Capital International Investors Has $2.11 Billion Stock Position in Anthem Inc (NYSE:ANTM)

Capital International Investors grew its stake in shares of Anthem Inc (NYSE:ANTM) by 22.8% during the 4th quarter, Holdings Channel.com reports. The firm owned 6,978,994 shares of the company’s stock after buying an additional 1,298,029 shares during the quarter. Capital International Investors’ holdings in Anthem were worth $2,107,866,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Sonora Investment Management LLC acquired a new stake in shares of Anthem in the 4th quarter worth about $30,000. Mizuho Securities Co. Ltd. acquired a new stake in shares of Anthem in the 4th quarter worth about $30,000. CFM Wealth Partners LLC acquired a new stake in shares of Anthem in the 4th quarter worth about $31,000. Princeton Global Asset Management LLC acquired a new stake in shares of Anthem in the 4th quarter worth about $41,000. Finally, Mine & Arao Wealth Creation & Management LLC. acquired a new stake in shares of Anthem in the 4th quarter worth about $45,000. Hedge funds and other institutional investors own 88.30% of the company’s stock.

Several research analysts recently commented on the stock. Deutsche Bank raised their price objective on shares of Anthem from $314.00 to $362.00 and gave the stock a “buy” rating in a report on Tuesday, February 18th. Bank of America dropped their target price on Anthem from $330.00 to $324.00 and set a “neutral” rating on the stock in a report on Thursday, January 30th. Credit Suisse Group dropped their target price on Anthem from $380.00 to $355.00 and set an “outperform” rating on the stock in a report on Friday, January 31st. Evercore ISI upgraded Anthem from an “in-line” rating to an “outperform” rating in a report on Friday, January 3rd. Finally, ValuEngine upgraded Anthem from a “sell” rating to a “hold” rating in a report on Tuesday, January 28th. Five research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of $329.46.

Shares of NYSE:ANTM traded up $8.10 during mid-day trading on Thursday, hitting $224.47. 1,072,768 shares of the company traded hands, compared to its average volume of 3,186,547. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.65 and a current ratio of 1.65. Anthem Inc has a 52-week low of $171.03 and a 52-week high of $312.48. The firm’s 50 day simple moving average is $266.42 and its 200 day simple moving average is $273.63. The firm has a market cap of $49.67 billion, a P/E ratio of 12.17, a PEG ratio of 0.57 and a beta of 0.78.

Anthem (NYSE:ANTM) last posted its quarterly earnings data on Wednesday, January 29th. The company reported $3.88 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.90 by ($0.02). Anthem had a return on equity of 16.34% and a net margin of 4.61%. The business had revenue of $27.13 billion for the quarter, compared to analysts’ expectations of $27.06 billion. During the same quarter in the prior year, the firm earned $2.44 earnings per share. Anthem’s revenue for the quarter was up 16.4% compared to the same quarter last year. Equities research analysts expect that Anthem Inc will post 22.3 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 27th. Shareholders of record on Monday, March 16th will be issued a dividend of $0.95 per share. The ex-dividend date is Friday, March 13th. This is an increase from Anthem’s previous quarterly dividend of $0.80. This represents a $3.80 annualized dividend and a yield of 1.69%. Anthem’s payout ratio is currently 19.55%.

In other Anthem news, CEO Gail Boudreaux acquired 7,600 shares of the company’s stock in a transaction on Thursday, January 30th. The shares were bought at an average cost of $266.65 per share, for a total transaction of $2,026,540.00. Following the acquisition, the chief executive officer now directly owns 24,556 shares of the company’s stock, valued at $6,547,857.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.17% of the stock is owned by insiders.

Anthem Company Profile

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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Institutional Ownership by Quarter for Anthem (NYSE:ANTM)

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