River Wealth Advisors LLC raised its holdings in shares of Anthem Inc (NYSE:ANTM) by 5.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 16,439 shares of the company’s stock after buying an additional 805 shares during the quarter. Anthem comprises about 1.7% of River Wealth Advisors LLC’s holdings, making the stock its 9th largest position. River Wealth Advisors LLC’s holdings in Anthem were worth $4,505,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of ANTM. American National Registered Investment Advisor Inc. lifted its stake in shares of Anthem by 3.9% in the 3rd quarter. American National Registered Investment Advisor Inc. now owns 4,712 shares of the company’s stock valued at $1,291,000 after acquiring an additional 175 shares during the last quarter. Oppenheimer Asset Management Inc. lifted its stake in shares of Anthem by 6.6% in the 3rd quarter. Oppenheimer Asset Management Inc. now owns 3,209 shares of the company’s stock valued at $878,000 after acquiring an additional 199 shares during the last quarter. Louisiana State Employees Retirement System lifted its stake in shares of Anthem by 1.3% in the 3rd quarter. Louisiana State Employees Retirement System now owns 15,200 shares of the company’s stock valued at $4,166,000 after acquiring an additional 200 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in shares of Anthem by 4.5% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 4,672 shares of the company’s stock valued at $1,162,000 after acquiring an additional 203 shares during the last quarter. Finally, Whittier Trust Co. of Nevada Inc. lifted its stake in shares of Anthem by 1.4% in the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 14,472 shares of the company’s stock valued at $3,965,000 after acquiring an additional 204 shares during the last quarter. Institutional investors and hedge funds own 87.59% of the company’s stock.

In other Anthem news, EVP Thomas C. Zielinski sold 7,826 shares of the company’s stock in a transaction that occurred on Wednesday, November 7th. The stock was sold at an average price of $289.71, for a total transaction of $2,267,270.46. Following the transaction, the executive vice president now owns 29,466 shares in the company, valued at approximately $8,536,594.86. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Peter D. Haytaian sold 4,500 shares of the company’s stock in a transaction that occurred on Thursday, September 27th. The stock was sold at an average price of $270.00, for a total value of $1,215,000.00. Following the transaction, the executive vice president now owns 51,206 shares in the company, valued at approximately $13,825,620. The disclosure for this sale can be found here. Insiders have sold a total of 23,525 shares of company stock worth $6,488,523 in the last quarter. Company insiders own 0.31% of the company’s stock.

Shares of NYSE:ANTM opened at $281.79 on Tuesday. Anthem Inc has a 1 year low of $215.52 and a 1 year high of $290.84. The stock has a market cap of $74.06 billion, a P/E ratio of 23.40, a price-to-earnings-growth ratio of 1.47 and a beta of 0.86. The company has a current ratio of 1.53, a quick ratio of 1.54 and a debt-to-equity ratio of 0.59.

Anthem (NYSE:ANTM) last announced its quarterly earnings results on Wednesday, October 31st. The company reported $3.81 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.70 by $0.11. Anthem had a return on equity of 13.99% and a net margin of 4.98%. The company had revenue of $22.98 billion for the quarter, compared to the consensus estimate of $22.85 billion. During the same quarter in the previous year, the business earned $2.65 EPS. Anthem’s revenue was up 4.0% compared to the same quarter last year. On average, analysts expect that Anthem Inc will post 15.66 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, December 21st. Shareholders of record on Wednesday, December 5th will be issued a dividend of $0.75 per share. The ex-dividend date is Tuesday, December 4th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 1.06%. Anthem’s dividend payout ratio (DPR) is 24.92%.

A number of equities research analysts have recently weighed in on the company. Citigroup boosted their target price on Anthem from $290.00 to $292.00 and gave the company a “neutral” rating in a research note on Tuesday, November 6th. Royal Bank of Canada boosted their target price on Anthem to $318.00 and gave the company an “outperform” rating in a research note on Thursday, November 1st. SunTrust Banks boosted their target price on Anthem to $315.00 and gave the company a “hold” rating in a research note on Thursday, November 1st. Morgan Stanley boosted their target price on Anthem from $368.00 to $372.00 and gave the company an “overweight” rating in a research note on Thursday, November 1st. Finally, Credit Suisse Group boosted their price target on Anthem from $311.00 to $330.00 and gave the company an “outperform” rating in a report on Thursday, November 1st. Four analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company’s stock. Anthem has an average rating of “Buy” and a consensus price target of $294.73.

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Anthem Profile

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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