Elevance Health, Inc. $ELV Position Trimmed by Bokf Na

by · The Cerbat Gem

Bokf Na trimmed its holdings in shares of Elevance Health, Inc. (NYSE:ELVFree Report) by 61.5% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 2,941 shares of the company’s stock after selling 4,704 shares during the quarter. Bokf Na’s holdings in Elevance Health were worth $1,031,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the business. Murphy Middleton Hinkle & Parker Inc. acquired a new position in Elevance Health in the fourth quarter valued at about $5,941,000. Evergreen Wealth Management LLC boosted its position in Elevance Health by 33.5% in the third quarter. Evergreen Wealth Management LLC now owns 17,283 shares of the company’s stock valued at $5,584,000 after buying an additional 4,336 shares in the last quarter. Blume Capital Management Inc. boosted its position in Elevance Health by 236.7% in the third quarter. Blume Capital Management Inc. now owns 6,145 shares of the company’s stock valued at $1,986,000 after buying an additional 4,320 shares in the last quarter. Victory Capital Management Inc. boosted its position in Elevance Health by 31.1% in the third quarter. Victory Capital Management Inc. now owns 461,693 shares of the company’s stock valued at $149,182,000 after buying an additional 109,462 shares in the last quarter. Finally, Caprock Group LLC acquired a new position in Elevance Health in the third quarter valued at about $1,638,000. 89.24% of the stock is currently owned by institutional investors.

Trending Headlines about Elevance Health

Here are the key news stories impacting Elevance Health this week:

  • Positive Sentiment: Elevance beat first-quarter expectations and raised EPS guidance, which is helping support investor confidence in the company’s near-term outlook. A Look At Elevance Health (ELV) Valuation After Q1 Beat And Raised EPS Guidance
  • Positive Sentiment: Zacks Research lifted FY2026 EPS estimates to $26.79 from $25.53, matching the consensus estimate and signaling stronger expected earnings this year.
  • Positive Sentiment: Zacks also raised FY2027 EPS estimates to $28.51 from $28.40, and increased its Q2 2027 forecast to $7.23 from $7.20, suggesting analysts still see healthy longer-term profitability.

Elevance Health Price Performance

ELV opened at $377.66 on Friday. The company has a quick ratio of 1.48, a current ratio of 1.48 and a debt-to-equity ratio of 0.70. Elevance Health, Inc. has a 12 month low of $273.71 and a 12 month high of $424.24. The company has a fifty day simple moving average of $312.92 and a 200 day simple moving average of $332.13. The stock has a market cap of $82.01 billion, a P/E ratio of 16.06, a P/E/G ratio of 2.12 and a beta of 0.66.

Elevance Health (NYSE:ELVGet Free Report) last released its quarterly earnings data on Wednesday, April 22nd. The company reported $12.58 EPS for the quarter, beating analysts’ consensus estimates of $10.74 by $1.84. Elevance Health had a net margin of 2.62% and a return on equity of 15.58%. The business had revenue of $49.49 billion during the quarter, compared to analysts’ expectations of $48.21 billion. During the same quarter in the prior year, the company earned $11.97 EPS. The firm’s quarterly revenue was up 1.5% on a year-over-year basis. Elevance Health has set its FY 2026 guidance at 19.850- EPS. On average, research analysts expect that Elevance Health, Inc. will post 26.79 EPS for the current year.

Elevance Health Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 25th. Stockholders of record on Wednesday, June 10th will be given a dividend of $1.72 per share. The ex-dividend date of this dividend is Wednesday, June 10th. This represents a $6.88 annualized dividend and a dividend yield of 1.8%. Elevance Health’s dividend payout ratio is currently 29.26%.

Analyst Ratings Changes

ELV has been the topic of a number of recent analyst reports. Citigroup upgraded shares of Elevance Health to a “buy” rating in a research report on Wednesday, April 29th. Bank of America upgraded shares of Elevance Health from a “neutral” rating to a “buy” rating and boosted their price target for the company from $405.00 to $435.00 in a research report on Wednesday, April 29th. JPMorgan Chase & Co. boosted their price target on shares of Elevance Health from $397.00 to $411.00 and gave the company an “overweight” rating in a research report on Tuesday, April 28th. Sanford C. Bernstein boosted their price target on shares of Elevance Health from $384.00 to $424.00 and gave the company an “outperform” rating in a research report on Friday, April 24th. Finally, Wells Fargo & Company reduced their price target on shares of Elevance Health from $424.00 to $391.00 and set an “overweight” rating on the stock in a research report on Friday, January 30th. Thirteen equities research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $384.58.

Read Our Latest Analysis on ELV

Elevance Health Company Profile

(Free Report)

Elevance Health, Inc (NYSE: ELV) is a large U.S.-based health benefits company that provides a broad range of health insurance products and related services. Headquartered in Indianapolis, the company rebranded from Anthem, Inc to Elevance Health in 2022 while continuing to operate consumer-facing health plans under established state and national brands. Gail Boudreaux serves as chief executive officer and president, leading the company’s strategic focus on integrated health care and benefit delivery.

Elevance’s core activities include offering medical and specialty health plans for individuals, employers and government programs, including Medicare and Medicaid managed-care products.

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