Bank Of The West Lifted Its Anthem (ANTM) Stake; Shorts at Meritage Homes (MTH) Raised By 15.58%

February 23, 2018 - By wolcottdaily

Meritage Homes Corporation (NYSE:MTH) had an increase of 15.58% in short interest. MTH’s SI was 1.32M shares in February as released by FINRA. Its up 15.58% from 1.14M shares previously. With 407,400 avg volume, 3 days are for Meritage Homes Corporation (NYSE:MTH)’s short sellers to cover MTH’s short positions. The SI to Meritage Homes Corporation’s float is 3.47%. The stock decreased 0.65% or $0.3 during the last trading session, reaching $45.8. About 398,481 shares traded. Meritage Homes Corporation (NYSE:MTH) has risen 18.92% since February 23, 2017 and is uptrending. It has outperformed by 2.22% the S&P500.

Bank Of The West increased Anthem Inc (ANTM) stake by 32.55% reported in 2017Q3 SEC filing. Bank Of The West acquired 7,912 shares as Anthem Inc (ANTM)’s stock rose 10.08%. The Bank Of The West holds 32,217 shares with $6.12M value, up from 24,305 last quarter. Anthem Inc now has $59.76B valuation. The stock increased 0.71% or $1.65 during the last trading session, reaching $233.68. About 1.02M shares traded. Anthem, Inc. (NYSE:ANTM) has risen 31.86% since February 23, 2017 and is uptrending. It has outperformed by 15.16% the S&P500.




Among 24 analysts covering Anthem Inc (NYSE:ANTM), 15 have Buy rating, 0 Sell and 9 Hold. Therefore 63% are positive. Anthem Inc had 73 analyst reports since July 27, 2015 according to SRatingsIntel. Credit Suisse maintained Anthem, Inc. (NYSE:ANTM) rating on Thursday, February 1. Credit Suisse has “Buy” rating and $280.0 target. The company was upgraded on Tuesday, November 15 by Wells Fargo. The firm has “Equal-Weight” rating by Morgan Stanley given on Thursday, August 17. The stock of Anthem, Inc. (NYSE:ANTM) earned “Hold” rating by Jefferies on Friday, August 18. The rating was maintained by Cantor Fitzgerald with “Buy” on Thursday, January 18. As per Wednesday, June 7, the company rating was maintained by Jefferies. The firm has “Overweight” rating given on Wednesday, January 3 by PiperJaffray. The company was upgraded on Monday, July 27 by Sterne Agee CRT. Cantor Fitzgerald maintained Anthem, Inc. (NYSE:ANTM) rating on Monday, November 6. Cantor Fitzgerald has “Buy” rating and $226.0 target. The stock has “Neutral” rating by Sterne Agee CRT on Tuesday, May 24.

Bank Of The West decreased Johnson And Johnson (NYSE:JNJ) stake by 5,358 shares to 23,283 valued at $3.03M in 2017Q3. It also reduced Kroger Co (NYSE:KR) stake by 21,618 shares and now owns 93,558 shares. Abbvie Inc (NYSE:ABBV) was reduced too.

Meritage Homes Corporation designs and manufactures single-family homes in the United States. The company has market cap of $1.85 billion. The firm operates through two divisions, Homebuilding and Financial Services. It has a 13.43 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 1.25 in Q3 2017. Its up 0.07, from 1.18 in 2017Q2. It improved, as 14 investors sold Meritage Homes Corporation shares while 41 reduced holdings. 14 funds opened positions while 55 raised stakes. 40.81 million shares or 4.31% more from 39.12 million shares in 2017Q2 were reported. Fisher Asset Ltd Llc, Washington-based fund reported 1.71M shares. Hexavest stated it has 0.48% of its portfolio in Meritage Homes Corporation (NYSE:MTH). Tower Capital Ltd Liability Company (Trc) has invested 0.01% in Meritage Homes Corporation (NYSE:MTH). Riverhead Cap Mngmt Ltd Llc holds 0.01% in Meritage Homes Corporation (NYSE:MTH) or 3,969 shares. Victory accumulated 4,870 shares. Sei Invs accumulated 0% or 7,287 shares. Parametric Port Assoc Ltd Liability invested in 85,221 shares. Dreman Value Management L L C stated it has 8,420 shares. Great West Life Assurance Can accumulated 0.01% or 50,889 shares. Amalgamated Savings Bank reported 5,189 shares. Fifth Third Retail Bank reported 0% of its portfolio in Meritage Homes Corporation (NYSE:MTH). 7,640 were reported by Public Employees Retirement Association Of Colorado. Texas Permanent School Fund holds 27,669 shares. Pinnacle Hldg Ltd Liability owns 100 shares. Denali Advsr Llc has 0% invested in Meritage Homes Corporation (NYSE:MTH) for 21 shares.

Among 18 analysts covering Meritage (NYSE:MTH), 3 have Buy rating, 1 Sell and 14 Hold. Therefore 17% are positive. Meritage had 54 analyst reports since July 30, 2015 according to SRatingsIntel. Barclays Capital initiated it with “Underweight” rating and $36 target in Friday, January 6 report. On Wednesday, January 13 the stock rating was upgraded by JP Morgan to “Overweight”. FBN Securities upgraded the stock to “Outperform” rating in Tuesday, January 5 report. As per Thursday, September 10, the company rating was maintained by UBS. On Thursday, October 19 the stock rating was maintained by Keefe Bruyette & Woods with “Hold”. The stock of Meritage Homes Corporation (NYSE:MTH) earned “Hold” rating by Evercore on Monday, January 30. The rating was upgraded by Citigroup to “Buy” on Monday, January 8. The stock has “Neutral” rating by Credit Suisse on Tuesday, December 15. The firm has “Overweight” rating by Barclays Capital given on Thursday, April 7. The stock of Meritage Homes Corporation (NYSE:MTH) has “Equal Weight” rating given on Thursday, July 30 by Barclays Capital.

Since December 12, 2017, it had 0 insider buys, and 6 sales for $1.03 million activity. Sferruzza Hilla sold $16,462 worth of Meritage Homes Corporation (NYSE:MTH) on Wednesday, February 14. $24,272 worth of Meritage Homes Corporation (NYSE:MTH) was sold by Lord Phillippe on Tuesday, February 13. $331,452 worth of stock was sold by WHITE C TIMOTHY on Monday, February 12. $605,640 worth of Meritage Homes Corporation (NYSE:MTH) shares were sold by Sarver Robert Gary.

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