Greatmark Investment Partners Inc. Has $4.20 Million Stake in Anthem Inc (NYSE:ANTM)
Greatmark Investment Partners Inc. raised its stake in Anthem Inc (NYSE:ANTM) by 0.9% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 14,869 shares of the company’s stock after buying an additional 126 shares during the period. Anthem comprises 1.3% of Greatmark Investment Partners Inc.’s holdings, making the stock its 26th largest position. Greatmark Investment Partners Inc.’s holdings in Anthem were worth $4,196,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors also recently added to or reduced their stakes in ANTM. NuWave Investment Management LLC increased its holdings in Anthem by 46.3% during the 2nd quarter. NuWave Investment Management LLC now owns 120 shares of the company’s stock worth $34,000 after purchasing an additional 38 shares in the last quarter. Sonora Investment Management LLC grew its stake in shares of Anthem by 38.0% in the second quarter. Sonora Investment Management LLC now owns 138 shares of the company’s stock worth $39,000 after purchasing an additional 38 shares during the last quarter. Convergence Investment Partners LLC grew its stake in shares of Anthem by 4.2% in the second quarter. Convergence Investment Partners LLC now owns 943 shares of the company’s stock worth $266,000 after purchasing an additional 38 shares during the last quarter. Brighton Jones LLC grew its stake in shares of Anthem by 3.7% in the first quarter. Brighton Jones LLC now owns 1,082 shares of the company’s stock worth $311,000 after purchasing an additional 39 shares during the last quarter. Finally, Wright Investors Service Inc. grew its stake in shares of Anthem by 0.4% in the second quarter. Wright Investors Service Inc. now owns 10,050 shares of the company’s stock worth $2,836,000 after purchasing an additional 41 shares during the last quarter. 87.69% of the stock is currently owned by hedge funds and other institutional investors.
In other news, EVP Thomas C. Zielinski sold 8,826 shares of Anthem stock in a transaction that occurred on Tuesday, June 11th. The shares were sold at an average price of $283.92, for a total transaction of $2,505,877.92. Following the completion of the transaction, the executive vice president now directly owns 33,183 shares in the company, valued at $9,421,317.36. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Ramiro G. Peru sold 1,656 shares of Anthem stock in a transaction that occurred on Tuesday, May 21st. The shares were sold at an average price of $275.00, for a total transaction of $455,400.00. Following the transaction, the director now owns 11,173 shares of the company’s stock, valued at $3,072,575. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 11,765 shares of company stock worth $3,327,092. Insiders own 0.17% of the company’s stock.
Anthem stock traded down $0.47 during trading hours on Monday, hitting $275.07. 517,190 shares of the stock traded hands, compared to its average volume of 1,294,190. The firm’s 50-day moving average price is $291.98 and its two-hundred day moving average price is $286.73. The company has a current ratio of 1.64, a quick ratio of 1.64 and a debt-to-equity ratio of 0.57. The company has a market cap of $70.88 billion, a PE ratio of 17.31, a PEG ratio of 1.01 and a beta of 0.71. Anthem Inc has a one year low of $227.16 and a one year high of $317.99.
Anthem (NYSE:ANTM) last posted its quarterly earnings data on Wednesday, July 24th. The company reported $4.64 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $4.61 by $0.03. The business had revenue of $25.20 billion for the quarter, compared to analysts’ expectations of $24.88 billion. Anthem had a return on equity of 15.02% and a net margin of 4.21%. The business’s revenue was up 10.9% on a year-over-year basis. During the same period in the previous year, the firm posted $4.25 EPS. On average, sell-side analysts expect that Anthem Inc will post 19.35 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 25th. Shareholders of record on Tuesday, September 10th will be given a dividend of $0.80 per share. The ex-dividend date is Monday, September 9th. This represents a $3.20 annualized dividend and a yield of 1.16%. Anthem’s payout ratio is 20.14%.
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.
Want to see what other hedge funds are holding ANTM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Anthem Inc (NYSE:ANTM).
Receive News & Ratings for Anthem Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Anthem and related companies with MarketBeat.com's FREE daily email newsletter.