Anthem, Inc. (ANTM) Shares Bought by Columbia Partners L L C Investment Management

Columbia Partners L L C Investment Management raised its stake in Anthem, Inc. (NYSE:ANTM) by 42.7% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 10,771 shares of the company’s stock after purchasing an additional 3,225 shares during the quarter. Columbia Partners L L C Investment Management’s holdings in Anthem were worth $2,045,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in ANTM. Captrust Financial Advisors purchased a new position in shares of Anthem in the 2nd quarter valued at $128,000. Salem Investment Counselors Inc. raised its stake in shares of Anthem by 1.4% in the 2nd quarter. Salem Investment Counselors Inc. now owns 710 shares of the company’s stock valued at $134,000 after acquiring an additional 10 shares during the period. Harding Loevner LP purchased a new position in shares of Anthem in the 2nd quarter valued at $151,000. Krilogy Financial LLC purchased a new position in shares of Anthem in the 2nd quarter valued at $160,000. Finally, Cedar Wealth Management LLC raised its stake in shares of Anthem by 1.7% in the 2nd quarter. Cedar Wealth Management LLC now owns 908 shares of the company’s stock valued at $171,000 after acquiring an additional 15 shares during the period. Institutional investors own 88.91% of the company’s stock.

In other news, Director Julie A. Hill sold 1,602 shares of Anthem stock in a transaction dated Tuesday, November 7th. The shares were sold at an average price of $215.70, for a total value of $345,551.40. Following the completion of the transaction, the director now directly owns 35,322 shares of the company’s stock, valued at approximately $7,618,955.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Joseph Swedish sold 21,125 shares of Anthem stock in a transaction dated 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. Insiders sold a total of 65,955 shares of company stock valued at $13,179,953 over the last ninety days. Company insiders own 0.36% of the company’s stock.

Anthem, Inc. (ANTM) traded down $0.06 during midday trading on Friday, hitting $220.83. 1,203,517 shares of the stock traded hands, compared to its average volume of 1,588,403. Anthem, Inc. has a 1-year low of $135.00 and a 1-year high of $222.24. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.51 and a quick ratio of 1.51. The firm has a market cap of $56,720.00, a price-to-earnings ratio of 17.53, a PEG ratio of 1.71 and a beta of 0.77.

Anthem (NYSE:ANTM) last posted its quarterly earnings results on Wednesday, October 25th. The company reported $2.65 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $2.40 by $0.25. Anthem had a net margin of 3.35% and a return on equity of 12.97%. The business had revenue of $22.10 billion during the quarter, compared to analyst estimates of $22.10 billion. During the same period in the previous year, the business posted $2.45 EPS. The company’s quarterly revenue was up 4.6% on a year-over-year basis. equities research analysts expect that Anthem, Inc. will post 11.97 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 21st. Stockholders of record on Tuesday, December 5th will be issued a $0.70 dividend. This represents a $2.80 annualized dividend and a dividend yield of 1.27%. The ex-dividend date is Monday, December 4th. Anthem’s dividend payout ratio (DPR) is presently 25.32%.

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ANTM has been the topic of a number of research reports. Zacks Investment Research downgraded shares of Anthem from a “buy” rating to a “hold” rating in a research note on Wednesday, August 30th. BidaskClub raised shares of Anthem from a “hold” rating to a “buy” rating in a research note on Thursday, October 26th. Morgan Stanley lifted their price target on shares of Anthem from $201.00 to $215.00 and gave the stock an “equal weight” rating in a research note on Thursday, October 26th. Jefferies Group LLC lifted their price target on shares of Anthem from $204.00 to $211.00 and gave the stock a “hold” rating in a research note on Friday, October 13th. Finally, Cantor Fitzgerald reaffirmed a “buy” rating and set a $215.00 price target on shares of Anthem in a research note on Wednesday, September 20th. Eight investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of $199.31.

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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Institutional Ownership by Quarter for Anthem (NYSE:ANTM)

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