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Elevance Health sees big investor stakes rise, reports strong earnings, and announces a hefty dividend.
Elevance Health, a U.S. health benefits company, saw several institutional investors increase their stakes, including a $111,000 investment from Kohmann Bosshard Financial Services and an $83.78 million position from Marathon Asset Management.
Elevance reported EPS of $3.84, beating estimates, and announced a $1.71 quarterly dividend, yielding 1.72%.
The company has a market cap of $90.28 billion and analysts rate it a "Moderate Buy" with a target price of $517.03.
2 months ago
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