Blair William & Co. IL Trims Position in Anthem Inc (ANTM)

Blair William & Co. IL decreased its holdings in Anthem Inc (NYSE:ANTM) by 44.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,131 shares of the company’s stock after selling 1,730 shares during the quarter. Blair William & Co. IL’s holdings in Anthem were worth $468,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Reilly Financial Advisors LLC raised its position in Anthem by 144.9% during the 1st quarter. Reilly Financial Advisors LLC now owns 556 shares of the company’s stock worth $122,000 after buying an additional 329 shares during the last quarter. Icon Wealth Partners LLC purchased a new position in Anthem during the 4th quarter worth $126,000. ClariVest Asset Management LLC raised its position in Anthem by 884.4% during the 1st quarter. ClariVest Asset Management LLC now owns 630 shares of the company’s stock worth $139,000 after buying an additional 566 shares during the last quarter. Smart Portfolios LLC purchased a new position in Anthem during the 1st quarter worth $161,000. Finally, Bedel Financial Consulting Inc. purchased a new position in Anthem during the 1st quarter worth $186,000. Hedge funds and other institutional investors own 87.50% of the company’s stock.

ANTM has been the subject of a number of analyst reports. Barclays started coverage on shares of Anthem in a research report on Thursday, March 8th. They set an “overweight” rating and a $270.00 price objective for the company. Zacks Investment Research cut shares of Anthem from a “buy” rating to a “hold” rating in a research note on Tuesday, April 3rd. Cantor Fitzgerald reaffirmed a “buy” rating and set a $275.00 price target on shares of Anthem in a research note on Wednesday, April 25th. JPMorgan Chase & Co. raised shares of Anthem from a “neutral” rating to an “overweight” rating in a research note on Thursday, April 26th. Finally, Sanford C. Bernstein set a $332.00 price target on shares of Anthem and gave the stock an “outperform” rating in a research note on Thursday, April 26th. Four research analysts have rated the stock with a hold rating and seventeen have assigned a buy rating to the company. Anthem has an average rating of “Buy” and a consensus price target of $250.57.

Shares of Anthem opened at $241.27 on Wednesday, according to Marketbeat.com. The stock has a market capitalization of $62.48 billion, a P/E ratio of 20.04, a price-to-earnings-growth ratio of 1.36 and a beta of 0.84. Anthem Inc has a 52 week low of $179.40 and a 52 week high of $267.95. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.49 and a current ratio of 1.49.

Anthem (NYSE:ANTM) last issued its quarterly earnings data on Wednesday, April 25th. The company reported $5.41 EPS for the quarter, beating the Zacks’ consensus estimate of $4.83 by $0.58. The firm had revenue of $22.34 billion for the quarter, compared to analysts’ expectations of $22.55 billion. Anthem had a net margin of 4.60% and a return on equity of 12.77%. The firm’s revenue was up .1% on a year-over-year basis. During the same period in the prior year, the company earned $4.68 EPS. equities research analysts expect that Anthem Inc will post 15.39 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 25th. Investors of record on Friday, June 8th were paid a $0.75 dividend. The ex-dividend date was Thursday, June 7th. This represents a $3.00 dividend on an annualized basis and a yield of 1.24%. Anthem’s payout ratio is 24.92%.

In related news, Director Robert L. Dixon, Jr. sold 1,000 shares of the stock in a transaction dated Friday, May 18th. The shares were sold at an average price of $231.10, for a total value of $231,100.00. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Brian T. Griffin sold 59,421 shares of the stock in a transaction dated Thursday, May 3rd. The shares were sold at an average price of $224.41, for a total transaction of $13,334,666.61. Following the completion of the sale, the chief executive officer now directly owns 25,619 shares in the company, valued at $5,749,159.79. The disclosure for this sale can be found here. Over the last three months, insiders sold 61,421 shares of company stock worth $13,798,767. 0.31% of the stock is owned by corporate insiders.

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.

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Institutional Ownership by Quarter for Anthem (NYSE:ANTM)

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