Tesco Pension Investment Ltd purchased a new stake in Anthem, Inc. (NYSE:ANTM) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 744,087 shares of the company’s stock, valued at approximately $139,985,000. Anthem makes up about 4.1% of Tesco Pension Investment Ltd’s holdings, making the stock its 12th largest position. Tesco Pension Investment Ltd owned approximately 0.28% of Anthem at the end of the most recent reporting period.
Several other large investors have also recently added to or reduced their stakes in ANTM. BlackRock Inc. raised its position in Anthem by 2,873.5% in the first quarter. BlackRock Inc. now owns 22,676,945 shares of the company’s stock valued at $3,750,316,000 after buying an additional 21,914,321 shares during the last quarter. Vanguard Group Inc. raised its position in Anthem by 4.2% in the first quarter. Vanguard Group Inc. now owns 17,325,680 shares of the company’s stock valued at $2,865,321,000 after buying an additional 700,705 shares during the last quarter. FMR LLC raised its position in Anthem by 8.2% in the first quarter. FMR LLC now owns 12,335,115 shares of the company’s stock valued at $2,039,982,000 after buying an additional 934,509 shares during the last quarter. State Street Corp raised its position in Anthem by 3.0% in the first quarter. State Street Corp now owns 11,362,446 shares of the company’s stock valued at $1,879,127,000 after buying an additional 328,727 shares during the last quarter. Finally, Wellington Management Group LLP raised its position in Anthem by 53.5% in the first quarter. Wellington Management Group LLP now owns 4,443,160 shares of the company’s stock valued at $734,810,000 after buying an additional 1,548,077 shares during the last quarter. 89.48% of the stock is currently owned by institutional investors.
Shares of Anthem, Inc. (NYSE:ANTM) traded up 0.19% during midday trading on Wednesday, hitting $193.35. 841,566 shares of the company were exchanged. The firm has a market cap of $50.77 billion, a P/E ratio of 18.28 and a beta of 0.73. Anthem, Inc. has a one year low of $114.85 and a one year high of $194.94. The company’s 50 day moving average price is $190.17 and its 200 day moving average price is $177.09.
Anthem (NYSE:ANTM) last released its earnings results on Wednesday, July 26th. The company reported $3.37 earnings per share for the quarter, beating the consensus estimate of $3.23 by $0.14. The firm had revenue of $22.20 billion for the quarter, compared to analyst estimates of $22.25 billion. Anthem had a return on equity of 12.93% and a net margin of 3.24%. The company’s quarterly revenue was up 4.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $3.33 earnings per share. Equities analysts expect that Anthem, Inc. will post $11.82 EPS for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 25th. Investors of record on Friday, September 8th will be issued a dividend of $0.70 per share. The ex-dividend date of this dividend is Thursday, September 7th. This is an increase from Anthem’s previous quarterly dividend of $0.65. This represents a $2.80 dividend on an annualized basis and a dividend yield of 1.45%. Anthem’s dividend payout ratio (DPR) is presently 24.62%.
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Several research analysts recently commented on ANTM shares. Jefferies Group LLC restated a “hold” rating and issued a $183.00 price target (up previously from $177.00) on shares of Anthem in a report on Sunday, April 23rd. Cantor Fitzgerald reiterated a “hold” rating and set a $165.00 price objective on shares of Anthem in a research note on Monday, April 24th. Royal Bank Of Canada reiterated an “outperform” rating and set a $183.00 price objective (up previously from $179.00) on shares of Anthem in a research note on Thursday, April 27th. Deutsche Bank AG lifted their price objective on shares of Anthem from $166.00 to $173.00 and gave the company a “hold” rating in a research note on Friday, April 28th. Finally, Sanford C. Bernstein lifted their price objective on shares of Anthem from $202.00 to $212.00 and gave the company an “outperform” rating in a research note on Friday, April 28th. Eleven research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $181.47.
In other Anthem news, SVP Ronald W. Penczek sold 867 shares of the firm’s stock in a transaction that occurred on Wednesday, June 7th. The stock was sold at an average price of $187.46, for a total value of $162,527.82. Following the completion of the transaction, the senior vice president now directly owns 1,872 shares in the company, valued at $350,925.12. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Thomas C. Zielinski sold 9,127 shares of the firm’s stock in a transaction that occurred on Thursday, August 10th. The shares were sold at an average price of $191.25, for a total value of $1,745,538.75. Following the completion of the transaction, the executive vice president now owns 26,571 shares of the company’s stock, valued at $5,081,703.75. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 13,754 shares of company stock valued at $2,595,073. 0.36% of the stock is owned by corporate insiders.
Anthem Company Profile
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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