Cetera Advisors LLC Purchases Shares of 2,434 Anthem, Inc. (ANTM)

Cetera Advisors LLC purchased a new stake in Anthem, Inc. (NYSE:ANTM) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 2,434 shares of the company’s stock, valued at approximately $465,000.

Several other institutional investors have also made changes to their positions in ANTM. First Interstate Bank lifted its stake in shares of Anthem by 1,910.7% in the 3rd quarter. First Interstate Bank now owns 563 shares of the company’s stock valued at $107,000 after purchasing an additional 535 shares during the last quarter. Captrust Financial Advisors acquired a new position in shares of Anthem in the 2nd quarter valued at $128,000. Salem Investment Counselors Inc. lifted its stake in Anthem by 1.4% during the 2nd quarter. Salem Investment Counselors Inc. now owns 710 shares of the company’s stock worth $134,000 after acquiring an additional 10 shares in the last quarter. Harding Loevner LP acquired a new position in Anthem during the 2nd quarter worth about $151,000. Finally, Wealthcare Advisory Partners LLC acquired a new position in Anthem during the 3rd quarter worth about $154,000. 87.75% of the stock is currently owned by institutional investors and hedge funds.

In other news, Director Julie A. Hill sold 1,602 shares of the stock in a transaction dated Tuesday, November 7th. The stock was sold at an average price of $215.70, for a total value of $345,551.40. Following the transaction, the director now owns 35,322 shares in the company, valued at approximately $7,618,955.40. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Joseph Swedish sold 21,125 shares of the stock in a transaction dated Wednesday, November 1st. The shares were sold at an average price of $209.85, for a total value of $4,433,081.25. Following the completion of the transaction, the insider now owns 87,668 shares in the company, valued at approximately $18,397,129.80. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 65,955 shares of company stock worth $13,907,287. 0.36% of the stock is owned by company insiders.

Several equities analysts recently issued reports on the company. Cantor Fitzgerald reissued a “buy” rating and set a $215.00 target price on shares of Anthem in a research note on Wednesday, September 20th. BMO Capital Markets assumed coverage on Anthem in a research note on Monday, October 16th. They set a “market perform” rating on the stock. B. Riley reissued a “buy” rating on shares of Anthem in a research note on Wednesday, December 6th. Jefferies Group reissued a “hold” rating and set a $204.00 target price on shares of Anthem in a research note on Sunday, August 20th. Finally, Piper Jaffray Companies reissued a “hold” rating and set a $202.00 target price on shares of Anthem in a research note on Wednesday, October 4th. Eight equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of $201.07.

Shares of Anthem, Inc. (NYSE ANTM) opened at $227.12 on Friday. 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, Inc. has a 1-year low of $140.50 and a 1-year high of $236.39. The firm has a market capitalization of $59,583.84, a PE ratio of 18.62, a price-to-earnings-growth ratio of 1.82 and a beta of 0.79.

Anthem (NYSE:ANTM) last issued its quarterly earnings results on Wednesday, October 25th. The company reported $2.65 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $2.40 by $0.25. Anthem had a return on equity of 12.97% and a net margin of 3.35%. The company had revenue of $22.10 billion for the quarter, compared to the consensus estimate of $22.10 billion. During the same quarter in the prior year, the business earned $2.45 EPS. Anthem’s revenue was up 4.6% on a year-over-year basis. equities analysts expect that Anthem, Inc. will post 11.97 earnings per share for the current year.

Anthem declared that its board has approved a share repurchase plan on Thursday, December 7th that allows the company to repurchase $5.00 billion in outstanding shares. This repurchase authorization allows the company to reacquire shares of its stock through open market purchases. Stock repurchase plans are often an indication that the company’s board believes its stock is undervalued.

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 21st. Shareholders of record on Tuesday, December 5th will be issued a dividend of $0.70 per share. The ex-dividend date is Monday, December 4th. This represents a $2.80 annualized dividend and a yield of 1.23%. Anthem’s dividend payout ratio (DPR) is 25.32%.

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About Anthem

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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