Point View Wealth Management Inc. lowered its position in shares of Anthem Inc (NYSE:ANTM) by 2.3% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 12,542 shares of the company’s stock after selling 290 shares during the quarter. Anthem comprises approximately 1.4% of Point View Wealth Management Inc.’s holdings, making the stock its 9th largest holding. Point View Wealth Management Inc.’s holdings in Anthem were worth $2,985,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. CI Global Investments Inc. purchased a new position in Anthem in the 1st quarter worth approximately $170,362,000. Iridian Asset Management LLC CT purchased a new position in Anthem in the 2nd quarter worth approximately $163,011,000. BlackRock Inc. boosted its holdings in Anthem by 2.7% in the 1st quarter. BlackRock Inc. now owns 22,596,529 shares of the company’s stock worth $4,964,457,000 after acquiring an additional 596,099 shares during the period. Allianz Asset Management GmbH boosted its holdings in Anthem by 31.5% in the 1st quarter. Allianz Asset Management GmbH now owns 2,108,871 shares of the company’s stock worth $463,319,000 after acquiring an additional 505,252 shares during the period. Finally, Bessemer Group Inc. boosted its holdings in Anthem by 1,097.5% in the 2nd quarter. Bessemer Group Inc. now owns 463,480 shares of the company’s stock worth $110,322,000 after acquiring an additional 424,775 shares during the period. Institutional investors and hedge funds own 86.37% of the company’s stock.

Shares of ANTM opened at $263.95 on Monday. Anthem Inc has a 52-week low of $179.40 and a 52-week high of $268.04. The company has a market capitalization of $67.60 billion, a price-to-earnings ratio of 21.92, a price-to-earnings-growth ratio of 1.42 and a beta of 0.89. The company has a current ratio of 1.52, a quick ratio of 1.52 and a debt-to-equity ratio of 0.61.

Anthem (NYSE:ANTM) last announced its earnings results on Wednesday, July 25th. The company reported $4.25 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $4.16 by $0.09. Anthem had a return on equity of 13.28% and a net margin of 4.79%. The company had revenue of $22.71 billion for the quarter, compared to analyst estimates of $22.66 billion. During the same period in the prior year, the company posted $3.37 EPS. Anthem’s quarterly revenue was up 2.3% on a year-over-year basis. sell-side analysts expect that Anthem Inc will post 15.48 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 25th. Shareholders of record on Monday, September 10th will be given a $0.75 dividend. This represents a $3.00 dividend on an annualized basis and a dividend yield of 1.14%. The ex-dividend date is Friday, September 7th. Anthem’s payout ratio is 24.92%.

A number of equities analysts have weighed in on the company. Zacks Investment Research upgraded Anthem from a “hold” rating to a “buy” rating and set a $274.00 price target for the company in a report on Wednesday, June 20th. Cantor Fitzgerald restated a “buy” rating and issued a $275.00 price target on shares of Anthem in a report on Wednesday, July 25th. ValuEngine cut Anthem from a “buy” rating to a “hold” rating in a report on Friday, June 1st. Sanford C. Bernstein set a $332.00 price target on Anthem and gave the stock an “outperform” rating in a report on Thursday, April 26th. Finally, Morgan Stanley upped their price target on Anthem from $269.00 to $273.00 and gave the stock an “equal weight” rating in a report on Thursday, July 26th. Three equities research analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of $269.00.

In related news, Director Julie A. Hill sold 1,000 shares of the company’s stock in a transaction that occurred on Friday, May 25th. The stock was sold at an average price of $233.00, for a total transaction of $233,000.00. Following the sale, the director now directly owns 35,075 shares of the company’s stock, valued at approximately $8,172,475. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Julie A. Hill sold 248 shares of the company’s stock in a transaction that occurred on Thursday, August 16th. The shares were sold at an average price of $267.01, for a total value of $66,218.48. Following the sale, the director now directly owns 34,827 shares in the company, valued at $9,299,157.27. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 20,789 shares of company stock worth $5,119,592. 0.31% of the stock is currently owned by corporate insiders.

About Anthem

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.

Further Reading: Closed-End Mutual Funds

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Institutional Ownership by Quarter for Anthem (NYSE:ANTM)

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