Centaurus Financial Inc. Acquires Shares of 597 Anthem Inc (ANTM)

Centaurus Financial Inc. acquired a new stake in shares of Anthem Inc (NYSE:ANTM) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 597 shares of the company’s stock, valued at approximately $142,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. OppenheimerFunds Inc. grew its holdings in Anthem by 3.3% during the second quarter. OppenheimerFunds Inc. now owns 2,412,481 shares of the company’s stock worth $574,244,000 after acquiring an additional 77,194 shares during the period. Allianz Asset Management GmbH grew its holdings in Anthem by 31.5% during the first quarter. Allianz Asset Management GmbH now owns 2,108,871 shares of the company’s stock worth $463,319,000 after acquiring an additional 505,252 shares during the period. Artisan Partners Limited Partnership grew its holdings in Anthem by 40.2% during the second quarter. Artisan Partners Limited Partnership now owns 1,788,388 shares of the company’s stock worth $425,690,000 after acquiring an additional 512,962 shares during the period. Schwab Charles Investment Management Inc. grew its holdings in Anthem by 1.1% during the second quarter. Schwab Charles Investment Management Inc. now owns 1,159,985 shares of the company’s stock worth $276,112,000 after acquiring an additional 12,805 shares during the period. Finally, Farallon Capital Management LLC grew its holdings in Anthem by 20.3% during the first quarter. Farallon Capital Management LLC now owns 990,000 shares of the company’s stock worth $217,503,000 after acquiring an additional 167,000 shares during the period. Institutional investors and hedge funds own 86.68% of the company’s stock.

A number of research firms recently issued reports on ANTM. Citigroup lowered Anthem from a “buy” rating to a “neutral” rating and set a $162.00 target price on the stock. in a report on Monday, September 10th. Cowen began coverage on Anthem in a report on Monday, September 17th. They set an “outperform” rating and a $318.00 target price on the stock. Morgan Stanley raised Anthem from an “equal weight” rating to an “overweight” rating and lifted their target price for the stock from $273.00 to $368.00 in a report on Wednesday, September 5th. Credit Suisse Group lifted their target price on Anthem from $284.00 to $311.00 and gave the stock an “outperform” rating in a report on Tuesday, September 4th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and set a $296.00 target price on shares of Anthem in a report on Thursday, July 26th. Three analysts have rated the stock with a hold rating and seventeen have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $272.79.

In related news, EVP Craig E. Samitt sold 19,541 shares of Anthem stock in a transaction dated Thursday, July 26th. The stock was sold at an average price of $246.68, for a total value of $4,820,373.88. Following the transaction, the executive vice president now owns 20,857 shares of the company’s stock, valued at approximately $5,145,004.76. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Peter D. Haytaian sold 3,500 shares of Anthem stock in a transaction dated Monday, August 27th. The stock was sold at an average price of $265.92, for a total value of $930,720.00. Following the completion of the transaction, the executive vice president now directly owns 57,674 shares in the company, valued at approximately $15,336,670.08. The disclosure for this sale can be found here. Insiders sold a total of 26,988 shares of company stock worth $6,812,655 in the last three months. 0.31% of the stock is currently owned by company insiders.

Shares of ANTM opened at $272.52 on Monday. The stock has a market capitalization of $70.84 billion, a P/E ratio of 22.63, a P/E/G ratio of 1.49 and a beta of 0.90. Anthem Inc has a 1-year low of $180.71 and a 1-year high of $276.00. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.52 and a current ratio of 1.52.

Anthem (NYSE:ANTM) last issued its quarterly earnings results on Wednesday, July 25th. The company reported $4.25 earnings per share for the quarter, topping the Zacks’ consensus estimate of $4.16 by $0.09. The firm had revenue of $22.71 billion for the quarter, compared to analysts’ expectations of $22.66 billion. Anthem had a return on equity of 13.28% and a net margin of 4.79%. Anthem’s revenue was up 2.3% on a year-over-year basis. During the same quarter last year, the business posted $3.37 EPS. equities analysts forecast that Anthem Inc will post 15.48 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 25th. Investors of record on Monday, September 10th will be paid a $0.75 dividend. The ex-dividend date is Friday, September 7th. This represents a $3.00 dividend on an annualized basis and a yield of 1.10%. Anthem’s dividend payout ratio is currently 24.92%.

Anthem Profile

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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Institutional Ownership by Quarter for Anthem (NYSE:ANTM)

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