Whittier Trust Co. of Nevada Inc. raised its holdings in shares of Anthem Inc (NYSE:ANTM) by 12.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 18,783 shares of the company’s stock after purchasing an additional 2,105 shares during the quarter. Whittier Trust Co. of Nevada Inc.’s holdings in Anthem were worth $4,510,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in ANTM. Barrow Hanley Mewhinney & Strauss LLC lifted its position in shares of Anthem by 101.2% during the second quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 3,821,672 shares of the company’s stock worth $1,078,514,000 after purchasing an additional 1,921,814 shares during the last quarter. Nuveen Asset Management LLC lifted its position in shares of Anthem by 5,130.7% during the second quarter. Nuveen Asset Management LLC now owns 1,531,222 shares of the company’s stock worth $432,125,000 after purchasing an additional 1,501,948 shares during the last quarter. Boston Partners lifted its position in shares of Anthem by 33.9% during the second quarter. Boston Partners now owns 2,437,084 shares of the company’s stock worth $688,249,000 after purchasing an additional 617,137 shares during the last quarter. Prudential PLC lifted its position in shares of Anthem by 108.1% during the second quarter. Prudential PLC now owns 821,298 shares of the company’s stock worth $231,673,000 after purchasing an additional 426,668 shares during the last quarter. Finally, Morgan Stanley lifted its position in shares of Anthem by 47.2% during the second quarter. Morgan Stanley now owns 1,182,408 shares of the company’s stock worth $333,685,000 after purchasing an additional 378,897 shares during the last quarter. Institutional investors and hedge funds own 88.45% of the company’s stock.

ANTM traded up $0.15 during mid-day trading on Friday, hitting $249.40. 1,502,378 shares of the stock were exchanged, compared to its average volume of 1,557,897. The firm’s fifty day moving average is $247.85 and its two-hundred day moving average is $270.81. Anthem Inc has a 1-year low of $227.16 and a 1-year high of $317.99. 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 $63.76 billion, a PE ratio of 15.70, a PEG ratio of 0.92 and a beta of 0.73.

Anthem (NYSE:ANTM) last posted its earnings results on Wednesday, July 24th. The company reported $4.64 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $4.61 by $0.03. The firm had revenue of $25.20 billion for the quarter, compared to analyst estimates of $24.88 billion. Anthem had a return on equity of 15.02% and a net margin of 4.21%. Anthem’s revenue was up 10.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $4.25 EPS. As a group, research analysts anticipate that Anthem Inc will post 19.35 earnings per share for the current year.

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 25th. Shareholders of record on Tuesday, September 10th were given a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a yield of 1.28%. The ex-dividend date of this dividend was Monday, September 9th. Anthem’s dividend payout ratio is currently 20.14%.

A number of research analysts have issued reports on ANTM shares. Wells Fargo & Co reissued a “buy” rating on shares of Anthem in a report on Friday, July 26th. Morgan Stanley decreased their price target on Anthem from $371.00 to $356.00 and set an “overweight” rating for the company in a report on Thursday, September 26th. Zacks Investment Research downgraded Anthem from a “buy” rating to a “hold” rating and set a $289.00 price target for the company. in a report on Monday, August 19th. Mizuho started coverage on Anthem in a report on Thursday. They issued a “neutral” rating and a $262.00 price target for the company. Finally, ValuEngine raised Anthem from a “sell” rating to a “hold” rating in a report on Saturday. Four investment analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of $320.67.

In other Anthem news, Director Robert L. Dixon, Jr. sold 520 shares of the stock in a transaction dated Friday, July 26th. The stock was sold at an average price of $294.11, for a total value of $152,937.20. Following the sale, the director now owns 9,971 shares of the company’s stock, valued at approximately $2,932,570.81. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.17% of the stock is owned by company insiders.

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.

Read More: Federal Reserve

Institutional Ownership by Quarter for Anthem (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.