Anthem Inc (NYSE:ANTM) Director Ramiro G. Peru sold 1,656 shares of the business’s stock in a transaction dated Tuesday, May 21st. The shares were sold at an average price of $275.00, for a total transaction of $455,400.00. Following the completion of the sale, the director now owns 11,173 shares in the company, valued at $3,072,575. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.
Shares of Anthem stock traded up $0.58 on Thursday, reaching $277.72. 1,677,216 shares of the company were exchanged, compared to its average volume of 1,923,131. Anthem Inc has a 1-year low of $220.80 and a 1-year high of $317.99. The company has a market cap of $71.26 billion, a PE ratio of 17.48, a P/E/G ratio of 0.98 and a beta of 0.85. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.61 and a current ratio of 1.61.
Anthem (NYSE:ANTM) last announced its quarterly earnings data on Wednesday, April 24th. The company reported $6.03 EPS for the quarter, topping the Zacks’ consensus estimate of $5.86 by $0.17. Anthem had a return on equity of 14.99% and a net margin of 4.23%. The business had revenue of $24.39 billion during the quarter, compared to the consensus estimate of $24.31 billion. During the same period in the previous year, the company posted $5.41 earnings per share. The business’s revenue for the quarter was up 9.2% on a year-over-year basis. On average, sell-side analysts predict that Anthem Inc will post 19.29 earnings per share for the current fiscal year.
A number of analysts have issued reports on ANTM shares. Argus started coverage on shares of Anthem in a research note on Thursday, January 24th. They set a “buy” rating and a $333.00 price target on the stock. Barclays set a $338.00 price target on shares of Anthem and gave the stock a “buy” rating in a research note on Friday, March 8th. Zacks Investment Research upgraded shares of Anthem from a “hold” rating to a “buy” rating and set a $293.00 price target on the stock in a research note on Thursday, May 16th. SunTrust Banks cut their price target on shares of Anthem to $300.00 and set a “hold” rating on the stock in a research note on Thursday, April 25th. Finally, Morgan Stanley reiterated an “overweight” rating and set a $391.00 price target (up from $372.00) on shares of Anthem in a research note on Thursday, January 31st. Two research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company’s stock. Anthem has an average rating of “Buy” and a consensus target price of $324.87.
A number of institutional investors and hedge funds have recently made changes to their positions in ANTM. Morgan Stanley boosted its holdings in Anthem by 65.9% in the third quarter. Morgan Stanley now owns 676,812 shares of the company’s stock valued at $185,481,000 after purchasing an additional 268,900 shares in the last quarter. Vanguard Group Inc boosted its holdings in Anthem by 2.9% in the third quarter. Vanguard Group Inc now owns 18,729,474 shares of the company’s stock valued at $5,132,811,000 after purchasing an additional 532,579 shares in the last quarter. Steward Partners Investment Advisory LLC boosted its holdings in Anthem by 193.2% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 1,865 shares of the company’s stock valued at $489,000 after purchasing an additional 1,229 shares in the last quarter. NewSquare Capital LLC acquired a new position in Anthem in the fourth quarter valued at approximately $246,000. Finally, JGP Global Gestao de Recursos Ltda. acquired a new position in Anthem in the fourth quarter valued at approximately $309,000. 93.50% of the stock is owned by hedge funds and other institutional investors.
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Anthem Company 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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