Anthem Inc (ANTM) EVP Gloria M. Mccarthy Sells 15,187 Shares

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.

Insider Buying and Selling by Quarter for Anthem (NYSE:ANTM)

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%.

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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.

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.

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