Mutual of America Capital Management LLC Acquires 37 Shares of Anthem, Inc. (NYSE:ANTM)

Mutual of America Capital Management LLC raised its holdings in shares of Anthem, Inc. (NYSE:ANTM) by 0.1% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 32,043 shares of the company’s stock after purchasing an additional 37 shares during the period. Mutual of America Capital Management LLC’s holdings in Anthem were worth $11,946,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Destiny Wealth Partners LLC bought a new position in Anthem during the 3rd quarter valued at approximately $26,000. Canton Hathaway LLC bought a new position in Anthem during the 3rd quarter valued at approximately $28,000. Castleview Partners LLC purchased a new position in shares of Anthem during the 2nd quarter worth approximately $30,000. Itau Unibanco Holding S.A. purchased a new position in shares of Anthem during the 2nd quarter worth approximately $32,000. Finally, JJJ Advisors Inc. grew its holdings in shares of Anthem by 111.1% during the 3rd quarter. JJJ Advisors Inc. now owns 95 shares of the company’s stock worth $35,000 after acquiring an additional 50 shares during the period. 87.91% of the stock is owned by institutional investors and hedge funds.

In related news, CAO Ronald W. Penczek sold 1,150 shares of the firm’s stock in a transaction on Thursday, October 28th. The stock was sold at an average price of $436.00, for a total value of $501,400.00. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.28% of the stock is owned by corporate insiders.

ANTM has been the topic of a number of research analyst reports. Credit Suisse Group upped their target price on Anthem from $425.00 to $486.00 and gave the stock an “outperform” rating in a report on Thursday, October 21st. Morgan Stanley upped their target price on Anthem from $486.00 to $561.00 and gave the stock an “overweight” rating in a report on Friday, December 17th. BMO Capital Markets upped their target price on Anthem from $465.00 to $500.00 and gave the stock an “outperform” rating in a report on Friday, October 22nd. Argus upped their price target on Anthem from $435.00 to $475.00 and gave the stock a “buy” rating in a research note on Monday, October 25th. Finally, Mizuho upgraded Anthem from a “neutral” rating to a “buy” rating and upped their price target for the stock from $450.00 to $510.00 in a research note on Monday, December 20th. Two investment analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, Anthem has an average rating of “Buy” and an average target price of $485.29.

NYSE ANTM opened at $452.14 on Friday. The business’s fifty day moving average price is $435.37 and its 200-day moving average price is $403.86. The stock has a market capitalization of $109.74 billion, a price-to-earnings ratio of 20.29, a PEG ratio of 1.17 and a beta of 1.06. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.48 and a quick ratio of 1.48. Anthem, Inc. has a 1-year low of $286.04 and a 1-year high of $470.02.

Anthem (NYSE:ANTM) last released its quarterly earnings results on Tuesday, October 19th. The company reported $6.79 earnings per share for the quarter, beating the consensus estimate of $6.37 by $0.42. The firm had revenue of $35.55 billion for the quarter, compared to analysts’ expectations of $35.35 billion. Anthem had a return on equity of 16.78% and a net margin of 4.12%. The company’s revenue was up 16.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $4.20 EPS. Equities research analysts anticipate that Anthem, Inc. will post 25.96 EPS for the current year.

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 21st. Stockholders of record on Friday, December 3rd were issued a dividend of $1.13 per share. The ex-dividend date was Thursday, December 2nd. This represents a $4.52 annualized dividend and a dividend yield of 1.00%. Anthem’s payout ratio is 20.29%.

Anthem Profile

Anthem, Inc provides life, hospital and medical insurance plans. It offers a broad spectrum of network-based managed care health benefit plans to the large and small employer, individual, Medicaid, and Medicare markets. The company operates through the following segments: Commercial & Specialty Business, Government Business, IngenioRx and Other.

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Institutional Ownership by Quarter for Anthem (NYSE:ANTM)

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