Optima Fund Management LLC lessened its holdings in shares of Anthem Inc (NYSE:ANTM) by 3.5% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,529 shares of the company’s stock after selling 162 shares during the quarter. Optima Fund Management LLC’s holdings in Anthem were worth $1,300,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors have also made changes to their positions in the stock. Oregon Public Employees Retirement Fund raised its holdings in shares of Anthem by 24,845.3% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 27,122,063 shares of the company’s stock valued at $103,000 after acquiring an additional 27,013,337 shares in the last quarter. Vanguard Group Inc raised its holdings in Anthem by 2.9% in the third quarter. Vanguard Group Inc now owns 18,729,474 shares of the company’s stock worth $5,132,811,000 after purchasing an additional 532,579 shares in the last quarter. Geode Capital Management LLC raised its holdings in Anthem by 8.8% in the fourth quarter. Geode Capital Management LLC now owns 3,387,625 shares of the company’s stock worth $888,145,000 after purchasing an additional 273,738 shares in the last quarter. Northern Trust Corp raised its holdings in Anthem by 1.9% in the first quarter. Northern Trust Corp now owns 3,122,110 shares of the company’s stock worth $895,982,000 after purchasing an additional 57,447 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in Anthem by 0.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,955,527 shares of the company’s stock worth $776,161,000 after purchasing an additional 13,088 shares in the last quarter. Institutional investors own 87.14% of the company’s stock.
Shares of NYSE:ANTM traded down $1.38 on Friday, hitting $283.72. 23,502 shares of the company traded hands, compared to its average volume of 1,477,274. Anthem Inc has a 52 week low of $227.16 and a 52 week high of $317.99. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.61 and a quick ratio of 1.61. The company has a market capitalization of $72.30 billion, a PE ratio of 17.90, a PEG ratio of 0.99 and a beta of 0.74.
Anthem (NYSE:ANTM) last issued its quarterly earnings results on Wednesday, April 24th. The company reported $6.03 earnings per share for the quarter, beating the consensus estimate of $5.86 by $0.17. Anthem had a return on equity of 14.99% and a net margin of 4.23%. The firm had revenue of $24.39 billion during the quarter, compared to the consensus estimate of $24.31 billion. During the same period last year, the company earned $5.41 earnings per share. The company’s revenue was up 9.2% on a year-over-year basis. On average, sell-side analysts anticipate that Anthem Inc will post 19.29 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 25th. Stockholders of record on Monday, June 10th will be issued a dividend of $0.80 per share. The ex-dividend date of this dividend is Friday, June 7th. This represents a $3.20 annualized dividend and a dividend yield of 1.13%. Anthem’s payout ratio is presently 20.14%.
In other news, SVP Ronald W. Penczek sold 763 shares of the firm’s stock in a transaction on Thursday, May 30th. The stock was sold at an average price of $279.00, for a total transaction of $212,877.00. Following the completion of the transaction, the senior vice president now directly owns 2,295 shares in the company, valued at $640,305. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Ramiro G. Peru sold 1,656 shares of the firm’s stock in a transaction on Tuesday, May 21st. The shares were sold at an average price of $275.00, for a total value of $455,400.00. Following the transaction, the director now owns 11,173 shares of the company’s stock, valued at $3,072,575. The disclosure for this sale can be found here. Insiders have sold 11,245 shares of company stock valued at $3,174,155 over the last 90 days. Corporate insiders own 0.17% of the company’s stock.
A number of equities analysts have issued reports on the company. Barclays set a $338.00 price objective on Anthem and gave the stock a “buy” rating in a report on Friday, March 8th. Zacks Investment Research upgraded Anthem from a “hold” rating to a “buy” rating and set a $293.00 price objective for the company in a report on Thursday, May 16th. SunTrust Banks decreased their price objective on Anthem to $300.00 and set a “hold” rating for the company in a report on Thursday, April 25th. Cantor Fitzgerald reiterated a “buy” rating and issued a $360.00 price objective on shares of Anthem in a report on Sunday, April 21st. Finally, UBS Group assumed coverage on Anthem in a report on Tuesday, April 23rd. They issued a “buy” rating and a $294.00 price objective for the company. Two investment analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of $324.87.
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.
Featured Article: Preferred Stock
Want to see what other hedge funds are holding ANTM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Anthem Inc (NYSE:ANTM).
Receive News & Ratings for Anthem Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Anthem and related companies with MarketBeat.com's FREE daily email newsletter.