Anthem, Inc. (NYSE:ANTM) Shares Acquired by Payden & Rygel

Payden & Rygel grew its stake in Anthem, Inc. (NYSE:ANTMGet Rating) by 100.0% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,800 shares of the company’s stock after acquiring an additional 1,900 shares during the quarter. Payden & Rygel’s holdings in Anthem were worth $1,867,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Sound View Wealth Advisors Group LLC increased its holdings in shares of Anthem by 1.9% in the fourth quarter. Sound View Wealth Advisors Group LLC now owns 1,267 shares of the company’s stock valued at $587,000 after purchasing an additional 24 shares during the period. Allworth Financial LP increased its holdings in shares of Anthem by 35.3% in the fourth quarter. Allworth Financial LP now owns 92 shares of the company’s stock valued at $43,000 after purchasing an additional 24 shares during the period. Financial Counselors Inc. increased its holdings in shares of Anthem by 1.3% in the fourth quarter. Financial Counselors Inc. now owns 1,880 shares of the company’s stock valued at $871,000 after purchasing an additional 24 shares during the period. Telemus Capital LLC increased its holdings in shares of Anthem by 1.7% in the fourth quarter. Telemus Capital LLC now owns 1,467 shares of the company’s stock valued at $680,000 after purchasing an additional 25 shares during the period. Finally, Beaumont Financial Partners LLC increased its holdings in shares of Anthem by 2.3% in the fourth quarter. Beaumont Financial Partners LLC now owns 1,091 shares of the company’s stock valued at $506,000 after purchasing an additional 25 shares during the period. 84.28% of the stock is owned by institutional investors and hedge funds.

A number of research firms have recently issued reports on ANTM. Wells Fargo & Company dropped their target price on Anthem from $586.00 to $580.00 and set an “overweight” rating on the stock in a report on Wednesday, May 25th. The Goldman Sachs Group upped their price objective on Anthem from $527.00 to $605.00 and gave the stock a “buy” rating in a report on Thursday, April 21st. BMO Capital Markets upped their price objective on Anthem from $540.00 to $625.00 and gave the stock an “outperform” rating in a report on Monday, April 25th. Deutsche Bank Aktiengesellschaft upped their price objective on Anthem from $453.00 to $574.00 and gave the stock a “buy” rating in a report on Friday, April 22nd. Finally, UBS Group upped their price objective on Anthem from $477.00 to $541.00 and gave the stock a “buy” rating in a report on Tuesday, March 29th. Three investment analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $550.05.

Shares of NYSE:ANTM traded up $6.96 on Thursday, hitting $472.71. The company had a trading volume of 4,255 shares, compared to its average volume of 1,092,709. The company has a current ratio of 1.36, a quick ratio of 1.36 and a debt-to-equity ratio of 0.55. Anthem, Inc. has a 52-week low of $355.43 and a 52-week high of $533.68. The business has a 50 day moving average of $494.59 and a 200 day moving average of $471.25. The company has a market cap of $113.97 billion, a PE ratio of 18.55, a PEG ratio of 1.30 and a beta of 0.97.

Anthem (NYSE:ANTMGet Rating) last issued its quarterly earnings data on Wednesday, April 20th. The company reported $8.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $7.81 by $0.44. Anthem had a return on equity of 18.71% and a net margin of 4.33%. The business had revenue of $38.10 billion for the quarter, compared to the consensus estimate of $37.28 billion. During the same period in the prior year, the business earned $7.01 earnings per share. The business’s revenue was up 17.6% on a year-over-year basis. As a group, equities analysts predict that Anthem, Inc. will post 28.49 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 24th. Stockholders of record on Friday, June 10th will be given a $1.28 dividend. This is an increase from Anthem’s previous quarterly dividend of $1.13. This represents a $5.12 annualized dividend and a dividend yield of 1.08%. The ex-dividend date is Thursday, June 9th. Anthem’s dividend payout ratio is currently 20.16%.

In related news, Director Ramiro G. Peru sold 990 shares of the company’s stock in a transaction on Thursday, May 19th. The stock was sold at an average price of $468.88, for a total value of $464,191.20. Following the completion of the transaction, the director now directly owns 9,405 shares in the company, valued at $4,409,816.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Robert L. Dixon, Jr. sold 420 shares of the company’s stock in a transaction on Monday, June 6th. The shares were sold at an average price of $497.14, for a total value of $208,798.80. Following the completion of the transaction, the director now owns 9,491 shares of the company’s stock, valued at $4,718,355.74. The disclosure for this sale can be found here. Insiders sold 7,738 shares of company stock valued at $3,764,851 over the last quarter. Insiders own 0.28% of the company’s stock.

Anthem Profile (Get Rating)

Anthem, Inc, through its subsidiaries, operates as a health benefits company in the United States. It operates through four segments: Commercial & Specialty Business, Government Business, IngenioRx, and Other. The company offers a spectrum of network-based managed care health benefit plans to large and small groups, individuals, Medicaid, and Medicare markets.

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Institutional Ownership by Quarter for Anthem (NYSE:ANTM)

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