Hamlin Capital Management Upped Its Fnb Pa (FNB) Position by $15.85 Million as Market Valuation Declined; Anthem (ANTM) Market Value Rose While Beaconlight Capital Has Decreased Its Stake by $2.61 Million

December 8, 2017 - By Linda Rogers

Ed Bosek decreased its stake in Anthem Inc (ANTM) by 36.87% based on its latest 2017Q2 regulatory filing with the SEC. Beaconlight Capital Llc sold 13,900 shares as the company’s stock rose 10.08% with the market. The hedge fund run by Ed Bosek held 23,800 shares of the health care company at the end of 2017Q2, valued at $4.48 million, down from 37,700 at the end of the previous reported quarter. Beaconlight Capital Llc who had been investing in Anthem Inc for a number of months, seems to be less bullish one the $57.42B market cap company. The stock increased 0.42% or $0.93 during the last trading session, reaching $223.64. About 1.22M shares traded. Anthem, Inc. (NYSE:ANTM) has risen 31.86% since December 8, 2016 and is uptrending. It has outperformed by 15.16% the S&P500.

Hamlin Capital Management Llc increased its stake in Fnb Corp Pa (FNB) by 32.46% based on its latest 2017Q2 regulatory filing with the SEC. Hamlin Capital Management Llc bought 1.13 million shares as the company’s stock declined 13.66% while stock markets rallied. The institutional investor held 4.62 million shares of the major banks company at the end of 2017Q2, valued at $65.42 million, up from 3.49M at the end of the previous reported quarter. Hamlin Capital Management Llc who had been investing in Fnb Corp Pa for a number of months, seems to be bullish on the $4.57 billion market cap company. The stock increased 0.71% or $0.1 during the last trading session, reaching $14.13. About 1.65M shares traded. F.N.B. Corporation (NYSE:FNB) has risen 4.28% since December 8, 2016 and is uptrending. It has underperformed by 12.42% the S&P500.

More notable recent Anthem, Inc. (NYSE:ANTM) news were published by: Moodys.com which released: “Moody’s rates Anthem’s senior notes Baa2; outlook stable” on November 14, 2017, also Globenewswire.com with their article: “Anthem Inc. Issues Positive Coverage Decision for Balloon Sinus Dilation” published on November 13, 2017, Nasdaq.com published: “Anthem, Inc. (ANTM) Ex-Dividend Date Scheduled for December 04, 2017” on December 01, 2017. More interesting news about Anthem, Inc. (NYSE:ANTM) were released by: Businesswire.com and their article: “Anthem’s Board Welcomes Antonio Neri as New Director” published on December 07, 2017 as well as Businesswire.com‘s news article titled: “AM Best Assigns Indicative Issue Credit Ratings to Anthem, Inc.’s New Shelf …” with publication date: December 04, 2017.

Among 23 analysts covering Anthem Inc (NYSE:ANTM), 12 have Buy rating, 0 Sell and 11 Hold. Therefore 52% are positive. Anthem Inc has $300 highest and $133 lowest target. $193.21’s average target is -13.61% below currents $223.64 stock price. Anthem Inc had 61 analyst reports since July 27, 2015 according to SRatingsIntel. JP Morgan downgraded Anthem, Inc. (NYSE:ANTM) on Monday, October 17 to “Neutral” rating. The stock of Anthem, Inc. (NYSE:ANTM) has “Equal-Weight” rating given on Wednesday, June 7 by Morgan Stanley. The firm earned “Buy” rating on Thursday, July 27 by RBC Capital Markets. On Tuesday, May 30 the stock rating was maintained by RBC Capital Markets with “Buy”. Jefferies downgraded the shares of ANTM in report on Tuesday, September 13 to “Hold” rating. The rating was maintained by Jefferies with “Buy” on Friday, January 8. The company was maintained on Friday, September 1 by RBC Capital Markets. The rating was initiated by JP Morgan on Wednesday, September 16 with “Overweight”. The stock of Anthem, Inc. (NYSE:ANTM) has “Buy” rating given on Friday, October 2 by Citigroup. The company was upgraded on Wednesday, January 20 by Goldman Sachs.

Analysts await Anthem, Inc. (NYSE:ANTM) to report earnings on February, 7. They expect $1.25 earnings per share, down 28.98% or $0.51 from last year’s $1.76 per share. ANTM’s profit will be $320.95 million for 44.73 P/E if the $1.25 EPS becomes a reality. After $2.65 actual earnings per share reported by Anthem, Inc. for the previous quarter, Wall Street now forecasts -52.83% negative EPS growth.

Among 10 analysts covering F.N.B. Corporation (NYSE:FNB), 8 have Buy rating, 0 Sell and 2 Hold. Therefore 80% are positive. F.N.B. Corporation has $19 highest and $13 lowest target. $16.93’s average target is 19.82% above currents $14.13 stock price. F.N.B. Corporation had 24 analyst reports since July 28, 2015 according to SRatingsIntel. As per Friday, September 22, the company rating was maintained by Keefe Bruyette & Woods. The rating was maintained by Keefe Bruyette & Woods on Monday, June 5 with “Hold”. The firm earned “Hold” rating on Tuesday, October 3 by Keefe Bruyette & Woods. The rating was maintained by Keefe Bruyette & Woods on Thursday, October 19 with “Hold”. The firm has “Buy” rating given on Friday, June 9 by Jefferies. FBR Capital maintained the stock with “Mkt Perform” rating in Friday, October 21 report. Keefe Bruyette & Woods maintained F.N.B. Corporation (NYSE:FNB) on Thursday, July 20 with “Hold” rating. The firm has “Buy” rating given on Friday, September 15 by Jefferies. As per Friday, August 11, the company rating was maintained by Jefferies. The stock has “Overweight” rating by JP Morgan on Tuesday, May 23.

More notable recent F.N.B. Corporation (NYSE:FNB) news were published by: Bizjournals.com which released: “Yadkin, FNB fight back gender and age discrimination accusations in filing” on November 22, 2017, also Seekingalpha.com with their article: “A Fundamental Analysis Of FNB Corp.” published on August 29, 2017, Seekingalpha.com published: “First National Bancorp: Discounted Multiple, Comparable Growth, Higher Yield” on December 07, 2017. More interesting news about F.N.B. Corporation (NYSE:FNB) were released by: Bizjournals.com and their article: “Filling the gap: Local banks develop ways to fight war for talent” published on December 07, 2017 as well as Bizjournals.com‘s news article titled: “FNB selling former branches via online auction” with publication date: November 22, 2017.

Hamlin Capital Management Llc, which manages about $2.70B and $2.40 billion US Long portfolio, decreased its stake in Abbvie Inc (NYSE:ABBV) by 10,071 shares to 1.23 million shares, valued at $89.54 million in 2017Q2, according to the filing. It also reduced its holding in Spectra Energy Partners Lp (NYSE:SEP) by 14,149 shares in the quarter, leaving it with 1.54 million shares, and cut its stake in Eaton Corp Plc (NYSE:ETN).

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