Anthem Inc (NYSE:ANTM) EVP Thomas C. Zielinski sold 20,455 shares of the business’s stock in a transaction dated Tuesday, March 13th. The stock was sold at an average price of $229.23, for a total value of $4,688,899.65. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
Shares of ANTM traded down $5.95 during mid-day trading on Friday, reaching $224.78. The company’s stock had a trading volume of 1,786,025 shares, compared to its average volume of 1,491,577. Anthem Inc has a 12-month low of $164.65 and a 12-month high of $267.95. The company has a market cap of $57,481.19, a P/E ratio of 18.67, a PEG ratio of 1.29 and a beta of 0.90. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.55 and a current ratio of 1.55.
Anthem (NYSE:ANTM) last posted its quarterly earnings data on Wednesday, January 31st. The company reported $1.29 earnings per share for the quarter, topping analysts’ consensus estimates of $1.25 by $0.04. The company had revenue of $22.45 billion during the quarter, compared to analysts’ expectations of $22.17 billion. Anthem had a return on equity of 12.29% and a net margin of 4.27%. The firm’s revenue for the quarter was up 4.5% on a year-over-year basis. During the same period last year, the firm earned $1.76 EPS. analysts predict that Anthem Inc will post 15.1 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Friday, March 23rd. Stockholders of record on Friday, March 9th were issued a $0.75 dividend. This is a boost from Anthem’s previous quarterly dividend of $0.70. This represents a $3.00 annualized dividend and a dividend yield of 1.33%. The ex-dividend date was Thursday, March 8th. Anthem’s dividend payout ratio (DPR) is currently 24.92%.
ANTM has been the subject of a number of research reports. ValuEngine raised Anthem from a “hold” rating to a “buy” rating in a report on Sunday, December 31st. Zacks Investment Research downgraded Anthem from a “buy” rating to a “hold” rating in a report on Tuesday, January 2nd. Piper Jaffray raised Anthem from a “neutral” rating to an “overweight” rating and set a $151.00 price target for the company in a report on Wednesday, January 3rd. Goldman Sachs assumed coverage on Anthem in a research report on Wednesday, January 3rd. They issued a “neutral” rating and a $243.00 price objective for the company. Finally, Royal Bank of Canada restated a “buy” rating on shares of Anthem in a research report on Thursday, January 4th. Five investment analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus target price of $236.20.
Hedge funds have recently modified their holdings of the stock. Calton & Associates Inc. purchased a new position in Anthem during the fourth quarter worth $100,000. First Interstate Bank grew its position in shares of Anthem by 1,910.7% in the third quarter. First Interstate Bank now owns 563 shares of the company’s stock valued at $107,000 after purchasing an additional 535 shares during the period. Icon Wealth Partners LLC purchased a new stake in shares of Anthem in the fourth quarter valued at $126,000. Wealthcare Advisory Partners LLC purchased a new stake in shares of Anthem in the third quarter valued at $154,000. Finally, Bartlett & Co. LLC grew its position in shares of Anthem by 50.5% in the fourth quarter. Bartlett & Co. LLC now owns 787 shares of the company’s stock valued at $177,000 after purchasing an additional 264 shares during the period. 88.28% of the stock is owned by hedge funds and other institutional investors.
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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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