RMB Capital Management LLC Boosts Position in Anthem Inc (ANTM)

RMB Capital Management LLC boosted its stake in shares of Anthem Inc (NYSE:ANTM) by 39.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,933 shares of the company’s stock after buying an additional 833 shares during the period. RMB Capital Management LLC’s holdings in Anthem were worth $422,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the stock. FMR LLC raised its stake in Anthem by 10.6% in the fourth quarter. FMR LLC now owns 11,400,606 shares of the company’s stock valued at $1,639,065,000 after buying an additional 1,097,145 shares in the last quarter. State Street Corp raised its stake in Anthem by 3.8% in the fourth quarter. State Street Corp now owns 11,033,719 shares of the company’s stock valued at $1,586,322,000 after buying an additional 402,925 shares in the last quarter. Nordea Investment Management AB raised its stake in Anthem by 9.8% in the third quarter. Nordea Investment Management AB now owns 7,051,576 shares of the company’s stock valued at $883,633,000 after buying an additional 630,598 shares in the last quarter. Glenview Capital Management LLC purchased a new stake in Anthem during the fourth quarter valued at about $844,512,000. Finally, BlackRock Advisors LLC raised its stake in Anthem by 20.2% in the third quarter. BlackRock Advisors LLC now owns 4,900,464 shares of the company’s stock valued at $614,077,000 after buying an additional 824,588 shares in the last quarter. 88.18% of the stock is currently owned by institutional investors and hedge funds.

Institutional Ownership by Quarter for Anthem (NYSE:ANTM)

Anthem Inc (NYSE:ANTM) opened at 165.38 on Monday. Anthem Inc has a 1-year low of $114.85 and a 1-year high of $170.79. The stock has a 50 day moving average price of $164.35 and a 200 day moving average price of $142.95. The company has a market cap of $43.72 billion, a PE ratio of 17.96 and a beta of 0.69.

Anthem (NYSE:ANTM) last announced its quarterly earnings data on Wednesday, February 1st. The company reported $1.76 EPS for the quarter, topping the Zacks’ consensus estimate of $1.61 by $0.15. Anthem had a return on equity of 12.08% and a net margin of 2.91%. The company earned $21.50 billion during the quarter, compared to the consensus estimate of $20.96 billion. During the same quarter last year, the company earned $1.14 EPS. The company’s quarterly revenue was up 7.3% on a year-over-year basis. Equities analysts forecast that Anthem Inc will post $11.58 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 24th. Shareholders of record on Friday, March 10th were given a $0.65 dividend. The ex-dividend date was Wednesday, March 8th. This represents a $2.60 dividend on an annualized basis and a dividend yield of 1.57%. Anthem’s dividend payout ratio is currently 28.23%.

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ANTM has been the topic of several research reports. Cantor Fitzgerald initiated coverage on Anthem in a research report on Monday, February 6th. They set a “neutral” rating and a $165.00 price target on the stock. Piper Jaffray Companies started coverage on Anthem in a research note on Wednesday, January 4th. They set a “neutral” rating and a $151.00 price objective for the company. Royal Bank of Canada upped their price objective on Anthem from $169.00 to $174.00 and gave the stock an “outperform” rating in a research note on Thursday, February 2nd. Jefferies Group LLC upped their price objective on Anthem from $151.00 to $172.00 and gave the stock a “hold” rating in a research note on Thursday, February 2nd. Finally, Barclays PLC upped their price objective on Anthem from $159.00 to $169.00 and gave the stock an “equal weight” rating in a research note on Thursday, February 2nd. Ten research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $162.33.

In other Anthem news, SVP Ronald W. Penczek sold 729 shares of the firm’s stock in a transaction that occurred on Monday, March 6th. The stock was sold at an average price of $165.56, for a total value of $120,693.24. Following the completion of the sale, the senior vice president now owns 1,448 shares in the company, valued at approximately $239,730.88. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Thomas C. Zielinski sold 22,936 shares of the firm’s stock in a transaction that occurred on Thursday, March 2nd. The stock was sold at an average price of $166.29, for a total value of $3,814,027.44. Following the completion of the sale, the executive vice president now owns 17,376 shares of the company’s stock, valued at approximately $2,889,455.04. The disclosure for this sale can be found here. Insiders sold a total of 31,378 shares of company stock valued at $5,065,738 in the last quarter. Corporate insiders own 0.37% of the company’s stock.

About Anthem

Anthem, Inc is a health benefits company. The Company operates through three segments: Commercial and Specialty Business, Government Business and Other. It offers a spectrum of network-based managed care plans to large and small employer, individual, Medicaid and Medicare markets. Its managed care plans include preferred provider organizations; health maintenance organizations; point-of-service plans; indemnity plans and other hybrid plans, including consumer-driven health plans; and hospital only and limited benefit products.

5 Day Chart for NYSE:ANTM

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