Cibc World Markets Has Lowered Holding in Anthem (ANTM) as Stock Price Declined; Opus Capital Group Has Decreased City Office Reit (CIO) Stake by $360,191 as Market Value Declined

April 21, 2018 - By Peter Erickson

Anthem, Inc. (NYSE:ANTM) Logo

Cibc World Markets Corp decreased its stake in Anthem Inc (ANTM) by 52.43% based on its latest 2017Q4 regulatory filing with the SEC. Cibc World Markets Corp sold 63,139 shares as the company’s stock declined 2.73% with the market. The institutional investor held 57,277 shares of the health care company at the end of 2017Q4, valued at $12.89M, down from 120,416 at the end of the previous reported quarter. Cibc World Markets Corp who had been investing in Anthem Inc for a number of months, seems to be less bullish one the $57.84 billion market cap company. The stock decreased 0.70% or $1.6 during the last trading session, reaching $226.07. About 1.13 million shares traded. Anthem, Inc. (NYSE:ANTM) has risen 35.30% since April 21, 2017 and is uptrending. It has outperformed by 23.75% the S&P500.

Opus Capital Group Llc decreased its stake in City Office Reit Inc (CIO) by 12.28% based on its latest 2017Q4 regulatory filing with the SEC. Opus Capital Group Llc sold 27,707 shares as the company’s stock declined 11.58% with the market. The institutional investor held 197,993 shares of the consumer services company at the end of 2017Q4, valued at $2.58 million, down from 225,700 at the end of the previous reported quarter. Opus Capital Group Llc who had been investing in City Office Reit Inc for a number of months, seems to be less bullish one the $405.25 million market cap company. The stock decreased 1.06% or $0.12 during the last trading session, reaching $11.22. About 165,677 shares traded. City Office REIT, Inc. (NYSE:CIO) has declined 4.45% since April 21, 2017 and is downtrending. It has underperformed by 16.00% the S&P500.

Analysts await City Office REIT, Inc. (NYSE:CIO) to report earnings on May, 4 before the open. They expect $0.25 EPS, down 3.85% or $0.01 from last year’s $0.26 per share. CIO’s profit will be $9.03 million for 11.22 P/E if the $0.25 EPS becomes a reality. After $0.31 actual EPS reported by City Office REIT, Inc. for the previous quarter, Wall Street now forecasts -19.35% negative EPS growth.

Opus Capital Group Llc, which manages about $2.09 billion and $455.10 million US Long portfolio, upped its stake in Amgen Inc (NASDAQ:AMGN) by 1,833 shares to 5,093 shares, valued at $885,000 in 2017Q4, according to the filing. It also increased its holding in Vanguard Short (VCSH) by 48,582 shares in the quarter, for a total of 210,560 shares, and has risen its stake in Ishares Core Msci Eafe Etf (IEFA).

Investors sentiment increased to 2.16 in 2017 Q4. Its up 0.55, from 1.61 in 2017Q3. It increased, as 8 investors sold CIO shares while 23 reduced holdings. 29 funds opened positions while 38 raised stakes. 21.93 million shares or 29.32% more from 16.96 million shares in 2017Q3 were reported. Dalton Greiner Hartman Maher & holds 0.27% of its portfolio in City Office REIT, Inc. (NYSE:CIO) for 389,906 shares. Principal Fin Group Inc Inc holds 0.03% or 2.32M shares in its portfolio. Lsv Asset Mngmt invested in 0.02% or 927,750 shares. D E Shaw & Inc invested in 0% or 85,078 shares. Kennedy Management has invested 0.15% in City Office REIT, Inc. (NYSE:CIO). Orinda Asset Mgmt Llc holds 5.48% or 483,151 shares in its portfolio. State Street Corp invested 0% of its portfolio in City Office REIT, Inc. (NYSE:CIO). Deutsche Comml Bank Ag stated it has 0% in City Office REIT, Inc. (NYSE:CIO). Nuveen Asset Mgmt Lc invested 0.15% in City Office REIT, Inc. (NYSE:CIO). Price T Rowe Assocs Md accumulated 13,774 shares. Amundi Pioneer Asset Management invested in 0% or 1,200 shares. Citadel Ltd Liability Corporation accumulated 0% or 38,603 shares. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Inv Mgmt Corp has 73,100 shares for 0.01% of their portfolio. California Pub Employees Retirement Sys owns 0% invested in City Office REIT, Inc. (NYSE:CIO) for 165,000 shares. Janney Montgomery Scott Ltd Limited Liability Company accumulated 194,743 shares or 0.03% of the stock.

Among 6 analysts covering City Office REIT (NYSE:CIO), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 67% are positive. City Office REIT had 13 analyst reports since August 19, 2015 according to SRatingsIntel. The rating was initiated by Deutsche Bank on Tuesday, May 31 with “Buy”. FBR Capital maintained City Office REIT, Inc. (NYSE:CIO) rating on Friday, March 2. FBR Capital has “Buy” rating and $13.5 target. The stock of City Office REIT, Inc. (NYSE:CIO) earned “Hold” rating by Deutsche Bank on Wednesday, January 10. The firm has “Sell” rating by Zacks given on Monday, August 24. Oppenheimer maintained City Office REIT, Inc. (NYSE:CIO) on Wednesday, August 19 with “Outperform” rating. On Monday, July 18 the stock rating was maintained by Deutsche Bank with “Buy”. The rating was maintained by Compass Point with “Buy” on Thursday, May 12. The stock of City Office REIT, Inc. (NYSE:CIO) has “Buy” rating given on Friday, August 5 by Compass Point. Wunderlich maintained it with “Buy” rating and $15 target in Friday, August 5 report.

Analysts await Anthem, Inc. (NYSE:ANTM) to report earnings on April, 25 before the open. They expect $4.93 EPS, up 5.34% or $0.25 from last year’s $4.68 per share. ANTM’s profit will be $1.26 billion for 11.46 P/E if the $4.93 EPS becomes a reality. After $1.29 actual EPS reported by Anthem, Inc. for the previous quarter, Wall Street now forecasts 282.17% EPS growth.

City Office REIT, Inc. (NYSE:CIO) Institutional Positions Chart

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