Gamble Jones Investment Counsel decreased its holdings in shares of Anthem Inc (NYSE:ANTM) by 17.9% during the first quarter, HoldingsChannel.com reports. The firm owned 1,022 shares of the company’s stock after selling 223 shares during the period. Gamble Jones Investment Counsel’s holdings in Anthem were worth $225,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. FineMark National Bank & Trust boosted its holdings in shares of Anthem by 8.3% in the 4th quarter. FineMark National Bank & Trust now owns 2,933 shares of the company’s stock valued at $660,000 after buying an additional 225 shares in the last quarter. Ladenburg Thalmann Financial Services Inc. boosted its holdings in shares of Anthem by 2.8% in the 4th quarter. Ladenburg Thalmann Financial Services Inc. now owns 8,451 shares of the company’s stock valued at $1,903,000 after buying an additional 232 shares in the last quarter. Dowling & Yahnke LLC boosted its holdings in shares of Anthem by 3.3% in the 4th quarter. Dowling & Yahnke LLC now owns 7,445 shares of the company’s stock valued at $1,675,000 after buying an additional 241 shares in the last quarter. Reliance Trust Co. of Delaware boosted its holdings in shares of Anthem by 4.7% in the 4th quarter. Reliance Trust Co. of Delaware now owns 5,678 shares of the company’s stock valued at $1,278,000 after buying an additional 255 shares in the last quarter. Finally, Global X Management Co. LLC boosted its holdings in shares of Anthem by 3.8% in the 4th quarter. Global X Management Co. LLC now owns 7,181 shares of the company’s stock valued at $1,616,000 after buying an additional 263 shares in the last quarter. 87.71% of the stock is currently owned by institutional investors and hedge funds.

Shares of Anthem opened at $232.39 on Friday, according to MarketBeat.com. The company has a quick ratio of 1.49, a current ratio of 1.49 and a debt-to-equity ratio of 0.67. Anthem Inc has a 12 month low of $179.40 and a 12 month high of $267.95. The company has a market cap of $58.85 billion, a price-to-earnings ratio of 19.30, a price-to-earnings-growth ratio of 1.28 and a beta of 0.87.

Anthem (NYSE:ANTM) last announced its quarterly earnings data on Wednesday, April 25th. The company reported $5.41 EPS for the quarter, beating the 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 business 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 business posted $4.68 EPS. The business’s quarterly revenue was up .1% compared to the same quarter last year. equities research analysts forecast that Anthem Inc will post 15.38 earnings per share for the current year.

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

In other Anthem news, Director Robert L. Dixon, Jr. sold 1,000 shares of Anthem stock in a transaction that occurred on Friday, May 18th. The shares were sold at an average price of $231.10, for a total transaction of $231,100.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Brian T. Griffin sold 59,421 shares of Anthem stock in a transaction that occurred 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 sale, the chief executive officer now owns 25,619 shares of the company’s stock, valued at $5,749,159.79. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 135,264 shares of company stock valued at $30,794,160. Company insiders own 0.31% of the company’s stock.

ANTM has been the topic of a number of recent analyst reports. Credit Suisse Group restated an “outperform” rating and issued a $280.00 price target (up from $255.00) on shares of Anthem in a report on Thursday, February 1st. Cantor Fitzgerald restated a “buy” rating and issued a $275.00 price target on shares of Anthem in a report on Wednesday, April 25th. Morgan Stanley raised their price target on shares of Anthem from $266.00 to $269.00 and gave the company an “equal weight” rating in a report 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. Finally, Cowen reiterated a “buy” rating and issued a $280.00 target price on shares of Anthem in a research note on Wednesday, January 31st. Five equities research analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of $249.00.

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.

Want to see what other hedge funds are holding ANTM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Anthem Inc (NYSE:ANTM).

Institutional Ownership by Quarter for Anthem (NYSE:ANTM)

Receive News & Ratings for Anthem Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Anthem and related companies with MarketBeat.com's FREE daily email newsletter.