Anthem Inc (NYSE:ANTM) Shares Sold by SG Americas Securities LLC

SG Americas Securities LLC reduced its holdings in Anthem Inc (NYSE:ANTM) by 77.1% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 26,430 shares of the company’s stock after selling 89,053 shares during the quarter. SG Americas Securities LLC’s holdings in Anthem were worth $7,459,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. First Bank & Trust increased its stake in Anthem by 15.6% during the second quarter. First Bank & Trust now owns 363 shares of the company’s stock worth $102,000 after acquiring an additional 49 shares during the last quarter. Delta Asset Management LLC TN increased its stake in Anthem by 37.5% during the second quarter. Delta Asset Management LLC TN now owns 433 shares of the company’s stock worth $122,000 after acquiring an additional 118 shares during the last quarter. Sumitomo Life Insurance Co. increased its stake in Anthem by 4.2% during the second quarter. Sumitomo Life Insurance Co. now owns 10,402 shares of the company’s stock worth $2,936,000 after acquiring an additional 419 shares during the last quarter. Park Avenue Securities LLC increased its stake in Anthem by 15.0% during the second quarter. Park Avenue Securities LLC now owns 1,773 shares of the company’s stock worth $500,000 after acquiring an additional 231 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC increased its stake in Anthem by 224.5% during the second quarter. Steward Partners Investment Advisory LLC now owns 6,241 shares of the company’s stock worth $1,761,000 after acquiring an additional 4,318 shares during the last quarter. Hedge funds and other institutional investors own 87.79% of the company’s stock.

ANTM traded down $1.32 on Friday, reaching $287.33. The company’s stock had a trading volume of 906,642 shares, compared to its average volume of 1,362,683. The firm has a market cap of $73.84 billion, a PE ratio of 18.08, a price-to-earnings-growth ratio of 1.07 and a beta of 0.71. Anthem Inc has a 1 year low of $227.16 and a 1 year high of $317.99. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.64 and a current ratio of 1.64. The firm has a 50 day moving average of $292.82.

Anthem (NYSE:ANTM) last issued its quarterly earnings results on Wednesday, July 24th. The company reported $4.64 EPS for the quarter, beating analysts’ consensus estimates of $4.61 by $0.03. The firm had revenue of $25.20 billion during the quarter, compared to the consensus estimate of $24.88 billion. Anthem had a return on equity of 15.02% and a net margin of 4.21%. Anthem’s revenue for the quarter was up 10.9% on a year-over-year basis. During the same quarter in the prior year, the business posted $4.25 earnings per share. Research analysts anticipate that Anthem Inc will post 19.35 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 25th. Investors of record on Tuesday, September 10th will be issued a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a yield of 1.11%. The ex-dividend date is Monday, September 9th. Anthem’s dividend payout ratio is currently 20.14%.

In other Anthem news, Director Ramiro G. Peru sold 1,656 shares of the stock in a transaction that occurred on Tuesday, May 21st. The stock was sold at an average price of $275.00, for a total transaction of $455,400.00. Following the transaction, the director now owns 11,173 shares of the company’s stock, valued at approximately $3,072,575. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director Robert L. Dixon, Jr. sold 520 shares of the stock in a transaction that occurred on Friday, July 26th. The stock was sold at an average price of $294.11, for a total value of $152,937.20. Following the transaction, the director now directly owns 9,971 shares in the company, valued at approximately $2,932,570.81. The disclosure for this sale can be found here. Insiders sold 11,765 shares of company stock valued at $3,327,092 in the last three months. 0.17% of the stock is currently owned by company insiders.

ANTM has been the subject of several research analyst reports. Wells Fargo & Co restated a “buy” rating on shares of Anthem in a research note on Friday, July 26th. Zacks Investment Research upgraded Anthem from a “hold” rating to a “buy” rating and set a $293.00 price target for the company in a research note on Thursday, May 16th. Citigroup upgraded Anthem from a “neutral” rating to a “buy” rating and set a $325.00 price target for the company in a research note on Friday, May 10th. Barclays increased their target price on Anthem from $316.00 to $317.00 and gave the company an “overweight” rating in a research note on Thursday, April 25th. Finally, SunTrust Banks lowered their target price on Anthem to $300.00 and set a “hold” rating for the company in a research note on Thursday, April 25th. Two research analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company’s stock. Anthem has a consensus rating of “Buy” and a consensus price target of $325.67.

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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