Signature Estate & Investment Advisors LLC Increases Stock Position in Anthem Inc (NYSE:ANTM)

Signature Estate & Investment Advisors LLC raised its stake in shares of Anthem Inc (NYSE:ANTM) by 23.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,761 shares of the company’s stock after purchasing an additional 330 shares during the period. Signature Estate & Investment Advisors LLC’s holdings in Anthem were worth $532,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of ANTM. M&G Investment Management Ltd. purchased a new position in Anthem during the fourth quarter valued at $187,621,000. Sanders Capital LLC raised its position in shares of Anthem by 14.0% in the fourth quarter. Sanders Capital LLC now owns 2,617,744 shares of the company’s stock valued at $890,028,000 after buying an additional 322,073 shares during the last quarter. TPG Group Holdings SBS Advisors Inc. raised its position in shares of Anthem by 60.6% in the third quarter. TPG Group Holdings SBS Advisors Inc. now owns 583,228 shares of the company’s stock valued at $140,033,000 after buying an additional 219,977 shares during the last quarter. Squarepoint Ops LLC raised its position in shares of Anthem by 5,075.9% in the third quarter. Squarepoint Ops LLC now owns 181,157 shares of the company’s stock valued at $43,496,000 after buying an additional 177,657 shares during the last quarter. Finally, Man Group plc raised its position in shares of Anthem by 79.1% in the third quarter. Man Group plc now owns 373,850 shares of the company’s stock valued at $89,761,000 after buying an additional 165,143 shares during the last quarter. 88.27% of the stock is currently owned by institutional investors and hedge funds.

Anthem stock traded down $2.42 during midday trading on Friday, hitting $296.45. 96,439 shares of the stock were exchanged, compared to its average volume of 1,677,049. Anthem Inc has a fifty-two week low of $227.16 and a fifty-two week high of $317.99. The stock has a market capitalization of $70.12 billion, a price-to-earnings ratio of 16.06, a PEG ratio of 0.87 and a beta of 0.84. The stock’s 50-day simple moving average is $293.87 and its 200 day simple moving average is $276.50. The company has a current ratio of 1.65, a quick ratio of 1.70 and a debt-to-equity ratio of 0.56.

Anthem (NYSE:ANTM) last issued its quarterly earnings data on Wednesday, January 29th. The company reported $3.88 earnings per share for the quarter, missing the consensus estimate of $3.90 by ($0.02). The company had revenue of $27.13 billion for the quarter, compared to analysts’ expectations of $27.06 billion. Anthem had a return on equity of 16.34% and a net margin of 4.61%. The firm’s quarterly revenue was up 16.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.44 EPS. Equities analysts anticipate that Anthem Inc will post 22.41 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, March 27th. Investors of record on Monday, March 16th will be issued a dividend of $0.95 per share. This is a positive change from Anthem’s previous quarterly dividend of $0.80. This represents a $3.80 dividend on an annualized basis and a yield of 1.28%. The ex-dividend date of this dividend is Friday, March 13th. Anthem’s payout ratio is presently 16.46%.

In other news, CEO Gail Boudreaux bought 7,600 shares of the stock in a transaction that occurred on Thursday, January 30th. The shares were purchased at an average cost of $266.65 per share, with a total value of $2,026,540.00. Following the completion of the acquisition, the chief executive officer now directly owns 24,556 shares in the company, valued at $6,547,857.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Peter D. Haytaian sold 12,095 shares of Anthem stock in a transaction dated Monday, November 18th. The stock was sold at an average price of $300.00, for a total value of $3,628,500.00. Following the transaction, the executive vice president now directly owns 41,377 shares in the company, valued at $12,413,100. The disclosure for this sale can be found here. 0.17% of the stock is owned by insiders.

ANTM has been the subject of a number of recent research reports. Deutsche Bank reduced their target price on shares of Anthem from $319.00 to $314.00 and set a “buy” rating for the company in a research report on Friday, January 31st. Evercore ISI upgraded shares of Anthem from an “in-line” rating to an “outperform” rating in a research report on Friday, January 3rd. Credit Suisse Group reduced their target price on shares of Anthem from $380.00 to $355.00 and set an “outperform” rating for the company in a research report on Friday, January 31st. Bank of America reduced their target price on shares of Anthem from $330.00 to $324.00 and set a “neutral” rating for the company in a research report on Thursday, January 30th. Finally, ValuEngine upgraded shares of Anthem from a “sell” rating to a “hold” rating in a research report on Tuesday, January 28th. Five analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $325.77.

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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