Anthem Inc (NYSE:ANTM) Stake Lessened by Jaffetilchin Investment Partners LLC

Jaffetilchin Investment Partners LLC decreased its holdings in shares of Anthem Inc (NYSE:ANTM) by 19.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 719 shares of the company’s stock after selling 177 shares during the period. Jaffetilchin Investment Partners LLC’s holdings in Anthem were worth $206,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also made changes to their positions in the company. Oregon Public Employees Retirement Fund raised its stake in Anthem by 24,845.3% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 27,122,063 shares of the company’s stock valued at $103,000 after purchasing an additional 27,013,337 shares during the last quarter. Norges Bank acquired a new position in Anthem in the 4th quarter valued at $667,351,000. CI Investments Inc. raised its stake in Anthem by 373.8% in the 4th quarter. CI Investments Inc. now owns 1,241,273 shares of the company’s stock valued at $325,995,000 after purchasing an additional 979,273 shares during the last quarter. Investec Asset Management LTD acquired a new position in Anthem in the 4th quarter valued at $219,306,000. Finally, Vanguard Group Inc raised its stake in Anthem by 2.9% in the 3rd 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 during the last quarter. Hedge funds and other institutional investors own 87.14% of the company’s stock.

In related news, SVP Ronald W. Penczek sold 763 shares of the firm’s stock in a transaction dated Thursday, May 30th. The stock was sold at an average price of $279.00, for a total transaction of $212,877.00. Following the completion of the sale, the senior vice president now directly owns 2,295 shares of the company’s stock, valued at approximately $640,305. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Ramiro G. Peru sold 1,656 shares of the firm’s stock in a transaction dated Tuesday, May 21st. The stock was sold at an average price of $275.00, for a total value of $455,400.00. Following the sale, the director now directly owns 11,173 shares of the company’s stock, valued at $3,072,575. The disclosure for this sale can be found here. 0.17% of the stock is currently owned by company insiders.



A number of analysts have issued reports on the company. Citigroup raised Anthem from a “neutral” rating to a “buy” rating and set a $325.00 target price for the company in a research note on Friday, May 10th. UBS Group assumed coverage on Anthem in a research note on Tuesday, April 23rd. They issued a “buy” rating and a $294.00 target price for the company. Cantor Fitzgerald reaffirmed a “buy” rating and issued a $360.00 target price on shares of Anthem in a research note on Sunday, April 21st. Barclays set a $338.00 target price on Anthem and gave the stock a “buy” rating in a research note on Friday, March 8th. Finally, Zacks Investment Research raised Anthem from a “hold” rating to a “buy” rating and set a $293.00 target price for the company in a research note on Thursday, May 16th. Two investment analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. Anthem has a consensus rating of “Buy” and an average price target of $324.87.

Shares of NYSE:ANTM traded down $3.60 during midday trading on Wednesday, reaching $279.85. 49,322 shares of the company’s stock were exchanged, compared to its average volume of 1,886,210. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 0.58. The company has a market capitalization of $72.84 billion, a price-to-earnings ratio of 17.61, a PEG ratio of 0.98 and a beta of 0.73. Anthem Inc has a fifty-two week low of $226.23 and a fifty-two week high of $317.99.

Anthem (NYSE:ANTM) last issued its quarterly earnings data on Wednesday, April 24th. The company reported $6.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.86 by $0.17. The firm had revenue of $24.39 billion during the quarter, compared to the consensus estimate of $24.31 billion. Anthem had a return on equity of 14.99% and a net margin of 4.23%. The company’s quarterly revenue was up 9.2% on a year-over-year basis. During the same period last year, the company earned $5.41 EPS. As a group, equities research analysts predict that Anthem Inc will post 19.29 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 25th. Investors of record on Monday, June 10th will be given a dividend of $0.80 per share. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.14%. The ex-dividend date is Friday, June 7th. Anthem’s payout ratio is 20.14%.

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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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