Capital International Sarl Raises Stock Holdings in Anthem Inc (NYSE:ANTM)

Capital International Sarl increased its stake in shares of Anthem Inc (NYSE:ANTM) by 237.0% in the fourth quarter, HoldingsChannel reports. The firm owned 16,140 shares of the company’s stock after buying an additional 11,350 shares during the period. Capital International Sarl’s holdings in Anthem were worth $4,875,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Sonora Investment Management LLC acquired a new position in Anthem during the 4th quarter valued at about $30,000. Mizuho Securities Co. Ltd. acquired a new position in Anthem during the 4th quarter valued at about $30,000. CFM Wealth Partners LLC acquired a new position in Anthem during the 4th quarter valued at about $31,000. Princeton Global Asset Management LLC acquired a new position in Anthem during the 4th quarter valued at about $41,000. Finally, Mine & Arao Wealth Creation & Management LLC. acquired a new position in Anthem during the 4th quarter valued at about $45,000. Hedge funds and other institutional investors own 88.30% of the company’s stock.

ANTM has been the topic of several recent analyst reports. JPMorgan Chase & Co. upped their target price on Anthem from $322.00 to $391.00 and gave the company an “overweight” rating in a research report on Friday, December 20th. ValuEngine raised Anthem from a “sell” rating to a “hold” rating in a research report on Tuesday, January 28th. Morgan Stanley reduced their target price on Anthem from $382.00 to $374.00 and set an “overweight” rating on the stock in a research report on Friday, January 31st. Evercore ISI raised Anthem from an “in-line” rating to an “outperform” rating in a research report on Friday, January 3rd. Finally, Stephens reduced their target price on Anthem from $345.00 to $330.00 and set an “overweight” rating on the stock in a research report on Wednesday, January 29th. Five research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $329.46.

In related news, CEO Gail Boudreaux bought 7,600 shares of the company’s stock in a transaction that occurred on Thursday, January 30th. The shares were purchased at an average cost of $266.65 per share, with a total value of $2,026,540.00. Following the completion of the acquisition, the chief executive officer now directly owns 24,556 shares in the company, valued at $6,547,857.40. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.17% of the stock is currently owned by corporate insiders.

Shares of ANTM stock traded up $8.10 during mid-day trading on Thursday, reaching $224.47. The stock had a trading volume of 1,072,768 shares, compared to its average volume of 3,186,547. The business’s fifty day moving average is $266.42 and its 200-day moving average is $273.63. The company has a current ratio of 1.65, a quick ratio of 1.65 and a debt-to-equity ratio of 0.56. The firm has a market cap of $49.67 billion, a price-to-earnings ratio of 12.17, a PEG ratio of 0.57 and a beta of 0.78. Anthem Inc has a 1-year low of $171.03 and a 1-year high of $312.48.

Anthem (NYSE:ANTM) last announced its quarterly earnings data on Wednesday, January 29th. The company reported $3.88 earnings per share for the quarter, missing analysts’ consensus estimates of $3.90 by ($0.02). The firm had revenue of $27.13 billion during the quarter, compared to analyst estimates of $27.06 billion. Anthem had a net margin of 4.61% and a return on equity of 16.34%. The firm’s revenue for the quarter was up 16.4% on a year-over-year basis. During the same period in the prior year, the company posted $2.44 earnings per share. On average, analysts forecast that Anthem Inc will post 22.3 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 27th. Stockholders of record on Monday, March 16th will be issued a $0.95 dividend. The ex-dividend date is Friday, March 13th. This is a positive change from Anthem’s previous quarterly dividend of $0.80. This represents a $3.80 dividend on an annualized basis and a dividend yield of 1.69%. Anthem’s dividend payout ratio is currently 19.55%.

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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