Robeco Institutional Asset Management B.V. Has $183.92 Million Holdings in Anthem Inc (ANTM)

Robeco Institutional Asset Management B.V. cut its holdings in shares of Anthem Inc (NYSE:ANTM) by 6.9% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 671,126 shares of the company’s stock after selling 49,491 shares during the quarter. Anthem makes up approximately 0.7% of Robeco Institutional Asset Management B.V.’s holdings, making the stock its 20th largest holding. Robeco Institutional Asset Management B.V. owned about 0.26% of Anthem worth $183,920,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the business. Daiwa SB Investments Ltd. raised its holdings in shares of Anthem by 7.8% during the second quarter. Daiwa SB Investments Ltd. now owns 5,420 shares of the company’s stock valued at $1,290,000 after purchasing an additional 390 shares during the last quarter. Campbell & CO Investment Adviser LLC raised its holdings in shares of Anthem by 24.0% during the second quarter. Campbell & CO Investment Adviser LLC now owns 1,548 shares of the company’s stock valued at $368,000 after purchasing an additional 300 shares during the last quarter. Atria Investments LLC raised its holdings in shares of Anthem by 5.8% during the second quarter. Atria Investments LLC now owns 5,522 shares of the company’s stock valued at $1,314,000 after purchasing an additional 301 shares during the last quarter. Reliance Trust Co. of Delaware raised its holdings in shares of Anthem by 8.0% during the second quarter. Reliance Trust Co. of Delaware now owns 5,958 shares of the company’s stock valued at $1,418,000 after purchasing an additional 440 shares during the last quarter. Finally, Assenagon Asset Management S.A. raised its holdings in shares of Anthem by 382.2% during the second quarter. Assenagon Asset Management S.A. now owns 15,957 shares of the company’s stock valued at $3,798,000 after purchasing an additional 12,648 shares during the last quarter. Institutional investors own 86.81% of the company’s stock.

A number of brokerages have commented on ANTM. Citigroup cut shares of Anthem from a “buy” rating to a “neutral” rating and set a $162.00 target price for the company. in a report on Monday, September 10th. Jefferies Financial Group reaffirmed a “buy” rating and set a $316.00 target price on shares of Anthem in a report on Friday, October 12th. Morgan Stanley raised shares of Anthem from an “equal weight” rating to an “overweight” rating and upped their target price for the company from $273.00 to $368.00 in a report on Wednesday, September 5th. Credit Suisse Group upped their target price on shares of Anthem from $284.00 to $311.00 and gave the company an “outperform” rating in a report on Tuesday, September 4th. Finally, Cowen began coverage on shares of Anthem in a report on Monday, September 17th. They set an “outperform” rating and a $318.00 target price for the company. Four research analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of $292.19.

In other Anthem news, EVP Thomas C. Zielinski sold 7,826 shares of the company’s stock in a transaction that occurred on Wednesday, November 7th. The shares were sold at an average price of $289.71, for a total value of $2,267,270.46. Following the completion of the transaction, the executive vice president now directly owns 29,466 shares in the company, valued at $8,536,594.86. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Julie A. Hill sold 500 shares of the company’s stock in a transaction that occurred on Thursday, November 8th. The stock was sold at an average price of $287.25, for a total transaction of $143,625.00. Following the completion of the transaction, the director now owns 34,327 shares of the company’s stock, valued at $9,860,430.75. The disclosure for this sale can be found here. Over the last quarter, insiders sold 23,773 shares of company stock valued at $6,554,741. Company insiders own 0.31% of the company’s stock.

Shares of ANTM stock opened at $287.06 on Friday. Anthem Inc has a 12 month low of $214.95 and a 12 month high of $290.84. The company has a market cap of $74.99 billion, a price-to-earnings ratio of 23.84, a price-to-earnings-growth ratio of 1.49 and a beta of 0.86. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.53 and a quick ratio of 1.54.

Anthem (NYSE:ANTM) last posted its quarterly earnings results on Wednesday, October 31st. The company reported $3.81 earnings per share for the quarter, topping the Zacks’ consensus estimate of $3.70 by $0.11. The business had revenue of $22.98 billion during the quarter, compared to analyst estimates of $22.85 billion. Anthem had a net margin of 4.98% and a return on equity of 13.99%. The company’s revenue was up 4.0% on a year-over-year basis. During the same period in the prior year, the business posted $2.65 earnings per share. As a group, research analysts predict that Anthem Inc will post 15.65 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, December 21st. Shareholders of record on Wednesday, December 5th will be given a $0.75 dividend. The ex-dividend date of this dividend is Tuesday, December 4th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 1.05%. Anthem’s payout ratio is currently 24.92%.

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About Anthem

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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