Atria Investments LLC lifted its stake in shares of Anthem Inc (NYSE:ANTM) by 5.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 5,823 shares of the company’s stock after acquiring an additional 301 shares during the quarter. Atria Investments LLC’s holdings in Anthem were worth $1,596,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Financial Gravity Wealth Inc. bought a new stake in Anthem during the first quarter worth approximately $103,000. Flagship Harbor Advisors LLC bought a new stake in Anthem during the second quarter worth approximately $120,000. Centaurus Financial Inc. bought a new stake in Anthem during the second quarter worth approximately $142,000. Kaizen Advisory LLC boosted its holdings in Anthem by 139.2% during the second quarter. Kaizen Advisory LLC now owns 598 shares of the company’s stock worth $142,000 after buying an additional 348 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC boosted its holdings in Anthem by 47.3% during the second quarter. Steward Partners Investment Advisory LLC now owns 638 shares of the company’s stock worth $152,000 after buying an additional 205 shares in the last quarter. Institutional investors and hedge funds own 86.70% of the company’s stock.

A number of brokerages recently weighed in on ANTM. Zacks Investment Research upgraded shares of Anthem from a “hold” rating to a “buy” rating and set a $274.00 target price for the company in a report on Wednesday, June 20th. Cantor Fitzgerald restated a “buy” rating and set a $275.00 target price on shares of Anthem in a report on Wednesday, July 25th. Morgan Stanley raised their target price on shares of Anthem from $269.00 to $273.00 and gave the stock an “equal weight” rating in a report on Thursday, July 26th. BMO Capital Markets upgraded shares of Anthem from a “market perform” rating to an “outperform” rating and raised their target price for the stock from $275.00 to $290.00 in a report on Monday, July 9th. Finally, Cowen began coverage on shares of Anthem in a report on Monday, September 17th. They set an “outperform” rating and a $318.00 target price for the company. Three investment analysts have rated the stock with a hold rating and seventeen have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $274.21.

In other Anthem news, EVP Craig E. Samitt sold 19,541 shares of Anthem stock in a transaction on Thursday, July 26th. The shares were sold at an average price of $246.68, for a total transaction of $4,820,373.88. Following the completion of the sale, the executive vice president now owns 20,857 shares of the company’s stock, valued at approximately $5,145,004.76. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Peter D. Haytaian sold 2,936 shares of Anthem stock in a transaction on Thursday, September 6th. The shares were sold at an average price of $270.00, for a total transaction of $792,720.00. Following the sale, the executive vice president now directly owns 58,642 shares of the company’s stock, valued at approximately $15,833,340. The disclosure for this sale can be found here. Insiders sold a total of 31,488 shares of company stock valued at $8,027,655 in the last ninety days. Company insiders own 0.31% of the company’s stock.

Anthem stock opened at $271.41 on Friday. Anthem Inc has a 52 week low of $182.31 and a 52 week high of $280.43. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.52 and a quick ratio of 1.52. The company has a market capitalization of $71.24 billion, a P/E ratio of 22.54, a PEG ratio of 1.49 and a beta of 0.92.

Anthem (NYSE:ANTM) last posted its quarterly earnings data on Wednesday, July 25th. The company reported $4.25 EPS for the quarter, topping analysts’ consensus estimates of $4.16 by $0.09. Anthem had a net margin of 4.79% and a return on equity of 13.28%. The firm had revenue of $22.71 billion during the quarter, compared to analyst estimates of $22.66 billion. During the same quarter last year, the business posted $3.37 EPS. The company’s revenue was up 2.3% on a year-over-year basis. Equities analysts forecast that Anthem Inc will post 15.48 EPS for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 25th. Investors of record on Monday, September 10th were paid a $0.75 dividend. This represents a $3.00 dividend on an annualized basis and a yield of 1.11%. The ex-dividend date of this dividend was Friday, September 7th. Anthem’s dividend payout ratio is 24.92%.

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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