Traders sold shares of Anthem, Inc. (NYSE:ANTM) on strength during trading hours on Thursday. $171.42 million flowed into the stock on the tick-up and $443.76 million flowed out of the stock on the tick-down, for a money net flow of $272.34 million out of the stock. Of all equities tracked, Anthem had the 0th highest net out-flow for the day. Anthem traded up $7.65 for the day and closed at $234.96
Several analysts have weighed in on the company. Cantor Fitzgerald reaffirmed a “buy” rating and issued a $215.00 price target on shares of Anthem in a report on Wednesday, September 20th. BMO Capital Markets assumed coverage on Anthem in a report on Monday, October 16th. They issued a “market perform” rating on the stock. Jefferies Group reaffirmed a “hold” rating and issued a $204.00 price target on shares of Anthem in a report on Sunday, August 20th. Piper Jaffray Companies reaffirmed a “hold” rating and issued a $202.00 price target on shares of Anthem in a report on Wednesday, October 4th. Finally, BidaskClub cut Anthem from a “buy” rating to a “hold” rating in a report on Friday, September 15th. Eight research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. Anthem has an average rating of “Buy” and a consensus target price of $201.07.
The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.51 and a current ratio of 1.51. The firm has a market cap of $60,328.45, a PE ratio of 18.86, a P/E/G ratio of 1.84 and a beta of 0.78.
Anthem (NYSE:ANTM) last announced its quarterly earnings data on Wednesday, October 25th. The company reported $2.65 EPS for the quarter, beating the consensus estimate of $2.40 by $0.25. The firm had revenue of $22.10 billion for the quarter, compared to analyst estimates of $22.10 billion. Anthem had a return on equity of 12.97% and a net margin of 3.35%. The company’s revenue was up 4.6% on a year-over-year basis. During the same period in the prior year, the company earned $2.45 EPS. equities analysts forecast that Anthem, Inc. will post 11.97 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 21st. Stockholders of record on Tuesday, December 5th will be given a dividend of $0.70 per share. The ex-dividend date of this dividend is Monday, December 4th. This represents a $2.80 annualized dividend and a dividend yield of 1.21%. Anthem’s dividend payout ratio (DPR) is presently 25.32%.
In other news, insider Joseph Swedish sold 21,125 shares of the stock in a transaction dated Monday, October 2nd. The stock was sold at an average price of $190.63, for a total transaction of $4,027,058.75. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Julie A. Hill sold 1,602 shares of the stock in a transaction dated Tuesday, November 7th. The shares were sold at an average price of $215.70, for a total value of $345,551.40. Following the transaction, the director now owns 35,322 shares in the company, valued at $7,618,955.40. The disclosure for this sale can be found here. Insiders have sold a total of 44,830 shares of company stock worth $9,018,328 over the last quarter. Corporate insiders own 0.36% of the company’s stock.
A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. grew its position in Anthem by 2.8% during the 2nd quarter. Vanguard Group Inc. now owns 17,804,726 shares of the company’s stock worth $3,349,603,000 after acquiring an additional 479,046 shares during the last quarter. Orbis Allan Gray Ltd grew its position in Anthem by 4.3% during the 2nd quarter. Orbis Allan Gray Ltd now owns 4,252,021 shares of the company’s stock worth $799,933,000 after acquiring an additional 176,023 shares during the last quarter. Nordea Investment Management AB grew its position in Anthem by 8.7% during the 3rd quarter. Nordea Investment Management AB now owns 4,215,569 shares of the company’s stock worth $800,452,000 after acquiring an additional 339,111 shares during the last quarter. First Eagle Investment Management LLC grew its position in Anthem by 2.3% during the 3rd quarter. First Eagle Investment Management LLC now owns 3,103,892 shares of the company’s stock worth $589,367,000 after acquiring an additional 71,119 shares during the last quarter. Finally, Hotchkis & Wiley Capital Management LLC grew its position in Anthem by 0.5% during the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 2,393,810 shares of the company’s stock worth $454,537,000 after acquiring an additional 12,975 shares during the last quarter. Institutional investors and hedge funds own 87.27% of the company’s stock.
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Anthem Company Profile
Anthem, Inc is a health benefits company. The Company operates through three segments: Commercial and Specialty Business, Government Business and Other. It offers a spectrum of network-based managed care plans to large and small employer, individual, Medicaid and Medicare markets. Its managed care plans include preferred provider organizations; health maintenance organizations; point-of-service plans; indemnity plans and other hybrid plans, including consumer-driven health plans; and hospital only and limited benefit products.
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