Anthem Inc (NYSE:ANTM) EVP Peter D. Haytaian sold 3,500 shares of the business’s stock in a transaction dated Monday, August 27th. The shares were 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 of the company’s stock, valued at $15,336,670.08. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

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

Anthem (NYSE:ANTM) last announced its quarterly earnings data on Wednesday, July 25th. The company reported $4.25 earnings per share (EPS) for the quarter, beating the Zacks’ 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 company had revenue of $22.71 billion during the quarter, compared to the consensus estimate of $22.66 billion. During the same period in the previous year, the company posted $3.37 EPS. The firm’s revenue was up 2.3% on a year-over-year basis. sell-side analysts expect that Anthem Inc will post 15.48 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 25th. Shareholders of record on Monday, September 10th will be paid 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 payout ratio is 24.92%.

A number of hedge funds have recently bought and sold shares of ANTM. Financial Gravity Wealth Inc. bought a new position in Anthem in the 1st quarter worth approximately $103,000. Flagship Harbor Advisors LLC bought a new position in Anthem in the 2nd quarter worth approximately $120,000. Reilly Financial Advisors LLC boosted its stake in Anthem by 144.9% in the 1st quarter. Reilly Financial Advisors LLC now owns 556 shares of the company’s stock worth $122,000 after purchasing an additional 329 shares during the period. ClariVest Asset Management LLC boosted its stake in Anthem by 884.4% in the 1st quarter. ClariVest Asset Management LLC now owns 630 shares of the company’s stock worth $139,000 after purchasing an additional 566 shares during the period. Finally, Kaizen Advisory LLC boosted its stake in Anthem by 139.2% in the 2nd quarter. Kaizen Advisory LLC now owns 598 shares of the company’s stock worth $142,000 after purchasing an additional 348 shares during the period. Institutional investors and hedge funds own 86.71% of the company’s stock.

A number of equities research analysts have issued reports on the company. Jefferies Financial Group restated a “buy” rating and set a $296.00 price target on shares of Anthem in a research note on Thursday, July 26th. Morgan Stanley boosted their price objective on Anthem from $269.00 to $273.00 and gave the company an “equal weight” rating in a research note on Thursday, July 26th. Cantor Fitzgerald reiterated a “buy” rating and set a $275.00 price objective on shares of Anthem in a research note on Wednesday, July 25th. BMO Capital Markets upgraded Anthem from a “market perform” rating to an “outperform” rating and boosted their price objective for the company from $275.00 to $290.00 in a research note on Monday, July 9th. Finally, Zacks Investment Research downgraded Anthem from a “buy” rating to a “hold” rating in a research note on Tuesday, July 3rd. Three investment analysts have rated the stock with a hold rating and sixteen have given a buy rating to the stock. Anthem currently has an average rating of “Buy” and a consensus price target of $269.00.

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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Insider Buying and Selling by Quarter for Anthem (NYSE:ANTM)

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