Mn Services Vermogensbeheer B.V. Has $11.22 Million Stake in Anthem Inc (ANTM)

Mn Services Vermogensbeheer B.V. grew its position in Anthem Inc (NYSE:ANTM) by 1.2% in the 3rd quarter, Holdings Channel reports. The firm owned 40,928 shares of the company’s stock after purchasing an additional 500 shares during the period. Mn Services Vermogensbeheer B.V.’s holdings in Anthem were worth $11,216,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in ANTM. Livingston Group Asset Management CO operating as Southport Capital Management bought a new position in Anthem during the third quarter valued at about $108,000. Legacy Advisors LLC bought a new position in Anthem during the third quarter valued at about $113,000. Flagship Harbor Advisors LLC bought a new position in Anthem during the second quarter valued at about $120,000. JNBA Financial Advisors bought a new position in Anthem during the third quarter valued at about $134,000. Finally, Patriot Financial Group Insurance Agency LLC bought a new position in Anthem during the third quarter valued at about $140,000. Institutional investors own 86.81% of the company’s stock.

In other news, Director Julie A. Hill sold 248 shares of the stock in a transaction dated Thursday, August 16th. The shares were sold at an average price of $267.01, for a total value of $66,218.48. Following the sale, the director now directly owns 34,827 shares of the company’s stock, valued at $9,299,157.27. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CAO Ronald W. Penczek sold 763 shares of the stock in a transaction dated Tuesday, September 4th. The stock was sold at an average price of $265.56, for a total transaction of $202,622.28. Following the completion of the sale, the chief accounting officer now directly owns 1,334 shares in the company, valued at $354,257.04. The disclosure for this sale can be found here. Over the last three months, insiders sold 15,447 shares of company stock worth $4,143,846. Insiders own 0.31% of the company’s stock.

Several equities analysts recently weighed in on the stock. Citigroup increased their price target on shares of Anthem from $290.00 to $292.00 and gave the company a “neutral” rating in a research report on Tuesday. Cantor Fitzgerald restated a “buy” rating and set a $275.00 price target on shares of Anthem in a research report on Wednesday, July 25th. Barclays reiterated an “overweight” rating and set a $300.00 target price (up previously from $270.00) on shares of Anthem in a research report on Thursday, November 1st. BMO Capital Markets increased their target price on shares of Anthem from $300.00 to $310.00 and gave the stock a “buy” rating in a research report on Thursday, November 1st. Finally, Morgan Stanley increased their target price on shares of Anthem from $269.00 to $273.00 and gave the stock an “equal weight” rating in a research report on Thursday, July 26th. Four investment analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company. Anthem has an average rating of “Buy” and a consensus target price of $292.19.

Shares of NYSE:ANTM opened at $272.01 on Wednesday. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.53 and a quick ratio of 1.54. The stock has a market cap of $69.32 billion, a price-to-earnings ratio of 22.59, a price-to-earnings-growth ratio of 1.38 and a beta of 0.86. Anthem Inc has a twelve month low of $213.29 and a twelve month high of $283.06.

Anthem (NYSE:ANTM) last issued its earnings results on Wednesday, October 31st. The company reported $3.81 earnings per share for the quarter, topping analysts’ consensus estimates of $3.70 by $0.11. Anthem had a net margin of 4.98% and a return on equity of 13.99%. The firm had revenue of $22.98 billion during the quarter, compared to analyst estimates of $22.85 billion. During the same quarter last year, the business earned $2.65 earnings per share. The company’s quarterly revenue was up 4.0% on a year-over-year basis. Analysts predict that Anthem Inc will post 15.65 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Friday, December 21st. Stockholders of record on Wednesday, December 5th will be issued a $0.75 dividend. This represents a $3.00 dividend on an annualized basis and a dividend yield of 1.10%. The ex-dividend date is Tuesday, December 4th. Anthem’s payout ratio is 24.92%.

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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.

Further Reading: Stock Symbols, CUSIP and Other Stock Identifiers

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)

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