Gateway Investment Advisers LLC reduced its stake in shares of Anthem Inc (NYSE:ANTM) by 0.7% in the second quarter, according to its most recent filing with the SEC. The fund owned 195,702 shares of the company’s stock after selling 1,405 shares during the period. Gateway Investment Advisers LLC’s holdings in Anthem were worth $46,583,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently bought and sold shares of the company. First Citizens Bank & Trust Co. lifted its holdings in shares of Anthem by 1.1% during the 2nd quarter. First Citizens Bank & Trust Co. now owns 20,285 shares of the company’s stock worth $4,828,000 after acquiring an additional 228 shares during the last quarter. Ladenburg Thalmann Financial Services Inc. lifted its holdings in shares of Anthem by 2.8% during the 4th quarter. Ladenburg Thalmann Financial Services Inc. now owns 8,451 shares of the company’s stock worth $1,903,000 after acquiring an additional 232 shares during the last quarter. American Century Companies Inc. lifted its stake in Anthem by 2.3% in the first quarter. American Century Companies Inc. now owns 12,596 shares of the company’s stock worth $2,767,000 after purchasing an additional 287 shares during the last quarter. Commonwealth Equity Services LLC lifted its stake in Anthem by 1.2% in the first quarter. Commonwealth Equity Services LLC now owns 25,148 shares of the company’s stock worth $5,525,000 after purchasing an additional 288 shares during the last quarter. Finally, Northern Capital Management LLC lifted its stake in Anthem by 4.8% in the first quarter. Northern Capital Management LLC now owns 6,490 shares of the company’s stock worth $1,426,000 after purchasing an additional 300 shares during the last quarter. 87.50% of the stock is owned by institutional investors.
In related news, CEO Brian T. Griffin sold 59,421 shares of the business’s stock in a transaction dated Thursday, May 3rd. The shares were sold at an average price of $224.41, for a total transaction of $13,334,666.61. Following the transaction, the chief executive officer now owns 25,619 shares in the company, valued at $5,749,159.79. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Robert L. Dixon, Jr. sold 1,000 shares of the business’s stock in a transaction dated Friday, May 18th. The shares were sold at an average price of $231.10, for a total transaction of $231,100.00. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 61,421 shares of company stock valued at $13,798,767. Insiders own 0.31% of the company’s stock.
Shares of Anthem traded up $0.06, hitting $249.58, during midday trading on Wednesday, Marketbeat reports. 920,672 shares of the stock traded hands, compared to its average volume of 1,502,132. The company has a market cap of $63.47 billion, a price-to-earnings ratio of 20.80, a price-to-earnings-growth ratio of 1.38 and a beta of 0.87. The company has a current ratio of 1.49, a quick ratio of 1.49 and a debt-to-equity ratio of 0.67. Anthem Inc has a one year low of $179.40 and a one year high of $267.95.
Anthem (NYSE:ANTM) last issued its quarterly earnings data on Wednesday, April 25th. The company reported $5.41 EPS for the quarter, beating the consensus estimate of $4.83 by $0.58. The firm had revenue of $22.34 billion during the quarter, compared to the consensus estimate of $22.55 billion. Anthem had a net margin of 4.60% and a return on equity of 12.77%. The company’s quarterly revenue was up .1% compared to the same quarter last year. During the same period in the prior year, the firm posted $4.68 earnings per share. research analysts forecast that Anthem Inc will post 15.39 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which was paid on Monday, June 25th. Stockholders of record on Friday, June 8th were paid a dividend of $0.75 per share. This represents a $3.00 annualized dividend and a dividend yield of 1.20%. The ex-dividend date of this dividend was Thursday, June 7th. Anthem’s dividend payout ratio (DPR) is 24.92%.
Several analysts have weighed in on the stock. Zacks Investment Research raised shares of Anthem from a “hold” rating to a “buy” rating and set a $274.00 price target for the company in a research note on Wednesday, June 20th. ValuEngine downgraded shares of Anthem from a “buy” rating to a “hold” rating in a research note on Friday, June 1st. Cantor Fitzgerald reissued a “buy” rating and issued a $275.00 price target on shares of Anthem in a research note on Wednesday, April 25th. Sanford C. Bernstein set a $332.00 price target on shares of Anthem and gave the stock an “outperform” rating in a research note on Thursday, April 26th. Finally, BMO Capital Markets raised shares of Anthem from a “market perform” rating to an “outperform” rating and boosted their price target for the stock from $275.00 to $290.00 in a research note on Monday. Four equities research analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company. Anthem presently has an average rating of “Buy” and a consensus target price of $256.64.
Anthem, Inc, through its subsidiaries, operates as a health benefits company in the United States. It operates through three segments: Commercial & Specialty Business, Government Business, and Other. The company offers a spectrum of network-based managed care health benefit plans to large and small group, individual, Medicaid, and Medicare markets.
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