Peoples Bancorp Inc. (PEBO) Is At $35.40 Formed Wedge; Beaconlight Capital Trimmed Anthem (ANTM) Position

Peoples Bancorp Inc. (PEBO) formed wedge up with $36.46 target or 3.00% above today’s $35.40 share price. Peoples Bancorp Inc. (PEBO) has $647.37M valuation. The stock decreased 0.56% or $0.2 during the last trading session, reaching $35.4. About 2,902 shares traded. Peoples Bancorp Inc. (NASDAQ:PEBO) has risen 47.34% since February 2, 2017 and is uptrending. It has outperformed by 30.64% the S&P500.

Beaconlight Capital Llc decreased Anthem Inc (ANTM) stake by 65.55% reported in 2017Q3 SEC filing. Beaconlight Capital Llc sold 15,600 shares as Anthem Inc (ANTM)’s stock rose 10.08%. The Beaconlight Capital Llc holds 8,200 shares with $1.56 million value, down from 23,800 last quarter. Anthem Inc now has $62.12B valuation. The stock decreased 0.82% or $2 during the last trading session, reaching $241.93. About 223,265 shares traded. Anthem, Inc. (NYSE:ANTM) has risen 31.86% since February 2, 2017 and is uptrending. It has outperformed by 15.16% the S&P500.

Investors sentiment decreased to 1.22 in Q3 2017. Its down 0.43, from 1.65 in 2017Q2. It turned negative, as 6 investors sold Peoples Bancorp Inc. shares while 31 reduced holdings. 10 funds opened positions while 35 raised stakes. 10.36 million shares or 1.67% more from 10.18 million shares in 2017Q2 were reported. North Star Investment Mgmt Corporation stated it has 105 shares. Invesco holds 0% of its portfolio in Peoples Bancorp Inc. (NASDAQ:PEBO) for 24,479 shares. Jpmorgan Chase has 89,200 shares for 0% of their portfolio. Morgan Stanley, a New York-based fund reported 102,484 shares. Duncker Streett & Com Incorporated has invested 0.21% in Peoples Bancorp Inc. (NASDAQ:PEBO). Parametric Port Ltd Company has invested 0% in Peoples Bancorp Inc. (NASDAQ:PEBO). Victory Cap Mgmt reported 0% in Peoples Bancorp Inc. (NASDAQ:PEBO). Dimensional Fund Limited Partnership holds 1.32M shares or 0.02% of its portfolio. Great West Life Assurance Can holds 0% or 1,424 shares in its portfolio. Private Mngmt Incorporated holds 0.73% or 412,583 shares in its portfolio. Bridgeway Mngmt accumulated 82,950 shares. Thrivent Finance For Lutherans holds 29,240 shares. Qs Lc holds 5,849 shares or 0% of its portfolio. Howe And Rusling, a New York-based fund reported 115 shares. Aperio Group Inc Lc holds 0% or 24,442 shares in its portfolio.

Since September 20, 2017, it had 1 insider buy, and 3 sales for $295,413 activity. Sweet Terry Thomas bought $67,931 worth of Peoples Bancorp Inc. (NASDAQ:PEBO) on Monday, December 4. $268,089 worth of stock was sold by BEAM S CRAIG on Wednesday, September 27.

Among 6 analysts covering Peoples Bancorp Inc (NASDAQ:PEBO), 0 have Buy rating, 0 Sell and 6 Hold. Therefore 0 are positive. Peoples Bancorp Inc has $40.0 highest and $22 lowest target. $33’s average target is -6.78% below currents $35.4 stock price. Peoples Bancorp Inc had 11 analyst reports since July 28, 2015 according to SRatingsIntel. The firm has “Mkt Perform” rating by Raymond James given on Friday, December 16. The firm has “Hold” rating given on Wednesday, July 26 by Boenning & Scattergood. The stock of Peoples Bancorp Inc. (NASDAQ:PEBO) has “Hold” rating given on Tuesday, October 3 by Keefe Bruyette & Woods. On Tuesday, January 23 the stock rating was maintained by Sandler O’Neill with “Hold”. The stock of Peoples Bancorp Inc. (NASDAQ:PEBO) has “Outperform” rating given on Friday, October 30 by Raymond James. The stock of Peoples Bancorp Inc. (NASDAQ:PEBO) earned “Market Perform” rating by Keefe Bruyette & Woods on Friday, October 30. The stock of Peoples Bancorp Inc. (NASDAQ:PEBO) has “Market Perform” rating given on Monday, March 7 by Wood. The firm earned “Hold” rating on Thursday, December 21 by Keefe Bruyette & Woods. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Tuesday, July 25.

Beaconlight Capital Llc increased Wpx Energy Inc (NYSE:WPX) stake by 841,110 shares to 2.13M valued at $24.51 million in 2017Q3. It also upped Inc Resh Hldgs Inc (NASDAQ:INCR) stake by 36,486 shares and now owns 172,186 shares. Parsley Energy Inc (NYSE:PE) was raised too.

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. The firm has “Overweight” rating given on Wednesday, January 3 by PiperJaffray. The stock of Anthem, Inc. (NYSE:ANTM) earned “Hold” rating by Jefferies on Friday, October 13. The rating was upgraded by Wells Fargo to “Outperform” on Tuesday, November 15. The rating was initiated by Evercore with “Hold” on Friday, September 23. The stock has “Buy” rating by Cowen & Co on Wednesday, January 31. RBC Capital Markets maintained Anthem, Inc. (NYSE:ANTM) on Thursday, July 30 with “Outperform” rating. RBC Capital Markets maintained the shares of ANTM in report on Thursday, October 29 with “Outperform” rating. Cantor Fitzgerald maintained the shares of ANTM in report on Thursday, September 14 with “Buy” rating. Bank of America maintained Anthem, Inc. (NYSE:ANTM) rating on Friday, November 17. Bank of America has “Buy” rating and $254 target. The firm has “Neutral” rating given on Wednesday, January 4 by Piper Jaffray.

Analysts await Anthem, Inc. (NYSE:ANTM) to report earnings on February, 7. They expect $1.25 EPS, down 28.98% or $0.51 from last year’s $1.76 per share. ANTM’s profit will be $320.95M for 48.39 P/E if the $1.25 EPS becomes a reality. After $2.65 actual EPS reported by Anthem, Inc. for the previous quarter, Wall Street now forecasts -52.83% negative EPS growth.