Major investors shift holdings in Elevance Health as its stock faces mixed signals.

Several major investors have adjusted their holdings in Elevance Health, with Wishbone Management LP reducing its stake by 9.8% and other firms like Pathway Financial Advisers LLC and International Assets Investment Management LLC significantly increasing theirs. The company's shares have a market cap of $93.42 billion. Elevance Health's recent earnings report missed analysts' estimates, and the company has declared a quarterly dividend. Analysts have an average "Moderate Buy" rating on the stock.

November 28, 2024
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