Savant Capital LLC reduced its position in Anthem Inc (NYSE:ANTM) by 3.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,187 shares of the company’s stock after selling 170 shares during the quarter. Savant Capital LLC’s holdings in Anthem were worth $1,100,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Empire Life Investments Inc. lifted its position in Anthem by 1.6% during the fourth quarter. Empire Life Investments Inc. now owns 101,675 shares of the company’s stock valued at $26,703,000 after purchasing an additional 1,578 shares during the last quarter. Chase Investment Counsel Corp bought a new position in Anthem during the fourth quarter valued at $1,768,000. Financial Gravity Companies Inc. bought a new position in Anthem during the fourth quarter valued at $49,000. IndexIQ Advisors LLC lifted its position in Anthem by 56.8% during the fourth quarter. IndexIQ Advisors LLC now owns 31,836 shares of the company’s stock valued at $8,361,000 after purchasing an additional 11,534 shares during the last quarter. Finally, Tokio Marine Asset Management Co. Ltd. bought a new position in Anthem during the fourth quarter valued at $796,000. Institutional investors and hedge funds own 97.06% of the company’s stock.
Several equities analysts have commented on ANTM shares. Stephens started coverage on shares of Anthem in a research report on Monday, January 14th. They set an “overweight” rating and a $310.00 price objective for the company. Barclays reissued a “buy” rating and issued a $282.00 target price on shares of Anthem in a research note on Sunday, January 6th. Evercore ISI raised shares of Anthem from an “in-line” rating to an “outperform” rating and set a $255.02 target price on the stock in a research note on Thursday, January 3rd. Jefferies Financial Group increased their target price on shares of Anthem from $323.00 to $345.00 and gave the company a “buy” rating in a research note on Monday, December 3rd. Finally, Credit Suisse Group reissued an “outperform” rating and issued a $344.00 target price (up previously from $330.00) on shares of Anthem in a research note on Thursday, January 31st. Two analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company’s stock. Anthem currently has a consensus rating of “Buy” and an average target price of $329.93.
In related news, EVP Peter D. Haytaian sold 3,000 shares of the firm’s stock in a transaction dated Thursday, December 27th. The shares were sold at an average price of $256.31, for a total value of $768,930.00. Following the transaction, the executive vice president now owns 42,206 shares of the company’s stock, valued at approximately $10,817,819.86. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Gloria M. Mccarthy sold 7,700 shares of the firm’s stock in a transaction dated Monday, February 4th. The stock was sold at an average price of $302.98, for a total transaction of $2,332,946.00. Following the completion of the transaction, the executive vice president now directly owns 46,456 shares in the company, valued at approximately $14,075,238.88. The disclosure for this sale can be found here. Insiders sold a total of 23,400 shares of company stock worth $6,545,411 in the last ninety days. 0.31% of the stock is currently owned by insiders.
Shares of ANTM opened at $304.25 on Monday. Anthem Inc has a twelve month low of $215.52 and a twelve month high of $311.60. The firm has a market capitalization of $78.69 billion, a PE ratio of 19.15, a PEG ratio of 1.15 and a beta of 0.95. The company has a current ratio of 1.56, a quick ratio of 1.54 and a debt-to-equity ratio of 0.60.
Anthem (NYSE:ANTM) last posted its quarterly earnings results on Wednesday, January 30th. The company reported $2.44 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $2.20 by $0.24. The company had revenue of $23.30 billion for the quarter, compared to the consensus estimate of $23.27 billion. Anthem had a net margin of 4.07% and a return on equity of 14.82%. The firm’s revenue was up 3.8% compared to the same quarter last year. During the same quarter last year, the firm posted $1.29 EPS. On average, equities research analysts predict that Anthem Inc will post 19.12 earnings per share for the current year.
The business also recently declared a quarterly dividend, which will be paid on Friday, March 29th. Investors of record on Monday, March 18th will be paid a $0.80 dividend. This represents a $3.20 annualized dividend and a yield of 1.05%. The ex-dividend date of this dividend is Friday, March 15th. This is an increase from Anthem’s previous quarterly dividend of $0.75. Anthem’s dividend payout ratio (DPR) is currently 18.88%.
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Anthem Company Profile
Anthem, Inc, through its subsidiaries, operates as a health benefits company in the United States. It operates through three segments: Commercial & Specialty Business, Government Business, and Other. The company offers a spectrum of network-based managed care health benefit plans to large and small group, individual, Medicaid, and Medicare markets.
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