Loews Corp Decreased Stake in Anthem INC (ANTM) by $3.22 Million

June 29, 2018 - By Amber Marburger

Anthem, Inc. (NYSE:ANTM) Corporate Logo

In Anthem Inc (ANTM) was decreased the holdings held by Loews Corp. The reduction is 85.96% according to 2018Q1 SEC filling. The company’s stock declined 2.45% with the market as Loews Corp sold 14,700 shares. The health care company reported $527,000 value for the 2018Q1. Now the institutional investor is holding 2,400 shares, compared to the 17,100 from the previous quarter. Anthem Inc has $61.54B market cap. Ticker’s shares touched $241.15 during the last trading session after 0.79% change.Currently Anthem, Inc. is uptrending after 28.04% change in last June 29, 2017. ANTM has 349,333 shares volume. The stock outperformed the S&P500 by 15.47%.

Loews Corp manages about $14.93 billion US Long portfolio. It upped its stake in Comcast Corp (NASDAQ:CMCSA) by 593,000 shares to 600,000 shares, valued at $20.50M in 2018Q1, according to the filing. For a total of 329,283 shares it increased its holding in General Motors Co. (NYSE:GM) by 100,000 shares in the quarter, and has risen its stake in Aercap Holdings Nv (NYSE:AER).

Anthem, Inc. (NYSE:ANTM) is expected to reveal earnings on July, 25., Faxor reports. Analysts forecast 23.44 % diference or $4.16 from the $3.37 EPS from 2017. ANTM’s profit could hit $1.06B with 14.49 P/E in case $4.16 earnings per share is announced. Analysts at Wall Street see Anthem, Inc.’s -23.11 % negative EPS growth compared to $5.41 earnings per share for last quarter.

For more Anthem, Inc. (NYSE:ANTM) news posted briefly go to: Businesswire.com, Benzinga.com, Globenewswire.com, Fool.com or Bizjournals.com. The titles are as follows: “Anthem, Inc. Completes Acquisition of Aspire Health” posted on June 18, 2018, “Castlight Health Has $10B Potential Market, William Blair Says In Bullish Initiation” on June 20, 2018, “Market Trends Toward New Normal in Cheniere Energy Partners, LP, UnitedHealth Group, Anthem, Sage Therapeutics …” with a publish date: June 12, 2018, “6 Top Healthcare Trends You Can’t Afford to Ignore” and the last “Blue Cross of MN names Anthem exec CEO” with publication date: June 28, 2018.

Anthem, Inc. (NYSE:ANTM) Ratings Coverage

In total 15 analysts cover Anthem (NYSE:ANTM). “Buy” rating has 13, “Sell” are 0, while 2 are “Hold”. (NYSE:ANTM) has 87% bullish analysts. 20 are the (NYSE:ANTM)’s ratings reports on Jun 29, 2018 according to StockzIntelligence Inc. On Thursday, April 26 the stock of Anthem, Inc. (NYSE:ANTM) has “Outperform” rating given by Credit Suisse. On Friday, January 12 the stock has “Buy” rating by Jefferies. In Wednesday, January 3 report PiperJaffray upgraded the stock to “Overweight” rating. On Thursday, February 1 the stock of Anthem, Inc. (NYSE:ANTM) has “Buy” rating given by Credit Suisse. On Wednesday, April 25 the stock of Anthem, Inc. (NYSE:ANTM) earned “Buy” rating by RBC Capital Markets. On Thursday, February 1 the firm has “Equal-Weight” rating by Morgan Stanley given. On Wednesday, January 31 Piper Jaffray maintained Anthem, Inc. (NYSE:ANTM) rating. Piper Jaffray has “Buy” rating and $278.0 target. In Thursday, April 26 report J.P. Morgan upgraded the stock to “Buy” rating. In Wednesday, January 31 report Cowen & Co maintained it with “Buy” rating and $280.0 target. On Thursday, January 18 the rating was maintained by Cantor Fitzgerald with “Buy”.

Anthem, Inc. (NYSE:ANTM) Analyst Ratings Chart

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