WellPoint Inc. Announces Quarterly Dividend of $0.44 (WLP)
WellPoint (NYSE:WLP) declared a quarterly dividend on Wednesday, January 29th, Stock Ratings Network.com reports. Stockholders of record on Monday, March 10th will be given a dividend of 0.4375 per share on Tuesday, March 25th. This represents a $1.75 dividend on an annualized basis and a yield of 2.08%.
A number of research firms have recently commented on WLP. Analysts at Morgan Stanley reiterated an “equal weight” rating on shares of WellPoint in a research note to investors on Tuesday, January 14th. On the ratings front, analysts at UBS AG raised their price target on shares of WellPoint from $87.00 to $98.00 in a research note to investors on Monday, November 25th. They now have a “neutral” rating on the stock. Finally, analysts at Zacks downgraded shares of WellPoint from an “outperform” rating to a “neutral” rating in a research note to investors on Friday, November 22nd. They now have a $97.00 price target on the stock. Sixteen equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $93.53.
Shares of WellPoint (NYSE:WLP) opened at 84.30 on Wednesday. WellPoint has a one year low of $60.41 and a one year high of $94.36. The stock has a 50-day moving average of $89.15 and a 200-day moving average of $87.70. The company has a market cap of $24.904 billion and a P/E ratio of 9.23.
WellPoint, Inc (NYSE:WLP) is a health benefit company in terms of medical membership in the United States, serving 34.
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