Stock On Watch: Anti-Wellpoint Inc Institutional Investors Sentiment Runs Low in Q2 2016

November 21, 2016 - By Pete Kolinski   ·   0 Comments

Stock On Watch: Anti Wellpoint Inc Institutional Investors Sentiment Runs Low in  Q2 2016

Sentiment for Wellpoint Inc (NYSE:ANTM)

Wellpoint Inc (NYSE:ANTM) institutional sentiment decreased to 0.05 in Q2 2016. Its down -0.07, from 0.12 in 2016Q1. The ratio dropped, as 5 active investment managers increased and started new equity positions, while 42 reduced and sold their stock positions in Wellpoint Inc. The active investment managers in our partner’s database now hold: 23.14 million shares, down from 64.73 million shares in 2016Q1. Also, the number of active investment managers holding Wellpoint Inc in their top 10 equity positions decreased from 1 to 0 for a decrease of 1. Sold All: 41 Reduced: 1 Increased: 2 New Position: 3.

Anthem, Inc. is a health benefit company. The company has a market cap of $35.40 billion. The Firm offers a range of network managed care plans to large and small employer, individual, Medicaid and Medicare markets. It has a 16.07 P/E ratio. The Firm has three divisions: Commercial and Specialty Business, Government Business and Other.

About 501,125 shares traded hands. Anthem Inc (NYSE:ANTM) has declined 6.27% since April 19, 2016 and is downtrending. It has underperformed by 10.13% the S&P500.

According to Zacks Investment Research, “Anthem Inc. is a health care company. The company provides medical products, through its subsidiaries. It operates through Commercial, Consumer and Other segments. The Company offers managed care plans to the large and small employer, individual, Medicaid and senior markets. Anthem, Inc., formerly known as WellPoint, Inc., is headquartered in Indianapolis, Indiana.”

Anthem Inc (NYSE:ANTM) Ratings Coverage

Ratings analysis reveals 47% of Anthem Inc’s analysts are positive. Out of 15 Wall Street analysts rating Anthem Inc, 7 give it “Buy”, 0 “Sell” rating, while 8 recommend “Hold”. The lowest target is $133 while the high is $224. The stock’s average target of $165.20 is 20.69% above today’s ($136.88) share price. ANTM was included in 23 notes of analysts from July 27, 2015. Citigroup initiated the shares of ANTM in a report on Friday, October 2 with “Buy” rating. The company was upgraded on Wednesday, January 20 by Goldman Sachs. The firm has “Outperform” rating by Oppenheimer given on Thursday, July 30. The firm has “Outperform” rating by Bernstein given on Thursday, June 16. JP Morgan initiated the stock with “Overweight” rating in Wednesday, September 16 report. The company was upgraded on Monday, July 27 by Sterne Agee CRT. Leerink Swann maintained the stock with “Outperform” rating in Monday, April 4 report. The firm has “Neutral” rating by JP Morgan given on Monday, October 17. On Thursday, July 30 the stock rating was maintained by RBC Capital Markets with “Outperform”. Wells Fargo upgraded the stock to “Outperform” rating in Tuesday, November 15 report.

ANTM Company Profile

Anthem, Inc., incorporated on July 17, 2001, is a health benefit company. The Firm offers a range of network managed care plans to large and small employer, individual, Medicaid and Medicare markets. The Firm has three divisions: Commercial and Specialty Business, Government Business and Other. The Company’s Commercial and Specialty Business, and Government Business divisions offer managed care products, including preferred well-known provider organizations (PPOs), health maintenance organizations (HMOs), traditional indemnity benefits and point-of-service (POS) plans, as well as various hybrid benefit plans, including consumer-driven health plans (CDHPs), hospital only and limited benefit products. In addition, the Company also provides an array of managed care services to self-funded customers, including claims processing, underwriting, stop loss insurance, actuarial services, well-known provider network access, medical cost management, disease management, wellness programs and other administrative services. The Firm provides an array of specialty and other insurance services and products, such as dental, vision, life and disability insurance benefits, radiology benefit management and analytics-driven personal healthcare. The Firm also provides services to the federal government in connection with the Federal Employee Program (FEP).

More recent Anthem Inc (NYSE:ANTM) news were published by: Bloomberg.com which released: “Anthem and Cigna Set for Court Fight to Save $48 Billion Merger” on November 21, 2016. Also Bloomberg.com published the news titled: “Anthem Threatens Obamacare Retreat If Results Don’t Improve” on November 02, 2016. Prnewswire.com‘s news article titled: “First Data from Boehringer Ingelheim, Anthem and HealthCore Multi-Year Study …” with publication date: November 14, 2016 was also an interesting one.

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By Pete Kolinski


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