Anthem Inc (NYSE:ANTM) – Analysts at SunTrust Banks issued their Q2 2018 earnings per share (EPS) estimates for shares of Anthem in a research report issued to clients and investors on Monday, June 11th. SunTrust Banks analyst D. Macdonald anticipates that the company will post earnings of $4.20 per share for the quarter. SunTrust Banks also issued estimates for Anthem’s Q3 2018 earnings at $3.72 EPS, Q4 2018 earnings at $2.10 EPS, FY2018 earnings at $15.42 EPS, Q1 2019 earnings at $5.72 EPS, Q2 2019 earnings at $4.75 EPS, Q3 2019 earnings at $4.12 EPS, Q4 2019 earnings at $2.29 EPS and FY2019 earnings at $16.88 EPS.
Several other analysts have also recently commented on ANTM. Barclays started coverage on shares of Anthem in a research note on Thursday, March 8th. They issued an “overweight” rating and a $270.00 target price for the company. Zacks Investment Research cut shares of Anthem from a “buy” rating to a “hold” rating in a research note on Tuesday, April 3rd. Cantor Fitzgerald restated a “buy” rating and issued a $275.00 target price on shares of Anthem in a research note on Wednesday, April 25th. JPMorgan Chase & Co. upgraded shares of Anthem from a “neutral” rating to an “overweight” rating in a research note on Thursday, April 26th. Finally, Sanford C. Bernstein set a $332.00 target price on shares of Anthem and gave the stock an “outperform” rating in a research note on Thursday, April 26th. Six analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $249.00.
Anthem (NYSE:ANTM) last issued its quarterly earnings results on Wednesday, April 25th. The company reported $5.41 earnings per share for the quarter, topping the Zacks’ consensus estimate of $4.83 by $0.58. The firm had revenue of $22.34 billion during the quarter, compared to analysts’ expectations of $22.55 billion. Anthem had a net margin of 4.60% and a return on equity of 12.77%. Anthem’s quarterly revenue was up .1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $4.68 EPS.
The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 25th. Investors of record on Friday, June 8th will be paid a $0.75 dividend. This represents a $3.00 annualized dividend and a dividend yield of 1.22%. The ex-dividend date of this dividend is Thursday, June 7th. Anthem’s dividend payout ratio (DPR) is 24.92%.
In related news, Director Robert L. Dixon, Jr. sold 1,000 shares of the firm’s stock in a transaction dated Friday, May 18th. The shares were sold at an average price of $231.10, for a total value of $231,100.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Brian T. Griffin sold 59,421 shares of the firm’s stock in a transaction dated Thursday, May 3rd. The shares were sold at an average price of $224.41, for a total transaction of $13,334,666.61. Following the completion of the sale, the chief executive officer now owns 25,619 shares of the company’s stock, valued at approximately $5,749,159.79. The disclosure for this sale can be found here. Insiders sold 61,421 shares of company stock valued at $13,798,767 in the last quarter. Company insiders own 0.31% of the company’s stock.
A number of large investors have recently bought and sold shares of the business. Dynamic Technology Lab Private Ltd increased its holdings in Anthem by 156.3% during the 1st quarter. Dynamic Technology Lab Private Ltd now owns 4,100 shares of the company’s stock valued at $901,000 after acquiring an additional 2,500 shares in the last quarter. 180 Wealth Advisors LLC purchased a new position in Anthem during the 1st quarter valued at about $258,000. Suntrust Banks Inc. increased its holdings in Anthem by 15.1% during the 1st quarter. Suntrust Banks Inc. now owns 45,048 shares of the company’s stock valued at $9,896,000 after acquiring an additional 5,911 shares in the last quarter. Trilogy Capital Inc. purchased a new position in Anthem during the 1st quarter valued at about $428,000. Finally, Financial Gravity Wealth Inc. purchased a new position in Anthem during the 1st quarter valued at about $103,000. Hedge funds and other institutional investors own 87.62% of the company’s stock.
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.
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.