LMR Partners LLP Acquires Shares of 10,040 Anthem Inc (ANTM)
LMR Partners LLP acquired a new position in shares of Anthem Inc (NYSE:ANTM) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 10,040 shares of the company’s stock, valued at approximately $2,637,000.
Several other institutional investors have also recently modified their holdings of ANTM. Commonwealth Equity Services LLC lifted its holdings in Anthem by 7.3% during the third quarter. Commonwealth Equity Services LLC now owns 26,267 shares of the company’s stock worth $7,198,000 after acquiring an additional 1,779 shares during the period. Fort Washington Investment Advisors Inc. OH grew its position in shares of Anthem by 20.3% in the third quarter. Fort Washington Investment Advisors Inc. OH now owns 9,774 shares of the company’s stock valued at $2,679,000 after purchasing an additional 1,652 shares in the last quarter. Toronto Dominion Bank grew its position in shares of Anthem by 21.4% in the third quarter. Toronto Dominion Bank now owns 206,442 shares of the company’s stock valued at $56,566,000 after purchasing an additional 36,334 shares in the last quarter. Edgestream Partners L.P. grew its position in shares of Anthem by 26.9% in the third quarter. Edgestream Partners L.P. now owns 15,278 shares of the company’s stock valued at $4,187,000 after purchasing an additional 3,242 shares in the last quarter. Finally, Nomura Asset Management Co. Ltd. grew its position in Anthem by 6.9% during the third quarter. Nomura Asset Management Co. Ltd. now owns 66,785 shares of the company’s stock worth $18,302,000 after buying an additional 4,289 shares in the last quarter. Institutional investors and hedge funds own 87.88% of the company’s stock.
Shares of ANTM opened at $305.60 on Thursday. The firm has a market cap of $78.34 billion, a PE ratio of 19.23, a P/E/G ratio of 1.07 and a beta of 0.93. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.56 and a current ratio of 1.56. Anthem Inc has a 1-year low of $215.52 and a 1-year high of $317.99.
The business also recently declared a quarterly dividend, which will be paid on Friday, March 29th. Investors of record on Monday, March 18th will be given a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a dividend yield of 1.05%. The ex-dividend date of this dividend is Friday, March 15th. This is an increase from Anthem’s previous quarterly dividend of $0.75. Anthem’s dividend payout ratio is 18.88%.
Several equities research analysts have issued reports on ANTM shares. Jefferies Financial Group lifted their price target on Anthem from $323.00 to $345.00 and gave the stock a “buy” rating in a research note on Monday, December 3rd. Cantor Fitzgerald reissued a “buy” rating and issued a $330.00 target price (up previously from $305.00) on shares of Anthem in a research note on Monday, December 3rd. Evercore ISI raised Anthem from an “in-line” rating to an “outperform” rating and set a $255.02 price target for the company in a research report on Thursday, January 3rd. Barclays reiterated a “buy” rating and set a $282.00 target price on shares of Anthem in a report on Sunday, January 6th. Finally, Zacks Investment Research downgraded Anthem from a “buy” rating to a “hold” rating in a report on Monday, January 7th. Three investment analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. Anthem currently has an average rating of “Buy” and a consensus price target of $332.07.
In other Anthem news, EVP Peter D. Haytaian sold 3,000 shares of the stock in a transaction that occurred on Thursday, December 27th. The shares were sold at an average price of $256.31, for a total transaction of $768,930.00. Following the sale, the executive vice president now directly owns 42,206 shares in the company, valued at approximately $10,817,819.86. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, Director Julie A. Hill sold 500 shares of the stock in a transaction that occurred on Thursday, January 31st. The stock was sold at an average price of $299.75, for a total transaction of $149,875.00. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 26,601 shares of company stock valued at $7,631,276. 0.31% of the stock is owned by corporate insiders.
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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