Aqr Capital Management LLC Position in Anthem INC (ANTM) Has Decreased by $99.04 Million

Anthem, Inc. (NYSE:ANTM) Logo

Aqr Capital Management Llc decreased its stake in Anthem Inc (ANTM) by 11.81% based on its latest 2019Q1 regulatory filing with the SEC. Aqr Capital Management Llc sold 349,974 shares as the company’s stock declined 15.39% while stock markets rallied. The hedge fund held 2.61 million shares of the health care company at the end of 2019Q1, valued at $740.47 million, down from 2.96M at the end of the previous reported quarter. Aqr Capital Management Llc who had been investing in Anthem Inc for a number of months, seems to be less bullish one the $79.85B market cap company. The stock increased 2.17% or $6.6 during the last trading session, reaching $310.48. About 1.98 million shares traded or 0.97% up from the average. Anthem, Inc. (NYSE:ANTM) has risen 11.34% since July 14, 2018 and is uptrending. It has outperformed by 6.91% the S&P500.

Aqr Capital Management Llc, which manages about $94.26B US Long portfolio, upped its stake in Aes Corp (NYSE:AES) by 4.52M shares to 10.58M shares, valued at $191.21M in 2019Q1, according to the filing. It also increased its holding in Nuvasive Inc (NASDAQ:NUVA) by 116,901 shares in the quarter, for a total of 152,403 shares, and has risen its stake in Eastman Chemical Co (NYSE:EMN).

Analysts await Anthem, Inc. (NYSE:ANTM) to report earnings on July, 24. They expect $4.62 EPS, up 8.71 % or $0.37 from last year’s $4.25 per share. ANTM’s profit will be $1.19 billion for 16.80 P/E if the $4.62 EPS becomes a reality. After $6.03 actual EPS reported by Anthem, Inc. for the previous quarter, Wall Street now forecasts -23.38 % negative EPS growth.

More notable recent Anthem, Inc. (NYSE:ANTM) news were published by: Benzinga.com which released: “Stock Market Eyes Records On Dovish Commentary From Federal Reserve – Benzinga” on July 12, 2019, also Seekingalpha.com with their article: “Goldman Closes Above 210; Breakout Confirmed – Square And Others In Breakout Bonanza – Seeking Alpha” published on July 12, 2019, Investorplace.com published: “7 Stocks to Buy for a Dovish Fed – Investorplace.com” on June 25, 2019. More interesting news about Anthem, Inc. (NYSE:ANTM) were released by: Finance.Yahoo.com and their article: “With A Return On Equity Of 13%, Has Anthem, Inc.’s (NYSE:ANTM) Management Done Well? – Yahoo Finance” published on June 09, 2019 as well as Finance.Yahoo.com‘s news article titled: “You Have To Love Anthem, Inc.’s (NYSE:ANTM) Dividend – Yahoo Finance” with publication date: May 20, 2019.

Anthem, Inc. (NYSE:ANTM) Ratings Coverage

Among 8 analysts covering Anthem (NYSE:ANTM), 8 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Anthem had 16 analyst reports since January 24, 2019 according to SRatingsIntel. Cowen & Co maintained Anthem, Inc. (NYSE:ANTM) on Friday, March 8 with “Buy” rating. As per Friday, March 8, the company rating was maintained by Barclays Capital. Morgan Stanley maintained it with “Buy” rating and $391 target in Thursday, February 21 report. As per Wednesday, April 17, the company rating was maintained by Barclays Capital. Cantor Fitzgerald maintained the shares of ANTM in report on Thursday, March 7 with “Buy” rating. The stock has “Buy” rating by BMO Capital Markets on Friday, March 8. Credit Suisse maintained it with “Outperform” rating and $368 target in Friday, March 8 report. Stephens maintained the shares of ANTM in report on Wednesday, March 6 with “Buy” rating. The stock of Anthem, Inc. (NYSE:ANTM) earned “Overweight” rating by Morgan Stanley on Thursday, January 31.

Anthem, Inc. (NYSE:ANTM) Ratings Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.