IFM Investors Pty Ltd Has $3.92 Million Holdings in Anthem Inc (ANTM)

IFM Investors Pty Ltd boosted its stake in Anthem Inc (NYSE:ANTM) by 11.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,908 shares of the company’s stock after buying an additional 1,525 shares during the period. IFM Investors Pty Ltd’s holdings in Anthem were worth $3,915,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of ANTM. Vanguard Group Inc. grew its stake in shares of Anthem by 2.9% in the third quarter. Vanguard Group Inc. now owns 18,729,474 shares of the company’s stock worth $5,132,811,000 after purchasing an additional 532,579 shares in the last quarter. Vanguard Group Inc grew its position in Anthem by 2.9% during the third quarter. Vanguard Group Inc now owns 18,729,474 shares of the company’s stock worth $5,132,811,000 after buying an additional 532,579 shares in the last quarter. Alliancebernstein L.P. grew its position in Anthem by 0.3% during the third quarter. Alliancebernstein L.P. now owns 2,958,593 shares of the company’s stock worth $810,802,000 after buying an additional 7,671 shares in the last quarter. OppenheimerFunds Inc. grew its position in Anthem by 5.2% during the third quarter. OppenheimerFunds Inc. now owns 2,537,684 shares of the company’s stock worth $695,452,000 after buying an additional 125,203 shares in the last quarter. Finally, Lyrical Asset Management LP grew its position in Anthem by 1.9% during the third quarter. Lyrical Asset Management LP now owns 1,875,767 shares of the company’s stock worth $514,054,000 after buying an additional 35,731 shares in the last quarter. 86.86% of the stock is currently owned by hedge funds and other institutional investors.

In other news, Director Julie A. Hill sold 500 shares of the stock in a transaction on Thursday, November 8th. The stock was sold at an average price of $287.25, for a total value of $143,625.00. Following the completion of the transaction, the director now directly owns 34,327 shares in the company, valued at approximately $9,860,430.75. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Gloria M. Mccarthy sold 7,700 shares of the stock in a transaction on Friday, January 18th. The shares were sold at an average price of $265.00, for a total value of $2,040,500.00. Following the completion of the transaction, the executive vice president now owns 46,456 shares of the company’s stock, valued at $12,310,840. The disclosure for this sale can be found here. Insiders have sold 27,026 shares of company stock valued at $7,410,050 over the last 90 days. Corporate insiders own 0.31% of the company’s stock.

A number of equities research analysts recently issued reports on ANTM shares. Jefferies Financial Group reissued a “buy” rating and set a $316.00 price target on shares of Anthem in a research report on Friday, October 12th. Cantor Fitzgerald reissued a “buy” rating and set a $275.00 price target on shares of Anthem in a research report on Thursday, October 25th. Barclays reissued an “overweight” rating and set a $300.00 price target (up previously from $270.00) on shares of Anthem in a research report on Thursday, November 1st. BMO Capital Markets increased their price target on Anthem from $300.00 to $310.00 and gave the stock a “buy” rating in a research report on Thursday, November 1st. Finally, Credit Suisse Group increased their price target on Anthem from $311.00 to $330.00 and gave the stock an “outperform” rating in a research report on Thursday, November 1st. Four research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of $310.53.

NYSE ANTM traded up $3.58 on Wednesday, hitting $268.15. 78,260 shares of the company’s stock were exchanged, compared to its average volume of 1,375,884. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.53 and a quick ratio of 1.54. Anthem Inc has a 52 week low of $215.52 and a 52 week high of $300.57. The stock has a market capitalization of $68.83 billion, a PE ratio of 22.27, a PEG ratio of 1.16 and a beta of 0.91.

Anthem (NYSE:ANTM) last released its earnings results on Wednesday, October 31st. The company reported $3.81 earnings per share for the quarter, topping the consensus estimate of $3.70 by $0.11. Anthem had a return on equity of 13.99% and a net margin of 4.98%. The firm had revenue of $22.98 billion during the quarter, compared to analysts’ expectations of $22.85 billion. During the same period in the prior year, the company earned $2.65 earnings per share. The company’s quarterly revenue was up 4.0% on a year-over-year basis. As a group, sell-side analysts expect that Anthem Inc will post 15.66 earnings per share for the current year.

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About Anthem

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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