Lpl Financial Has Increased Its Anthem (ANTM) Holding; Meritage Homes (MTH) Covered By 2 Bullish Analysts Last Week

Meritage Homes Corporation (NYSE:MTH) Logo

Lpl Financial Llc increased Anthem Inc (ANTM) stake by 8.8% reported in 2018Q4 SEC filing. Lpl Financial Llc acquired 3,157 shares as Anthem Inc (ANTM)’s stock rose 0.44%. The Lpl Financial Llc holds 39,013 shares with $10.25 million value, up from 35,856 last quarter. Anthem Inc now has $77.88B valuation. The stock decreased 0.54% or $1.65 during the last trading session, reaching $303. About 1.63 million shares traded. Anthem, Inc. (NYSE:ANTM) has risen 26.09% since March 17, 2018 and is uptrending. It has outperformed by 21.72% the S&P500. Some Historical ANTM News: 19/04/2018 – More National Anthem Protests Expected on Saturday – in Spain; 22/05/2018 – WXIA 11: Exclusive: Falcons’ Arthur Blank addresses sports gambling, National Anthem controversies; 23/05/2018 – N.F.L. Teams Will Be Fined for Players’ Anthem Kneeling; 25/04/2018 – Anthem Now Expects 2018 Net Income to Be Greater Than $14.12 Per Share; 16/03/2018 – Football Rumors: Eric Reid Believes Teams Are Shying Away From Him Due To Anthem Protests; 08/03/2018 – Health insurer Cigna to buy Express Scripts for about $53 bln; 23/05/2018 – NFL SAYS IT HAS REACHED NEW POLICY ON NATIONAL ANTHEM PROTESTS, REQUIRING PLAYERS TO STAND AND SHOW RESPECT FOR FLAG; 23/05/2018 – ANTHEM SEES ACQUISITION AS NEUTRAL TO 2018 EARNINGS; 30/03/2018 – FCC Settles Equipment Marketing Investigation with Anthem; 16/05/2018 – CIGNA: NO FIRM EXPRESSED INTEREST IN BUYING IT POST-ANTHEM DEAL

Among 6 analysts covering Meritage Homes (NYSE:MTH), 2 have Buy rating, 1 Sell and 3 Hold. Therefore 33% are positive. Meritage Homes had 13 analyst reports since September 21, 2018 according to SRatingsIntel. Evercore upgraded it to “Outperform” rating and $43 target in Thursday, October 25 report. JP Morgan downgraded Meritage Homes Corporation (NYSE:MTH) on Friday, September 21 to “Neutral” rating. The firm earned “Buy” rating on Friday, January 4 by Citigroup. The stock of Meritage Homes Corporation (NYSE:MTH) has “Sell” rating given on Thursday, March 7 by J.P. Morgan. The stock of Meritage Homes Corporation (NYSE:MTH) earned “Neutral” rating by Wedbush on Tuesday, March 5. The stock has “Market Outperform” rating by JMP Securities on Thursday, October 11. The firm has “Market Perform” rating by JMP Securities given on Friday, February 1. The firm earned “Neutral” rating on Wednesday, October 17 by Credit Suisse. The firm has “Neutral” rating given on Friday, February 1 by Citigroup. The stock of Meritage Homes Corporation (NYSE:MTH) has “Neutral” rating given on Thursday, January 10 by Wedbush. See Meritage Homes Corporation (NYSE:MTH) latest ratings:

