Anthem Inc (ANTM) Shares Bought by Bellevue Group AG

Bellevue Group AG grew its holdings in Anthem Inc (NYSE:ANTM) by 17.8% during the 2nd quarter, Holdings Channel reports. The firm owned 213,527 shares of the company’s stock after buying an additional 32,284 shares during the period. Anthem accounts for approximately 4.3% of Bellevue Group AG’s holdings, making the stock its largest holding. Bellevue Group AG’s holdings in Anthem were worth $50,826,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. CI Global Investments Inc. purchased a new stake in shares of Anthem in the 1st quarter valued at $170,362,000. Iridian Asset Management LLC CT purchased a new stake in shares of Anthem in the 2nd quarter valued at $163,011,000. BlackRock Inc. raised its holdings in shares of Anthem by 2.7% in the 1st quarter. BlackRock Inc. now owns 22,596,529 shares of the company’s stock valued at $4,964,457,000 after buying an additional 596,099 shares during the period. Allianz Asset Management GmbH raised its holdings in shares of Anthem by 31.5% in the 1st quarter. Allianz Asset Management GmbH now owns 2,108,871 shares of the company’s stock valued at $463,319,000 after buying an additional 505,252 shares during the period. Finally, Bessemer Group Inc. raised its holdings in shares of Anthem by 1,097.5% in the 2nd quarter. Bessemer Group Inc. now owns 463,480 shares of the company’s stock valued at $110,322,000 after buying an additional 424,775 shares during the period. 86.37% of the stock is currently owned by institutional investors and hedge funds.

In other news, Director Julie A. Hill sold 1,000 shares of the stock in a transaction dated Friday, May 25th. The stock was sold at an average price of $233.00, for a total value of $233,000.00. Following the transaction, the director now owns 35,075 shares in the company, valued at approximately $8,172,475. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Craig E. Samitt sold 19,541 shares of the stock in a transaction dated Thursday, July 26th. The shares were sold at an average price of $246.68, for a total value of $4,820,373.88. Following the completion of the transaction, the executive vice president now owns 20,857 shares in the company, valued at approximately $5,145,004.76. The disclosure for this sale can be found here. In the last quarter, insiders sold 21,541 shares of company stock worth $5,284,474. Company insiders own 0.31% of the company’s stock.



Several equities research analysts recently issued reports on ANTM shares. Jefferies Financial Group reiterated a “buy” rating and issued a $296.00 price objective on shares of Anthem in a report on Thursday, July 26th. Cantor Fitzgerald restated a “buy” rating and set a $275.00 price target on shares of Anthem in a report on Wednesday, July 25th. ValuEngine upgraded Anthem from a “hold” rating to a “buy” rating in a report on Tuesday, June 26th. Zacks Investment Research upgraded Anthem from a “hold” rating to a “buy” rating and set a $274.00 price target on the stock in a report on Wednesday, June 20th. Finally, Morgan Stanley upped their price target on Anthem from $266.00 to $269.00 and gave the stock an “equal weight” rating in a report on Thursday, April 26th. Three equities research analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of $269.00.

Shares of NYSE ANTM opened at $264.97 on Wednesday. The company has a current ratio of 1.52, a quick ratio of 1.52 and a debt-to-equity ratio of 0.61. Anthem Inc has a 1-year low of $179.40 and a 1-year high of $267.95. The stock has a market cap of $67.60 billion, a price-to-earnings ratio of 22.01, a P/E/G ratio of 1.42 and a beta of 0.89.

Anthem (NYSE:ANTM) last issued its quarterly earnings results on Wednesday, July 25th. The company reported $4.25 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $4.16 by $0.09. Anthem had a return on equity of 13.28% and a net margin of 4.79%. The company had revenue of $22.71 billion for the quarter, compared to the consensus estimate of $22.66 billion. During the same quarter in the prior year, the business earned $3.37 EPS. Anthem’s revenue was up 2.3% on a year-over-year basis. research analysts expect that Anthem Inc will post 15.48 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 25th. Stockholders of record on Monday, September 10th will be issued a $0.75 dividend. The ex-dividend date of this dividend is Friday, September 7th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 1.13%. Anthem’s payout ratio is currently 24.92%.

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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