Spinnaker Trust Has Lowered Anthem INC (ANTM) Holding by $3.01 Million

May 25, 2018 - By Marguerite Chambers

Anthem, Inc. (NYSE:ANTM) Logo

Spinnaker Trust decreased its stake in Anthem Inc. (ANTM) by 90.26% based on its latest 2017Q4 regulatory filing with the SEC. Spinnaker Trust sold 13,426 shares as the company’s stock declined 2.73% with the market. The institutional investor held 1,449 shares of the health care company at the end of 2017Q4, valued at $325,000, down from 14,875 at the end of the previous reported quarter. Spinnaker Trust who had been investing in Anthem Inc. for a number of months, seems to be less bullish one the $58.85 billion market cap company. The stock decreased 0.62% or $1.44 during the last trading session, reaching $230.62. About 678,364 shares traded. Anthem, Inc. (NYSE:ANTM) has risen 35.30% since May 25, 2017 and is uptrending. It has outperformed by 23.75% the S&P500.

Analysts await Anthem, Inc. (NYSE:ANTM) to report earnings on July, 25. They expect $4.16 EPS, up 23.44 % or $0.79 from last year’s $3.37 per share. ANTM’s profit will be $1.06 billion for 13.86 P/E if the $4.16 EPS becomes a reality. After $5.41 actual EPS reported by Anthem, Inc. for the previous quarter, Wall Street now forecasts -23.11 % negative EPS growth.

More important recent Anthem, Inc. (NYSE:ANTM) news were published by: Investorplace.com which released: “7 S&P 500 Companies Doing Right for Employees” on May 23, 2018, also Seekingalpha.com published article titled: “Anthem Inc.: Good Investment In The Healthcare Industry”, Fortune.com published: “Term Sheet — Thursday, May 24” on May 24, 2018. More interesting news about Anthem, Inc. (NYSE:ANTM) was released by: Businesswire.com and their article: “Anthem, Inc. to Acquire Aspire Health” with publication date: May 23, 2018.

Anthem, Inc. (NYSE:ANTM) Ratings Coverage

Among 15 analysts covering Anthem Inc (NYSE:ANTM), 13 have Buy rating, 0 Sell and 2 Hold. Therefore 87% are positive. Anthem Inc had 21 analyst reports since December 6, 2017 according to SRatingsIntel. The stock of Anthem, Inc. (NYSE:ANTM) earned “Buy” rating by Bernstein on Thursday, January 25. The firm has “Buy” rating given on Wednesday, April 25 by Cantor Fitzgerald. Credit Suisse maintained Anthem, Inc. (NYSE:ANTM) on Thursday, April 26 with “Outperform” rating. On Wednesday, January 3 the stock rating was upgraded by PiperJaffray to “Overweight”. The firm has “Outperform” rating given on Thursday, February 1 by Wells Fargo. The stock of Anthem, Inc. (NYSE:ANTM) has “Buy” rating given on Wednesday, January 31 by Piper Jaffray. Cantor Fitzgerald maintained Anthem, Inc. (NYSE:ANTM) rating on Thursday, January 18. Cantor Fitzgerald has “Buy” rating and $275.0 target. Credit Suisse maintained the stock with “Buy” rating in Thursday, February 1 report. The company was maintained on Wednesday, January 31 by Cowen & Co. The firm has “Buy” rating by RBC Capital Markets given on Thursday, February 1.

Anthem, Inc. (NYSE:ANTM) Ratings Chart

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