Regentatlantic Capital LLC grew its position in Anthem, Inc. (NYSE:ANTM) by 0.7% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 72,346 shares of the company’s stock after purchasing an additional 524 shares during the period. Anthem comprises about 1.2% of Regentatlantic Capital LLC’s portfolio, making the stock its 15th largest position. Regentatlantic Capital LLC’s holdings in Anthem were worth $13,737,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently bought and sold shares of ANTM. OZ Management LP bought a new stake in shares of Anthem during the first quarter worth $192,493,000. Janus Henderson Group PLC increased its position in shares of Anthem by 2,835.4% during the second quarter. Janus Henderson Group PLC now owns 1,161,736 shares of the company’s stock worth $218,554,000 after acquiring an additional 1,122,159 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of Anthem by 177.3% during the second quarter. JPMorgan Chase & Co. now owns 1,269,249 shares of the company’s stock worth $238,783,000 after acquiring an additional 811,537 shares in the last quarter. Tesco Pension Investment Ltd bought a new stake in shares of Anthem during the second quarter worth $139,985,000. Finally, UBS Asset Management Americas Inc. increased its position in shares of Anthem by 80.6% during the second quarter. UBS Asset Management Americas Inc. now owns 1,583,761 shares of the company’s stock worth $297,953,000 after acquiring an additional 706,775 shares in the last quarter. Institutional investors own 87.80% of the company’s stock.
Several equities research analysts have recently issued reports on the stock. Morgan Stanley increased their price objective on shares of Anthem from $201.00 to $215.00 and gave the stock an “equal weight” rating in a research report on Thursday. Zacks Investment Research raised shares of Anthem from a “hold” rating to a “buy” rating and set a $212.00 price objective for the company in a research report on Thursday, September 14th. Bank of America Corporation increased their price objective on shares of Anthem from $224.00 to $228.00 and gave the stock a “buy” rating in a research report on Friday, July 14th. BidaskClub raised shares of Anthem from a “hold” rating to a “buy” rating in a research report on Wednesday, September 6th. Finally, Deutsche Bank AG increased their price objective on shares of Anthem from $173.00 to $185.00 and gave the stock a “hold” rating in a research report on Thursday, July 13th. Nine equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. The company currently has an average rating of “Buy” and an average target price of $193.18.
In other news, Director Julie A. Hill sold 524 shares of the company’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 SEC, which is accessible through this hyperlink. Also, insider Joseph Swedish sold 21,125 shares of the company’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. In the last quarter, insiders sold 51,901 shares of company stock valued at $10,034,202. Company insiders own 0.36% of the company’s stock.
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Anthem, Inc. (NYSE ANTM) traded up 2.14% on Friday, reaching $211.34. 2,219,506 shares of the company were exchanged. Anthem, Inc. has a 12-month low of $114.85 and a 12-month high of $212.00. The stock has a market capitalization of $55.49 billion, a P/E ratio of 19.98 and a beta of 0.71. The company’s 50-day moving average price is $190.63 and its 200-day moving average price is $187.04.
Anthem (NYSE:ANTM) last announced its quarterly earnings results on Wednesday, October 25th. The company reported $2.65 EPS for the quarter, beating the Zacks’ consensus estimate of $2.40 by $0.25. The business had revenue of $22.10 billion during the quarter, compared to analyst estimates of $22.10 billion. Anthem had a net margin of 3.35% and a return on equity of 12.97%. Anthem’s quarterly revenue was up 4.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.45 EPS. Equities research analysts anticipate that Anthem, Inc. will post $11.92 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Thursday, December 21st. Stockholders of record on Tuesday, December 5th will be paid a $0.70 dividend. The ex-dividend date of this dividend is Monday, December 4th. This represents a $2.80 annualized dividend and a dividend yield of 1.32%. Anthem’s payout ratio is 25.32%.
Anthem Company 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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