Healthcare of Ontario Pension Plan Trust Fund grew its holdings in Anthem, Inc. (NYSE:ANTM) by 0.7% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 50,518 shares of the company’s stock after acquiring an additional 329 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund’s holdings in Anthem were worth $18,833,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds have also recently modified their holdings of ANTM. Destiny Wealth Partners LLC acquired a new position in Anthem during the third quarter worth $26,000. Canton Hathaway LLC acquired a new stake in shares of Anthem in the third quarter valued at $28,000. Castleview Partners LLC acquired a new stake in shares of Anthem in the second quarter valued at $30,000. Itau Unibanco Holding S.A. acquired a new stake in shares of Anthem in the second quarter valued at $32,000. Finally, JJJ Advisors Inc. increased its stake in shares of Anthem by 111.1% in the third quarter. JJJ Advisors Inc. now owns 95 shares of the company’s stock valued at $35,000 after buying an additional 50 shares in the last quarter. 87.91% of the stock is owned by hedge funds and other institutional investors.
Shares of NYSE:ANTM opened at $452.14 on Friday. The business’s 50 day simple moving average is $435.37 and its two-hundred day simple moving average is $403.86. The firm has a market cap of $109.74 billion, a P/E ratio of 20.29, a PEG ratio of 1.17 and a beta of 1.06. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.48 and a current ratio of 1.48. Anthem, Inc. has a 52-week low of $286.04 and a 52-week high of $470.02.
The business also recently announced a quarterly dividend, which was paid on Tuesday, December 21st. Stockholders of record on Friday, December 3rd were issued a $1.13 dividend. The ex-dividend date of this dividend was Thursday, December 2nd. This represents a $4.52 dividend on an annualized basis and a dividend yield of 1.00%. Anthem’s dividend payout ratio is presently 20.29%.
Several equities analysts recently issued reports on the company. Sanford C. Bernstein raised their price target on Anthem from $559.00 to $574.00 in a report on Tuesday. SVB Leerink raised their target price on Anthem from $403.00 to $430.00 and gave the stock a “market perform” rating in a report on Thursday, October 21st. Truist lifted their price objective on Anthem from $490.00 to $540.00 and gave the company a “buy” rating in a report on Wednesday, January 5th. Credit Suisse Group lifted their price objective on Anthem from $425.00 to $486.00 and gave the company an “outperform” rating in a report on Thursday, October 21st. Finally, Mizuho raised Anthem from a “neutral” rating to a “buy” rating and lifted their target price for the company from $450.00 to $510.00 in a research report on Monday, December 20th. Two analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $485.29.
In other news, CAO Ronald W. Penczek sold 1,150 shares of the firm’s stock in a transaction that occurred on Thursday, October 28th. The stock was sold at an average price of $436.00, for a total value of $501,400.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. 0.28% of the stock is owned by company insiders.
Anthem, Inc provides life, hospital and medical insurance plans. It offers a broad spectrum of network-based managed care health benefit plans to the large and small employer, individual, Medicaid, and Medicare markets. The company operates through the following segments: Commercial & Specialty Business, Government Business, IngenioRx and Other.
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