Daiwa Securities Group Inc. Has $3.62 Million Stake in Anthem Inc (ANTM)

Daiwa Securities Group Inc. decreased its holdings in shares of Anthem Inc (NYSE:ANTM) by 0.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,794 shares of the company’s stock after selling 47 shares during the quarter. Daiwa Securities Group Inc.’s holdings in Anthem were worth $3,623,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of ANTM. Financial Gravity Companies Inc. acquired a new stake in shares of Anthem during the 4th quarter worth approximately $49,000. Quantamental Technologies LLC acquired a new stake in shares of Anthem during the 4th quarter worth approximately $52,000. Essex Savings Bank acquired a new stake in shares of Anthem during the 4th quarter worth approximately $53,000. We Are One Seven LLC acquired a new stake in shares of Anthem during the 4th quarter worth approximately $68,000. Finally, Cornerstone Advisors Inc. grew its position in shares of Anthem by 34.3% during the 4th quarter. Cornerstone Advisors Inc. now owns 282 shares of the company’s stock worth $74,000 after buying an additional 72 shares during the period. Institutional investors own 97.06% of the company’s stock.

Anthem stock opened at $306.44 on Wednesday. Anthem Inc has a fifty-two week low of $215.52 and a fifty-two week high of $311.60. The company has a market cap of $78.69 billion, a P/E ratio of 19.29, a PEG ratio of 1.15 and a beta of 0.95. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.54 and a current ratio of 1.56.

Anthem (NYSE:ANTM) last released its quarterly earnings data on Wednesday, January 30th. The company reported $2.44 earnings per share for the quarter, topping the consensus estimate of $2.20 by $0.24. Anthem had a net margin of 4.07% and a return on equity of 14.82%. The business had revenue of $23.30 billion for the quarter, compared to analyst estimates of $23.27 billion. During the same quarter last year, the firm earned $1.29 EPS. Anthem’s quarterly revenue was up 3.8% compared to the same quarter last year. Analysts expect that Anthem Inc will post 19.12 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 29th. Investors of record on Monday, March 18th will be paid a dividend of $0.80 per share. This is a positive change from Anthem’s previous quarterly dividend of $0.75. The ex-dividend date of this dividend is Friday, March 15th. This represents a $3.20 annualized dividend and a yield of 1.04%. Anthem’s dividend payout ratio (DPR) is presently 18.88%.

In other Anthem news, Director Julie A. Hill sold 500 shares of Anthem stock in a transaction that occurred on Thursday, January 31st. The shares were sold at an average price of $299.75, for a total value of $149,875.00. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Peter D. Haytaian sold 3,000 shares of Anthem stock in a transaction that occurred on Thursday, December 27th. The shares were sold at an average price of $256.31, for a total transaction of $768,930.00. Following the completion of the transaction, the executive vice president now directly owns 42,206 shares in the company, valued at approximately $10,817,819.86. The disclosure for this sale can be found here. Insiders have sold a total of 23,400 shares of company stock worth $6,545,411 in the last three months. 0.31% of the stock is owned by insiders.

Several equities research analysts have recently commented on ANTM shares. SunTrust Banks lifted their price target on shares of Anthem to $340.00 in a research report on Thursday, January 31st. BMO Capital Markets lifted their price target on shares of Anthem from $300.00 to $310.00 and gave the stock a “buy” rating in a research report on Thursday, November 1st. Cantor Fitzgerald reiterated a “buy” rating and set a $275.00 price target on shares of Anthem in a research report on Thursday, October 25th. Jefferies Financial Group lifted their price target on shares of Anthem from $323.00 to $345.00 and gave the stock a “buy” rating in a research report on Monday, December 3rd. Finally, Barclays reiterated a “buy” rating and set a $282.00 price target on shares of Anthem in a research report on Sunday, January 6th. Two research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $329.93.

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Anthem Profile

Anthem, Inc, through its subsidiaries, operates as a health benefits company in the United States. It operates through three segments: Commercial & Specialty Business, Government Business, and Other. The company offers a spectrum of network-based managed care health benefit plans to large and small group, individual, Medicaid, and Medicare markets.

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Institutional Ownership by Quarter for Anthem (NYSE:ANTM)

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