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Elevance Health, Inc. $ELV Shares Sold by Alliancebernstein L.P.
Alliancebernstein L.P. significantly reduced its stake in Elevance Health, Inc. (NYSE:ELV) by 34.6% during the third quarter, selling 482,748 shares. Despite this, several other institutional investors increased their holdings in ELV, and Wall Street analysts generally maintain a positive outlook with a consensus “Moderate Buy” rating. Elevance Health also announced an increase in its quarterly dividend, reflecting continued financial strength.