Swiss National Bank Trims Holdings in Anthem Inc (ANTM)
Swiss National Bank lowered its position in Anthem Inc (NYSE:ANTM) by 3.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 885,141 shares of the company’s stock after selling 33,100 shares during the quarter. Swiss National Bank’s holdings in Anthem were worth $242,573,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Iridian Asset Management LLC CT acquired a new position in shares of Anthem in the second quarter valued at approximately $163,011,000. Orbimed Advisors LLC acquired a new position in shares of Anthem in the second quarter valued at approximately $126,584,000. Artisan Partners Limited Partnership increased its holdings in shares of Anthem by 40.2% in the second quarter. Artisan Partners Limited Partnership now owns 1,788,388 shares of the company’s stock valued at $425,690,000 after purchasing an additional 512,962 shares during the period. Bessemer Group Inc. increased its holdings in shares of Anthem by 1,097.5% in the second quarter. Bessemer Group Inc. now owns 463,480 shares of the company’s stock valued at $110,322,000 after purchasing an additional 424,775 shares during the period. Finally, Sei Investments Co. grew its holdings in Anthem by 1,123.7% during the second quarter. Sei Investments Co. now owns 427,853 shares of the company’s stock worth $101,841,000 after acquiring an additional 392,889 shares during the period. Institutional investors own 87.04% of the company’s stock.
In related news, CAO Ronald W. Penczek sold 763 shares of the stock in a transaction dated Tuesday, September 4th. The stock was sold at an average price of $265.56, for a total transaction of $202,622.28. Following the transaction, the chief accounting officer now directly owns 1,334 shares in the company, valued at $354,257.04. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Thomas C. Zielinski sold 7,826 shares of the stock in a transaction dated Wednesday, November 7th. The stock was sold at an average price of $289.71, for a total value of $2,267,270.46. Following the transaction, the executive vice president now owns 29,466 shares in the company, valued at $8,536,594.86. The disclosure for this sale can be found here. Insiders have sold 23,525 shares of company stock worth $6,488,523 over the last quarter. 0.31% of the stock is currently owned by company insiders.
Shares of NYSE:ANTM opened at $277.39 on Thursday. The company has a current ratio of 1.53, a quick ratio of 1.54 and a debt-to-equity ratio of 0.59. Anthem Inc has a 52-week low of $215.52 and a 52-week high of $290.84. The firm has a market capitalization of $73.11 billion, a PE ratio of 23.04, a P/E/G ratio of 1.45 and a beta of 0.86.
Anthem (NYSE:ANTM) last issued its quarterly earnings data on Wednesday, October 31st. The company reported $3.81 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $3.70 by $0.11. Anthem had a return on equity of 13.99% and a net margin of 4.98%. The business had revenue of $22.98 billion for the quarter, compared to the consensus estimate of $22.85 billion. During the same period in the prior year, the business earned $2.65 earnings per share. The business’s revenue was up 4.0% on a year-over-year basis. On average, equities analysts anticipate that Anthem Inc will post 15.66 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 21st. Stockholders of record on Wednesday, December 5th will be given a $0.75 dividend. The ex-dividend date of this dividend is Tuesday, December 4th. This represents a $3.00 annualized dividend and a dividend yield of 1.08%. Anthem’s dividend payout ratio is currently 24.92%.
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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