Mirae Asset Global Investments Co. Ltd. raised its stake in shares of Anthem Inc (NYSE:ANTM) by 8.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 49,222 shares of the company’s stock after buying an additional 3,752 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in Anthem were worth $12,927,000 as of its most recent SEC filing.
A number of other institutional investors also recently added to or reduced their stakes in ANTM. Oregon Public Employees Retirement Fund increased its stake in Anthem by 24,845.3% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 27,122,063 shares of the company’s stock valued at $103,000 after buying an additional 27,013,337 shares during the period. Iridian Asset Management LLC CT increased its stake in Anthem by 129.1% during the 3rd quarter. Iridian Asset Management LLC CT now owns 1,569,169 shares of the company’s stock valued at $430,031,000 after buying an additional 884,335 shares during the period. Investec Asset Management LTD acquired a new position in Anthem during the 4th quarter valued at about $219,306,000. Vanguard Group Inc increased its stake in Anthem by 2.9% during the 3rd quarter. Vanguard Group Inc now owns 18,729,474 shares of the company’s stock valued at $5,132,811,000 after buying an additional 532,579 shares during the period. Finally, Vanguard Group Inc. increased its stake in Anthem by 2.9% during the 3rd quarter. Vanguard Group Inc. now owns 18,729,474 shares of the company’s stock valued at $5,132,811,000 after buying an additional 532,579 shares during the period. 87.25% of the stock is currently owned by hedge funds and other institutional investors.
In other news, EVP Gloria M. Mccarthy sold 7,700 shares of Anthem stock in a transaction that occurred on Monday, February 4th. The shares were sold at an average price of $302.98, for a total value of $2,332,946.00. Following the transaction, the executive vice president now directly owns 46,456 shares of the company’s stock, valued at $14,075,238.88. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Julie A. Hill sold 500 shares of Anthem stock in a transaction that occurred on Thursday, January 31st. The stock was sold at an average price of $299.75, for a total transaction of $149,875.00. The disclosure for this sale can be found here. Over the last three months, insiders sold 18,900 shares of company stock worth $5,292,251. 0.31% of the stock is currently owned by insiders.
Several research firms have recently weighed in on ANTM. Stephens initiated coverage on shares of Anthem in a research report on Monday, January 14th. They set an “overweight” rating and a $310.00 price objective for the company. Barclays reaffirmed a “buy” rating and issued a $282.00 price objective on shares of Anthem in a research note on Sunday, January 6th. Evercore ISI raised shares of Anthem from an “in-line” rating to an “outperform” rating and set a $255.02 price objective on the stock in a research note on Thursday, January 3rd. Jefferies Financial Group lifted their price objective on shares of Anthem from $323.00 to $345.00 and gave the stock a “buy” rating in a research note on Monday, December 3rd. Finally, Credit Suisse Group reaffirmed an “outperform” rating and issued a $344.00 price objective (up previously from $330.00) on shares of Anthem in a research note on Thursday, January 31st. Two equities research analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $329.93.
Shares of ANTM opened at $307.68 on Friday. The company has a market capitalization of $81.42 billion, a PE ratio of 19.36, a price-to-earnings-growth ratio of 1.20 and a beta of 0.95. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.54 and a current ratio of 1.56. Anthem Inc has a 12-month low of $215.52 and a 12-month high of $317.99.
Anthem (NYSE:ANTM) last released its earnings results on Wednesday, January 30th. The company reported $2.44 earnings per share for the quarter, topping the consensus estimate of $2.20 by $0.24. The business had revenue of $23.30 billion for the quarter, compared to the consensus estimate of $23.27 billion. Anthem had a net margin of 4.07% and a return on equity of 14.82%. The firm’s quarterly revenue was up 3.8% compared to the same quarter last year. During the same period last year, the firm posted $1.29 earnings per share. As a group, research analysts forecast that Anthem Inc will post 19.13 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Friday, March 29th. Stockholders of record on Monday, March 18th will be given a $0.80 dividend. This is an increase from Anthem’s previous quarterly dividend of $0.75. This represents a $3.20 annualized dividend and a dividend yield of 1.04%. The ex-dividend date is Friday, March 15th. Anthem’s dividend payout ratio (DPR) is 18.88%.
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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