TD Asset Management Inc. decreased its stake in shares of Anthem, Inc. (NYSE:ANTM) by 0.4% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 294,752 shares of the company’s stock after selling 1,121 shares during the period. TD Asset Management Inc. owned 0.11% of Anthem worth $55,451,000 at the end of the most recent reporting period.
A number of other large investors have also bought and sold shares of ANTM. Raymond James Trust N.A. raised its stake in shares of Anthem by 16.2% in the first quarter. Raymond James Trust N.A. now owns 3,457 shares of the company’s stock valued at $572,000 after buying an additional 482 shares during the period. Quadrant Capital Group LLC raised its stake in Anthem by 5.0% in the first quarter. Quadrant Capital Group LLC now owns 1,540 shares of the company’s stock worth $245,000 after buying an additional 74 shares during the period. National Pension Service raised its stake in Anthem by 2.4% in the first quarter. National Pension Service now owns 193,494 shares of the company’s stock worth $32,329,000 after buying an additional 4,590 shares during the period. Mitchell Mcleod Pugh & Williams Inc. raised its stake in Anthem by 11.0% in the first quarter. Mitchell Mcleod Pugh & Williams Inc. now owns 2,725 shares of the company’s stock worth $451,000 after buying an additional 270 shares during the period. Finally, Highland Capital Management LLC acquired a new position in shares of Anthem during the first quarter worth about $324,000. 89.48% of the stock is owned by institutional investors.
Anthem, Inc. (NYSE ANTM) traded down 0.49% during mid-day trading on Friday, hitting $191.02. 1,061,167 shares of the stock traded hands. Anthem, Inc. has a 12 month low of $114.85 and a 12 month high of $194.94. The stock has a 50-day moving average price of $190.39 and a 200-day moving average price of $177.46. The stock has a market cap of $50.16 billion, a P/E ratio of 18.06 and a beta of 0.73.
Anthem (NYSE:ANTM) last announced its quarterly earnings data on Wednesday, July 26th. The company reported $3.37 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $3.23 by $0.14. Anthem had a net margin of 3.24% and a return on equity of 12.93%. The firm had revenue of $22.20 billion during the quarter, compared to analysts’ expectations of $22.25 billion. During the same quarter last year, the business earned $3.33 earnings per share. The business’s revenue for the quarter was up 4.3% compared to the same quarter last year. On average, equities analysts forecast that Anthem, Inc. will post $11.82 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 25th. Investors of record on Friday, September 8th will be paid a $0.70 dividend. This is a boost from Anthem’s previous quarterly dividend of $0.65. The ex-dividend date is Thursday, September 7th. This represents a $2.80 annualized dividend and a dividend yield of 1.47%. Anthem’s dividend payout ratio (DPR) is 24.62%.
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A number of research analysts recently issued reports on the company. Morgan Stanley boosted their price target on Anthem from $196.00 to $201.00 and gave the company an “equal weight” rating in a report on Thursday. BidaskClub downgraded Anthem from a “buy” rating to a “hold” rating in a research note on Monday, July 31st. Jefferies Group LLC reaffirmed a “hold” rating and issued a $183.00 price objective (up from $177.00) on shares of Anthem in a research report on Sunday, April 23rd. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $215.00 price objective (up from $210.00) on shares of Anthem in a research report on Wednesday, July 26th. Finally, Deutsche Bank AG increased their price target on Anthem from $173.00 to $185.00 and gave the company a “hold” rating in a report on Thursday, July 13th. Eleven research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $181.76.
In other Anthem news, Director Julie A. Hill sold 524 shares of Anthem stock in a transaction dated Thursday, August 10th. The shares were sold at an average price of $190.80, for a total transaction of $99,979.20. Following the completion of the transaction, the director now owns 36,924 shares in the company, valued at $7,045,099.20. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Julie A. Hill sold 555 shares of Anthem stock in a transaction dated Wednesday, May 24th. The stock was sold at an average price of $180.56, for a total transaction of $100,210.80. Following the transaction, the director now owns 37,448 shares of the company’s stock, valued at approximately $6,761,610.88. The disclosure for this sale can be found here. Insiders sold 13,754 shares of company stock valued at $2,595,073 in the last quarter. Company insiders own 0.36% of the company’s stock.
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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