07/03/2019 Broker: J.P. Morgan Rating: Sell New Target: $36 Downgrade
07/03/2019 Broker: JP Morgan Old Rating: Neutral New Rating: Underweight Downgrade
06/03/2019 Broker: JMP Securities Rating: Hold Maintain
05/03/2019 Broker: Wedbush Old Rating: Neutral New Rating: Neutral Old Target: $41 New Target: $39 Maintain
01/02/2019 Broker: JMP Securities Old Rating: Outperform New Rating: Market Perform Downgrade
01/02/2019 Broker: Citigroup Old Rating: Buy New Rating: Neutral Downgrade
10/01/2019 Broker: Wedbush Old Rating: Outperform New Rating: Neutral New Target: $41 Downgrade
04/01/2019 Broker: Citigroup Old Rating: Buy New Rating: Buy Old Target: $47 New Target: $45 Maintain
25/10/2018 Broker: Evercore Old Rating: In-Line New Rating: Outperform Old Target: $47 New Target: $43 Upgrade
22/10/2018 Broker: Deutsche Bank Old Rating: Hold New Rating: Buy Upgrade

More news for Anthem, Inc. (NYSE:ANTM) were recently published by: Seekingalpha.com, which released: “6 Health Services Stocks Offering Growth At A Reasonable Price: Part 10 – Seeking Alpha” on March 14, 2019. 247Wallst.com‘s article titled: “Morgan Stanley Picks 30 Stocks for 2021 – 24/7 Wall St.” and published on March 15, 2019 is yet another important article.

Lpl Financial Llc decreased Corning Inc (NYSE:GLW) stake by 22,767 shares to 219,254 valued at $6.62M in 2018Q4. It also reduced Micron Technology Inc (NASDAQ:MU) stake by 60,461 shares and now owns 225,379 shares. Invesco Exchng Traded Fd Tr was reduced too.

Among 11 analysts covering Anthem (NYSE:ANTM), 10 have Buy rating, 0 Sell and 1 Hold. Therefore 91% are positive. Anthem had 18 analyst reports since November 1, 2018 according to SRatingsIntel. The firm has “Buy” rating given on Thursday, February 21 by Morgan Stanley. The stock of Anthem, Inc. (NYSE:ANTM) earned “Neutral” rating by Citigroup on Tuesday, November 6. The rating was maintained by Morgan Stanley with “Overweight” on Thursday, January 31. The firm has “Outperform” rating by Credit Suisse given on Friday, March 8. The firm earned “Outperform” rating on Thursday, November 1 by BMO Capital Markets. The rating was maintained by Stephens with “Buy” on Wednesday, March 6. Barclays Capital maintained the shares of ANTM in report on Thursday, November 1 with “Overweight” rating. Cantor Fitzgerald maintained Anthem, Inc. (NYSE:ANTM) rating on Thursday, March 7. Cantor Fitzgerald has “Buy” rating and $360 target. As per Thursday, January 3, the company rating was upgraded by Evercore. The rating was maintained by Cowen & Co on Friday, March 8 with “Buy”.

Meritage Homes Corporation designs and manufactures single-family homes in the United States. The company has market cap of $1.65 billion. The firm operates through two divisions, Homebuilding and Financial Services. It has a 7.73 P/E ratio. It acquires and develops land; and constructs, markets, and sells homes for various homebuyers, including first-time, move-up, active adult, and luxury under the Meritage Homes and Monterey Homes brand names.

Investors sentiment increased to 1.3 in 2018 Q4. Its up 0.36, from 0.94 in 2018Q3. It is positive, as 26 investors sold Meritage Homes Corporation shares while 40 reduced holdings. 27 funds opened positions while 59 raised stakes. 36.76 million shares or 2.21% less from 37.59 million shares in 2018Q3 were reported. Jpmorgan Chase & Co has 30,366 shares for 0% of their portfolio. Gabelli Funds Limited Liability Co holds 0.04% of its portfolio in Meritage Homes Corporation (NYSE:MTH) for 150,000 shares. Emerald Mutual Fund Advisers reported 435,296 shares. Cim Inv Mangement has invested 0.11% in Meritage Homes Corporation (NYSE:MTH). Oppenheimer Asset Mgmt Inc has invested 0.03% in Meritage Homes Corporation (NYSE:MTH). The Georgia-based Earnest Partners Limited Liability Co has invested 0.82% in Meritage Homes Corporation (NYSE:MTH). Bridgeway Capital, a Texas-based fund reported 66,442 shares. American International Gru Inc holds 29,516 shares. Indexiq Ltd Liability Corporation stated it has 46,445 shares. Victory Management stated it has 0% of its portfolio in Meritage Homes Corporation (NYSE:MTH). Prudential Financial Inc stated it has 0.03% in Meritage Homes Corporation (NYSE:MTH). Pinebridge Investments Lp accumulated 30,917 shares. Teachers Retirement System Of The State Of Kentucky holds 12,815 shares or 0.01% of its portfolio. Commonwealth Retail Bank Of Aus reported 6,100 shares. Invesco Limited stated it has 92,431 shares.

