Anthem, Inc. (ANTM) SVP Ronald W. Penczek Sells 867 Shares
Anthem, Inc. (NYSE:ANTM) SVP Ronald W. Penczek sold 867 shares of the company’s stock in a transaction dated Wednesday, June 7th. The stock was sold at an average price of $187.46, for a total value of $162,527.82. Following the sale, the senior vice president now owns 1,872 shares of the company’s stock, valued at $350,925.12. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.
Anthem, Inc. (NYSE:ANTM) traded up 0.64% during midday trading on Friday, hitting $189.96. The stock had a trading volume of 1,864,260 shares. The stock’s 50-day moving average is $182.60 and its 200-day moving average is $163.91. Anthem, Inc. has a one year low of $114.85 and a one year high of $190.26. The company has a market cap of $50.34 billion, a P/E ratio of 18.41 and a beta of 0.68.
Anthem (NYSE:ANTM) last issued its quarterly earnings results on Wednesday, April 26th. The company reported $4.68 EPS for the quarter, topping analysts’ consensus estimates of $3.85 by $0.83. The company had revenue of $22.32 billion for the quarter, compared to analyst estimates of $21.23 billion. Anthem had a net margin of 3.19% and a return on equity of 13.13%. Anthem’s revenue was up 9.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $3.46 earnings per share. Equities analysts predict that Anthem, Inc. will post $11.78 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Friday, June 23rd. Stockholders of record on Friday, June 9th will be issued a dividend of $0.65 per share. The ex-dividend date is Wednesday, June 7th. This represents a $2.60 dividend on an annualized basis and a dividend yield of 1.37%. Anthem’s dividend payout ratio (DPR) is presently 25.22%.
WARNING: “Anthem, Inc. (ANTM) SVP Ronald W. Penczek Sells 867 Shares” was first posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are reading this piece on another publication, it was copied illegally and reposted in violation of U.S. & international copyright & trademark law. The original version of this piece can be viewed at https://www.thecerbatgem.com/2017/06/16/anthem-inc-antm-svp-ronald-w-penczek-sells-867-shares-updated.html.
Several institutional investors have recently modified their holdings of ANTM. Polar Capital LLP increased its position in shares of Anthem by 4.8% in the third quarter. Polar Capital LLP now owns 508,539 shares of the company’s stock worth $63,725,000 after buying an additional 23,291 shares in the last quarter. Bloom Tree Partners LLC increased its position in shares of Anthem by 28.5% in the third quarter. Bloom Tree Partners LLC now owns 463,286 shares of the company’s stock worth $58,054,000 after buying an additional 102,870 shares in the last quarter. Hsbc Holdings PLC increased its position in shares of Anthem by 2.6% in the third quarter. Hsbc Holdings PLC now owns 282,907 shares of the company’s stock worth $35,438,000 after buying an additional 7,274 shares in the last quarter. United Services Automobile Association increased its position in shares of Anthem by 5.1% in the third quarter. United Services Automobile Association now owns 408,985 shares of the company’s stock worth $51,250,000 after buying an additional 19,985 shares in the last quarter. Finally, OMERS ADMINISTRATION Corp increased its position in shares of Anthem by 69.7% in the third quarter. OMERS ADMINISTRATION Corp now owns 837,350 shares of the company’s stock worth $104,928,000 after buying an additional 344,050 shares in the last quarter. Institutional investors own 88.74% of the company’s stock.
A number of research analysts recently commented on ANTM shares. Deutsche Bank AG assumed coverage on Anthem in a report on Wednesday, April 5th. They set a “hold” rating and a $166.00 target price on the stock. Sanford C. Bernstein increased their target price on Anthem from $202.00 to $212.00 and gave the stock an “outperform” rating in a report on Friday, April 28th. Cantor Fitzgerald reaffirmed a “hold” rating and set a $165.00 target price on shares of Anthem in a report on Monday, April 24th. Jefferies Group LLC increased their target price on Anthem from $172.00 to $177.00 and gave the stock a “hold” rating in a report on Thursday, March 30th. Finally, Royal Bank of Canada reissued an “outperform” rating and issued a $183.00 price target (up previously from $179.00) on shares of Anthem in a report on Thursday, April 27th. Eleven analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $164.56.
Anthem Company Profile
Anthem, Inc is a health benefits company. The Company operates through three segments: Commercial and Specialty Business, Government Business and Other. It offers a spectrum of network-based managed care plans to large and small employer, individual, Medicaid and Medicare markets. Its managed care plans include preferred provider organizations; health maintenance organizations; point-of-service plans; indemnity plans and other hybrid plans, including consumer-driven health plans; and hospital only and limited benefit products.
Receive News & Stock Ratings for Anthem Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Anthem Inc. and related stocks with our FREE daily email newsletter.