Anthem, Inc. (NYSE:ANTM) EVP Sells $1,745,538.75 in Stock
Anthem, Inc. (NYSE:ANTM) EVP Thomas C. Zielinski sold 9,127 shares of the company’s stock in a transaction that occurred on Thursday, August 10th. The shares were sold at an average price of $191.25, for a total value of $1,745,538.75. Following the sale, the executive vice president now directly owns 26,571 shares in the company, valued at $5,081,703.75. The transaction was disclosed in a filing with the SEC, which is available at this link.
Shares of Anthem, Inc. (ANTM) traded down 0.15% on Friday, reaching $189.43. The company had a trading volume of 1,212,413 shares. The firm has a market cap of $49.74 billion, a P/E ratio of 17.91 and a beta of 0.73. Anthem, Inc. has a one year low of $114.85 and a one year high of $194.94. The company has a 50-day moving average price of $189.94 and a 200-day moving average price of $175.77.
Anthem (NYSE:ANTM) last announced its quarterly earnings data on Wednesday, July 26th. The company reported $3.37 EPS for the quarter, topping analysts’ consensus estimates of $3.23 by $0.14. Anthem had a return on equity of 12.93% and a net margin of 3.24%. The business had revenue of $22.20 billion during the quarter, compared to analysts’ expectations of $22.25 billion. During the same period in the previous year, the firm earned $3.33 earnings per share. The firm’s quarterly revenue was up 4.3% compared to the same quarter last year. On average, analysts expect that Anthem, Inc. will post $11.82 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 25th. Investors of record on Friday, September 8th will be paid a dividend of $0.70 per share. The ex-dividend date is Thursday, September 7th. This is a boost from Anthem’s previous quarterly dividend of $0.65. This represents a $2.80 dividend on an annualized basis and a dividend yield of 1.48%. Anthem’s payout ratio is 24.62%.
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Several large investors have recently made changes to their positions in ANTM. BlackRock Inc. boosted its position in Anthem by 2,873.5% in the first quarter. BlackRock Inc. now owns 22,676,945 shares of the company’s stock worth $3,750,316,000 after buying an additional 21,914,321 shares during the last quarter. Vanguard Group Inc. boosted its position in Anthem by 2.8% in the second quarter. Vanguard Group Inc. now owns 17,804,726 shares of the company’s stock worth $3,349,603,000 after buying an additional 479,046 shares during the last quarter. FMR LLC boosted its position in Anthem by 8.2% in the first quarter. FMR LLC now owns 12,335,115 shares of the company’s stock worth $2,039,982,000 after buying an additional 934,509 shares during the last quarter. State Street Corp boosted its position in Anthem by 3.0% in the first quarter. State Street Corp now owns 11,362,446 shares of the company’s stock worth $1,879,127,000 after buying an additional 328,727 shares during the last quarter. Finally, Wellington Management Group LLP boosted its position in Anthem by 53.5% in the first quarter. Wellington Management Group LLP now owns 4,443,160 shares of the company’s stock worth $734,810,000 after buying an additional 1,548,077 shares during the last quarter. 89.81% of the stock is owned by institutional investors and hedge funds.
Several research firms recently issued reports on ANTM. Deutsche Bank AG upped their price target on Anthem from $173.00 to $185.00 and gave the company a “hold” rating in a research report on Thursday, July 13th. Cantor Fitzgerald reissued a “buy” rating and set a $136.00 price target on shares of Anthem in a research report on Thursday, May 11th. Jefferies Group LLC reissued a “hold” rating and set a $204.00 price target on shares of Anthem in a research report on Friday, July 14th. BidaskClub lowered Anthem from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, July 19th. Finally, Bank of America Corporation upped their price target on Anthem from $224.00 to $228.00 and gave the company a “buy” rating in a research report on Friday, July 14th. Twelve analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $180.00.
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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