Anthem, Inc. (ANTM) Holdings Trimmed by Wilbanks Smith & Thomas Asset Management LLC

Wilbanks Smith & Thomas Asset Management LLC trimmed its position in Anthem, Inc. (NYSE:ANTM) by 0.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 8,838 shares of the company’s stock after selling 25 shares during the period. Wilbanks Smith & Thomas Asset Management LLC’s holdings in Anthem were worth $1,663,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Captrust Financial Advisors acquired a new stake in shares of Anthem during the second quarter worth $128,000. Westside Investment Management Inc. lifted its stake in shares of Anthem by 33.6% during the first quarter. Westside Investment Management Inc. now owns 795 shares of the company’s stock worth $131,000 after buying an additional 200 shares during the period. Salem Investment Counselors Inc. lifted its stake in shares of Anthem by 1.4% during the second quarter. Salem Investment Counselors Inc. now owns 710 shares of the company’s stock worth $134,000 after buying an additional 10 shares during the period. Harding Loevner LP acquired a new stake in shares of Anthem during the second quarter worth $151,000. Finally, Guardian Life Insurance Co. of America lifted its stake in shares of Anthem by 0.7% during the first quarter. Guardian Life Insurance Co. of America now owns 1,016 shares of the company’s stock worth $168,000 after buying an additional 7 shares during the period. Institutional investors own 87.65% of the company’s stock.

ANTM has been the subject of several research reports. Zacks Investment Research downgraded shares of Anthem from a “buy” rating to a “hold” rating in a research note on Tuesday, September 5th. Citigroup Inc. reiterated a “buy” rating and set a $205.00 price objective on shares of Anthem in a research note on Wednesday, June 28th. Credit Suisse Group initiated coverage on shares of Anthem in a research note on Wednesday, July 12th. They set a “neutral” rating and a $195.00 price objective for the company. BidaskClub downgraded shares of Anthem from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, July 19th. Finally, Bank of America Corporation lifted their price objective on shares of Anthem from $224.00 to $228.00 and gave the stock a “buy” rating in a research note on Friday, July 14th. Nine analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. The company has an average rating of “Buy” and an average target price of $187.50.

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In other news, Director Julie A. Hill sold 524 shares of the firm’s stock in a transaction on Thursday, August 10th. The shares were sold at an average price of $190.80, for a total value of $99,979.20. Following the completion of the sale, the director now owns 36,924 shares in the company, valued at approximately $7,045,099.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Joseph Swedish sold 21,125 shares of the firm’s stock in a transaction on Monday, October 2nd. The stock was sold at an average price of $190.63, for a total transaction of $4,027,058.75. The disclosure for this sale can be found here. Insiders sold a total of 51,901 shares of company stock valued at $10,034,202 in the last 90 days. Company insiders own 0.36% of the company’s stock.

Shares of Anthem, Inc. (ANTM) traded down 1.68% on Tuesday, hitting $187.54. 457,340 shares of the company traded hands. The company has a market capitalization of $49.25 billion, a PE ratio of 17.73 and a beta of 0.71. The stock’s 50-day moving average price is $190.55 and its 200-day moving average price is $184.43. Anthem, Inc. has a 12 month low of $114.85 and a 12 month high of $198.98.

Anthem (NYSE:ANTM) last released its earnings results on Wednesday, July 26th. The company reported $3.37 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $3.23 by $0.14. Anthem had a net margin of 3.24% and a return on equity of 12.93%. The company had revenue of $22.20 billion during the quarter, compared to analysts’ expectations of $22.25 billion. During the same quarter last year, the business earned $3.33 EPS. The business’s revenue was up 4.3% on a year-over-year basis. On average, equities analysts predict that Anthem, Inc. will post $11.84 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Monday, September 25th. Stockholders of record on Friday, September 8th were paid a $0.70 dividend. This represents a $2.80 annualized dividend and a dividend yield of 1.47%. The ex-dividend date of this dividend was Thursday, September 7th. This is a boost from Anthem’s previous quarterly dividend of $0.65. Anthem’s dividend payout ratio (DPR) is 26.52%.

Anthem Profile

Anthem, Inc is a health benefits company. The Company operates through three segments: Commercial and Specialty Business, Government Business and Other. It offers a spectrum of network-based managed care plans to large and small employer, individual, Medicaid and Medicare markets. Its managed care plans include preferred provider organizations; health maintenance organizations; point-of-service plans; indemnity plans and other hybrid plans, including consumer-driven health plans; and hospital only and limited benefit products.

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Institutional Ownership by Quarter for Anthem (NYSE:ANTM)

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