Diligent Investors LLC acquired a new position in shares of Anthem, Inc. (NYSE:ANTM) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 645 shares of the company’s stock, valued at approximately $207,000.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Pinnacle Financial Partners Inc. increased its stake in shares of Anthem by 2.0% in the fourth quarter. Pinnacle Financial Partners Inc. now owns 1,740 shares of the company’s stock worth $515,000 after purchasing an additional 34 shares in the last quarter. Chicago Capital LLC grew its stake in Anthem by 1.8% during the fourth quarter. Chicago Capital LLC now owns 2,036 shares of the company’s stock valued at $654,000 after acquiring an additional 36 shares in the last quarter. Brandywine Oak Private Wealth LLC grew its stake in Anthem by 4.0% during the fourth quarter. Brandywine Oak Private Wealth LLC now owns 940 shares of the company’s stock valued at $301,000 after acquiring an additional 36 shares in the last quarter. Carroll Financial Associates Inc. grew its stake in Anthem by 9.0% during the fourth quarter. Carroll Financial Associates Inc. now owns 448 shares of the company’s stock valued at $143,000 after acquiring an additional 37 shares in the last quarter. Finally, Altium Wealth Management LLC grew its stake in Anthem by 4.3% during the third quarter. Altium Wealth Management LLC now owns 915 shares of the company’s stock valued at $246,000 after acquiring an additional 38 shares in the last quarter. Hedge funds and other institutional investors own 89.36% of the company’s stock.

Several brokerages recently commented on ANTM. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Anthem from $349.00 to $337.00 and set a “buy” rating for the company in a research note on Thursday, October 29th. Credit Suisse Group reduced their price objective on shares of Anthem from $389.00 to $382.00 and set an “outperform” rating for the company in a research note on Thursday, January 28th. Argus lifted their target price on shares of Anthem from $300.00 to $380.00 and gave the company a “buy” rating in a research report on Wednesday, January 13th. Mizuho lifted their target price on shares of Anthem from $300.00 to $320.00 and gave the company a “neutral” rating in a research report on Friday, December 18th. Finally, JPMorgan Chase & Co. lifted their target price on shares of Anthem from $324.00 to $389.00 and gave the company an “overweight” rating in a research report on Friday, November 6th. Four investment analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. The stock has an average rating of “Buy” and an average price target of $354.60.

NYSE:ANTM opened at $295.69 on Tuesday. The company has a fifty day moving average of $309.17 and a 200 day moving average of $297.57. Anthem, Inc. has a 52 week low of $171.03 and a 52 week high of $340.98. The company has a quick ratio of 1.59, a current ratio of 1.59 and a debt-to-equity ratio of 0.56. The firm has a market capitalization of $73.54 billion, a P/E ratio of 15.29, a P/E/G ratio of 0.92 and a beta of 1.00.

Anthem (NYSE:ANTM) last posted its quarterly earnings results on Tuesday, January 26th. The company reported $2.54 EPS for the quarter, beating the Zacks’ consensus estimate of $2.52 by $0.02. Anthem had a net margin of 4.22% and a return on equity of 18.45%. The company had revenue of $31.50 billion during the quarter, compared to analyst estimates of $30.83 billion. During the same period in the prior year, the business posted $3.88 EPS. The firm’s revenue was up 16.1% compared to the same quarter last year. As a group, analysts anticipate that Anthem, Inc. will post 22.44 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 25th. Investors of record on Wednesday, March 10th will be issued a dividend of $0.95 per share. The ex-dividend date is Tuesday, March 9th. This represents a $3.80 dividend on an annualized basis and a yield of 1.29%. Anthem’s dividend payout ratio is currently 19.55%.

In related news, Director Ryan M. Schneider acquired 1,700 shares of Anthem stock in a transaction on Thursday, February 4th. The shares were acquired at an average cost of $296.03 per share, with a total value of $503,251.00. Following the transaction, the director now owns 2,921 shares in the company, valued at $864,703.63. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, EVP Peter D. Haytaian sold 5,833 shares of the business’s stock in a transaction on Tuesday, December 15th. The shares were sold at an average price of $312.53, for a total transaction of $1,822,987.49. Following the transaction, the executive vice president now directly owns 38,475 shares in the company, valued at $12,024,591.75. The disclosure for this sale can be found here. Corporate insiders own 0.22% of the company’s stock.

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.

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Institutional Ownership by Quarter for Anthem (NYSE:ANTM)

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