Anthem Inc. (ANTM) Stake Raised by Nisa Investment Advisors LLC
Nisa Investment Advisors LLC raised its position in Anthem Inc. (NYSE:ANTM) by 0.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 128,149 shares of the company’s stock after buying an additional 550 shares during the period. Nisa Investment Advisors LLC’s holdings in Anthem were worth $16,831,000 at the end of the most recent reporting period.
A number of other institutional investors have also bought and sold shares of ANTM. Integrated Investment Consultants LLC increased its stake in Anthem by 21.4% in the second quarter. Integrated Investment Consultants LLC now owns 850 shares of the company’s stock worth $112,000 after buying an additional 150 shares in the last quarter. Nikko Asset Management Americas Inc. bought a new stake in Anthem during the first quarter worth approximately $196,000. AIMZ Investment Advisors LLC bought a new stake in Anthem during the first quarter worth approximately $201,000. Boothbay Fund Management LLC increased its stake in Anthem by 3.9% in the first quarter. Boothbay Fund Management LLC now owns 1,607 shares of the company’s stock worth $223,000 after buying an additional 61 shares in the last quarter. Finally, First Financial Corp IN increased its stake in Anthem by 13.3% in the second quarter. First Financial Corp IN now owns 2,280 shares of the company’s stock worth $299,000 after buying an additional 268 shares in the last quarter. 89.44% of the stock is currently owned by institutional investors.
Anthem Inc. (NYSE:ANTM) traded up 0.30% during mid-day trading on Friday, reaching $125.31. The company’s stock had a trading volume of 1,968,246 shares. Anthem Inc. has a 52-week low of $115.63 and a 52-week high of $149.87. The firm has a 50 day moving average price of $126.68 and a 200 day moving average price of $133.63. The company has a market cap of $32.98 billion, a price-to-earnings ratio of 14.49 and a beta of 0.45.
Anthem (NYSE:ANTM) last issued its earnings results on Wednesday, July 27th. The company reported $3.33 EPS for the quarter, beating analysts’ consensus estimates of $3.23 by $0.10. Anthem had a return on equity of 12.16% and a net margin of 2.83%. The business earned $21.27 billion during the quarter, compared to analyst estimates of $20.53 billion. During the same period in the previous year, the company posted $3.10 EPS. The firm’s revenue was up 7.7% compared to the same quarter last year. Equities research analysts anticipate that Anthem Inc. will post $10.87 earnings per share for the current year.
The company also recently announced a quarterly dividend, which was paid on Monday, September 26th. Investors of record on Friday, September 9th were given a $0.65 dividend. This represents a $2.60 dividend on an annualized basis and a yield of 2.07%. The ex-dividend date was Wednesday, September 7th. Anthem’s payout ratio is 30.06%.
ANTM has been the subject of a number of recent analyst reports. Citigroup Inc. reiterated a “buy” rating and issued a $172.00 price objective on shares of Anthem in a report on Tuesday, June 21st. Leerink Swann reiterated a “buy” rating and issued a $160.00 price objective on shares of Anthem in a report on Thursday, June 16th. Jefferies Group dropped their price objective on Anthem from $157.00 to $156.00 and set a “buy” rating for the company in a report on Thursday, July 28th. Barclays PLC dropped their price objective on Anthem from $158.00 to $151.00 and set an “equal weight” rating for the company in a report on Thursday, July 28th. Finally, Zacks Investment Research upgraded Anthem from a “sell” rating to a “hold” rating in a report on Tuesday, August 30th. Nine research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $161.55.
In other news, Director William J. Ryan sold 3,125 shares of the business’s stock in a transaction that occurred on Thursday, July 28th. The stock was sold at an average price of $133.15, for a total value of $416,093.75. Following the transaction, the director now owns 27,149 shares in the company, valued at approximately $3,614,889.35. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Joseph Swedish sold 8,171 shares of the business’s stock in a transaction that occurred on Monday, July 11th. The stock was sold at an average price of $131.49, for a total value of $1,074,404.79. Following the completion of the transaction, the chief executive officer now owns 112,594 shares in the company, valued at approximately $14,804,985.06. The disclosure for this sale can be found here. 0.37% of the stock is owned by corporate insiders.
Anthem Company Profile
Anthem, Inc is a health benefit company. The Company offers a range of network-based managed care plans to large and small employer, individual, Medicaid and Medicare markets. The Company has three segments: Commercial and Specialty Business, Government Business and Other. The Company’s Commercial and Specialty Business, and Government Business segments offer managed care products, including preferred provider organizations (PPOs), health maintenance organizations (HMOs), traditional indemnity benefits and point-of-service (POS) plans, as well as various hybrid benefit plans, including consumer-driven health plans (CDHPs), hospital only and limited benefit products.
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