Hanseatic Management Services Inc. continued to hold its stake in shares of Anthem, Inc. (NYSE:ANTM) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,114 shares of the company’s stock at the close of the second quarter. Hanseatic Management Services Inc.’s holdings in Anthem were worth $962,000 at the end of the most recent reporting period.
A number of other large investors have also recently modified their holdings of ANTM. Captrust Financial Advisors purchased a new position in Anthem during the second quarter valued at approximately $128,000. Westside Investment Management Inc. grew its stake in Anthem by 33.6% in the 1st quarter. Westside Investment Management Inc. now owns 795 shares of the company’s stock worth $131,000 after buying an additional 200 shares in the last quarter. Focused Wealth Management Inc purchased a new position in Anthem in the 1st quarter worth approximately $149,000. Guardian Life Insurance Co. of America grew its stake in Anthem by 0.7% in the 1st quarter. Guardian Life Insurance Co. of America now owns 1,016 shares of the company’s stock worth $168,000 after buying an additional 7 shares in the last quarter. Finally, Cedar Wealth Management LLC grew its stake in Anthem by 1.7% in the 2nd quarter. Cedar Wealth Management LLC now owns 908 shares of the company’s stock worth $171,000 after buying an additional 15 shares in the last quarter. 87.65% of the stock is owned by institutional investors.
In related news, EVP Thomas C. Zielinski sold 9,127 shares of the firm’s stock in a transaction on Thursday, August 10th. The shares were sold at an average price of $191.25, for a total value of $1,745,538.75. Following the completion of the transaction, the executive vice president now directly owns 26,571 shares of the company’s stock, valued at $5,081,703.75. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider Joseph Swedish sold 21,125 shares of the firm’s stock in a transaction on Friday, September 1st. The shares were sold at an average price of $197.00, for a total transaction of $4,161,625.00. Following the completion of the transaction, the insider now directly owns 87,668 shares of the company’s stock, valued at $17,270,596. The disclosure for this sale can be found here. Over the last three months, insiders sold 30,776 shares of company stock valued at $6,007,143. 0.36% of the stock is currently owned by insiders.
Shares of Anthem, Inc. (NYSE ANTM) traded down 0.35% during midday trading on Friday, hitting $182.86. 2,244,287 shares of the stock were exchanged. Anthem, Inc. has a 1-year low of $114.85 and a 1-year high of $198.98. The company has a market capitalization of $48.02 billion, a P/E ratio of 17.29 and a beta of 0.70. The firm has a 50-day moving average of $191.59 and a 200-day moving average of $182.25.
Anthem (NYSE:ANTM) last posted its earnings results on Wednesday, July 26th. The company reported $3.37 earnings per share for the quarter, beating analysts’ consensus estimates of $3.23 by $0.14. Anthem had a net margin of 3.24% and a return on equity of 12.93%. The firm had revenue of $22.20 billion during the quarter, compared to analyst estimates of $22.25 billion. During the same period last year, the firm posted $3.33 earnings per share. Anthem’s revenue for the quarter was up 4.3% compared to the same quarter last year. On average, equities analysts expect that Anthem, Inc. will post $11.83 EPS for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Monday, September 25th. Investors of record on Friday, September 8th will be issued a $0.70 dividend. The ex-dividend date of this dividend is Thursday, September 7th. This is a positive change from Anthem’s previous quarterly dividend of $0.65. This represents a $2.80 dividend on an annualized basis and a dividend yield of 1.53%. Anthem’s dividend payout ratio (DPR) is 26.52%.
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ANTM has been the subject of a number of research reports. Zacks Investment Research cut shares of Anthem from a “buy” rating to a “hold” rating in a research note on Wednesday, August 30th. Citigroup Inc. reissued a “buy” rating and issued a $205.00 price target on shares of Anthem in a research note on Wednesday, June 28th. Morgan Stanley initiated coverage on shares of Anthem in a research note on Tuesday, June 6th. They issued an “equal weight” rating and a $196.00 price target for the company. Cantor Fitzgerald reissued an “overweight” rating and issued a $215.00 price target (up previously from $210.00) on shares of Anthem in a research note on Wednesday, July 26th. Finally, Credit Suisse Group initiated coverage on shares of Anthem in a research note on Wednesday, July 12th. They issued a “neutral” rating and a $195.00 price target for the company. Nine investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. Anthem has a consensus rating of “Buy” and an average price target of $184.67.
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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