Banco Santander S.A. cut its holdings in Anthem Inc (NYSE:ANTM) by 14.2% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 14,353 shares of the company’s stock after selling 2,367 shares during the quarter. Banco Santander S.A.’s holdings in Anthem were worth $3,260,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also modified their holdings of ANTM. Janney Montgomery Scott LLC lifted its stake in Anthem by 8.2% in the fourth quarter. Janney Montgomery Scott LLC now owns 20,218 shares of the company’s stock valued at $6,107,000 after buying an additional 1,535 shares during the period. Patriot Financial Group Insurance Agency LLC lifted its stake in Anthem by 8.2% in the fourth quarter. Patriot Financial Group Insurance Agency LLC now owns 565 shares of the company’s stock valued at $171,000 after buying an additional 43 shares during the period. Global Retirement Partners LLC lifted its stake in Anthem by 3.5% in the fourth quarter. Global Retirement Partners LLC now owns 2,011 shares of the company’s stock valued at $607,000 after buying an additional 68 shares during the period. J.W. Cole Advisors Inc. acquired a new position in Anthem in the fourth quarter valued at approximately $376,000. Finally, Nwam LLC acquired a new position in Anthem in the fourth quarter valued at approximately $429,000. 86.40% of the stock is currently owned by hedge funds and other institutional investors.
ANTM has been the topic of several recent analyst reports. Royal Bank of Canada reissued a “buy” rating and issued a $319.00 price target on shares of Anthem in a research note on Sunday, April 12th. SunTrust Banks upped their target price on Anthem from $280.00 to $320.00 and gave the stock a “hold” rating in a research report on Thursday. Credit Suisse Group lowered their target price on Anthem from $380.00 to $355.00 and set an “outperform” rating on the stock in a research report on Friday, January 31st. Morgan Stanley upped their target price on Anthem from $310.00 to $423.00 and gave the stock an “overweight” rating in a research report on Thursday, April 30th. Finally, Deutsche Bank upped their target price on Anthem from $314.00 to $362.00 and gave the stock a “buy” rating in a research report on Tuesday, February 18th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and ten have given a buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $328.31.
Anthem (NYSE:ANTM) last announced its quarterly earnings results on Wednesday, April 29th. The company reported $6.48 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $6.54 by ($0.06). Anthem had a return on equity of 16.38% and a net margin of 4.38%. The company had revenue of $29.45 billion for the quarter, compared to the consensus estimate of $28.63 billion. During the same quarter last year, the company posted $6.03 EPS. The company’s quarterly revenue was up 20.7% compared to the same quarter last year. Equities analysts expect that Anthem Inc will post 22.21 EPS for the current year.
The business also recently declared a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Wednesday, June 10th will be issued a dividend of $0.95 per share. The ex-dividend date of this dividend is Tuesday, June 9th. This represents a $3.80 annualized dividend and a yield of 1.37%. Anthem’s dividend payout ratio (DPR) is currently 19.55%.
In other Anthem news, EVP Thomas C. Zielinski sold 19,306 shares of the company’s stock in a transaction on Thursday, April 30th. The stock was sold at an average price of $278.34, for a total value of $5,373,632.04. Following the completion of the transaction, the executive vice president now owns 48,303 shares in the company, valued at approximately $13,444,657.02. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Gloria M. Mccarthy sold 16,884 shares of the company’s stock in a transaction on Thursday, April 16th. The shares were sold at an average price of $270.00, for a total value of $4,558,680.00. Following the completion of the transaction, the executive vice president now owns 42,099 shares of the company’s stock, valued at approximately $11,366,730. The disclosure for this sale can be found here. Insiders have sold 55,553 shares of company stock valued at $15,286,509 in the last quarter. 0.22% of the stock is currently owned by corporate insiders.
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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