Anthem, Inc. (NYSE:ANTM) Position Reduced by NN Investment Partners Holdings N.V.


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NN Investment Partners Holdings N.V. trimmed its position in shares of Anthem, Inc. (NYSE:ANTM) by 5.3% during the first quarter, Holdings Channel reports. The firm owned 779,083 shares of the company’s stock after selling 43,405 shares during the quarter. Anthem comprises approximately 1.6% of NN Investment Partners Holdings N.V.’s holdings, making the stock its 9th biggest position. NN Investment Partners Holdings N.V.’s holdings in Anthem were worth $279,654,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Paces Ferry Wealth Advisors LLC acquired a new position in shares of Anthem in the third quarter worth $33,000. Brinker Capital Investments LLC acquired a new position in shares of Anthem in the third quarter worth $475,000. Sei Investments Co. raised its holdings in shares of Anthem by 5.2% in the third quarter. Sei Investments Co. now owns 54,761 shares of the company’s stock worth $14,700,000 after acquiring an additional 2,721 shares during the last quarter. Mercer Global Advisors Inc. ADV increased its stake in Anthem by 5.9% in the third quarter. Mercer Global Advisors Inc. ADV now owns 9,351 shares of the company’s stock valued at $2,511,000 after purchasing an additional 522 shares during the last quarter. Finally, Woodstock Corp acquired a new position in Anthem in the fourth quarter valued at $256,000. Institutional investors own 89.36% of the company’s stock.

Shares of Anthem stock traded up $4.51 on Tuesday, reaching $391.09. 25,871 shares of the company were exchanged, compared to its average volume of 1,298,946. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.59 and a current ratio of 1.59. The company’s 50-day moving average is $364.73 and its two-hundred day moving average is $324.67. The firm has a market cap of $95.75 billion, a price-to-earnings ratio of 20.11, a P/E/G ratio of 0.92 and a beta of 1.00. Anthem, Inc. has a 1-year low of $244.10 and a 1-year high of $389.31.

Anthem (NYSE:ANTM) last announced its quarterly earnings results on Tuesday, April 20th. The company reported $7.01 earnings per share for the quarter, topping analysts’ consensus estimates of $6.86 by $0.15. The business had revenue of $32.10 billion for the quarter, compared to analysts’ expectations of $32.98 billion. Anthem had a return on equity of 18.45% and a net margin of 4.22%. The business’s quarterly revenue was up 9.0% on a year-over-year basis. During the same period in the prior year, the firm earned $6.48 EPS. As a group, sell-side analysts forecast that Anthem, Inc. will post 22.44 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 25th. Stockholders of record on Thursday, June 10th will be given a $1.13 dividend. This represents a $4.52 annualized dividend and a dividend yield of 1.16%. The ex-dividend date is Wednesday, June 9th. This is a boost from Anthem’s previous quarterly dividend of $0.95. Anthem’s dividend payout ratio (DPR) is 23.25%.

Several equities analysts recently commented on ANTM shares. Truist Securities upped their target price on Anthem from $425.00 to $450.00 and gave the company a “buy” rating in a research note on Tuesday, April 20th. Jefferies Financial Group upgraded Anthem from a “hold” rating to a “buy” rating and upped their price target for the stock from $305.00 to $402.00 in a research note on Friday, January 15th. Credit Suisse Group upped their price target on Anthem from $382.00 to $425.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 28th. Argus upped their price target on Anthem from $300.00 to $380.00 and gave the stock a “buy” rating in a research note on Wednesday, January 13th. Finally, Royal Bank of Canada upped their price target on Anthem from $350.00 to $399.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 28th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and sixteen have assigned a buy rating to the company’s stock. Anthem currently has a consensus rating of “Buy” and an average price target of $388.00.

In related news, Director Ryan M. Schneider bought 1,700 shares of the business’s stock in a transaction on Thursday, February 4th. The shares were bought at an average cost of $296.03 per share, for a total transaction of $503,251.00. Following the completion of the acquisition, the director now directly owns 2,921 shares in the company, valued at $864,703.63. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Peter D. Haytaian sold 59,500 shares of the firm’s stock in a transaction dated Monday, March 22nd. The shares were sold at an average price of $349.20, for a total value of $20,777,400.00. Following the transaction, the executive vice president now owns 59,544 shares in the company, valued at $20,792,764.80. The disclosure for this sale can be found here. 0.22% of the stock is currently owned by company insiders.

Anthem Company Profile

Anthem, Inc, through its subsidiaries, operates as a health benefits company in the United States. It operates through four segments: Commercial & Specialty Business, Government Business, IngenioRx, and Other. The company offers a spectrum of network-based managed care health benefit plans to large and small groups, individuals, Medicaid, and Medicare markets.

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Institutional Ownership by Quarter for Anthem (NYSE:ANTM)

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