Fjarde AP Fonden Fourth Swedish National Pension Fund Has $12.08 Million Stake in Anthem, Inc. (ANTM)
Fjarde AP Fonden Fourth Swedish National Pension Fund grew its stake in Anthem, Inc. (NYSE:ANTM) by 1.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 63,640 shares of the company’s stock after acquiring an additional 996 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Anthem were worth $12,084,000 at the end of the most recent quarter.
Other large investors also recently made changes to their positions in the company. Vanguard Group Inc. boosted its position in shares of Anthem by 2.8% in the 2nd quarter. Vanguard Group Inc. now owns 17,804,726 shares of the company’s stock worth $3,349,603,000 after purchasing an additional 479,046 shares in the last quarter. Orbis Allan Gray Ltd boosted its position in shares of Anthem by 4.3% in the 2nd quarter. Orbis Allan Gray Ltd now owns 4,252,021 shares of the company’s stock worth $799,933,000 after purchasing an additional 176,023 shares in the last quarter. First Eagle Investment Management LLC boosted its position in shares of Anthem by 2.3% in the 3rd quarter. First Eagle Investment Management LLC now owns 3,103,892 shares of the company’s stock worth $589,367,000 after purchasing an additional 71,119 shares in the last quarter. APG Asset Management N.V. boosted its position in shares of Anthem by 24.1% in the 3rd quarter. APG Asset Management N.V. now owns 1,925,522 shares of the company’s stock worth $365,618,000 after purchasing an additional 373,500 shares in the last quarter. Finally, Alliancebernstein L.P. boosted its position in shares of Anthem by 3.2% in the 2nd quarter. Alliancebernstein L.P. now owns 1,777,978 shares of the company’s stock worth $334,491,000 after purchasing an additional 55,597 shares in the last quarter. Institutional investors and hedge funds own 88.91% of the company’s stock.
A number of analysts have commented on the company. Morgan Stanley lifted their price target on Anthem from $201.00 to $215.00 and gave the stock an “equal weight” rating in a research report on Thursday, October 26th. Zacks Investment Research raised Anthem from a “hold” rating to a “buy” rating and set a $212.00 price target for the company in a research report on Thursday, September 14th. BidaskClub raised Anthem from a “hold” rating to a “buy” rating in a research report on Wednesday, September 6th. Cantor Fitzgerald reaffirmed a “buy” rating and set a $220.00 price target on shares of Anthem in a research report on Wednesday, October 25th. Finally, Cowen and Company reaffirmed a “buy” rating and set a $160.00 price target on shares of Anthem in a research report on Thursday, September 21st. Eight analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of $197.69.
Shares of Anthem, Inc. (NYSE:ANTM) traded down $1.41 during trading on Tuesday, hitting $217.05. The stock had a trading volume of 564,805 shares, compared to its average volume of 1,593,805. Anthem, Inc. has a fifty-two week low of $132.65 and a fifty-two week high of $220.75. The firm has a market cap of $56,043.11, a PE ratio of 17.52, a P/E/G ratio of 1.71 and a beta of 0.77. The company has a current ratio of 1.51, a quick ratio of 1.51 and a debt-to-equity ratio of 0.53.
Anthem (NYSE:ANTM) last released its quarterly earnings data on Wednesday, October 25th. The company reported $2.65 EPS for the quarter, beating analysts’ consensus estimates of $2.40 by $0.25. Anthem had a return on equity of 12.97% and a net margin of 3.35%. The firm had revenue of $22.10 billion for the quarter, compared to analysts’ expectations of $22.10 billion. During the same period in the prior year, the firm posted $2.45 earnings per share. The firm’s quarterly revenue was up 4.6% on a year-over-year basis. research analysts forecast that Anthem, Inc. will post 11.97 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 21st. Investors of record on Tuesday, December 5th will be issued a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a yield of 1.29%. The ex-dividend date is Monday, December 4th. Anthem’s dividend payout ratio is presently 25.32%.
In other Anthem news, SVP Ronald W. Penczek sold 978 shares of the company’s stock in a transaction on Tuesday, November 7th. The stock was sold at an average price of $217.42, for a total transaction of $212,636.76. Following the transaction, the senior vice president now directly owns 1,222 shares in the company, valued at $265,687.24. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Julie A. Hill sold 1,602 shares of the company’s stock in a transaction on Tuesday, November 7th. The stock was sold at an average price of $215.70, for a total value of $345,551.40. Following the transaction, the director now owns 35,322 shares in the company, valued at $7,618,955.40. The disclosure for this sale can be found here. Insiders sold 65,955 shares of company stock worth $13,179,953 over the last quarter. 0.36% of the stock is currently owned by insiders.
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.
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