Crossmark Global Holdings Inc. acquired a new position in shares of Anthem, Inc. (NYSE:ANTM) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 34,106 shares of the company’s stock, valued at approximately $6,476,000.

A number of other hedge funds have also recently modified their holdings of ANTM. Vanguard Group Inc. grew its position in shares of Anthem by 2.8% in the 2nd quarter. Vanguard Group Inc. now owns 17,804,726 shares of the company’s stock valued at $3,349,603,000 after buying an additional 479,046 shares during the last quarter. Orbis Allan Gray Ltd grew its position in shares of Anthem by 4.3% in the 2nd quarter. Orbis Allan Gray Ltd now owns 4,252,021 shares of the company’s stock valued at $799,933,000 after buying an additional 176,023 shares during the last quarter. AQR Capital Management LLC grew its position in shares of Anthem by 11.5% in the 1st quarter. AQR Capital Management LLC now owns 3,068,384 shares of the company’s stock valued at $507,449,000 after buying an additional 315,756 shares during the last quarter. First Eagle Investment Management LLC grew its position in shares of Anthem by 1.5% in the 2nd quarter. First Eagle Investment Management LLC now owns 3,032,773 shares of the company’s stock valued at $570,556,000 after buying an additional 43,843 shares during the last quarter. Finally, APG Asset Management N.V. grew its position in shares of Anthem by 24.1% in the 3rd quarter. APG Asset Management N.V. now owns 1,925,522 shares of the company’s stock valued at $365,618,000 after buying an additional 373,500 shares during the last quarter. Institutional investors and hedge funds own 88.06% of the company’s stock.

Anthem, Inc. (NYSE ANTM) opened at 209.21 on Wednesday. The firm has a market capitalization of $54.94 billion, a P/E ratio of 19.78 and a beta of 0.71. Anthem, Inc. has a 1-year low of $114.85 and a 1-year high of $212.07. The company’s 50-day moving average price is $191.43 and its 200-day moving average price is $187.81.

Anthem (NYSE:ANTM) last posted its quarterly earnings data on Wednesday, October 25th. The company reported $2.65 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $2.40 by $0.25. The business had revenue of $22.10 billion for the quarter, compared to analysts’ expectations of $22.10 billion. Anthem had a return on equity of 12.97% and a net margin of 3.35%. The business’s revenue was up 4.6% on a year-over-year basis. During the same period in the previous year, the firm posted $2.45 EPS. Equities research analysts expect that Anthem, Inc. will post $11.94 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 21st. Shareholders of record on Tuesday, December 5th will be given a dividend of $0.70 per share. The ex-dividend date is Monday, December 4th. This represents a $2.80 annualized dividend and a yield of 1.34%. Anthem’s payout ratio is 25.32%.

In other Anthem news, insider Joseph Swedish sold 21,125 shares of Anthem stock in a transaction that occurred on Friday, September 1st. The stock was sold at an average price of $197.00, for a total transaction of $4,161,625.00. Following the sale, the insider now directly owns 87,668 shares of the company’s stock, valued at approximately $17,270,596. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Julie A. Hill sold 524 shares of Anthem stock in a transaction that occurred on Thursday, August 10th. The shares were 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 in the company, valued at $7,045,099.20. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 51,901 shares of company stock worth $10,034,202. Insiders own 0.36% of the company’s stock.

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A number of research firms have commented on ANTM. Zacks Investment Research lowered Anthem from a “buy” rating to a “hold” rating in a research report on Wednesday, August 23rd. Jefferies Group LLC reiterated a “hold” rating and issued a $204.00 price target on shares of Anthem in a research report on Sunday, August 20th. Deutsche Bank AG upped their price target on Anthem from $173.00 to $185.00 and gave the company a “hold” rating in a research report on Thursday, July 13th. BidaskClub lowered Anthem from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, July 19th. Finally, Cantor Fitzgerald reiterated a “buy” rating and issued a $220.00 price target on shares of Anthem in a research report on Wednesday, October 25th. Nine analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $193.18.

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.

Institutional Ownership by Quarter for Anthem (NYSE:ANTM)

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