Sector Gamma AS lifted its holdings in Anthem Inc (NYSE:ANTM) by 2.1% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 74,607 shares of the company’s stock after purchasing an additional 1,500 shares during the quarter. Anthem comprises about 3.0% of Sector Gamma AS’s portfolio, making the stock its 11th biggest position. Sector Gamma AS’s holdings in Anthem were worth $17,913,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of ANTM. Squar Milner Financial Services LLC purchased a new position in shares of Anthem during the 2nd quarter valued at about $28,000. Next Capital Management LLC purchased a new position in shares of Anthem during the 2nd quarter valued at about $30,000. Motco purchased a new position in shares of Anthem during the 2nd quarter valued at about $31,000. NuWave Investment Management LLC raised its stake in shares of Anthem by 46.3% during the 2nd quarter. NuWave Investment Management LLC now owns 120 shares of the company’s stock valued at $34,000 after buying an additional 38 shares during the last quarter. Finally, Clean Yield Group purchased a new position in shares of Anthem during the 2nd quarter valued at about $36,000. 89.09% of the stock is owned by hedge funds and other institutional investors.

In other Anthem news, EVP Peter D. Haytaian sold 9,586 shares of the business’s stock in a transaction that occurred on Monday, October 28th. The stock was sold at an average price of $269.57, for a total transaction of $2,584,098.02. Following the completion of the sale, the executive vice president now directly owns 42,488 shares in the company, valued at approximately $11,453,490.16. The transaction was disclosed in a document filed with the SEC, which is available through this link. 0.17% of the stock is currently owned by insiders.

Shares of Anthem stock traded up $2.32 on Friday, hitting $282.09. The company’s stock had a trading volume of 1,213,272 shares, compared to its average volume of 1,697,421. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.70 and a current ratio of 1.70. Anthem Inc has a 1 year low of $227.16 and a 1 year high of $317.99. The firm has a fifty day moving average price of $252.84 and a 200-day moving average price of $270.42. The company has a market capitalization of $69.22 billion, a price-to-earnings ratio of 17.75, a price-to-earnings-growth ratio of 1.01 and a beta of 0.74.

Anthem (NYSE:ANTM) last announced its quarterly earnings results on Wednesday, October 23rd. The company reported $4.87 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $4.82 by $0.05. Anthem had a return on equity of 15.59% and a net margin of 4.29%. The firm had revenue of $26.44 billion during the quarter, compared to analyst estimates of $25.88 billion. During the same quarter in the previous year, the business earned $3.81 EPS. Anthem’s revenue for the quarter was up 15.1% compared to the same quarter last year. As a group, analysts forecast that Anthem Inc will post 19.43 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 20th. Shareholders of record on Thursday, December 5th will be paid a dividend of $0.80 per share. The ex-dividend date of this dividend is Wednesday, December 4th. This represents a $3.20 annualized dividend and a yield of 1.13%. Anthem’s dividend payout ratio (DPR) is currently 20.14%.

A number of equities analysts have weighed in on ANTM shares. ValuEngine lowered Anthem from a “hold” rating to a “sell” rating in a research note on Friday, November 1st. Credit Suisse Group reduced their price objective on Anthem from $345.00 to $340.00 and set an “outperform” rating for the company in a research note on Thursday, October 24th. Wells Fargo & Co reiterated a “buy” rating on shares of Anthem in a research note on Friday, July 26th. Deutsche Bank began coverage on Anthem in a research note on Thursday, September 12th. They issued a “buy” rating for the company. Finally, Mizuho began coverage on Anthem in a research note on Thursday, October 17th. They issued a “neutral” rating and a $262.00 price target for the company. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and thirteen have issued a buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of $319.72.

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.

See Also: Leveraged Buyout (LBO)

Institutional Ownership by Quarter for Anthem (NYSE:ANTM)

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