Anthem (ANTM) Holder Auxier Asset Management Lowered Holding by $340,200; First Pacific Advisors Lifted Its Allegiant Travel Co (ALGT) Stake by $29.24 Million

January 23, 2018 - By Adrian Mccoy

Auxier Asset Management decreased its stake in Anthem Inc. (ANTM) by 3.45% based on its latest 2017Q3 regulatory filing with the SEC. Auxier Asset Management sold 1,800 shares as the company’s stock rose 10.08% with the market. The institutional investor held 50,319 shares of the health care company at the end of 2017Q3, valued at $9.56M, down from 52,119 at the end of the previous reported quarter. Auxier Asset Management who had been investing in Anthem Inc. for a number of months, seems to be less bullish one the $64.32 billion market cap company. The stock increased 0.18% or $0.44 during the last trading session, reaching $250.5. About 1.27 million shares traded. Anthem, Inc. (NYSE:ANTM) has risen 31.86% since January 23, 2017 and is uptrending. It has outperformed by 15.16% the S&P500.

Robert Rodriguez increased its stake in Allegiant Travel Co (ALGT) by 150.36% based on its latest 2017Q3 regulatory filing with the SEC. First Pacific Advisors Llc bought 223,212 shares as the company’s stock declined 16.77% while stock markets rallied. The hedge fund run by Robert Rodriguez held 371,662 shares of the air freight and delivery services company at the end of 2017Q3, valued at $48.95M, up from 148,450 at the end of the previous reported quarter. First Pacific Advisors Llc who had been investing in Allegiant Travel Co for a number of months, seems to be bullish on the $2.70B market cap company. The stock decreased 0.36% or $0.6 during the last trading session, reaching $167.7. About 207,897 shares traded or 42.46% up from the average. Allegiant Travel Company (NASDAQ:ALGT) has risen 1.38% since January 23, 2017 and is uptrending. It has underperformed by 15.32% the S&P500.

Among 24 analysts covering Anthem Inc (NYSE:ANTM), 14 have Buy rating, 0 Sell and 10 Hold. Therefore 58% are positive. Anthem Inc had 65 analyst reports since July 27, 2015 according to SRatingsIntel. The rating was downgraded by JP Morgan on Monday, October 17 to “Neutral”. The firm has “Outperform” rating by RBC Capital Markets given on Thursday, July 30. FBR Capital maintained it with “Mkt Perform” rating and $162 target in Thursday, October 29 report. The stock has “Outperform” rating by Wells Fargo on Tuesday, November 15. The stock of Anthem, Inc. (NYSE:ANTM) earned “Outperform” rating by RBC Capital Markets on Thursday, February 2. The stock has “Buy” rating by Cleveland on Friday, April 8. The rating was maintained by RBC Capital Markets with “Buy” on Thursday, July 27. As per Friday, January 8, the company rating was maintained by Jefferies. Citigroup initiated the shares of ANTM in report on Friday, October 2 with “Buy” rating. The stock of Anthem, Inc. (NYSE:ANTM) has “Buy” rating given on Friday, January 12 by Jefferies.

Analysts await Anthem, Inc. (NYSE:ANTM) to report earnings on February, 7. They expect $1.25 EPS, down 28.98% or $0.51 from last year’s $1.76 per share. ANTM’s profit will be $320.95M for 50.10 P/E if the $1.25 EPS becomes a reality. After $2.65 actual EPS reported by Anthem, Inc. for the previous quarter, Wall Street now forecasts -52.83% negative EPS growth.

Auxier Asset Management, which manages about $647.08M and $492.42 million US Long portfolio, upped its stake in American International Group (NYSE:AIG) by 28,023 shares to 80,373 shares, valued at $4.93 million in 2017Q3, according to the filing.

First Pacific Advisors Llc, which manages about $28.26B and $13.02 billion US Long portfolio, decreased its stake in Spx Corp (SPW) by 15,351 shares to 11,529 shares, valued at $338,000 in 2017Q3, according to the filing. It also reduced its holding in Cardinal Health Inc. (NYSE:CAH) by 9,300 shares in the quarter, leaving it with 43,000 shares, and cut its stake in Amerisourcebergen Corp (NYSE:ABC).

Among 14 analysts covering Allegiant Travel (NASDAQ:ALGT), 5 have Buy rating, 1 Sell and 8 Hold. Therefore 36% are positive. Allegiant Travel had 49 analyst reports since July 22, 2015 according to SRatingsIntel. The firm has “Buy” rating by Bank of America given on Tuesday, January 9. Cowen & Co maintained Allegiant Travel Company (NASDAQ:ALGT) on Friday, December 1 with “Hold” rating. Credit Suisse maintained it with “Neutral” rating and $169 target in Tuesday, April 12 report. Imperial Capital maintained it with “Outperform” rating and $196 target in Tuesday, November 22 report. Imperial Capital initiated Allegiant Travel Company (NASDAQ:ALGT) on Friday, October 7 with “Outperform” rating. On Friday, October 28 the stock rating was maintained by Imperial Capital with “Outperform”. The firm has “Market Perform” rating by Cowen & Co given on Thursday, July 30. The stock has “Buy” rating by Deutsche Bank on Thursday, December 21. The stock of Allegiant Travel Company (NASDAQ:ALGT) has “Market Perform” rating given on Wednesday, February 1 by Cowen & Co. The firm has “Mkt Perform” rating by Raymond James given on Monday, November 30.

Since October 27, 2017, it had 0 insider buys, and 2 sales for $31.27 million activity. GALLAGHER MAURICE J JR had sold 182,182 shares worth $30.46M.

Investors sentiment decreased to 0.8 in Q3 2017. Its down 0.42, from 1.22 in 2017Q2. It is negative, as 28 investors sold ALGT shares while 61 reduced holdings. 22 funds opened positions while 49 raised stakes. 13.79 million shares or 4.93% more from 13.14 million shares in 2017Q2 were reported. 2,376 are held by Tower Llc (Trc). Jpmorgan Chase & holds 4,955 shares. Aqr Mgmt Ltd owns 0% invested in Allegiant Travel Company (NASDAQ:ALGT) for 14,315 shares. Arizona State Retirement System reported 0.01% in Allegiant Travel Company (NASDAQ:ALGT). Globeflex Limited Partnership holds 0.12% or 3,315 shares in its portfolio. State Street Corp holds 0% or 342,244 shares in its portfolio. 404,441 were reported by Diamond Hill Cap Mgmt Inc. 10,306 are held by American International Grp. Victory Cap Mgmt owns 5,267 shares. National Bank & Trust Of Ny Mellon holds 0.01% or 214,158 shares in its portfolio. Sg Americas Securities Limited Com invested in 6,371 shares. Lpl Fincl Ltd Liability invested in 1,834 shares. Moreover, Aperio Gru Limited Liability has 0% invested in Allegiant Travel Company (NASDAQ:ALGT). California State Teachers Retirement Systems holds 0.01% or 20,268 shares in its portfolio. Swiss Bancshares has 0% invested in Allegiant Travel Company (NASDAQ:ALGT) for 6,728 shares.

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