Joseph Swedish Sells 21,125 Shares of Anthem, Inc. (ANTM) Stock

Anthem, Inc. (NYSE:ANTM) insider Joseph Swedish sold 21,125 shares of the firm’s stock in a transaction that occurred on Wednesday, November 1st. The stock was sold at an average price of $209.85, for a total transaction of $4,433,081.25. Following the sale, the insider now owns 87,668 shares of the company’s stock, valued at $18,397,129.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Joseph Swedish also recently made the following trade(s):

  • On Monday, October 2nd, Joseph Swedish sold 21,125 shares of Anthem stock. The stock was sold at an average price of $190.63, for a total transaction of $4,027,058.75.
  • On Friday, September 1st, Joseph Swedish sold 21,125 shares of Anthem stock. The stock was sold at an average price of $197.00, for a total transaction of $4,161,625.00.

Anthem, Inc. (NYSE:ANTM) opened at $211.80 on Friday. The stock has a market cap of $54.07 billion, a P/E ratio of 16.90, a P/E/G ratio of 1.73 and a beta of 0.77. The company has a current ratio of 1.51, a quick ratio of 1.51 and a debt-to-equity ratio of 0.53.

Anthem (NYSE:ANTM) last released 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. Anthem had a net margin of 3.35% and a return on equity of 12.97%. The company had revenue of $22.10 billion for the quarter, compared to analyst estimates of $22.10 billion. During the same quarter last year, the firm posted $2.45 earnings per share. The company’s quarterly revenue was up 4.6% compared to the same quarter last year. equities analysts anticipate that Anthem, Inc. will post 11.97 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 21st. Stockholders of record on Tuesday, December 5th will be given a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a dividend yield of 1.32%. The ex-dividend date of this dividend is Monday, December 4th. Anthem’s dividend payout ratio is 25.32%.

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Several large investors have recently added to or reduced their stakes in ANTM. Oppenheimer Asset Management Inc. bought a new position in shares of Anthem in the first quarter valued at approximately $375,000. Gotham Asset Management LLC raised its position in shares of Anthem by 17.6% in the first quarter. Gotham Asset Management LLC now owns 33,398 shares of the company’s stock valued at $5,523,000 after purchasing an additional 4,990 shares during the period. AQR Capital Management LLC raised its position in shares of Anthem by 11.5% in the first quarter. AQR Capital Management LLC now owns 3,068,384 shares of the company’s stock valued at $507,449,000 after purchasing an additional 315,756 shares during the period. Endurant Capital Management LP raised its position in shares of Anthem by 99.6% in the first quarter. Endurant Capital Management LP now owns 56,098 shares of the company’s stock valued at $9,277,000 after purchasing an additional 27,998 shares during the period. Finally, Redmile Group LLC raised its position in shares of Anthem by 127.0% in the first quarter. Redmile Group LLC now owns 175,328 shares of the company’s stock valued at $28,996,000 after purchasing an additional 98,105 shares during the period. 88.06% of the stock is currently owned by institutional investors.

Several analysts recently commented on the stock. Credit Suisse Group assumed coverage on shares of Anthem in a report on Thursday. They set an “outperform” rating and a $234.00 price target for the company. Jefferies Group LLC restated a “hold” rating and set a $226.00 price target on shares of Anthem in a report on Thursday, October 26th. Morgan Stanley raised their price target on shares of Anthem from $201.00 to $215.00 and gave the stock an “equal weight” rating in a report on Thursday, October 26th. BidaskClub upgraded shares of Anthem from a “hold” rating to a “buy” rating in a report on Thursday, October 26th. Finally, Cantor Fitzgerald restated a “buy” rating and set a $220.00 price target on shares of Anthem in a report on Wednesday, October 25th. Eight research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $197.69.

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.

Insider Buying and Selling by Quarter for Anthem (NYSE:ANTM)

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