Anthem Inc (ANTM) Holdings Lessened by BKD Wealth Advisors LLC

BKD Wealth Advisors LLC trimmed its holdings in Anthem Inc (NYSE:ANTM) by 3.1% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 10,874 shares of the company’s stock after selling 352 shares during the period. BKD Wealth Advisors LLC’s holdings in Anthem were worth $2,980,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Franklin Resources Inc. raised its position in shares of Anthem by 121.6% during the 1st quarter. Franklin Resources Inc. now owns 19,967 shares of the company’s stock valued at $4,387,000 after acquiring an additional 10,958 shares in the last quarter. Seven Eight Capital LP acquired a new stake in shares of Anthem during the 1st quarter valued at approximately $314,000. Commonwealth Equity Services LLC raised its position in shares of Anthem by 1.2% during the 1st quarter. Commonwealth Equity Services LLC now owns 25,148 shares of the company’s stock valued at $5,525,000 after acquiring an additional 288 shares in the last quarter. Allianz Asset Management GmbH raised its position in shares of Anthem by 31.5% during the 1st quarter. Allianz Asset Management GmbH now owns 2,108,871 shares of the company’s stock valued at $463,319,000 after acquiring an additional 505,252 shares in the last quarter. Finally, Roystone Capital Management LP acquired a new stake in shares of Anthem during the 1st quarter valued at approximately $19,114,000. 86.70% of the stock is currently owned by institutional investors.

In other news, CAO Ronald W. Penczek sold 763 shares of the stock in a transaction on Tuesday, September 4th. The stock was sold at an average price of $265.56, for a total value of $202,622.28. Following the completion of the transaction, the chief accounting officer now owns 1,334 shares of the company’s stock, valued at $354,257.04. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Peter D. Haytaian sold 2,936 shares of the stock in a transaction on Thursday, September 6th. The stock was sold at an average price of $270.00, for a total value of $792,720.00. Following the completion of the transaction, the executive vice president now directly owns 58,642 shares of the company’s stock, valued at approximately $15,833,340. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 31,488 shares of company stock valued at $8,027,655. 0.31% of the stock is owned by company insiders.

Several research firms recently issued reports on ANTM. Jefferies Financial Group reissued a “buy” rating and set a $296.00 price target on shares of Anthem in a research report on Thursday, July 26th. Morgan Stanley upped their price target on Anthem from $269.00 to $273.00 and gave the company an “equal weight” rating in a research report on Thursday, July 26th. Zacks Investment Research lowered Anthem from a “buy” rating to a “hold” rating in a research report on Tuesday, June 19th. Credit Suisse Group upped their price target on Anthem from $284.00 to $311.00 and gave the company an “outperform” rating in a research report on Tuesday, September 4th. Finally, Cantor Fitzgerald reissued a “buy” rating and set a $275.00 price target on shares of Anthem in a research report on Wednesday, July 25th. Three research analysts have rated the stock with a hold rating and seventeen have assigned a buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $272.79.

ANTM traded up $0.43 during trading on Tuesday, reaching $277.82. 7,239 shares of the company were exchanged, compared to its average volume of 1,366,349. The company has a market cap of $71.24 billion, a P/E ratio of 23.03, a PEG ratio of 1.49 and a beta of 0.92. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.52 and a quick ratio of 1.52. Anthem Inc has a 52 week low of $182.31 and a 52 week high of $278.11.

Anthem (NYSE:ANTM) last issued its quarterly earnings data on Wednesday, July 25th. The company reported $4.25 EPS for the quarter, topping the Zacks’ consensus estimate of $4.16 by $0.09. The firm had revenue of $22.71 billion during the quarter, compared to the consensus estimate of $22.66 billion. Anthem had a return on equity of 13.28% and a net margin of 4.79%. The firm’s revenue was up 2.3% on a year-over-year basis. During the same period in the prior year, the business earned $3.37 EPS. As a group, research analysts anticipate that Anthem Inc will post 15.48 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 25th. Investors of record on Monday, September 10th were paid a dividend of $0.75 per share. The ex-dividend date of this dividend was Friday, September 7th. This represents a $3.00 dividend on an annualized basis and a yield of 1.08%. Anthem’s payout ratio is currently 24.92%.

Anthem Company 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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