Anthem Inc (NYSE:ANTM) EVP Gloria M. Mccarthy sold 15,187 shares of the stock in a transaction dated Monday, April 3rd. The shares were sold at an average price of $166.38, for a total value of $2,526,813.06. Following the transaction, the executive vice president now directly owns 59,144 shares in the company, valued at approximately $9,840,378.72. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.
Anthem Inc (NYSE:ANTM) traded down 0.556% during trading on Friday, hitting $167.135. The company had a trading volume of 630,581 shares. The stock has a 50-day moving average of $166.21 and a 200 day moving average of $148.27. Anthem Inc has a one year low of $114.85 and a one year high of $170.79. The company has a market capitalization of $44.19 billion, a price-to-earnings ratio of 18.147 and a beta of 0.69.
Anthem (NYSE:ANTM) last issued its quarterly earnings data on Wednesday, February 1st. The company reported $1.76 EPS for the quarter, beating the consensus estimate of $1.61 by $0.15. The firm earned $21.50 billion during the quarter, compared to the consensus estimate of $20.96 billion. Anthem had a net margin of 2.91% and a return on equity of 12.08%. The company’s quarterly revenue was up 7.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.14 earnings per share. Equities analysts forecast that Anthem Inc will post $11.58 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which was paid on Friday, March 24th. Stockholders of record on Friday, March 10th were paid a dividend of $0.65 per share. This represents a $2.60 annualized dividend and a dividend yield of 1.55%. The ex-dividend date was Wednesday, March 8th. Anthem’s dividend payout ratio (DPR) is 28.23%.
COPYRIGHT VIOLATION WARNING: “Anthem Inc (ANTM) EVP Gloria M. Mccarthy Sells 15,187 Shares” was originally posted by Chaffey Breeze and is the property of of Chaffey Breeze. If you are reading this report on another site, it was illegally stolen and republished in violation of United States & international copyright and trademark legislation. The original version of this report can be viewed at https://www.chaffeybreeze.com/2017/04/21/gloria-m-mccarthy-sells-15187-shares-of-anthem-inc-antm-stock-updated.html.
A number of research firms have issued reports on ANTM. Citigroup Inc raised their target price on Anthem from $151.00 to $172.00 and gave the company a “buy” rating in a report on Monday, January 23rd. Stifel Nicolaus lowered Anthem from a “buy” rating to a “hold” rating and raised their target price for the company from $143.24 to $155.00 in a report on Wednesday, January 4th. They noted that the move was a valuation call. Barclays PLC raised their target price on Anthem from $159.00 to $169.00 and gave the company an “equal weight” rating in a report on Thursday, February 2nd. Jefferies Group LLC raised their target price on Anthem from $172.00 to $177.00 and gave the company a “hold” rating in a report on Thursday, March 30th. Finally, Royal Bank of Canada reiterated a “buy” rating and issued a $179.00 price objective on shares of Anthem in a research report on Friday, February 10th. Eleven equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $162.14.
Several institutional investors have recently modified their holdings of the stock. Livingston Group Asset Management CO operating as Southport Capital Management increased its position in shares of Anthem by 16.9% in the third quarter. Livingston Group Asset Management CO operating as Southport Capital Management now owns 5,617 shares of the company’s stock valued at $704,000 after buying an additional 811 shares during the period. Alpha Windward LLC increased its position in shares of Anthem by 0.7% in the third quarter. Alpha Windward LLC now owns 1,661 shares of the company’s stock valued at $208,000 after buying an additional 11 shares during the period. Coastline Trust Co increased its position in shares of Anthem by 4.1% in the third quarter. Coastline Trust Co now owns 20,200 shares of the company’s stock valued at $2,531,000 after buying an additional 795 shares during the period. PGGM Investments increased its position in shares of Anthem by 2.3% in the third quarter. PGGM Investments now owns 407,566 shares of the company’s stock valued at $51,072,000 after buying an additional 9,158 shares during the period. Finally, QUANTRES ASSET MANAGEMENT Ltd purchased a new position in shares of Anthem during the third quarter valued at approximately $614,000. 88.18% of the stock is owned by hedge funds and other institutional investors.
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.
Receive News & Ratings for Anthem Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Anthem Inc and related companies with MarketBeat.com's FREE daily email newsletter.