Atlantic Trust Group LLC Acquires Shares of 467660 Anthem Inc (NYSE:ANTM)

Galtero Lara
Enero 13, 2018

Zacks Investment Research upgraded shares of Anthem (NYSE:ANTM) from a hold rating to a buy rating in a report published on Wednesday, January 3rd. The firm issued a neutral rating and a $243.00 price objective on the stock.

ANTM has been the topic of a number of other reports. Morgan Stanley boosted their price objective on shares of Anthem from $201.00 to $215.00 and gave the company an "equal weight" rating in a research note on Thursday, October 26th. The firm has "Buy" rating given on Monday, November 6 by Cantor Fitzgerald. The stock has "Hold" rating by Jefferies on Wednesday, October 25. Anthem presently has an average rating of Buy and an average price target of $160.32.

Anthem (NYSE:ANTM) traded up $1.11 on Wednesday, hitting $235.00. The company's stock had a trading volume of 1,916,500 shares, compared to its average volume of 1,600,000. The stock has a market capitalization of $61,190.00, a P/E ratio of 21.25, a price-to-earnings-growth ratio of 1.70 and a beta of 0.79. The company reported $1.76 EPS for the quarter, beating the consensus estimate of $1.61 by $0.15. Anthem has a 1-year low of $114.85 and a 1-year high of $161.80. Anthem, Inc. (NYSE:ANTM) has risen 31.86% since January 12, 2017 and is uptrending. The firm had revenue of $22.10 billion for the quarter, compared to the consensus estimate of $22.10 billion. Anthem had a net margin of 2.91% and a return on equity of 12.08%. If the $258.69 price target is reached, the company will be worth $4.92 billion more. During the same period in the previous year, the firm earned $2.45 EPS. sell-side analysts anticipate that Anthem will post 11.97 earnings per share for the current fiscal year. Stockholders of record on Tuesday, December 5th were given a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a dividend yield of 1.17%. The ex-dividend date of this dividend was Monday, December 4th.

Anthem declared that its Board of Directors has approved a share repurchase plan on Thursday, December 7th that permits the company to buyback $5.00 billion in shares. Following the completion of the sale, the insider now owns 87,381 shares of the company's stock, valued at approximately $11,488,853.88. Shares repurchase programs are generally a sign that the company's board of directors believes its shares are undervalued. Also, insider Joseph Swedish sold 24,513 shares of the stock in a transaction dated Friday, November 11th. There were 62 sold out positions, on the other hand, totaling 1,660,695 shares. Following the completion of the sale, the senior vice president now owns 1,320 shares in the company, valued at $182,542.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. (ANTM), there were 63 new positions totaling 3,234,062 shares of the company's stock. Of those transactions, there were 56,481 shares of ANTM bought and 205,770 shares sold. The disclosure for this sale can be found here. Insiders sold 59,259 shares of company stock worth $13,194,281 in the last 90 days. Insiders own 0.37% of the company's stock. Institutional investors and hedge funds own 88.47% of the company's stock. Janus Henderson Group PLC grew its position in shares of Anthem by 2,835.4% in the 2nd quarter. About 255,708 shares traded. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its stake in Anthem by 12.9% in the second quarter. Vanguard Group Inc. now owns 17,804,726 shares of the company's stock worth $3,349,603,000 after buying an additional 479,046 shares during the period.

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Meanwhile, during the same quarter Anthem, Inc. Emerald Acquisition Ltd. bought a new stake in Anthem during the second quarter worth about $242,981,000. Swiss National Bank boosted its holdings in Anthem by 3.3% during the 2nd quarter. Xact Kapitalforvaltning AB now owns 46,610 shares of the company's stock valued at $8,850,000 after purchasing an additional 873 shares in the last quarter.

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Anthem, Inc is a health benefit company. The Company operates through three segments: Commercial and Specialty Business, Government Business and Other. The Company offers a range of network-based managed care plans to large and small employer, individual, Medicaid and Medicare markets.

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