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Elevance Health

403.60 USD
+6.12
1.54%
At close Nov 21, 4:00 PM EST
After hours
403.60
+0.00
0.00%
1 day
1.54%
5 days
-0.35%
1 month
-4.42%
3 months
-25.58%
6 months
-26.03%
Year to date
-15.71%
1 year
-14.24%
5 years
37.41%
10 years
212.48%
 

About: Elevance Health remains one of the leading health insurers in the U.S., providing medical benefits to 47 million medical members as of December 2023. The company offers employer, individual, and government-sponsored coverage plans. Elevance differs from its peers in its unique position as the largest single provider of Blue Cross Blue Shield branded coverage, operating as the licensee for the Blue Cross Blue Shield Association in 14 states. Through acquisitions, such as the Amerigroup deal in 2012 and MMM in 2021, Elevance's reach expands beyond those states through government-sponsored programs such as Medicaid and Medicare Advantage plans, too.

Employees: 104,900

0
Funds holding %
of 6,747 funds
0
Analysts bullish %
of 14 analysts

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

12% more repeat investments, than reductions

Existing positions increased: 652 | Existing positions reduced: 581

4% less call options, than puts

Call options by funds: $620M | Put options by funds: $645M

2% less funds holding

Funds holding: 1,672 [Q2] → 1,636 (-36) [Q3]

3.39% less ownership

Funds ownership: 90.69% [Q2] → 87.3% (-3.39%) [Q3]

4% less funds holding in top 10

Funds holding in top 10: 52 [Q2] → 50 (-2) [Q3]

8% less capital invested

Capital invested by funds: $114B [Q2] → $104B (-$9.67B) [Q3]

21% less first-time investments, than exits

New positions opened: 133 | Existing positions closed: 169

Research analyst outlook

14 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$478
18%
upside
Avg. target
$544
35%
upside
High target
$622
54%
upside

14 analyst ratings

14 positive
100%
neutral
0%
negative
0%
Mizuho
Ann Hynes
0 / 0 met price target
25%upside
$505
Outperform
Maintained
5 Nov 2024
Wells Fargo
Stephen Baxter
0 / 0 met price target
23%upside
$495
Overweight
Maintained
4 Nov 2024
Morgan Stanley
Erin Wright
0 / 0 met price target
37%upside
$551
Overweight
Maintained
23 Oct 2024
Barclays
Andrew Mok
0 / 0 met price target
24%upside
$501
Overweight
Maintained
22 Oct 2024
TD Cowen
Ryan Langston
0 / 0 met price target
20%upside
$484
Buy
Maintained
21 Oct 2024

Financial journalist opinion

Based on 10 articles about ELV published over the past 30 days

Charts implemented using Lightweight Charts™