Federated Investors Inc. PA grew its stake in shares of Anthem Inc (NYSE:ANTM) by 41.7% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 158,636 shares of the company’s stock after acquiring an additional 46,696 shares during the quarter. Federated Investors Inc. PA owned about 0.06% of Anthem worth $37,760,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Mitchell Capital Management Co. increased its holdings in Anthem by 33.3% in the 2nd quarter. Mitchell Capital Management Co. now owns 4,839 shares of the company’s stock worth $1,152,000 after buying an additional 1,208 shares during the period. Sentry Investment Management LLC increased its holdings in Anthem by 13.6% in the 2nd quarter. Sentry Investment Management LLC now owns 16,836 shares of the company’s stock worth $4,007,000 after buying an additional 2,011 shares during the period. Artisan Partners Limited Partnership increased its holdings in Anthem by 40.2% in the 2nd quarter. Artisan Partners Limited Partnership now owns 1,788,388 shares of the company’s stock worth $425,690,000 after buying an additional 512,962 shares during the period. Great West Life Assurance Co. Can increased its holdings in Anthem by 5.9% in the 2nd quarter. Great West Life Assurance Co. Can now owns 344,888 shares of the company’s stock worth $82,141,000 after buying an additional 19,334 shares during the period. Finally, Patton Albertson Miller Group LLC increased its holdings in Anthem by 10.4% in the 2nd quarter. Patton Albertson Miller Group LLC now owns 2,622 shares of the company’s stock worth $624,000 after buying an additional 246 shares during the period. Hedge funds and other institutional investors own 86.71% of the company’s stock.

In other Anthem news, EVP Peter D. Haytaian sold 3,500 shares of the company’s stock in a transaction that occurred on Monday, August 27th. The stock was sold at an average price of $265.92, for a total value of $930,720.00. Following the sale, the executive vice president now owns 57,674 shares in the company, valued at approximately $15,336,670.08. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, EVP Craig E. Samitt sold 19,541 shares of the company’s stock in a transaction that occurred on Thursday, July 26th. The stock was sold at an average price of $246.68, for a total value of $4,820,373.88. Following the completion of the sale, the executive vice president now owns 20,857 shares in the company, valued at approximately $5,145,004.76. The disclosure for this sale can be found here. In the last 90 days, insiders sold 23,289 shares of company stock worth $5,817,312. Insiders own 0.31% of the company’s stock.

Several equities analysts recently weighed in on the stock. Jefferies Financial Group reiterated a “buy” rating and issued a $296.00 price target on shares of Anthem in a report on Thursday, July 26th. Morgan Stanley increased their price target on shares of Anthem from $269.00 to $273.00 and gave the stock an “equal weight” rating in a report on Thursday, July 26th. Zacks Investment Research downgraded shares of Anthem from a “buy” rating to a “hold” rating in a report on Tuesday, June 19th. Cantor Fitzgerald reiterated a “buy” rating and issued a $275.00 price target on shares of Anthem in a report on Wednesday, July 25th. Finally, ValuEngine downgraded shares of Anthem from a “buy” rating to a “hold” rating in a report on Friday, June 1st. Three research analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the stock. Anthem currently has an average rating of “Buy” and an average price target of $269.00.

Anthem stock opened at $265.01 on Friday. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.52 and a current ratio of 1.52. Anthem Inc has a 12 month low of $179.40 and a 12 month high of $268.13. The company has a market capitalization of $69.33 billion, a price-to-earnings ratio of 19.61, a P/E/G ratio of 1.45 and a beta of 0.89.

Anthem (NYSE:ANTM) last released its quarterly earnings data on Wednesday, July 25th. The company reported $4.25 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $4.16 by $0.09. Anthem had a return on equity of 13.28% and a net margin of 4.79%. The business had revenue of $22.71 billion for the quarter, compared to analyst estimates of $22.66 billion. During the same quarter in the prior year, the firm posted $3.37 EPS. The business’s quarterly revenue was up 2.3% compared to the same quarter last year. sell-side analysts expect that Anthem Inc will post 15.48 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 25th. Shareholders of record on Monday, September 10th will be given a $0.75 dividend. The ex-dividend date of this dividend is Friday, September 7th. This represents a $3.00 annualized dividend and a yield of 1.13%. Anthem’s dividend payout ratio is presently 24.92%.

Anthem Company Profile

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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Institutional Ownership by Quarter for Anthem (NYSE:ANTM)

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