Share on StockTwits
 

Shares of WellPoint (NYSE:WLP) have been given an average rating of “Hold” by the twenty brokerages that are covering the company, AnalystRatings.NET reports. One investment analyst has rated the stock with a sell recommendation, thirteen have given a hold recommendation and six have given a buy recommendation to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $91.13.

In other WellPoint news, Director George Schaefer, Jr. unloaded 10,000 shares of WellPoint stock in a transaction dated Friday, January 31st. The shares were sold at an average price of $86.70, for a total transaction of $867,000.00. Following the completion of the transaction, the director now directly owns 33,055 shares in the company, valued at approximately $2,865,869. The sale was disclosed in a filing with the SEC, which is available at this link.

WLP has been the subject of a number of recent research reports. Analysts at Zacks reiterated a “neutral” rating on shares of WellPoint in a research note to investors on Thursday, January 30th. They now have a $90.00 price target on the stock. Separately, analysts at UBS AG upgraded shares of WellPoint from a “neutral” rating to a “buy” rating in a research note to investors on Thursday, January 30th. They now have a $98.00 price target on the stock. Finally, analysts at Monness Crespi & Hardt downgraded shares of WellPoint from a “neutral” rating to a “sell” rating in a research note to investors on Wednesday, January 29th. They now have a $69.00 price target on the stock.

WellPoint (NYSE:WLP) traded down 0.48% during mid-day trading on Thursday, hitting $85.24. 217,312 shares of the company’s stock traded hands. 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 $88.67 and a 200-day moving average of $87.69. The company’s market cap is $25.717 billion.

WellPoint (NYSE:WLP) last released its earnings data on Wednesday, January 29th. The company reported $0.87 earnings per share for the quarter, meeting the consensus estimate of $0.87. The company had revenue of $17.60 billion for the quarter, compared to the consensus estimate of $17.75 billion. During the same quarter in the previous year, the company posted $1.03 earnings per share. The company’s revenue for the quarter was up 16.3% on a year-over-year basis. On average, analysts predict that WellPoint will post $8.36 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Tuesday, March 25th. Stockholders of record on Monday, March 10th will be paid a dividend of 0.4375 per share. This represents a $1.75 annualized dividend and a dividend yield of 2.04%. The ex-dividend date is Thursday, March 6th. This is a boost from WellPoint’s previous quarterly dividend of $0.38.

WellPoint, Inc (NYSE:WLP) is a health benefit company in terms of medical membership in the United States, serving 34.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.