Anthem Inc (ANTM) Shares Sold by Ontario Teachers Pension Plan Board

Ontario Teachers Pension Plan Board reduced its position in Anthem Inc (NYSE:ANTM) by 8.9% during the 3rd quarter, HoldingsChannel reports. The firm owned 18,481 shares of the company’s stock after selling 1,797 shares during the quarter. Ontario Teachers Pension Plan Board’s holdings in Anthem were worth $5,065,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. FIL Ltd raised its holdings in shares of Anthem by 11.3% during the 3rd quarter. FIL Ltd now owns 616,142 shares of the company’s stock valued at $168,853,000 after buying an additional 62,533 shares during the period. American International Group Inc. raised its holdings in shares of Anthem by 9.0% during the 3rd quarter. American International Group Inc. now owns 87,396 shares of the company’s stock valued at $23,951,000 after buying an additional 7,194 shares during the period. Polaris Capital Management LLC raised its holdings in shares of Anthem by 5.3% during the 3rd quarter. Polaris Capital Management LLC now owns 202,120 shares of the company’s stock valued at $55,391,000 after buying an additional 10,124 shares during the period. Massmutual Trust Co. FSB ADV raised its holdings in shares of Anthem by 4.2% during the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 9,491 shares of the company’s stock valued at $2,601,000 after buying an additional 384 shares during the period. Finally, Martingale Asset Management L P raised its holdings in shares of Anthem by 0.6% during the 3rd quarter. Martingale Asset Management L P now owns 153,079 shares of the company’s stock valued at $41,952,000 after buying an additional 900 shares during the period. 87.59% of the stock is currently owned by institutional investors and hedge funds.

In other news, EVP Peter D. Haytaian sold 3,500 shares of the business’s stock in a transaction that occurred on Monday, August 27th. The stock was sold at an average price of $265.92, for a total value of $930,720.00. Following the completion of the sale, the executive vice president now directly owns 57,674 shares in the company, valued at approximately $15,336,670.08. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Thomas C. Zielinski sold 7,826 shares of the business’s stock in a transaction that occurred on Wednesday, November 7th. The shares were sold at an average price of $289.71, for a total value of $2,267,270.46. Following the completion of the sale, the executive vice president now owns 29,466 shares of the company’s stock, valued at $8,536,594.86. 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 over the last 90 days. 0.31% of the stock is owned by company insiders.

ANTM stock opened at $280.74 on Friday. 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 Inc has a 52-week low of $215.52 and a 52-week high of $290.84. The company has a market cap of $72.61 billion, a price-to-earnings ratio of 23.32, a price-to-earnings-growth ratio of 1.44 and a beta of 0.86.

Anthem (NYSE:ANTM) last posted its quarterly earnings data on Wednesday, October 31st. The company reported $3.81 earnings per share (EPS) for the quarter, topping the consensus estimate 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 period in the previous year, the business earned $2.65 EPS. Anthem’s revenue for the quarter was up 4.0% compared to the same quarter last year. On average, equities analysts forecast that Anthem Inc will post 15.66 EPS for the current fiscal year.

The firm also recently disclosed 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 annualized dividend and a yield of 1.07%. Anthem’s dividend payout ratio is presently 24.92%.

Several brokerages recently commented on ANTM. Citigroup raised their target price on Anthem from $290.00 to $292.00 and gave the company a “neutral” rating in a report on Tuesday, November 6th. Royal Bank of Canada raised their target price on Anthem to $318.00 and gave the company an “outperform” rating in a report on Thursday, November 1st. SunTrust Banks raised their target price on Anthem to $315.00 and gave the company a “hold” rating in a report on Thursday, November 1st. Morgan Stanley raised their target price on Anthem from $368.00 to $372.00 and gave the company an “overweight” rating in a report on Thursday, November 1st. Finally, Credit Suisse Group raised their target price 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 stock. Anthem currently has an average rating of “Buy” and an average target price 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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