Bp Plc trimmed its position in Anthem Inc (NYSE:ANTM) by 16.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 27,000 shares of the company’s stock after selling 5,500 shares during the quarter. Bp Plc’s holdings in Anthem were worth $7,091,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Oregon Public Employees Retirement Fund grew its stake in Anthem by 24,845.3% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 27,122,063 shares of the company’s stock worth $103,000 after buying an additional 27,013,337 shares during the last quarter. Iridian Asset Management LLC CT grew its stake in Anthem by 129.1% during the 3rd quarter. Iridian Asset Management LLC CT now owns 1,569,169 shares of the company’s stock worth $430,031,000 after buying an additional 884,335 shares during the last quarter. Vanguard Group Inc grew its stake in Anthem by 2.9% during the 3rd quarter. Vanguard Group Inc now owns 18,729,474 shares of the company’s stock worth $5,132,811,000 after buying an additional 532,579 shares during the last quarter. Vanguard Group Inc. grew its stake in Anthem by 2.9% during the 3rd quarter. Vanguard Group Inc. now owns 18,729,474 shares of the company’s stock worth $5,132,811,000 after buying an additional 532,579 shares during the last quarter. Finally, Morgan Stanley grew its stake in Anthem by 65.9% during the 3rd quarter. Morgan Stanley now owns 676,812 shares of the company’s stock worth $185,481,000 after buying an additional 268,900 shares during the last quarter. Institutional investors and hedge funds own 97.06% of the company’s stock.
Shares of Anthem stock opened at $305.70 on Thursday. The company has a quick ratio of 1.54, a current ratio of 1.56 and a debt-to-equity ratio of 0.60. The firm has a market capitalization of $78.69 billion, a PE ratio of 19.24, a PEG ratio of 1.15 and a beta of 0.95. Anthem Inc has a fifty-two week low of $215.52 and a fifty-two week high of $311.60.
Anthem (NYSE:ANTM) last announced its quarterly earnings data on Wednesday, January 30th. The company reported $2.44 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $2.20 by $0.24. The business had revenue of $23.30 billion during the quarter, compared to analyst estimates of $23.27 billion. Anthem had a return on equity of 14.82% and a net margin of 4.07%. The company’s revenue was up 3.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.29 earnings per share. Equities analysts anticipate that Anthem Inc will post 19.12 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 29th. Stockholders of record on Monday, March 18th will be issued a $0.80 dividend. This is a positive change from Anthem’s previous quarterly dividend of $0.75. The ex-dividend date is Friday, March 15th. This represents a $3.20 annualized dividend and a dividend yield of 1.05%. Anthem’s dividend payout ratio is 18.88%.
A number of brokerages have issued reports on ANTM. Barclays reiterated an “overweight” rating and set a $300.00 price target (up previously from $270.00) on shares of Anthem in a research report on Thursday, November 1st. Zacks Investment Research lowered Anthem from a “buy” rating to a “hold” rating in a research report on Monday, January 7th. ValuEngine upgraded Anthem from a “hold” rating to a “buy” rating in a research report on Wednesday, January 30th. Royal Bank of Canada reiterated an “outperform” rating and set a $346.00 price target (up previously from $318.00) on shares of Anthem in a research report on Thursday, January 31st. Finally, BMO Capital Markets boosted their price target on Anthem from $300.00 to $310.00 and gave the stock a “buy” rating in a research report on Thursday, November 1st. Two analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $329.93.
In other news, Director Julie A. Hill sold 500 shares of the company’s stock in a transaction on Thursday, January 31st. The stock was sold at an average price of $299.75, for a total value of $149,875.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Peter D. Haytaian sold 3,000 shares of the company’s stock in a transaction on Thursday, December 27th. The shares were sold at an average price of $256.31, for a total value of $768,930.00. Following the completion of the sale, the executive vice president now owns 42,206 shares of the company’s stock, valued at approximately $10,817,819.86. The disclosure for this sale can be found here. In the last 90 days, insiders sold 23,400 shares of company stock valued at $6,545,411. Insiders own 0.31% of the company’s stock.
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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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