Today, Anthem Inc. (ANTM) to Issue Quarterly Dividend of $0.65 on December 21st

Today, Anthem Inc. (ANTM) to Issue Quarterly Dividend of $0.65 on  December 21st

Anthem Inc. (NYSE:ANTM) announced a quarterly dividend on Wednesday, November 2nd. Investors of record on Monday, December 5th will be paid a dividend of 0.65 per share on Wednesday, December 21st. This represents a $2.60 annualized dividend and a dividend yield of 1.80%. The ex-dividend date is Thursday, December 1st.

Shares of Anthem (NYSE:ANTM) opened at 144.74 on Friday. Anthem has a one year low of $114.85 and a one year high of $148.00. The company has a 50 day moving average price of $127.61 and a 200 day moving average price of $129.41. The company has a market cap of $38.13 billion, a price-to-earnings ratio of 16.99 and a beta of 0.57.

Anthem (NYSE:ANTM) last posted its earnings results on Wednesday, November 2nd. The company reported $2.45 earnings per share for the quarter, missing analysts’ consensus estimates of $2.47 by $0.02. The company had revenue of $21.13 billion for the quarter, compared to analysts’ expectations of $20.77 billion. Anthem had a return on equity of 11.64% and a net margin of 2.74%. The firm’s quarterly revenue was up 6.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.73 EPS. Equities analysts predict that Anthem will post $10.81 EPS for the current year.

In other Anthem news, insider Joseph Swedish sold 24,513 shares of the stock in a transaction dated Friday, November 11th. The stock was sold at an average price of $131.48, for a total transaction of $3,222,969.24. Following the sale, the insider now directly owns 87,381 shares of the company’s stock, valued at approximately $11,488,853.88. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Ronald W. Penczek sold 820 shares of the stock in a transaction dated Tuesday, November 22nd. The stock was sold at an average price of $138.29, for a total value of $113,397.80. Following the sale, the senior vice president now directly owns 1,320 shares in the company, valued at $182,542.80. The disclosure for this sale can be found here. Company insiders own 0.37% of the company’s stock.

Large investors have recently made changes to their positions in the company. FMR LLC increased its stake in shares of Anthem by 9.3% in the second quarter. FMR LLC now owns 9,033,602 shares of the company’s stock valued at $1,186,473,000 after buying an additional 770,894 shares in the last quarter. Artisan Partners Limited Partnership increased its stake in shares of Anthem by 44.8% in the second quarter. Artisan Partners Limited Partnership now owns 1,066,849 shares of the company’s stock valued at $140,120,000 after buying an additional 330,145 shares in the last quarter. Massachusetts Financial Services Co. MA increased its stake in shares of Anthem by 693.1% in the second quarter. Massachusetts Financial Services Co. MA now owns 336,610 shares of the company’s stock valued at $44,211,000 after buying an additional 294,166 shares in the last quarter. Waddell & Reed Financial Inc. increased its stake in shares of Anthem by 8.9% in the second quarter. Waddell & Reed Financial Inc. now owns 2,737,022 shares of the company’s stock valued at $359,481,000 after buying an additional 223,516 shares in the last quarter. Finally, Hotchkis & Wiley Capital Management LLC increased its stake in shares of Anthem by 7.7% in the second quarter. Hotchkis & Wiley Capital Management LLC now owns 2,465,551 shares of the company’s stock valued at $323,825,000 after buying an additional 176,293 shares in the last quarter. 89.13% of the stock is currently owned by institutional investors.

A number of research firms have weighed in on ANTM. Wells Fargo & Co. upgraded Anthem from a “market perform” rating to an “outperform” rating in a report on Tuesday, November 15th. Wolfe Research upgraded Anthem from a “market perform” rating to an “outperform” rating in a report on Tuesday. Zacks Investment Research lowered Anthem from a “hold” rating to a “sell” rating in a report on Friday, July 29th. Leerink Swann restated an “outperform” rating on shares of Anthem in a report on Tuesday, August 16th. Finally, FBR & Co restated a “market perform” rating and set a $155.00 target price on shares of Anthem in a report on Monday, August 15th. Eight research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $158.05.

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