ClariVest Asset Management LLC lowered its position in Anthem Inc. (NYSE:ANTM) by 7.5% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 3,929 shares of the company’s stock after selling 317 shares during the period. ClariVest Asset Management LLC’s holdings in Anthem were worth $516,000 at the end of the most recent reporting period.
A number of other institutional investors also recently added to or reduced their stakes in the company. Nordea Investment Management AB boosted its stake in shares of Anthem by 34.4% in the second quarter. Nordea Investment Management AB now owns 6,420,978 shares of the company’s stock worth $843,331,000 after buying an additional 1,642,691 shares during the last quarter. Dodge & Cox boosted its stake in Anthem by 13.8% in the first quarter. Dodge & Cox now owns 3,382,350 shares of the company’s stock valued at $470,113,000 after buying an additional 408,901 shares in the last quarter. Geode Capital Management LLC boosted its stake in Anthem by 2.0% in the first quarter. Geode Capital Management LLC now owns 2,241,546 shares of the company’s stock valued at $310,955,000 after buying an additional 43,732 shares in the last quarter. Legal & General Group Plc boosted its stake in Anthem by 0.9% in the first quarter. Legal & General Group Plc now owns 1,313,104 shares of the company’s stock valued at $182,491,000 after buying an additional 11,822 shares in the last quarter. Finally, Focused Investors LLC boosted its stake in Anthem by 31.5% in the second quarter. Focused Investors LLC now owns 863,600 shares of the company’s stock valued at $113,425,000 after buying an additional 206,700 shares in the last quarter. 89.44% of the stock is owned by hedge funds and other institutional investors.
Anthem Inc. (NYSE:ANTM) traded up 0.07% during trading on Friday, hitting $121.09. The company’s stock had a trading volume of 1,280,818 shares. Anthem Inc. has a 12 month low of $115.63 and a 12 month high of $149.50. The firm has a 50 day moving average of $124.69 and a 200 day moving average of $132.35. The firm has a market cap of $31.87 billion, a P/E ratio of 14.00 and a beta of 0.53.
Anthem (NYSE:ANTM) last announced its quarterly earnings results on Wednesday, July 27th. The company reported $3.33 EPS for the quarter, topping the Zacks’ consensus estimate of $3.23 by $0.10. The business had revenue of $21.27 billion for the quarter, compared to analysts’ expectations of $20.53 billion. Anthem had a return on equity of 12.16% and a net margin of 2.83%. The business’s quarterly revenue was up 7.7% on a year-over-year basis. During the same period in the previous year, the firm earned $3.10 EPS. Equities research analysts predict that Anthem Inc. will post $10.87 earnings per share for the current year.
The business also recently declared a quarterly dividend, which was paid on Monday, September 26th. Shareholders of record on Friday, September 9th were paid a $0.65 dividend. The ex-dividend date was Wednesday, September 7th. This represents a $2.60 dividend on an annualized basis and a yield of 2.15%. Anthem’s dividend payout ratio (DPR) is currently 30.06%.
Several research firms recently weighed in on ANTM. Jefferies Group cut their price objective on shares of Anthem from $157.00 to $156.00 and set a “buy” rating for the company in a research report on Thursday, July 28th. Citigroup Inc. lowered their target price on Anthem from $172.00 to $162.00 and set a “buy” rating for the company in a research note on Thursday, July 28th. Evercore ISI assumed coverage on Anthem in a research note on Thursday, September 22nd. They set a “hold” rating and a $133.00 target price for the company. Zacks Investment Research downgraded Anthem from a “hold” rating to a “sell” rating in a research note on Friday, July 29th. Finally, Wolfe Research assumed coverage on Anthem in a research note on Tuesday, June 28th. They set a “market perform” rating and a $168.00 target price for the company. Nine research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $161.55.
In other news, EVP Gloria M. Mccarthy sold 4,186 shares of the business’s stock in a transaction that occurred on Monday, August 1st. The stock was sold at an average price of $130.39, for a total transaction of $545,812.54. Following the transaction, the executive vice president now directly owns 49,426 shares of the company’s stock, valued at $6,444,656.14. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director William J. Ryan sold 3,125 shares of the business’s stock in a transaction that occurred on Thursday, July 28th. The shares were sold at an average price of $133.15, for a total value of $416,093.75. Following the transaction, the director now directly owns 27,149 shares in the company, valued at $3,614,889.35. The disclosure for this sale can be found here. 0.37% of the stock is owned by company insiders.
Anthem Company Profile
Anthem, Inc is a health benefit company. The Company offers a range of network-based managed care plans to large and small employer, individual, Medicaid and Medicare markets. The Company has three segments: Commercial and Specialty Business, Government Business and Other. The Company’s Commercial and Specialty Business, and Government Business segments offer managed care products, including preferred provider organizations (PPOs), health maintenance organizations (HMOs), traditional indemnity benefits and point-of-service (POS) plans, as well as various hybrid benefit plans, including consumer-driven health plans (CDHPs), hospital only and limited benefit products.
Want to see what other hedge funds are holding ANTM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Anthem Inc. (NYSE:ANTM).
Receive News & Ratings for Anthem Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Anthem Inc. and related companies with MarketBeat.com's FREE daily email newsletter.