Schroder Investment Management Group Raises Position in Anthem Inc (ANTM)

Schroder Investment Management Group increased its holdings in Anthem Inc (NYSE:ANTM) by 244.2% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 41,494 shares of the company’s stock after buying an additional 29,438 shares during the period. Schroder Investment Management Group’s holdings in Anthem were worth $9,928,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of the stock. Financial Gravity Wealth Inc. acquired a new stake in shares of Anthem during the 1st quarter worth approximately $103,000. Flagship Harbor Advisors LLC acquired a new stake in shares of Anthem during the 2nd quarter worth approximately $120,000. Kaizen Advisory LLC grew its stake in shares of Anthem by 139.2% during the 2nd quarter. Kaizen Advisory LLC now owns 598 shares of the company’s stock worth $142,000 after purchasing an additional 348 shares during the period. Centaurus Financial Inc. acquired a new stake in shares of Anthem during the 2nd quarter worth approximately $142,000. Finally, Steward Partners Investment Advisory LLC grew its stake in shares of Anthem by 47.3% during the 2nd quarter. Steward Partners Investment Advisory LLC now owns 638 shares of the company’s stock worth $152,000 after purchasing an additional 205 shares during the period. Institutional investors own 86.70% of the company’s stock.

In other news, CAO Ronald W. Penczek sold 763 shares of the stock in a transaction that occurred on Tuesday, September 4th. The stock was sold at an average price of $265.56, for a total transaction of $202,622.28. Following the transaction, the chief accounting officer now owns 1,334 shares in the company, valued at approximately $354,257.04. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Craig E. Samitt sold 19,541 shares of the stock in a transaction that occurred on Thursday, July 26th. The shares were 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 in the company, valued at approximately $5,145,004.76. The disclosure for this sale can be found here. Insiders have sold a total of 26,988 shares of company stock worth $6,812,655 in the last quarter. Insiders own 0.31% of the company’s stock.

A number of brokerages have recently commented on ANTM. Jefferies Financial Group reaffirmed a “buy” rating and set a $296.00 price objective on shares of Anthem in a research note on Thursday, July 26th. Morgan Stanley raised their price objective on shares of Anthem from $269.00 to $273.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 26th. Zacks Investment Research cut shares of Anthem from a “buy” rating to a “hold” rating in a research note on Tuesday, June 19th. Credit Suisse Group raised their price objective on shares of Anthem from $284.00 to $311.00 and gave the stock an “outperform” rating in a research note on Tuesday, September 4th. Finally, Cantor Fitzgerald reaffirmed a “buy” rating and set a $275.00 price objective on shares of Anthem in a research note on Wednesday, July 25th. Three analysts have rated the stock with a hold rating and seventeen have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of $272.79.

Shares of NYSE:ANTM opened at $269.46 on Thursday. Anthem Inc has a 1 year low of $182.31 and a 1 year high of $276.00. The company has a market cap of $70.25 billion, a PE ratio of 19.87, a price-to-earnings-growth ratio of 1.47 and a beta of 0.90. 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 announced its earnings results on Wednesday, July 25th. The company reported $4.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.16 by $0.09. Anthem had a return on equity of 13.28% and a net margin of 4.79%. The firm had revenue of $22.71 billion for the quarter, compared to analyst estimates of $22.66 billion. During the same quarter last year, the firm posted $3.37 EPS. The business’s revenue was up 2.3% on a year-over-year basis. sell-side analysts expect that Anthem Inc will post 15.48 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 25th. Stockholders of record on Monday, September 10th were given a dividend of $0.75 per share. The ex-dividend date of this dividend was Friday, September 7th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 1.11%. Anthem’s dividend payout ratio (DPR) is 24.92%.

Anthem Company 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.

Further Reading: Why do companies issue stock splits?

Want to see what other hedge funds are holding ANTM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Anthem Inc (NYSE:ANTM).

Institutional Ownership by Quarter for Anthem (NYSE:ANTM)

Receive News & Ratings for Anthem Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Anthem and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply