Anthem, Inc. (NYSE:ANTM) Shares Bought by Regent Peak Wealth Advisors LLC
Regent Peak Wealth Advisors LLC grew its stake in shares of Anthem, Inc. (NYSE:ANTM) by 3.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 909 shares of the company’s stock after acquiring an additional 27 shares during the period. Regent Peak Wealth Advisors LLC’s holdings in Anthem were worth $326,000 at the end of the most recent quarter.
A number of other hedge funds also recently made changes to their positions in the business. FMR LLC grew its holdings in Anthem by 2.9% during the 4th quarter. FMR LLC now owns 8,733,037 shares of the company’s stock worth $2,804,091,000 after acquiring an additional 244,712 shares in the last quarter. Sanders Capital LLC lifted its position in shares of Anthem by 12.4% in the 4th quarter. Sanders Capital LLC now owns 3,450,167 shares of the company’s stock worth $1,190,490,000 after buying an additional 381,247 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Anthem by 0.5% in the 4th quarter. Dimensional Fund Advisors LP now owns 2,784,563 shares of the company’s stock worth $893,986,000 after buying an additional 14,556 shares during the last quarter. Norges Bank bought a new position in shares of Anthem in the 4th quarter worth about $866,682,000. Finally, Nuveen Asset Management LLC lifted its position in shares of Anthem by 27.3% in the 4th quarter. Nuveen Asset Management LLC now owns 2,526,510 shares of the company’s stock worth $811,237,000 after buying an additional 541,603 shares during the last quarter. 89.36% of the stock is owned by institutional investors.
Shares of NYSE:ANTM traded up $4.51 on Tuesday, hitting $391.09. 25,871 shares of the company were exchanged, compared to its average volume of 1,298,946. The company’s 50 day moving average price is $364.73 and its two-hundred day moving average price is $324.67. Anthem, Inc. has a one year low of $244.10 and a one year high of $389.31. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.59 and a current ratio of 1.59. The firm has a market capitalization of $95.75 billion, a price-to-earnings ratio of 20.11, a PEG ratio of 0.92 and a beta of 1.00.
The firm also recently announced a quarterly dividend, which will be paid on Friday, June 25th. Investors of record on Thursday, June 10th will be paid a $1.13 dividend. The ex-dividend date of this dividend is Wednesday, June 9th. This represents a $4.52 dividend on an annualized basis and a yield of 1.16%. This is a boost from Anthem’s previous quarterly dividend of $0.95. Anthem’s payout ratio is presently 23.25%.
ANTM has been the topic of a number of recent research reports. Stephens raised their price target on shares of Anthem from $395.00 to $430.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 28th. Jefferies Financial Group upgraded shares of Anthem from a “hold” rating to a “buy” rating and boosted their price target for the stock from $305.00 to $402.00 in a research report on Friday, January 15th. Cowen boosted their price target on shares of Anthem from $360.00 to $395.00 and gave the stock an “outperform” rating in a research report on Tuesday, April 20th. Barclays boosted their price target on shares of Anthem from $375.00 to $425.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 28th. Finally, Zacks Investment Research downgraded shares of Anthem from a “hold” rating to a “sell” rating and set a $379.00 price target on the stock. in a research report on Thursday, March 25th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and sixteen have issued a buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of $388.00.
In other Anthem news, EVP Peter D. Haytaian sold 59,500 shares of the business’s stock in a transaction dated Monday, March 22nd. The shares were sold at an average price of $349.20, for a total value of $20,777,400.00. Following the transaction, the executive vice president now directly owns 59,544 shares in the company, valued at $20,792,764.80. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, Director Ryan M. Schneider purchased 1,700 shares of Anthem stock in a transaction on Thursday, February 4th. The stock was purchased at an average price of $296.03 per share, for a total transaction of $503,251.00. Following the completion of the transaction, the director now owns 2,921 shares of the company’s stock, valued at $864,703.63. The disclosure for this purchase can be found here. Insiders own 0.22% of the company’s stock.
Anthem, Inc, through its subsidiaries, operates as a health benefits company in the United States. It operates through four segments: Commercial & Specialty Business, Government Business, IngenioRx, and Other. The company offers a spectrum of network-based managed care health benefit plans to large and small groups, individuals, Medicaid, and Medicare markets.
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