Rhumbline Advisers Boosts Position in Anthem Inc (NYSE:ANTM)

Rhumbline Advisers lifted its stake in shares of Anthem Inc (NYSE:ANTM) by 3.9% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 563,741 shares of the company’s stock after acquiring an additional 21,141 shares during the period. Rhumbline Advisers’ holdings in Anthem were worth $135,354,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of ANTM. Barrow Hanley Mewhinney & Strauss LLC raised its holdings in Anthem by 101.2% in the 2nd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 3,821,672 shares of the company’s stock valued at $1,078,514,000 after buying an additional 1,921,814 shares during the period. Nuveen Asset Management LLC raised its holdings in Anthem by 5,130.7% in the 2nd quarter. Nuveen Asset Management LLC now owns 1,531,222 shares of the company’s stock valued at $432,125,000 after buying an additional 1,501,948 shares during the period. Boston Partners raised its holdings in Anthem by 33.9% in the 2nd quarter. Boston Partners now owns 2,437,084 shares of the company’s stock valued at $688,249,000 after buying an additional 617,137 shares during the period. Prudential PLC raised its holdings in Anthem by 108.1% in the 2nd quarter. Prudential PLC now owns 821,298 shares of the company’s stock valued at $231,673,000 after buying an additional 426,668 shares during the period. Finally, Morgan Stanley raised its holdings in Anthem by 47.2% in the 2nd quarter. Morgan Stanley now owns 1,182,408 shares of the company’s stock valued at $333,685,000 after buying an additional 378,897 shares during the period. Institutional investors and hedge funds own 88.39% of the company’s stock.

In other news, Director Robert L. Dixon, Jr. sold 520 shares of the business’s stock in a transaction dated Friday, July 26th. The stock was sold at an average price of $294.11, for a total transaction of $152,937.20. Following the completion of 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 filing with the SEC, which is accessible through this link. Insiders own 0.17% of the company’s stock.

Several equities analysts have weighed in on the company. Wells Fargo & Co reaffirmed a “buy” rating on shares of Anthem in a research report on Friday, July 26th. Deutsche Bank assumed coverage on Anthem in a research report on Thursday, September 12th. They issued a “buy” rating for the company. Mizuho assumed coverage on Anthem in a research report on Thursday, October 17th. They issued a “neutral” rating and a $262.00 target price for the company. Credit Suisse Group reaffirmed an “outperform” rating and issued a $340.00 target price (down from $345.00) on shares of Anthem in a research report on Thursday. Finally, Zacks Investment Research downgraded Anthem from a “buy” rating to a “hold” rating and set a $289.00 target price for the company. in a research report on Monday, August 19th. Four research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. The company currently has an average rating of “Buy” and an average target price of $318.80.

Shares of Anthem stock traded down $3.88 on Thursday, reaching $259.63. 102,173 shares of the company were exchanged, compared to its average volume of 1,629,476. Anthem Inc has a 1-year low of $227.16 and a 1-year high of $317.99. The company has a market cap of $66.58 billion, a P/E ratio of 16.31, a price-to-earnings-growth ratio of 0.96 and a beta of 0.73. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.64 and a quick ratio of 1.64. The stock’s 50 day moving average price is $247.38 and its 200-day moving average price is $270.01.

Anthem (NYSE:ANTM) last announced its quarterly earnings data on Wednesday, October 23rd. The company reported $4.87 EPS for the quarter, topping the Zacks’ consensus estimate of $4.82 by $0.05. Anthem had a return on equity of 15.02% and a net margin of 4.21%. The business had revenue of $26.44 billion during the quarter, compared to the consensus estimate of $25.88 billion. During the same period in the previous year, the company posted $3.81 earnings per share. The business’s revenue for the quarter was up 15.1% on a year-over-year basis. On average, research analysts predict that Anthem Inc will post 19.35 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 20th. Stockholders of record on Thursday, December 5th 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 1.23%. Anthem’s dividend payout ratio is presently 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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