Daiwa Securities Group Inc. Acquires 498 Shares of Anthem Inc (NYSE:ANTM)
Daiwa Securities Group Inc. lifted its holdings in Anthem Inc (NYSE:ANTM) by 3.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,913 shares of the company’s stock after purchasing an additional 498 shares during the quarter. Daiwa Securities Group Inc.’s holdings in Anthem were worth $3,341,000 as of its most recent SEC filing.
Several other hedge funds have also made changes to their positions in the company. Vanguard Group Inc. increased its holdings in shares of Anthem by 0.8% in the second quarter. Vanguard Group Inc. now owns 19,470,785 shares of the company’s stock valued at $5,494,850,000 after purchasing an additional 146,654 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC increased its holdings in shares of Anthem by 101.2% in the second quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 3,821,672 shares of the company’s stock valued at $1,078,514,000 after purchasing an additional 1,921,814 shares during the last quarter. Northern Trust Corp increased its holdings in shares of Anthem by 1.5% in the second quarter. Northern Trust Corp now owns 3,169,731 shares of the company’s stock valued at $894,530,000 after purchasing an additional 47,621 shares during the last quarter. Bank of New York Mellon Corp increased its holdings in shares of Anthem by 9.3% in the second quarter. Bank of New York Mellon Corp now owns 2,582,640 shares of the company’s stock valued at $728,848,000 after purchasing an additional 219,003 shares during the last quarter. Finally, Boston Partners increased its holdings in shares of Anthem by 33.9% in the second quarter. Boston Partners now owns 2,437,084 shares of the company’s stock valued at $688,249,000 after purchasing an additional 617,137 shares during the last quarter. 89.09% of the stock is currently owned by institutional investors and hedge funds.
In related news, EVP Peter D. Haytaian sold 9,586 shares of the company’s stock in a transaction dated Monday, October 28th. The shares were sold at an average price of $269.57, for a total transaction of $2,584,098.02. Following the completion of the sale, the executive vice president now owns 42,488 shares of the company’s stock, valued at $11,453,490.16. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.17% of the company’s stock.
Anthem (NYSE:ANTM) last announced its earnings results on Wednesday, October 23rd. The company reported $4.87 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $4.82 by $0.05. The company had revenue of $26.44 billion during the quarter, compared to analysts’ expectations of $25.88 billion. Anthem had a net margin of 4.29% and a return on equity of 15.59%. Anthem’s quarterly revenue was up 15.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $3.81 earnings per share. Equities research analysts predict that Anthem Inc will post 19.43 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Friday, December 20th. Stockholders of record on Thursday, December 5th will be given a $0.80 dividend. The ex-dividend date of this dividend is Wednesday, December 4th. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.13%. Anthem’s payout ratio is presently 20.14%.
Several equities analysts have commented on ANTM shares. ValuEngine downgraded shares of Anthem from a “hold” rating to a “sell” rating in a report on Friday, November 1st. Mizuho started coverage on shares of Anthem in a report on Thursday, October 17th. They issued a “neutral” rating and a $262.00 price objective on the stock. Wells Fargo & Co reiterated a “buy” rating on shares of Anthem in a report on Friday, July 26th. Zacks Investment Research downgraded shares of Anthem from a “buy” rating to a “hold” rating and set a $289.00 price objective on the stock. in a report on Monday, August 19th. Finally, Credit Suisse Group decreased their price objective on shares of Anthem from $345.00 to $340.00 and set an “outperform” rating on the stock in a report on Thursday, October 24th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and thirteen have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of $319.72.
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.
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