First Bank & Trust decreased its holdings in Anthem Inc (NYSE:ANTM) by 13.0% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 314 shares of the company’s stock after selling 47 shares during the period. First Bank & Trust’s holdings in Anthem were worth $90,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds have also added to or reduced their stakes in the company. Prime Capital Investment Advisors LLC acquired a new position in Anthem in the fourth quarter valued at approximately $28,000. Laurel Wealth Advisors LLC acquired a new stake in shares of Anthem in the 4th quarter valued at approximately $36,000. Athena Capital Advisors LLC acquired a new stake in shares of Anthem in the 4th quarter valued at approximately $39,000. Semmax Financial Advisors Inc. acquired a new stake in shares of Anthem in the 4th quarter valued at approximately $42,000. Finally, Financial Gravity Companies Inc. acquired a new stake in shares of Anthem in the 4th quarter valued at approximately $49,000. Institutional investors and hedge funds own 89.09% of the company’s stock.
Several analysts have recently commented on ANTM shares. SunTrust Banks raised their price target on Anthem to $340.00 in a report on Thursday, January 31st. ValuEngine raised Anthem from a “hold” rating to a “buy” rating in a report on Wednesday, January 30th. Argus assumed coverage on Anthem in a report on Thursday, January 24th. They issued a “buy” rating and a $333.00 price target 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. Finally, Zacks Investment Research raised Anthem from a “hold” rating to a “buy” rating and set a $333.00 price objective for the company in a research note on Friday, February 1st. Three analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. Anthem has a consensus rating of “Buy” and a consensus price target of $332.07.
NYSE ANTM opened at $245.13 on Wednesday. Anthem Inc has a 1-year low of $219.96 and a 1-year high of $317.99. The company has a market capitalization of $67.63 billion, a P/E ratio of 15.43, a PEG ratio of 0.93 and a beta of 0.92. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 0.60.
Anthem (NYSE:ANTM) last released its quarterly 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 company had revenue of $23.30 billion during the quarter, compared to the consensus estimate of $23.27 billion. Anthem had a return on equity of 14.82% and a net margin of 4.07%. Anthem’s revenue was up 3.8% compared to the same quarter last year. During the same quarter last year, the business posted $1.29 earnings per share. On average, equities research analysts expect that Anthem Inc will post 19.17 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Monday, March 18th were given a dividend of $0.80 per share. This is an increase from Anthem’s previous quarterly dividend of $0.75. The ex-dividend date of this dividend was Friday, March 15th. This represents a $3.20 annualized dividend and a yield of 1.31%. Anthem’s dividend payout ratio (DPR) is presently 20.14%.
In other Anthem news, Director Julie A. Hill sold 500 shares of the firm’s stock in a transaction on Thursday, January 31st. The stock was sold at an average price of $299.75, for a total transaction of $149,875.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Gloria M. Mccarthy sold 7,701 shares of the firm’s stock in a transaction on Monday, March 4th. The stock was sold at an average price of $303.73, for a total value of $2,339,024.73. The disclosure for this sale can be found here. Insiders have sold 23,601 shares of company stock valued at $6,862,346 in the last three months. 0.17% of the stock is currently owned by company insiders.
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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