Anthem, Inc. (NYSE:ANTM)’s share price reached a new 52-week high during trading on Thursday . The stock traded as high as $221.59 and last traded at $218.20, with a volume of 1190700 shares. The stock had previously closed at $218.45.

A number of brokerages recently issued reports on ANTM. Morgan Stanley increased their target price on shares of Anthem from $201.00 to $215.00 and gave the company an “equal weight” rating in a research report on Thursday, October 26th. Zacks Investment Research upgraded shares of Anthem from a “hold” rating to a “buy” rating and set a $212.00 target price for the company in a research report on Thursday, September 14th. BidaskClub upgraded shares of Anthem from a “hold” rating to a “buy” rating in a research report on Wednesday, September 6th. Cantor Fitzgerald reiterated a “buy” rating and issued a $220.00 target price on shares of Anthem in a research report on Wednesday, October 25th. Finally, Cowen and Company reiterated a “buy” rating and issued a $160.00 target price on shares of Anthem in a research report on Thursday, September 21st. Eight equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of $199.31.

The company has a quick ratio of 1.51, a current ratio of 1.51 and a debt-to-equity ratio of 0.53. The stock has a market capitalization of $56,720.00, a PE ratio of 17.53, a PEG ratio of 1.71 and a beta of 0.77.

Anthem (NYSE:ANTM) last posted its quarterly earnings results on Wednesday, October 25th. The company reported $2.65 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.40 by $0.25. The business had revenue of $22.10 billion during the quarter, compared to analyst estimates of $22.10 billion. Anthem had a net margin of 3.35% and a return on equity of 12.97%. The firm’s revenue was up 4.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.45 earnings per share. research analysts predict that Anthem, Inc. will post 11.97 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 21st. Stockholders of record on Tuesday, December 5th will be given a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a dividend yield of 1.27%. The ex-dividend date is Monday, December 4th. Anthem’s dividend payout ratio (DPR) is 25.32%.

In related news, Director Julie A. Hill sold 1,602 shares of the firm’s stock in a transaction that occurred on Tuesday, November 7th. The shares were sold at an average price of $215.70, for a total transaction of $345,551.40. Following the transaction, the director now owns 35,322 shares of the company’s stock, valued at $7,618,955.40. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, SVP Ronald W. Penczek sold 978 shares of the firm’s stock in a transaction that occurred on Tuesday, November 7th. The shares were sold at an average price of $217.42, for a total transaction of $212,636.76. Following the transaction, the senior vice president now directly owns 1,222 shares in the company, valued at approximately $265,687.24. The disclosure for this sale can be found here. Insiders sold 65,955 shares of company stock valued at $13,179,953 over the last three months. 0.36% of the stock is owned by insiders.

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. raised its position in Anthem by 2.8% during the second quarter. Vanguard Group Inc. now owns 17,804,726 shares of the company’s stock valued at $3,349,603,000 after acquiring an additional 479,046 shares in the last quarter. Orbis Allan Gray Ltd raised its position in Anthem by 4.3% during the second quarter. Orbis Allan Gray Ltd now owns 4,252,021 shares of the company’s stock valued at $799,933,000 after acquiring an additional 176,023 shares in the last quarter. Nordea Investment Management AB raised its position in Anthem by 8.7% during the third quarter. Nordea Investment Management AB now owns 4,215,569 shares of the company’s stock valued at $800,452,000 after acquiring an additional 339,111 shares in the last quarter. First Eagle Investment Management LLC raised its position in Anthem by 2.3% during the third quarter. First Eagle Investment Management LLC now owns 3,103,892 shares of the company’s stock valued at $589,367,000 after acquiring an additional 71,119 shares in the last quarter. Finally, Hotchkis & Wiley Capital Management LLC raised its position in Anthem by 0.5% during the third quarter. Hotchkis & Wiley Capital Management LLC now owns 2,393,810 shares of the company’s stock valued at $454,537,000 after acquiring an additional 12,975 shares in the last quarter. 88.91% of the stock is currently owned by hedge funds and other institutional investors.

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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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