Anthem, Inc. (ANTM) Shares Bought by Oregon Public Employees Retirement Fund
Oregon Public Employees Retirement Fund raised its position in shares of Anthem, Inc. (NYSE:ANTM) by 59.0% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 144,097 shares of the company’s stock after purchasing an additional 53,497 shares during the quarter. Oregon Public Employees Retirement Fund owned 0.05% of Anthem worth $27,361,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently bought and sold shares of ANTM. Atlantic Trust LLC grew its stake in Anthem by 9.2% during the 1st quarter. Atlantic Trust LLC now owns 2,114 shares of the company’s stock valued at $350,000 after purchasing an additional 178 shares during the last quarter. Nomura Asset Management Co. Ltd. grew its stake in Anthem by 1.9% during the 1st quarter. Nomura Asset Management Co. Ltd. now owns 50,776 shares of the company’s stock valued at $8,397,000 after purchasing an additional 963 shares during the last quarter. Polianta Ltd purchased a new stake in Anthem during the 2nd quarter valued at about $1,147,000. DnB Asset Management AS grew its stake in Anthem by 26.7% during the 2nd quarter. DnB Asset Management AS now owns 117,050 shares of the company’s stock valued at $22,021,000 after purchasing an additional 24,700 shares during the last quarter. Finally, Livforsakringsbolaget Skandia Omsesidigt lifted its holdings in shares of Anthem by 19.0% in the 2nd quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 24,082 shares of the company’s stock valued at $4,531,000 after buying an additional 3,850 shares during the period. Institutional investors and hedge funds own 89.99% of the company’s stock.
In other news, EVP Thomas C. Zielinski sold 9,127 shares of the company’s stock in a transaction that occurred on Thursday, August 10th. The stock was sold at an average price of $191.25, for a total value of $1,745,538.75. Following the completion of the sale, the executive vice president now directly owns 26,571 shares in the company, valued at $5,081,703.75. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Joseph Swedish sold 21,125 shares of the company’s stock in a transaction that occurred on Monday, October 2nd. The shares were sold at an average price of $190.63, for a total value of $4,027,058.75. The disclosure for this sale can be found here. Insiders have sold 73,026 shares of company stock valued at $14,467,283 in the last three months. Insiders own 0.36% of the company’s stock.
Shares of Anthem, Inc. (ANTM) traded down $0.34 during trading on Wednesday, hitting $217.13. The company’s stock had a trading volume of 586,596 shares, compared to its average volume of 1,885,964. Anthem, Inc. has a fifty-two week low of $118.42 and a fifty-two week high of $220.75. The firm has a market capitalization of $55,537.30, a PE ratio of 17.36, a P/E/G ratio of 1.78 and a beta of 0.77. The company has a quick ratio of 1.51, a current ratio of 1.51 and a debt-to-equity ratio of 0.53.
Anthem (NYSE:ANTM) last announced its earnings results on Wednesday, October 25th. The company reported $2.65 EPS for the quarter, beating analysts’ consensus estimates of $2.40 by $0.25. Anthem had a return on equity of 12.97% and a net margin of 3.35%. The business had revenue of $22.10 billion during the quarter, compared to analysts’ expectations of $22.10 billion. During the same quarter in the prior year, the firm earned $2.45 earnings per share. The business’s revenue was up 4.6% compared to the same quarter last year. equities analysts forecast that Anthem, Inc. will post 11.97 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Thursday, December 21st. Shareholders of record on Tuesday, December 5th will be issued a dividend of $0.70 per share. The ex-dividend date is Monday, December 4th. This represents a $2.80 dividend on an annualized basis and a dividend yield of 1.29%. Anthem’s payout ratio is currently 25.32%.
Several equities analysts have recently issued reports on the company. Morgan Stanley boosted their price objective on Anthem from $201.00 to $215.00 and gave the company an “equal weight” rating in a report on Thursday, October 26th. Zacks Investment Research raised Anthem from a “hold” rating to a “buy” rating and set a $212.00 price objective for the company in a report on Thursday, September 14th. Bank of America Corporation boosted their price objective on Anthem from $224.00 to $228.00 and gave the company a “buy” rating in a report on Friday, July 14th. BidaskClub raised Anthem from a “hold” rating to a “buy” rating in a report on Wednesday, September 6th. Finally, Deutsche Bank AG boosted their price objective on Anthem from $173.00 to $185.00 and gave the company a “hold” rating in a report on Thursday, July 13th. Eight research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. Anthem currently has a consensus rating of “Buy” and an average price target of $197.69.
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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