Seizert Capital Partners LLC Trims Stake in Anthem Inc (ANTM)

Seizert Capital Partners LLC trimmed its holdings in shares of Anthem Inc (NYSE:ANTM) by 8.7% in the first quarter, HoldingsChannel reports. The firm owned 92,408 shares of the company’s stock after selling 8,855 shares during the period. Seizert Capital Partners LLC’s holdings in Anthem were worth $20,302,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of ANTM. Viking Global Investors LP increased its stake in shares of Anthem by 190.5% during the 4th quarter. Viking Global Investors LP now owns 2,537,576 shares of the company’s stock worth $570,980,000 after purchasing an additional 1,664,112 shares in the last quarter. Allianz Asset Management GmbH increased its stake in shares of Anthem by 66.0% during the 4th quarter. Allianz Asset Management GmbH now owns 1,603,619 shares of the company’s stock worth $360,830,000 after purchasing an additional 637,439 shares in the last quarter. Farallon Capital Management LLC increased its stake in shares of Anthem by 291.9% during the 4th quarter. Farallon Capital Management LLC now owns 823,000 shares of the company’s stock worth $185,183,000 after purchasing an additional 613,000 shares in the last quarter. BlackRock Inc. increased its stake in shares of Anthem by 2.7% during the 1st quarter. BlackRock Inc. now owns 22,596,529 shares of the company’s stock worth $4,964,457,000 after purchasing an additional 596,099 shares in the last quarter. Finally, Vulcan Value Partners LLC increased its stake in shares of Anthem by 52.1% during the 4th quarter. Vulcan Value Partners LLC now owns 1,327,283 shares of the company’s stock worth $298,652,000 after purchasing an additional 454,892 shares in the last quarter. 87.71% of the stock is owned by institutional investors and hedge funds.

Shares of Anthem opened at $232.06 on Thursday, according to Marketbeat. Anthem Inc has a 52-week low of $177.21 and a 52-week high of $267.95. The firm has a market cap of $59.70 billion, a PE ratio of 19.27, a P/E/G ratio of 1.30 and a beta of 0.87. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.49 and a quick ratio of 1.49.

Anthem (NYSE:ANTM) last announced its quarterly earnings data on Wednesday, April 25th. The company reported $5.41 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $4.83 by $0.58. Anthem had a net margin of 4.60% and a return on equity of 12.77%. The company had revenue of $22.34 billion during the quarter, compared to analysts’ expectations of $22.55 billion. During the same period in the previous year, the company earned $4.68 EPS. The business’s quarterly revenue was up .1% compared to the same quarter last year. sell-side analysts expect that Anthem Inc will post 15.38 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 25th. Stockholders of record on Friday, June 8th will be paid a dividend of $0.75 per share. The ex-dividend date of this dividend is Thursday, June 7th. This represents a $3.00 annualized dividend and a dividend yield of 1.29%. Anthem’s dividend payout ratio is presently 24.92%.

Several research firms have commented on ANTM. Credit Suisse Group lifted their target price on shares of Anthem from $280.00 to $284.00 and gave the stock an “outperform” rating in a research note on Thursday, April 26th. Morgan Stanley lifted their target price on shares of Anthem from $266.00 to $269.00 and gave the stock an “equal weight” rating in a research note on Thursday, April 26th. Sanford C. Bernstein set a $332.00 target price on shares of Anthem and gave the stock an “outperform” rating in a research note on Thursday, April 26th. JPMorgan Chase & Co. raised shares of Anthem from a “neutral” rating to an “overweight” rating in a research note on Thursday, April 26th. Finally, Cantor Fitzgerald reaffirmed a “buy” rating and issued a $275.00 target price on shares of Anthem in a research note on Wednesday, April 25th. Five equities research analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the stock. Anthem currently has an average rating of “Buy” and an average target price of $249.00.

In related news, CEO Brian T. Griffin sold 59,421 shares of Anthem stock in a transaction on Thursday, May 3rd. The shares were sold at an average price of $224.41, for a total transaction of $13,334,666.61. Following the transaction, the chief executive officer now owns 25,619 shares in the company, valued at approximately $5,749,159.79. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Robert L. Dixon, Jr. sold 1,000 shares of Anthem stock in a transaction on Friday, May 18th. The shares were sold at an average price of $231.10, for a total transaction of $231,100.00. The disclosure for this sale can be found here. Insiders have sold a total of 135,264 shares of company stock valued at $30,794,160 over the last three months. Corporate insiders own 0.31% of the company’s stock.

About Anthem

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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Institutional Ownership by Quarter for Anthem (NYSE:ANTM)

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