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.

ANTM has been the topic of several recent analyst reports. Barclays raised their target price on Anthem from $316.00 to $317.00 and gave the stock an “overweight” rating in a research note on Thursday, April 25th. Morgan Stanley raised their target price on Anthem from $359.00 to $371.00 and gave the stock an “overweight” rating in a research note on Friday, July 12th. Zacks Investment Research cut Anthem from a “buy” rating to a “hold” rating and set a $289.00 target price on the stock. in a research note on Monday. UBS Group initiated coverage on Anthem in a research note on Tuesday, April 23rd. They issued a “buy” rating and a $294.00 target price on the stock. Finally, Citigroup raised Anthem from a “neutral” rating to a “buy” rating and set a $325.00 target price on the stock in a research note on Friday, May 10th. Three analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $325.40.

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 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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