*Loews Corp Continues to Hold Stake in Anthem INC (ANTM)

June 29, 2018 - By Mark Williams

Anthem, Inc. (NYSE:ANTM) Corporate Logo

Based on the latest 2018Q1 regulatory filing with the SEC, Loews Corp decreased its stake in Anthem Inc (ANTM) by 85.96%. 14,700 shares were sold by Loews Corp as the company’s stock declined 2.45% with the market. The institutional investor is holding 2,400 shares, compared to the 17,100 from the previous quarter. And the reported value of the health care company is $527,000 for the 2018Q1. $61.54B is the MC of Anthem Inc. ANTM reached $241.15 during the last trading session after $1.88 change.Currently Anthem, Inc. is uptrending after 28.04% change in last June 29, 2017. ANTM has 349,333 shares volume. ANTM outperformed by 15.47% the S&P500.

About $14.93B US Long portfolio Loews Corp manages. It rose its stake in Comcast Corp (NASDAQ:CMCSA) by 593,000 shares to 600,000 shares, valued at $20.50 million in 2018Q1, according to the filing. For a total of 189,600 shares it increased its holding in Aetna Inc (NYSE:AET) by 34,000 shares in the quarter, and has risen its stake in Myers Industries Inc (NYSE:MYE).

Investors wait Anthem, Inc. (NYSE:ANTM)’s quarterly earnings on July, 25., according to RTT. Analysts predict 23.44 % diference or $4.16 from the $3.37 EPS from 2017. In case of $4.16 EPS ANTM’s profit could hit $1.06B. Last quarter $5.41 EPS was reported. Analysts sees -23.11 % negative EPS growth this quarter.

For more Anthem, Inc. (NYSE:ANTM) news posted briefly go to: Globenewswire.com, Fool.com, Businesswire.com, Benzinga.com or Bizjournals.com. The titles are as follows: “Market Trends Toward New Normal in Cheniere Energy Partners, LP, UnitedHealth Group, Anthem, Sage Therapeutics …” posted on June 12, 2018, “6 Top Healthcare Trends You Can’t Afford to Ignore” on June 27, 2018, “Anthem, Inc. Completes Acquisition of Aspire Health” with a publish date: June 18, 2018, “Castlight Health Has $10B Potential Market, William Blair Says In Bullish Initiation” and the last “Blue Cross of MN names Anthem exec CEO” with publication date: June 28, 2018.

Anthem, Inc. (NYSE:ANTM) Ratings Coverage

A total of 15 analysts rate Anthem (NYSE:ANTM) as follows: 13 “Buy”, 2 “Hold” and 0 “Sell”. Тherefore 87% are bullish. (NYSE:ANTM) has 20 ratings reports on Jun 29, 2018 according to StockzIntelligence. On Wednesday, January 3 the rating was initiated by Goldman Sachs with “Hold”. In Wednesday, April 25 report Cantor Fitzgerald maintained the stock with “Buy” rating. On Wednesday, April 25 the stock of Anthem, Inc. (NYSE:ANTM) earned “Buy” rating by RBC Capital Markets. On Thursday, April 26 the stock has “Outperform” rating by Credit Suisse. The company rating was maintained by Cowen & Co on Wednesday, January 31. On Friday, March 9 the stock of Anthem, Inc. (NYSE:ANTM) has “Buy” rating given by Leerink Swann. On Thursday, January 25 Bernstein maintained Anthem, Inc. (NYSE:ANTM) rating. Bernstein has “Buy” rating and $312.0 target. On Wednesday, January 31 the company was maintained by Piper Jaffray. In Thursday, April 26 report Bernstein maintained the stock with “Buy” rating. On Thursday, February 1 the firm has “Equal-Weight” rating given by Morgan Stanley.

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

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