasing an additional 2,979 shares during the last quarter. Victory Capital Management Inc. grew its holdings in shares of CorVel Corp. by 17.7% in the second quarter. Victory Capital Management Inc. now owns 4,248 shares of the business services provider’s stock worth $202,000 after purchasing an additional 638 shares during the last quarter. Finally, Marshall Wace North America L.P. bought a new position in shares of CorVel Corp. in the second quarter worth about $273,000. Hedge funds and other institutional investors own 44.31% of the company’s stock.

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

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Shares of CorVel Corp. (NASDAQ CRVL) opened at 59.35 on Thursday. CorVel Corp. has a 1-year low of $31.00 and a 1-year high of $59.90. The stock has a market capitalization of $1.11 billion, a price-to-earnings ratio of 37.37 and a beta of 0.79. The company has a 50-day moving average of $54.34 and a 200-day moving average of $48.73.

CorVel Corp. (NASDAQ:CRVL) last announced its quarterly earnings data on Tuesday, August 1st. The business services provider reported $0.46 EPS for the quarter. CorVel Corp. had a return on equity of 21.72% and a net margin of 5.83%. The business had revenue of $137.61 million during the quarter. On average, equities research analysts expect that CorVel Corp. will post $2.56 EPS for the current fiscal year.

About CorVel Corp.

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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