Buckley Wealth Management LLC Sells 200 Shares of Anthem Inc (NYSE:ANTM)

Buckley Wealth Management LLC reduced its position in shares of Anthem Inc (NYSE:ANTM) by 13.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,300 shares of the company’s stock after selling 200 shares during the period. Buckley Wealth Management LLC’s holdings in Anthem were worth $312,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in ANTM. NuWave Investment Management LLC boosted its holdings in shares of Anthem by 46.3% during the 2nd quarter. NuWave Investment Management LLC now owns 120 shares of the company’s stock worth $34,000 after buying an additional 38 shares in the last quarter. Sonora Investment Management LLC boosted its holdings in shares of Anthem by 38.0% during the 2nd quarter. Sonora Investment Management LLC now owns 138 shares of the company’s stock worth $39,000 after buying an additional 38 shares in the last quarter. Convergence Investment Partners LLC boosted its holdings in shares of Anthem by 4.2% during the 2nd quarter. Convergence Investment Partners LLC now owns 943 shares of the company’s stock worth $266,000 after buying an additional 38 shares in the last quarter. Wright Investors Service Inc. boosted its holdings in shares of Anthem by 0.4% during the 2nd quarter. Wright Investors Service Inc. now owns 10,050 shares of the company’s stock worth $2,836,000 after buying an additional 41 shares in the last quarter. Finally, Advantage Investment Management LLC boosted its holdings in shares of Anthem by 10.1% during the 2nd quarter. Advantage Investment Management LLC now owns 458 shares of the company’s stock worth $129,000 after buying an additional 42 shares in the last quarter. Institutional investors own 88.28% of the company’s stock.

A number of equities analysts have issued reports on the company. Zacks Investment Research cut Anthem from a “buy” rating to a “hold” rating and set a $289.00 price target on the stock. in a report on Monday, August 19th. Morgan Stanley cut their price target on Anthem from $371.00 to $356.00 and set an “overweight” rating on the stock in a report on Thursday, September 26th. Deutsche Bank assumed coverage on Anthem in a report on Thursday, September 12th. They set a “buy” rating on the stock. ValuEngine cut Anthem from a “hold” rating to a “sell” rating in a report on Thursday, August 22nd. Finally, Wells Fargo & Co restated a “buy” rating on shares of Anthem in a report on Friday, July 26th. One analyst has rated the stock with a sell rating, two have given a hold rating and fourteen have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $324.86.



In other news, Director Robert L. Dixon, Jr. sold 520 shares of the company’s stock in a transaction that occurred on Friday, July 26th. The stock was sold at an average price of $294.11, for a total transaction of $152,937.20. Following the transaction, the director now directly owns 9,971 shares of the company’s stock, valued at $2,932,570.81. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.17% of the stock is owned by corporate insiders.

Shares of NYSE:ANTM traded up $0.27 during trading on Friday, reaching $237.50. 139,263 shares of the stock were exchanged, compared to its average volume of 1,613,365. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.64 and a quick ratio of 1.64. Anthem Inc has a 1-year low of $227.16 and a 1-year high of $317.99. The stock has a fifty day moving average of $250.66 and a two-hundred day moving average of $272.73. The firm has a market cap of $60.25 billion, a price-to-earnings ratio of 14.95, a price-to-earnings-growth ratio of 0.87 and a beta of 0.73.

Anthem (NYSE:ANTM) last issued its earnings results on Wednesday, July 24th. The company reported $4.64 earnings per share for the quarter, topping analysts’ consensus estimates of $4.61 by $0.03. Anthem had a return on equity of 15.02% and a net margin of 4.21%. The company had revenue of $25.20 billion for the quarter, compared to analyst estimates of $24.88 billion. During the same period in the prior year, the firm earned $4.25 earnings per share. Anthem’s revenue for the quarter was up 10.9% on a year-over-year basis. Sell-side analysts forecast that Anthem Inc will post 19.36 EPS for the current year.

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 25th. Stockholders of record on Tuesday, September 10th were given a dividend of $0.80 per share. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.35%. The ex-dividend date was Monday, September 9th. Anthem’s payout ratio is 20.14%.

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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Institutional Ownership by Quarter for Anthem (NYSE:ANTM)

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