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Livingston Group Asset Management Southport Capital Management Has Trimmed Its Anthem Com (ANTM) Stake as Stock Value Declined; Novo (NVO) Stock Declined While Folketrygdfondet Trimmed by $18.29 Million Its Holding

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Livingston Group Asset Management Southport Capital Management decreased its stake in Anthem Inc Com (ANTM) by 81.69% based on its latest 2017Q4 regulatory filing with the SEC. Livingston Group Asset Management Southport Capital Management sold 10,650 shares as the company’s stock declined 2.73% with the market. The institutional investor held 2,387 shares of the health care company at the end of 2017Q4, valued at $537,000, down from 13,037 at the end of the previous reported quarter. Livingston Group Asset Management Southport Capital Management who had been investing in Anthem Inc Com for a number of months, seems to be less bullish one the $59.73B market cap company. The stock increased 0.17% or $0.4 during the last trading session, reaching $234.05. About 402,562 shares traded. Anthem, Inc. (NYSE:ANTM) has risen 35.30% since May 22, 2017 and is uptrending. It has outperformed by 23.75% the S&P500.

Folketrygdfondet decreased its stake in Novo (NVO) by 4.78% based on its latest 2017Q4 regulatory filing with the SEC. Folketrygdfondet sold 345,000 shares as the company’s stock declined 9.08% with the market. The institutional investor held 6.87M shares of the major pharmaceuticals company at the end of 2017Q4, valued at $368.82M, down from 7.22M at the end of the previous reported quarter. Folketrygdfondet who had been investing in Novo for a number of months, seems to be less bullish one the $117.24B market cap company. The stock decreased 0.07% or $0.035 during the last trading session, reaching $48.655. About 477,210 shares traded. Novo Nordisk A/S (NYSE:NVO) has risen 42.07% since May 22, 2017 and is uptrending. It has outperformed by 30.52% the S&P500.

Among 15 analysts covering Novo Nordisk (ADR) (NYSE:NVO), 7 have Buy rating, 0 Sell and 8 Hold. Therefore 47% are positive. Novo Nordisk (ADR) had 21 analyst reports since August 28, 2015 according to SRatingsIntel. The stock has “Market Perform” rating by Leerink Swann on Friday, August 28. UBS upgraded the stock to “Buy” rating in Tuesday, December 6 report. The company was downgraded on Friday, September 9 by JP Morgan. On Monday, October 31 the stock rating was downgraded by Citigroup to “Neutral”. The rating was upgraded by Zacks to “Hold” on Friday, August 28. Piper Jaffray initiated Novo Nordisk A/S (NYSE:NVO) on Friday, September 23 with “Neutral” rating. Bank of America upgraded the shares of NVO in report on Wednesday, September 6 to “Neutral” rating. The stock has “Hold” rating by DNB Markets on Monday, October 31. The company was upgraded on Tuesday, September 13 by BNP Paribas. Morgan Stanley downgraded the stock to “Equal-Weight” rating in Thursday, September 1 report.

More recent Novo Nordisk A/S (NYSE:NVO) news were published by: Globenewswire.com which released: “Report: Developing Opportunities within El Pollo Loco, Chemed, Novo Nordisk A/S, FactSet Research, Fair Isaac, and …” on May 22, 2018. Also Seekingalpha.com published the news titled: “Novo Nordisk: An Objective Analysis” on May 08, 2018. Seekingalpha.com‘s news article titled: “Is Novo Nordisk Undervalued Once Again?” with publication date: April 30, 2018 was also an interesting one.

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 14.07 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.

Livingston Group Asset Management Southport Capital Management, which manages about $220.76M and $263.03M US Long portfolio, upped its stake in Berkshire Hathaway Inc Del Cl B New (BRKB) by 2,686 shares to 4,053 shares, valued at $803,000 in 2017Q4, according to the filing. It also increased its holding in General Electric Co Com (NYSE:GE) by 29,206 shares in the quarter, for a total of 127,469 shares, and has risen its stake in Intel Corp Com (NASDAQ:INTC).

More important recent Anthem, Inc. (NYSE:ANTM) news were published by: Businesswire.com which released: “Anthem Announces Plans to Remain Headquartered in Indianapolis” on May 22, 2018, also Seekingalpha.com published article titled: “Anthem (ANTM) Q1 2018 Results – Earnings Call Transcript”, Seekingalpha.com published: “Anthem Inc.: Good Investment In The Healthcare Industry” on May 16, 2018. More interesting news about Anthem, Inc. (NYSE:ANTM) was released by: Streetinsider.com and their article: “Lawsuit against Express Scripts over Anthem ties dismissed” with publication date: May 22, 2018.

Among 25 analysts covering Anthem Inc (NYSE:ANTM), 18 have Buy rating, 0 Sell and 7 Hold. Therefore 72% are positive. Anthem Inc had 81 analyst reports since July 27, 2015 according to SRatingsIntel. The stock of Anthem, Inc. (NYSE:ANTM) earned “Buy” rating by Cantor Fitzgerald on Wednesday, October 18. The stock has “Outperform” rating by Credit Suisse on Thursday, April 26. As per Thursday, February 1, the company rating was maintained by RBC Capital Markets. The company was maintained on Thursday, October 29 by RBC Capital Markets. The stock of Anthem, Inc. (NYSE:ANTM) has “Equal-Weight” rating given on Thursday, February 1 by Morgan Stanley. The stock of Anthem, Inc. (NYSE:ANTM) earned “Buy” rating by RBC Capital Markets on Wednesday, April 25. On Friday, November 17 the stock rating was maintained by Bank of America with “Buy”. The rating was initiated by Cleveland on Friday, April 8 with “Buy”. On Wednesday, January 20 the stock rating was upgraded by Goldman Sachs to “Buy”. Credit Suisse maintained it with “Buy” rating and $280.0 target in Thursday, February 1 report.

Anthem, Inc. (NYSE:ANTM) Ratings Chart

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