Trade Report: Today: Swiss National Bank Reduces Position in Anthem Inc. (ANTM)

Today: Swiss National Bank Reduces Position in Anthem Inc. (ANTM)

Swiss National Bank cut its position in shares of Anthem Inc. (NYSE:ANTM) by 0.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 783,041 shares of the company’s stock after selling 5,700 shares during the period. Swiss National Bank owned about 0.29% of Anthem worth $98,123,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Sentry Investment Management LLC raised its stake in shares of Anthem by 1.4% in the third quarter. Sentry Investment Management LLC now owns 20,236 shares of the company’s stock worth $2,536,000 after buying an additional 271 shares during the last quarter. Global X Management Co. LLC raised its stake in shares of Anthem by 182.3% in the third quarter. Global X Management Co. LLC now owns 2,597 shares of the company’s stock worth $325,000 after buying an additional 1,677 shares during the last quarter. Sei Investments Co. raised its stake in shares of Anthem by 0.7% in the third quarter. Sei Investments Co. now owns 311,255 shares of the company’s stock worth $39,003,000 after buying an additional 2,040 shares during the last quarter. UBS Asset Management Americas Inc. raised its stake in shares of Anthem by 5.0% in the third quarter. UBS Asset Management Americas Inc. now owns 903,214 shares of the company’s stock worth $113,182,000 after buying an additional 42,771 shares during the last quarter. Finally, TIAA CREF Trust Co. FSB MO purchased a new stake in shares of Anthem during the third quarter worth about $1,591,000. Hedge funds and other institutional investors own 87.18% of the company’s stock.

Shares of Anthem Inc. (NYSE:ANTM) opened at 144.74 on Monday. The firm has a 50-day moving average of $127.61 and a 200 day moving average of $129.41. The stock has a market capitalization of $38.13 billion, a price-to-earnings ratio of 16.99 and a beta of 0.57. Anthem Inc. has a 12-month low of $114.85 and a 12-month high of $148.00.

Anthem (NYSE:ANTM) last announced its quarterly earnings data on Wednesday, November 2nd. The company reported $2.45 earnings per share for the quarter, missing the Zacks’ consensus estimate of $2.47 by $0.02. Anthem had a net margin of 2.74% and a return on equity of 11.64%. The firm earned $21.13 billion during the quarter, compared to analyst estimates of $20.77 billion. During the same quarter in the previous year, the business posted $2.73 earnings per share. Anthem’s revenue for the quarter was up 6.8% compared to the same quarter last year. Equities analysts forecast that Anthem Inc. will post $10.81 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 21st. Stockholders of record on Monday, December 5th will be issued a $0.65 dividend. The ex-dividend date is Thursday, December 1st. This represents a $2.60 dividend on an annualized basis and a dividend yield of 1.80%. Anthem’s payout ratio is 30.52%.

A number of analysts recently issued reports on the company. Wolfe Research raised shares of Anthem from a “market perform” rating to an “outperform” rating and set a $173.00 price objective for the company in a research note on Tuesday, November 22nd. Wells Fargo & Co. raised shares of Anthem from a “market perform” rating to an “outperform” rating in a research note on Tuesday, November 15th. Zacks Investment Research raised shares of Anthem from a “sell” rating to a “hold” rating in a research note on Monday, November 7th. Leerink Swann boosted their price objective on shares of Anthem from $155.00 to $160.00 and gave the stock an “outperform” rating in a research note on Thursday, November 3rd. Finally, Cantor Fitzgerald set a $125.00 price objective on shares of Anthem and gave the stock a “hold” rating in a research note on Wednesday, November 2nd. Eight analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $158.39.

In other news, SVP Ronald W. Penczek sold 820 shares of the firm’s stock in a transaction on Tuesday, November 22nd. The shares were 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 approximately $182,542.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Joseph Swedish sold 24,513 shares of the firm’s stock in a transaction on Friday, November 11th. The shares were sold at an average price of $131.48, for a total transaction of $3,222,969.24. Following the completion of the sale, the insider now owns 87,381 shares in the company, valued at $11,488,853.88. The disclosure for this sale can be found here. 0.37% of the stock is currently owned by insiders.

About Anthem

Related posts

Leave a Comment