Anthem, Inc. (ANTM) Holdings Maintained by Employees Retirement System of Texas
Employees Retirement System of Texas held its stake in shares of Anthem, Inc. (NYSE:ANTM) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 94,200 shares of the company’s stock at the close of the second quarter. Employees Retirement System of Texas’ holdings in Anthem were worth $17,722,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also modified their holdings of the company. Guardian Life Insurance Co. of America grew its holdings in shares of Anthem by 0.7% during the first quarter. Guardian Life Insurance Co. of America now owns 1,016 shares of the company’s stock worth $168,000 after purchasing an additional 7 shares in the last quarter. Sii Investments Inc. WI boosted its stake in Anthem by 0.4% in the first quarter. Sii Investments Inc. WI now owns 2,713 shares of the company’s stock worth $444,000 after buying an additional 12 shares in the last quarter. Cedar Wealth Management LLC boosted its stake in Anthem by 1.7% in the second quarter. Cedar Wealth Management LLC now owns 908 shares of the company’s stock worth $171,000 after buying an additional 15 shares in the last quarter. Dowling & Yahnke LLC boosted its stake in Anthem by 0.3% in the second quarter. Dowling & Yahnke LLC now owns 7,175 shares of the company’s stock worth $1,350,000 after buying an additional 18 shares in the last quarter. Finally, Financial Architects Inc boosted its stake in Anthem by 1.9% in the second quarter. Financial Architects Inc now owns 1,310 shares of the company’s stock worth $246,000 after buying an additional 25 shares in the last quarter. 87.65% of the stock is owned by institutional investors.
In other news, insider Joseph Swedish sold 21,125 shares of the business’s stock in a transaction on Friday, September 1st. The stock was sold at an average price of $197.00, for a total value of $4,161,625.00. Following the completion of the transaction, the insider now directly owns 87,668 shares of the company’s stock, valued at approximately $17,270,596. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Julie A. Hill sold 524 shares of the business’s stock in a transaction on Thursday, August 10th. The stock was sold at an average price of $190.80, for a total value of $99,979.20. Following the completion of the transaction, the director now directly owns 36,924 shares of the company’s stock, valued at $7,045,099.20. The disclosure for this sale can be found here. Over the last three months, insiders sold 30,776 shares of company stock valued at $6,007,143. Corporate insiders own 0.36% of the company’s stock.
Several analysts have issued reports on ANTM shares. Zacks Investment Research lowered Anthem from a “buy” rating to a “hold” rating in a research note on Tuesday, September 5th. Citigroup Inc. reaffirmed a “buy” rating and issued a $205.00 target price on shares of Anthem in a research note on Wednesday, June 28th. Credit Suisse Group started coverage on Anthem in a research note on Wednesday, July 12th. They issued a “neutral” rating and a $195.00 target price for the company. BidaskClub lowered Anthem from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, July 19th. Finally, Bank of America Corporation increased their price objective on Anthem from $224.00 to $228.00 and gave the company a “buy” rating in a research note on Friday, July 14th. Nine research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. Anthem presently has an average rating of “Buy” and a consensus price target of $184.67.
Shares of Anthem, Inc. (ANTM) traded up 0.05% during trading on Friday, hitting $189.88. The stock had a trading volume of 1,259,258 shares. The company has a market cap of $49.86 billion, a P/E ratio of 17.96 and a beta of 0.70. Anthem, Inc. has a 12 month low of $114.85 and a 12 month high of $198.98. The stock has a 50-day moving average price of $191.59 and a 200 day moving average price of $182.25.
Anthem (NYSE:ANTM) last released its quarterly earnings results on Wednesday, July 26th. The company reported $3.37 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $3.23 by $0.14. The firm had revenue of $22.20 billion during the quarter, compared to analyst estimates of $22.25 billion. Anthem had a return on equity of 12.93% and a net margin of 3.24%. The business’s revenue for the quarter was up 4.3% compared to the same quarter last year. During the same period in the previous year, the company posted $3.33 EPS. Equities analysts expect that Anthem, Inc. will post $11.84 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Monday, September 25th. Stockholders of record on Friday, September 8th were given a $0.70 dividend. This represents a $2.80 annualized dividend and a dividend yield of 1.47%. This is a positive change from Anthem’s previous quarterly dividend of $0.65. The ex-dividend date was Thursday, September 7th. Anthem’s payout ratio is presently 26.52%.
Anthem Company Profile
Anthem, Inc is a health benefits company. The Company operates through three segments: Commercial and Specialty Business, Government Business and Other. It offers a spectrum of network-based managed care plans to large and small employer, individual, Medicaid and Medicare markets. Its managed care plans include preferred provider organizations; health maintenance organizations; point-of-service plans; indemnity plans and other hybrid plans, including consumer-driven health plans; and hospital only and limited benefit products.
Want to see what other hedge funds are holding ANTM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Anthem, Inc. (NYSE:ANTM).
Receive News & Ratings for Anthem Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Anthem Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.