Triodos Investment Management BV grew its stake in shares of Anthem Inc (NYSE:ANTM) by 9.5% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 101,590 shares of the company’s stock after purchasing an additional 8,840 shares during the period. Anthem makes up about 6.2% of Triodos Investment Management BV’s holdings, making the stock its 3rd largest position. Triodos Investment Management BV’s holdings in Anthem were worth $24,392,000 as of its most recent filing with the SEC.
Several other hedge funds and other institutional investors also recently modified their holdings of the business. NuWave Investment Management LLC boosted its holdings in Anthem by 46.3% in the second quarter. NuWave Investment Management LLC now owns 120 shares of the company’s stock worth $34,000 after purchasing an additional 38 shares during the last quarter. Sonora Investment Management LLC raised its holdings in shares of Anthem by 38.0% in the 2nd quarter. Sonora Investment Management LLC now owns 138 shares of the company’s stock valued at $39,000 after purchasing an additional 38 shares in the last quarter. Convergence Investment Partners LLC raised its holdings in shares of Anthem by 4.2% in the 2nd quarter. Convergence Investment Partners LLC now owns 943 shares of the company’s stock valued at $266,000 after purchasing an additional 38 shares in the last quarter. Wright Investors Service Inc. raised its holdings in shares of Anthem by 0.4% in the 2nd quarter. Wright Investors Service Inc. now owns 10,050 shares of the company’s stock valued at $2,836,000 after purchasing an additional 41 shares in the last quarter. Finally, Advantage Investment Management LLC raised its holdings in shares of Anthem by 10.1% in the 2nd quarter. Advantage Investment Management LLC now owns 458 shares of the company’s stock valued at $129,000 after purchasing an additional 42 shares in the last quarter. Institutional investors own 89.09% of the company’s stock.
ANTM has been the subject of several recent research reports. Mizuho initiated coverage on shares of Anthem in a report on Thursday, October 17th. They issued a “neutral” rating and a $262.00 price target for the company. Deutsche Bank began coverage on shares of Anthem in a research note on Thursday, September 12th. They set a “buy” rating for the company. ValuEngine lowered shares of Anthem from a “hold” rating to a “sell” rating in a research note on Friday, November 1st. Credit Suisse Group reduced their price objective on shares of Anthem from $345.00 to $340.00 and set an “outperform” rating for the company in a research note on Thursday, October 24th. Finally, Zacks Investment Research lowered shares of Anthem from a “buy” rating to a “hold” rating and set a $289.00 price objective for the company. in a research note on Monday, August 19th. One analyst has rated the stock with a sell rating, three have issued a hold rating and thirteen have issued a buy rating to the company. The company has a consensus rating of “Buy” and an average price target of $319.72.
NYSE:ANTM traded up $2.32 during trading hours on Friday, hitting $282.09. 1,213,272 shares of the company were exchanged, compared to its average volume of 1,697,421. The stock has a market capitalization of $69.22 billion, a price-to-earnings ratio of 17.75, a PEG ratio of 1.01 and a beta of 0.74. Anthem Inc has a 52-week low of $227.16 and a 52-week high of $317.99. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.70 and a quick ratio of 1.70. The company’s 50 day moving average price is $252.84 and its 200-day moving average price is $270.42.
Anthem (NYSE:ANTM) last released its earnings results on Wednesday, October 23rd. The company reported $4.87 earnings per share for the quarter, topping the consensus estimate of $4.82 by $0.05. The company had revenue of $26.44 billion for the quarter, compared to the consensus estimate of $25.88 billion. Anthem had a net margin of 4.29% and a return on equity of 15.59%. Anthem’s revenue was up 15.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $3.81 EPS. On average, equities analysts predict that Anthem Inc will post 19.43 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 20th. Stockholders of record on Thursday, December 5th will be issued a $0.80 dividend. This represents a $3.20 annualized dividend and a dividend yield of 1.13%. The ex-dividend date of this dividend is Wednesday, December 4th. Anthem’s dividend payout ratio (DPR) is currently 20.14%.
In other news, EVP Peter D. Haytaian sold 9,586 shares of the company’s stock in a transaction on Monday, October 28th. The shares were sold at an average price of $269.57, for a total value of $2,584,098.02. Following the sale, the executive vice president now directly owns 42,488 shares of the company’s stock, valued at approximately $11,453,490.16. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.17% of the stock is owned by corporate insiders.
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.
Featured Article: What type of investment options does a Roth IRA provide?
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).
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.