Anthem, Inc. (NYSE:ANTM)’s share price hit a new 52-week high during trading on Tuesday . The company traded as high as $195.24 and last traded at $195.20, with a volume of 854,325 shares traded. The stock had previously closed at $192.97.

A number of equities analysts have recently commented on the company. Zacks Investment Research downgraded Anthem from a “buy” rating to a “hold” rating in a research report on Wednesday. Jefferies Group LLC reissued a “hold” rating and set a $204.00 price objective on shares of Anthem in a research report on Sunday. Morgan Stanley boosted their price objective on Anthem from $196.00 to $201.00 and gave the stock an “equal weight” rating in a research report on Thursday, August 17th. BidaskClub downgraded Anthem from a “buy” rating to a “hold” rating in a research report on Monday, July 31st. Finally, Cantor Fitzgerald reissued an “overweight” rating and set a $215.00 price objective (up from $210.00) on shares of Anthem in a research report on Wednesday, July 26th. Eleven analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. Anthem presently has a consensus rating of “Hold” and an average target price of $181.76.

The stock has a market capitalization of $51.26 billion, a P/E ratio of 18.46 and a beta of 0.73. The firm’s 50 day moving average price is $190.81 and its 200 day moving average price is $178.39.

Anthem (NYSE:ANTM) last posted its quarterly earnings results on Wednesday, July 26th. The company reported $3.37 EPS for the quarter, beating the consensus estimate of $3.23 by $0.14. The firm had revenue of $22.20 billion during the quarter, compared to analysts’ expectations of $22.25 billion. Anthem had a return on equity of 12.93% and a net margin of 3.24%. The company’s revenue for the quarter was up 4.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $3.33 EPS. On average, equities analysts expect that Anthem, Inc. will post $11.82 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Monday, September 25th. Shareholders of record on Friday, September 8th will be issued a $0.70 dividend. This is a boost from Anthem’s previous quarterly dividend of $0.65. The ex-dividend date is Thursday, September 7th. This represents a $2.80 annualized dividend and a yield of 1.43%. Anthem’s dividend payout ratio is 24.62%.

In other news, Director Ramiro G. Peru sold 2,681 shares of the company’s stock in a transaction that occurred on Tuesday, May 30th. The stock was sold at an average price of $181.58, for a total value of $486,815.98. Following the sale, the director now directly owns 13,571 shares in the company, valued at approximately $2,464,222.18. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Julie A. Hill sold 524 shares of the company’s stock in a transaction that occurred on Thursday, August 10th. The shares were sold at an average price of $190.80, for a total value of $99,979.20. Following the completion of the sale, the director now owns 36,924 shares in the company, valued at $7,045,099.20. The disclosure for this sale can be found here. In the last ninety days, insiders sold 13,199 shares of company stock valued at $2,494,862. Insiders own 0.36% of the company’s stock.

Several large investors have recently added to or reduced their stakes in ANTM. IFP Advisors Inc raised its stake in Anthem by 31.1% in the first quarter. IFP Advisors Inc now owns 7,002 shares of the company’s stock valued at $1,158,000 after buying an additional 1,660 shares in the last quarter. Braun Stacey Associates Inc. raised its stake in Anthem by 2.3% in the first quarter. Braun Stacey Associates Inc. now owns 108,731 shares of the company’s stock valued at $17,982,000 after buying an additional 2,459 shares in the last quarter. Financial Architects Inc raised its stake in Anthem by 90.4% in the first quarter. Financial Architects Inc now owns 1,285 shares of the company’s stock valued at $213,000 after buying an additional 610 shares in the last quarter. Russell Investments Group Ltd. raised its stake in Anthem by 1.2% in the first quarter. Russell Investments Group Ltd. now owns 1,206,941 shares of the company’s stock valued at $199,684,000 after buying an additional 14,076 shares in the last quarter. Finally, Gamble Jones Investment Counsel bought a new stake in Anthem during the first quarter valued at $206,000. Institutional investors own 89.48% of the company’s stock.

TRADEMARK VIOLATION WARNING: This article was originally published by Daily Political and is the sole property of of Daily Political. If you are reading this article on another website, it was stolen and republished in violation of United States & international copyright law. The legal version of this article can be read at https://www.dailypolitical.com/2017/08/23/anthem-inc-antm-sets-new-12-month-high-at-195-24.html.

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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.