Anthem Inc (NYSE:ANTM) EVP Gloria M. Mccarthy sold 14,429 shares of the business’s stock in a transaction dated Thursday, January 4th. The shares were sold at an average price of $229.68, for a total transaction of $3,314,052.72. Following the completion of the sale, the executive vice president now directly owns 30,667 shares of the company’s stock, valued at $7,043,596.56. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.
Shares of Anthem Inc (ANTM) opened at $233.89 on Thursday. Anthem Inc has a 52-week low of $143.99 and a 52-week high of $236.39. The firm has a market cap of $60,050.00, a P/E ratio of 21.15, a PEG ratio of 1.70 and a beta of 0.79. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.51 and a quick ratio of 1.51.
Anthem (NYSE:ANTM) last announced its quarterly earnings results on Wednesday, October 25th. The company reported $2.65 earnings per share for the quarter, topping the 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 firm had revenue of $22.10 billion during the quarter, compared to analysts’ expectations of $22.10 billion. During the same quarter in the prior year, the company earned $2.45 EPS. The company’s revenue was up 4.6% compared to the same quarter last year. research analysts expect that Anthem Inc will post 11.97 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Thursday, December 21st. Stockholders of record on Tuesday, December 5th were given a $0.70 dividend. The ex-dividend date of this dividend was Monday, December 4th. This represents a $2.80 annualized dividend and a dividend yield of 1.20%. Anthem’s payout ratio is presently 25.32%.
A number of large investors have recently bought and sold shares of ANTM. Marshall Wace North America L.P. purchased a new stake in Anthem during the second quarter valued at approximately $875,000. Oppenheimer Asset Management Inc. lifted its position in Anthem by 33.1% during the second quarter. Oppenheimer Asset Management Inc. now owns 3,030 shares of the company’s stock valued at $570,000 after acquiring an additional 754 shares during the last quarter. Old Mutual Global Investors UK Ltd. purchased a new stake in Anthem during the second quarter valued at approximately $790,000. Franklin Resources Inc. lifted its position in Anthem by 44.2% during the second quarter. Franklin Resources Inc. now owns 7,941 shares of the company’s stock valued at $1,494,000 after acquiring an additional 2,433 shares during the last quarter. Finally, Dai Ichi Life Insurance Company Ltd lifted its position in Anthem by 114.2% during the second quarter. Dai Ichi Life Insurance Company Ltd now owns 28,011 shares of the company’s stock valued at $5,270,000 after acquiring an additional 14,931 shares during the last quarter. 87.41% of the stock is owned by institutional investors.
Several research firms have issued reports on ANTM. Morgan Stanley boosted their price objective on shares of Anthem from $201.00 to $215.00 and gave the company an “equal weight” rating in a research report on Thursday, October 26th. Zacks Investment Research raised shares of Anthem from a “hold” rating to a “buy” rating and set a $212.00 price objective for the company in a research report on Thursday, September 14th. Cantor Fitzgerald reissued a “buy” rating and issued a $220.00 price objective on shares of Anthem in a research report on Wednesday, October 25th. Cowen reissued a “buy” rating and issued a $160.00 price objective on shares of Anthem in a research report on Thursday, September 21st. Finally, BidaskClub raised shares of Anthem from a “hold” rating to a “buy” rating in a research report on Thursday, October 26th. Six equities research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $206.60.
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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