Mariner Wealth Advisors LLC Purchases New Holdings in Anthem Inc (ANTM)

Mariner Wealth Advisors LLC purchased a new position in shares of Anthem Inc (NYSE:ANTM) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 1,272 shares of the company’s stock, valued at approximately $286,000.

Several other institutional investors have also bought and sold shares of the business. FineMark National Bank & Trust raised its position in shares of Anthem by 8.3% during the fourth quarter. FineMark National Bank & Trust now owns 2,933 shares of the company’s stock worth $660,000 after purchasing an additional 225 shares during the period. Dowling & Yahnke LLC raised its position in shares of Anthem by 3.3% during the fourth quarter. Dowling & Yahnke LLC now owns 7,445 shares of the company’s stock worth $1,675,000 after purchasing an additional 241 shares during the period. Commerce Bank raised its position in shares of Anthem by 2.0% during the third quarter. Commerce Bank now owns 12,330 shares of the company’s stock worth $2,341,000 after purchasing an additional 242 shares during the period. Global X Management Co. LLC raised its position in shares of Anthem by 3.8% during the fourth quarter. Global X Management Co. LLC now owns 7,181 shares of the company’s stock worth $1,616,000 after purchasing an additional 263 shares during the period. Finally, Bartlett & Co. LLC raised its position in shares of Anthem by 50.5% during the fourth quarter. Bartlett & Co. LLC now owns 787 shares of the company’s stock worth $177,000 after purchasing an additional 264 shares during the period. Hedge funds and other institutional investors own 85.30% of the company’s stock.

In other news, Chairman Joseph Swedish sold 21,125 shares of the firm’s stock in a transaction on Friday, December 1st. The stock was sold at an average price of $231.43, for a total transaction of $4,888,958.75. Following the completion of the sale, the chairman now directly owns 87,668 shares of the company’s stock, valued at approximately $20,289,005.24. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, EVP Gloria M. Mccarthy sold 14,429 shares of the firm’s stock in a transaction on Thursday, January 4th. The shares were sold at an average price of $229.68, for a total value of $3,314,052.72. Following the sale, the executive vice president now directly owns 30,667 shares of the company’s stock, valued at $7,043,596.56. The disclosure for this sale can be found here. Insiders sold a total of 167,457 shares of company stock valued at $39,862,398 over the last three months. 0.36% of the stock is currently owned by insiders.

A number of brokerages have recently weighed in on ANTM. ValuEngine raised Anthem from a “hold” rating to a “buy” rating in a research report on Friday, February 2nd. Credit Suisse Group reaffirmed an “outperform” rating and set a $280.00 target price (up from $255.00) on shares of Anthem in a research report on Thursday, February 1st. Morgan Stanley upped their target price on Anthem from $247.00 to $266.00 and gave the stock an “equal weight” rating in a research report on Thursday, February 1st. Wells Fargo & Co upped their target price on Anthem from $260.00 to $275.00 and gave the stock an “outperform” rating in a research report on Thursday, February 1st. Finally, Cowen reaffirmed a “buy” rating and set a $280.00 target price on shares of Anthem in a research report on Wednesday, January 31st. Four analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the stock. Anthem currently has a consensus rating of “Buy” and a consensus price target of $230.80.

Shares of Anthem Inc (NYSE ANTM) opened at $235.24 on Friday. The company has a market capitalization of $60,400.00, a price-to-earnings ratio of 23.15, a P/E/G ratio of 1.35 and a beta of 0.83. Anthem Inc has a 12-month low of $158.66 and a 12-month high of $267.95. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.55 and a quick ratio of 1.51.

Anthem (NYSE:ANTM) last released its quarterly earnings results on Wednesday, January 31st. The company reported $1.29 EPS for the quarter, beating analysts’ consensus estimates of $1.25 by $0.04. The business had revenue of $22.45 billion during the quarter, compared to analyst estimates of $22.17 billion. Anthem had a return on equity of 12.29% and a net margin of 4.27%. Anthem’s quarterly revenue was up 4.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.76 EPS. equities analysts anticipate that Anthem Inc will post 15.09 earnings per share for the current fiscal year.

Anthem announced that its Board of Directors has initiated a stock repurchase plan on Thursday, December 7th that allows the company to buyback $5.00 billion in shares. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Shares buyback plans are often an indication that the company’s board of directors believes its stock is undervalued.

The business also recently declared a quarterly dividend, which will be paid on Friday, March 23rd. Investors of record on Friday, March 9th will be given a $0.75 dividend. This is a positive change from Anthem’s previous quarterly dividend of $0.70. This represents a $3.00 dividend on an annualized basis and a yield of 1.28%. The ex-dividend date of this dividend is Thursday, March 8th. Anthem’s dividend payout ratio is presently 27.56%.

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Anthem 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.

Institutional Ownership by Quarter for Anthem (NYSE:ANTM)

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