Taylor Hoffman Wealth Management Boosts Stake in Anthem Inc (NYSE:ANTM)

Taylor Hoffman Wealth Management raised its position in Anthem Inc (NYSE:ANTM) by 57.4% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,920 shares of the company’s stock after buying an additional 700 shares during the period. Taylor Hoffman Wealth Management’s holdings in Anthem were worth $461,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Triodos Investment Management BV raised its position in shares of Anthem by 9.5% during the 3rd quarter. Triodos Investment Management BV now owns 101,590 shares of the company’s stock valued at $24,392,000 after buying an additional 8,840 shares in the last quarter. Sector Gamma AS boosted its stake in shares of Anthem by 2.1% during the 3rd quarter. Sector Gamma AS now owns 74,607 shares of the company’s stock valued at $17,913,000 after purchasing an additional 1,500 shares in the last quarter. SG Americas Securities LLC boosted its stake in shares of Anthem by 80.4% during the 3rd quarter. SG Americas Securities LLC now owns 47,691 shares of the company’s stock valued at $11,451,000 after purchasing an additional 21,261 shares in the last quarter. First Trust Advisors LP boosted its stake in shares of Anthem by 55.4% during the 3rd quarter. First Trust Advisors LP now owns 120,305 shares of the company’s stock valued at $28,885,000 after purchasing an additional 42,875 shares in the last quarter. Finally, Unigestion Holding SA boosted its stake in shares of Anthem by 36.0% during the 3rd quarter. Unigestion Holding SA now owns 133,436 shares of the company’s stock valued at $32,038,000 after purchasing an additional 35,331 shares in the last quarter. Hedge funds and other institutional investors own 89.09% of the company’s stock.

A number of brokerages have recently weighed in on ANTM. Morgan Stanley lifted their target price on shares of Anthem from $356.00 to $360.00 and gave the company an “overweight” rating in a research note on Thursday, October 24th. Credit Suisse Group cut their target price on shares of Anthem from $345.00 to $340.00 and set an “outperform” rating on the stock in a research note on Thursday, October 24th. Zacks Investment Research lowered shares of Anthem from a “buy” rating to a “hold” rating and set a $289.00 target price on the stock. in a research note on Monday, August 19th. Deutsche Bank assumed coverage on shares of Anthem in a research note on Thursday, September 12th. They set a “buy” rating on the stock. Finally, ValuEngine lowered shares of Anthem from a “hold” rating to a “sell” rating in a research note on Friday, November 1st. One analyst has rated the stock with a sell rating, three have assigned a hold rating and thirteen have issued a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of $319.72.

NYSE:ANTM traded up $2.32 during mid-day trading on Friday, hitting $282.09. 1,213,272 shares of the company’s stock were exchanged, compared to its average volume of 1,697,421. Anthem Inc has a one year low of $227.16 and a one year high of $317.99. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.70 and a quick ratio of 1.70. The business has a fifty day moving average price of $252.84 and a 200 day moving average price of $270.42. The company has a market cap of $69.22 billion, a PE ratio of 17.75, a P/E/G ratio of 1.01 and a beta of 0.74.

Anthem (NYSE:ANTM) last announced its earnings results on Wednesday, October 23rd. The company reported $4.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.82 by $0.05. Anthem had a net margin of 4.29% and a return on equity of 15.59%. The company had revenue of $26.44 billion during the quarter, compared to analyst estimates of $25.88 billion. During the same period in the previous year, the business posted $3.81 earnings per share. The firm’s quarterly revenue was up 15.1% compared to the same quarter last year. On average, equities analysts forecast that Anthem Inc will post 19.43 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Friday, December 20th. Investors of record on Thursday, December 5th will be paid a $0.80 dividend. The ex-dividend date of this dividend is Wednesday, December 4th. This represents a $3.20 dividend on an annualized basis and a yield of 1.13%. Anthem’s dividend payout ratio is currently 20.14%.

In related news, EVP Peter D. Haytaian sold 9,586 shares of Anthem stock in a transaction that occurred on Monday, October 28th. The shares were sold at an average price of $269.57, for a total value of $2,584,098.02. Following the completion of the transaction, the executive vice president now owns 42,488 shares in the company, valued at $11,453,490.16. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.17% of the stock is owned by insiders.

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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