MultiPlan Co. (NYSE:MPLN) Shares Bought by Jane Street Group LLC

Jane Street Group LLC lifted its stake in shares of MultiPlan Co. (NYSE:MPLN) by 14.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 19,985 shares of the company’s stock after acquiring an additional 2,512 shares during the quarter. Jane Street Group LLC owned 0.12% of MultiPlan worth $295,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of MPLN. Beach Point Capital Management LP grew its holdings in shares of MultiPlan by 9.2% during the fourth quarter. Beach Point Capital Management LP now owns 384,982 shares of the company’s stock worth $5,690,000 after buying an additional 32,582 shares during the last quarter. Topline Capital Management LLC acquired a new stake in MultiPlan during the 4th quarter worth approximately $4,755,000. Prudential Financial Inc. acquired a new stake in MultiPlan during the 4th quarter worth approximately $2,494,000. RBF Capital LLC lifted its position in MultiPlan by 62.3% during the 4th quarter. RBF Capital LLC now owns 147,051 shares of the company’s stock worth $2,173,000 after acquiring an additional 56,470 shares during the period. Finally, Geode Capital Management LLC lifted its position in MultiPlan by 17.3% during the 4th quarter. Geode Capital Management LLC now owns 67,615 shares of the company’s stock worth $1,000,000 after acquiring an additional 9,954 shares during the period. Hedge funds and other institutional investors own 87.15% of the company’s stock.

MultiPlan Price Performance

Shares of NYSE:MPLN opened at $38.45 on Tuesday. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 21.73. The company has a market cap of $621.77 million, a P/E ratio of -0.40 and a beta of 0.13. MultiPlan Co. has a 52 week low of $4.80 and a 52 week high of $29.84. The company has a 50-day moving average price of $22.92 and a 200 day moving average price of $18.24.

MultiPlan Company Profile

MultiPlan Corporation, together with its subsidiaries, provides data analytics and technology-enabled cost management, payment, and revenue integrity solutions to the healthcare industry in the United States. The company offers analytics-based services that reduce medical costs, through data-driven algorithms and insights that detect claims over-charges and negotiate or recommend reimbursement; and network-based services that provide contracted discounts with healthcare providers, as well as outsourced network development and management services.