Hays Advisory LLC Purchases 75 Shares of Anthem, Inc. (NYSE:ANTM)
Hays Advisory LLC raised its position in Anthem, Inc. (NYSE:ANTM) by 4.4% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,773 shares of the company’s stock after buying an additional 75 shares during the period. Hays Advisory LLC’s holdings in Anthem were worth $334,000 at the end of the most recent quarter.
A number of other large investors have also made changes to their positions in the company. Orbis Allan Gray Ltd increased its stake in Anthem by 46.9% in the fourth quarter. Orbis Allan Gray Ltd now owns 3,120,155 shares of the company’s stock worth $448,585,000 after buying an additional 996,248 shares during the period. Bank of The West increased its stake in Anthem by 1.1% in the first quarter. Bank of The West now owns 27,277 shares of the company’s stock worth $4,511,000 after buying an additional 284 shares during the period. Integrated Investment Consultants LLC increased its stake in Anthem by 35.3% in the first quarter. Integrated Investment Consultants LLC now owns 1,150 shares of the company’s stock worth $190,000 after buying an additional 300 shares during the period. Highland Capital Management LLC purchased a new stake in Anthem during the first quarter worth $324,000. Finally, Karp Capital Management Corp purchased a new stake in Anthem during the first quarter worth $35,580,000. Hedge funds and other institutional investors own 88.66% of the company’s stock.
Shares of Anthem, Inc. (NYSE:ANTM) opened at 192.56 on Monday. The firm has a market cap of $51.03 billion, a price-to-earnings ratio of 18.66 and a beta of 0.73. The stock’s 50 day moving average price is $185.31 and its 200 day moving average price is $166.86. Anthem, Inc. has a one year low of $114.85 and a one year high of $194.94.
Anthem (NYSE:ANTM) last released its quarterly earnings data on Wednesday, April 26th. The company reported $4.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.85 by $0.83. The firm had revenue of $22.32 billion for the quarter, compared to analyst estimates of $21.23 billion. Anthem had a return on equity of 13.13% and a net margin of 3.19%. The business’s revenue for the quarter was up 9.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $3.46 earnings per share. On average, equities analysts anticipate that Anthem, Inc. will post $11.78 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Friday, June 23rd. Stockholders of record on Friday, June 9th were paid a dividend of $0.65 per share. The ex-dividend date of this dividend was Wednesday, June 7th. This represents a $2.60 dividend on an annualized basis and a dividend yield of 1.35%. Anthem’s dividend payout ratio (DPR) is currently 25.22%.
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A number of research firms have recently weighed in on ANTM. Deutsche Bank AG raised their price target on Anthem from $173.00 to $185.00 and gave the stock a “hold” rating in a research note on Thursday. Bank of America Corporation raised their price target on Anthem from $224.00 to $228.00 and gave the stock a “buy” rating in a research note on Friday. Jefferies Group LLC reaffirmed a “hold” rating and set a $204.00 price target on shares of Anthem in a research note on Friday. Cantor Fitzgerald reaffirmed a “buy” rating and set a $136.00 price target on shares of Anthem in a research note on Thursday, May 11th. Finally, Credit Suisse Group began coverage on Anthem in a research note on Wednesday, July 12th. They issued a “neutral” rating and a $195.00 price objective on the stock. Twelve equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $174.26.
In other news, Director Ramiro G. Peru sold 2,681 shares of the stock in a transaction that occurred on Tuesday, May 30th. The stock was sold at an average price of $181.58, for a total transaction of $486,815.98. Following the transaction, the director now owns 13,571 shares in the company, valued at $2,464,222.18. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Julie A. Hill sold 555 shares of the stock in a transaction that occurred on Wednesday, May 24th. The stock was sold at an average price of $180.56, for a total value of $100,210.80. Following the transaction, the director now owns 37,448 shares in the company, valued at approximately $6,761,610.88. The disclosure for this sale can be found here. In the last quarter, insiders have sold 4,103 shares of company stock worth $749,555. 0.36% of the stock is owned by corporate insiders.
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.
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