Texas Yale Capital Corp. held its position in Anthem, Inc. (NYSE:ANTM) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,997 shares of the company’s stock at the end of the second quarter. Texas Yale Capital Corp.’s holdings in Anthem were worth $376,000 as of its most recent filing with the SEC.
Other institutional investors have also bought and sold shares of the company. FTB Advisors Inc. raised its position in Anthem by 11.1% in the first quarter. FTB Advisors Inc. now owns 668 shares of the company’s stock valued at $117,000 after buying an additional 67 shares during the last quarter. Westside Investment Management Inc. raised its position in Anthem by 33.6% in the first quarter. Westside Investment Management Inc. now owns 795 shares of the company’s stock valued at $131,000 after buying an additional 200 shares during the last quarter. Focused Wealth Management Inc purchased a new position in Anthem during the first quarter valued at $149,000. Cedar Wealth Management LLC raised its position in Anthem by 1.7% in the second quarter. Cedar Wealth Management LLC now owns 908 shares of the company’s stock valued at $171,000 after buying an additional 15 shares during the last quarter. Finally, Guardian Life Insurance Co. of America raised its position in Anthem by 0.7% in the first quarter. Guardian Life Insurance Co. of America now owns 1,016 shares of the company’s stock valued at $168,000 after buying an additional 7 shares during the last quarter. Hedge funds and other institutional investors own 89.48% of the company’s stock.
Shares of Anthem, Inc. (NYSE:ANTM) opened at 194.95 on Wednesday. The company’s 50-day moving average is $190.53 and its 200 day moving average is $178.01. Anthem, Inc. has a 52 week low of $114.85 and a 52 week high of $196.48. The stock has a market capitalization of $51.19 billion, a P/E ratio of 18.43 and a beta of 0.73.
Anthem (NYSE:ANTM) last announced its earnings results on Wednesday, July 26th. The company reported $3.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.23 by $0.14. The firm had revenue of $22.20 billion during the quarter, compared to analysts’ expectations of $22.25 billion. Anthem had a return on equity of 12.93% and a net margin of 3.24%. The company’s revenue was up 4.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $3.33 earnings per share. On average, equities analysts forecast that Anthem, Inc. will post $11.82 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Monday, September 25th. Shareholders of record on Friday, September 8th will be given a dividend of $0.70 per share. The ex-dividend date is Thursday, September 7th. This represents a $2.80 dividend on an annualized basis and a yield of 1.44%. This is a boost from Anthem’s previous quarterly dividend of $0.65. Anthem’s dividend payout ratio is presently 24.62%.
Several equities analysts have weighed in on the stock. Cantor Fitzgerald reiterated a “buy” rating and issued a $136.00 target price on shares of Anthem in a report on Thursday, May 11th. Morgan Stanley assumed coverage on shares of Anthem in a research note on Tuesday, June 6th. They issued an “equal weight” rating and a $196.00 price target on the stock. Bank of America Corporation boosted their price target on shares of Anthem from $224.00 to $228.00 and gave the company a “buy” rating in a research note on Friday, July 14th. Deutsche Bank AG boosted their price target on shares of Anthem from $173.00 to $185.00 and gave the company a “hold” rating in a research note on Thursday, July 13th. Finally, Citigroup Inc. reissued a “buy” rating and issued a $205.00 price target on shares of Anthem in a research note on Wednesday, June 28th. Eleven investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $181.76.
In other Anthem news, Director Ramiro G. Peru sold 2,681 shares of the company’s stock in a transaction that occurred on Tuesday, May 30th. The stock was sold at an average price of $181.58, for a total transaction of $486,815.98. Following the completion of the sale, the director now owns 13,571 shares of the company’s stock, valued at $2,464,222.18. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Julie A. Hill sold 524 shares of the company’s stock in a transaction that occurred on Thursday, August 10th. The stock was sold at an average price of $190.80, for a total value of $99,979.20. Following the sale, the director now directly owns 36,924 shares of the company’s stock, valued at approximately $7,045,099.20. The disclosure for this sale can be found here. Insiders have sold 13,199 shares of company stock valued at $2,494,862 in the last ninety days. Company insiders own 0.36% of the company’s stock.
About Anthem
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.
Receive News & Ratings for Anthem Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Anthem Inc. and related companies with MarketBeat.com's FREE daily email newsletter.
