Eaton Vance Management Holds Stake in Anthem, Inc. (ANTM)
Eaton Vance Management maintained its position in Anthem, Inc. (NYSE:ANTM) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 75,191 shares of the company’s stock at the close of the 2nd quarter. Eaton Vance Management’s holdings in Anthem were worth $14,146,000 at the end of the most recent quarter.
Several other large investors also recently bought and sold shares of ANTM. Boston Partners raised its holdings in shares of Anthem by 112.6% in the 1st quarter. Boston Partners now owns 3,895,863 shares of the company’s stock worth $644,298,000 after purchasing an additional 2,063,562 shares during the period. US Bancorp DE raised its holdings in shares of Anthem by 4.1% in the 1st quarter. US Bancorp DE now owns 55,606 shares of the company’s stock worth $9,196,000 after purchasing an additional 2,176 shares during the period. Strategic Advisors LLC bought a new stake in shares of Anthem in the 1st quarter worth approximately $567,000. Point View Wealth Management Inc. raised its holdings in shares of Anthem by 5.0% in the 1st quarter. Point View Wealth Management Inc. now owns 14,788 shares of the company’s stock worth $2,446,000 after purchasing an additional 701 shares during the period. Finally, Xact Kapitalforvaltning AB raised its holdings in shares of Anthem by 10.1% in the 1st quarter. Xact Kapitalforvaltning AB now owns 43,021 shares of the company’s stock worth $7,115,000 after purchasing an additional 3,955 shares during the period. 87.69% of the stock is currently owned by institutional investors.
In other news, Director Julie A. Hill sold 524 shares of the firm’s stock in a transaction on Thursday, August 10th. The shares were sold at an average price of $190.80, for a total transaction of $99,979.20. Following the sale, the director now directly owns 36,924 shares in the company, valued at approximately $7,045,099.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Thomas C. Zielinski sold 9,127 shares of the firm’s stock in a transaction on Thursday, August 10th. The shares were sold at an average price of $191.25, for a total transaction of $1,745,538.75. Following the sale, the executive vice president now owns 26,571 shares in the company, valued at $5,081,703.75. The disclosure for this sale can be found here. Insiders have sold a total of 30,776 shares of company stock worth $6,007,143 over the last 90 days. Insiders own 0.36% of the company’s stock.
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Anthem, Inc. (NYSE:ANTM) opened at 195.95 on Tuesday. Anthem, Inc. has a 52-week low of $114.85 and a 52-week high of $198.98. The stock’s 50 day moving average is $191.62 and its 200-day moving average is $181.23. The stock has a market capitalization of $51.45 billion, a price-to-earnings ratio of 18.53 and a beta of 0.70.
Anthem (NYSE:ANTM) last announced its quarterly earnings data on Wednesday, July 26th. The company reported $3.37 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $3.23 by $0.14. The firm had revenue of $22.20 billion for the quarter, compared to the consensus estimate of $22.25 billion. Anthem had a net margin of 3.24% and a return on equity of 12.93%. The company’s revenue was up 4.3% on a year-over-year basis. During the same period last year, the firm earned $3.33 EPS. Equities research analysts anticipate that Anthem, Inc. will post $11.83 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 25th. Stockholders of record on Friday, September 8th will be given a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a dividend yield of 1.43%. This is an increase from Anthem’s previous quarterly dividend of $0.65. The ex-dividend date is Thursday, September 7th. Anthem’s dividend payout ratio (DPR) is presently 26.52%.
A number of equities research analysts recently commented on the stock. Morgan Stanley assumed coverage on shares of Anthem in a report on Tuesday, June 6th. They issued an “equal weight” rating and a $196.00 price target on the stock. Bank of America Corporation lifted their price target on shares of Anthem from $224.00 to $228.00 and gave the stock a “buy” rating in a report on Friday, July 14th. BidaskClub raised shares of Anthem from a “hold” rating to a “buy” rating in a report on Wednesday, September 6th. Deutsche Bank AG lifted their price target on shares of Anthem from $173.00 to $185.00 and gave the stock a “hold” rating in a report on Thursday, July 13th. Finally, Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $215.00 price target (up previously from $210.00) on shares of Anthem in a report on Wednesday, July 26th. Nine analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. Anthem has a consensus rating of “Buy” and an average target price of $183.94.
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.
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