More notable recent Meritage Homes Corporation (NYSE:MTH) news were published by: Finance.Yahoo.com which released: “Should You Be Concerned About Meritage Homes Corporation’s (NYSE:MTH) Historical Volatility? – Yahoo Finance” on March 01, 2019, also Gurufocus.com with their article: “Feb 15, 2019 – Meritage Homes Corp (MTH) Files 10-K for the Fiscal Year Ended on December 31, 2018 – GuruFocus.com” published on February 15, 2019, Benzinga.com published: “Benzinga’s Top Upgrades, Downgrades For March 7, 2019 – Benzinga” on March 07, 2019. More interesting news about Meritage Homes Corporation (NYSE:MTH) were released by: 247Wallst.com and their article: “Top Analyst Upgrades and Downgrades: Abercrombie, BHP, Coca-Cola, Monster Beverage, Procter & Gamble, Rio Tinto, Toll Brothers and More – 24/7 Wall St.” published on March 07, 2019 as well as Seekingalpha.com‘s news article titled: “Long Century Communities: Homebuilders Are Significantly Undervalued – Seeking Alpha” with publication date: March 12, 2019.

The stock decreased 0.53% or $0.23 during the last trading session, reaching $43.16. About 775,690 shares traded or 65.69% up from the average. Meritage Homes Corporation (NYSE:MTH) has risen 3.47% since March 17, 2018 and is uptrending. It has underperformed by 0.90% the S&P500. Some Historical MTH News: 28/03/2018 – Meritage Capital to Join Brown Advisory; 13/03/2018 Meritage Homes Closes Above 200-Day Moving Average: Technicals; 18/05/2018 – Meritage Announces Results of 2018 Annual Meeting; 08/05/2018 – NATIONAL BANK TO CUT FEES ON SOME NBI FUNDS,MERITAGE PORTFOLIOS; 19/04/2018 – FTC: 20181034: Meritage Co-Investors LLC SERIES 3; Michael Bjerke; 14/05/2018 – Meritage Homes Presenting at JPMorgan Conference Tomorrow; 16/03/2018 – Meritage Homes Announces Closing of Additional $200 Million of 6.00% Senior Unsecured Notes Due 2025; 25/04/2018 – MERITAGE HOMES 1Q EPS $1.07, EST. 73C; 25/04/2018 – Meritage 1Q EPS $1.07; 22/03/2018 – CHINA NATIONAL BUILDING MATERIAL -BEIJING NEW BUILDING MATERIAL AND TAISHAN HAVE JOINTLY REACHED SETTLEMENT WITH MERITAGE HOMES OF FLORIDA

Since November 6, 2018, it had 1 insider buy, and 7 selling transactions for $1.85 million activity. 10,000 Meritage Homes Corporation (NYSE:MTH) shares with value of $379,040 were bought by BRADFORD DANA. On Tuesday, November 27 the insider HADDOCK GERALD W sold $189,400. The insider Sferruzza Hilla sold $33,043. Another trade for 537 shares valued at $24,165 was made by Lord Phillippe on Wednesday, February 13. 19,500 shares were sold by WHITE C TIMOTHY, worth $878,865 on Monday, February 4. Feliciano Javier had sold 946 shares worth $34,680.

Meritage Homes Corporation (NYSE:MTH) Institutional Positions Chart