Nisa Investment Advisors LLC Acquires 332 Shares of Anthem Inc (ANTM)

Nisa Investment Advisors LLC increased its holdings in shares of Anthem Inc (NYSE:ANTM) by 0.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 127,567 shares of the company’s stock after purchasing an additional 332 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Anthem were worth $28,704,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Janus Henderson Group PLC lifted its stake in Anthem by 2,835.4% in the second quarter. Janus Henderson Group PLC now owns 1,161,736 shares of the company’s stock valued at $218,554,000 after acquiring an additional 1,122,159 shares during the last quarter. UBS Asset Management Americas Inc. lifted its stake in Anthem by 80.6% in the second quarter. UBS Asset Management Americas Inc. now owns 1,583,761 shares of the company’s stock valued at $297,953,000 after acquiring an additional 706,775 shares during the last quarter. BlueMountain Capital Management LLC lifted its stake in Anthem by 12,287.7% in the second quarter. BlueMountain Capital Management LLC now owns 596,715 shares of the company’s stock valued at $112,260,000 after acquiring an additional 591,898 shares during the last quarter. Assenagon Asset Management S.A. acquired a new stake in Anthem in the third quarter valued at $101,758,000. Finally, Vanguard Group Inc. lifted its stake in Anthem by 2.8% in the second quarter. Vanguard Group Inc. now owns 17,804,726 shares of the company’s stock valued at $3,349,603,000 after acquiring an additional 479,046 shares during the last quarter. Institutional investors and hedge funds own 87.41% of the company’s stock.

In related news, SVP Ronald W. Penczek sold 978 shares of the firm’s stock in a transaction dated Tuesday, November 7th. The shares were sold at an average price of $217.42, for a total transaction of $212,636.76. Following the transaction, the senior vice president now directly owns 1,222 shares of the company’s stock, valued at $265,687.24. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Chairman Joseph Swedish sold 21,125 shares of the firm’s stock in a transaction dated Friday, December 1st. The stock was sold at an average price of $231.43, for a total transaction of $4,888,958.75. Following the transaction, the chairman now directly owns 87,668 shares in the company, valued at $20,289,005.24. The disclosure for this sale can be found here. Insiders sold 59,259 shares of company stock worth $13,194,281 over the last three months. Insiders own 0.36% of the company’s stock.

A number of analysts have commented on ANTM shares. Morgan Stanley increased their price target on shares of Anthem from $201.00 to $215.00 and gave the company an “equal weight” rating in a research note on Thursday, October 26th. Bank of America increased their price target on shares of Anthem from $249.00 to $254.00 and gave the company a “buy” rating in a research note on Friday, November 17th. Credit Suisse Group started coverage on shares of Anthem in a research note on Thursday, November 2nd. They issued an “outperform” rating and a $234.00 price target for the company. Jefferies Group increased their price target on shares of Anthem from $204.00 to $211.00 and gave the company a “hold” rating in a research note on Friday, October 13th. Finally, B. Riley reiterated a “buy” rating on shares of Anthem in a research note on Wednesday, December 6th. Five investment analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company. Anthem has a consensus rating of “Buy” and a consensus target price of $205.60.

Shares of Anthem Inc (NYSE:ANTM) traded up $1.11 on Friday, hitting $235.00. 1,520,300 shares of the stock traded hands, compared to its average volume of 1,357,925. The company has a market capitalization of $61,600.00, a price-to-earnings ratio of 21.25, a PEG ratio of 1.70 and a beta of 0.79. Anthem Inc has a 52 week low of $144.34 and a 52 week high of $237.00. 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 issued its quarterly earnings data on Wednesday, October 25th. The company reported $2.65 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $2.40 by $0.25. The company had revenue of $22.10 billion for the quarter, compared to analyst estimates of $22.10 billion. Anthem had a net margin of 3.35% and a return on equity of 12.97%. The company’s revenue was up 4.6% on a year-over-year basis. During the same period in the prior year, the firm earned $2.45 earnings per share. sell-side analysts expect that Anthem Inc will post 11.97 EPS for the current year.

Anthem declared that its board has approved a share repurchase program on Thursday, December 7th that allows the company to buyback $5.00 billion in outstanding shares. This buyback authorization allows the company to repurchase shares of its stock through open market purchases. Shares buyback programs are usually an indication that the company’s board believes its shares are undervalued.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 21st. Stockholders of record on Tuesday, December 5th were given a $0.70 dividend. This represents a $2.80 annualized dividend and a dividend yield of 1.19%. The ex-dividend date was Monday, December 4th. Anthem’s payout ratio is presently 25.32%.

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About Anthem

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.

Institutional Ownership by Quarter for Anthem (NYSE:ANTM)

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