O Shaughnessy Asset Management LLC Has $28.28 Million Stock Position in Anthem, Inc. (NYSE:ANTM)

O Shaughnessy Asset Management LLC decreased its holdings in shares of Anthem, Inc. (NYSE:ANTMGet Rating) by 3.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 61,014 shares of the company’s stock after selling 1,866 shares during the quarter. O Shaughnessy Asset Management LLC’s holdings in Anthem were worth $28,282,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Industrial Alliance Investment Management Inc. acquired a new position in shares of Anthem during the 4th quarter worth $26,000. MV Capital Management Inc. increased its stake in shares of Anthem by 76.7% during the 3rd quarter. MV Capital Management Inc. now owns 76 shares of the company’s stock worth $28,000 after purchasing an additional 33 shares during the last quarter. Trust Co. of Vermont acquired a new position in shares of Anthem during the 4th quarter worth $31,000. Bell Investment Advisors Inc acquired a new position in shares of Anthem during the 3rd quarter worth $37,000. Finally, Fieldpoint Private Securities LLC increased its stake in shares of Anthem by 57.8% during the 3rd quarter. Fieldpoint Private Securities LLC now owns 101 shares of the company’s stock worth $38,000 after purchasing an additional 37 shares during the last quarter. Institutional investors own 84.28% of the company’s stock.

Shares of ANTM stock traded up $3.53 during mid-day trading on Thursday, reaching $479.92. The company’s stock had a trading volume of 1,284,891 shares, compared to its average volume of 1,193,833. Anthem, Inc. has a 1-year low of $355.43 and a 1-year high of $533.68. The company has a market cap of $115.70 billion, a P/E ratio of 18.89, a PEG ratio of 1.39 and a beta of 0.97. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.36 and a current ratio of 1.36. The firm’s 50-day moving average is $495.32 and its two-hundred day moving average is $460.01.

Anthem (NYSE:ANTMGet Rating) last announced its quarterly earnings data on Wednesday, April 20th. The company reported $8.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $7.81 by $0.44. Anthem had a net margin of 4.33% and a return on equity of 18.71%. The company had revenue of $38.10 billion during the quarter, compared to analysts’ expectations of $37.28 billion. During the same quarter in the prior year, the company posted $7.01 EPS. The business’s revenue was up 17.6% on a year-over-year basis. Sell-side analysts anticipate that Anthem, Inc. will post 28.55 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, June 24th. Investors of record on Friday, June 10th will be given a dividend of $1.28 per share. The ex-dividend date is Thursday, June 9th. This represents a $5.12 dividend on an annualized basis and a dividend yield of 1.07%. This is a boost from Anthem’s previous quarterly dividend of $1.13. Anthem’s dividend payout ratio (DPR) is 20.16%.

Several analysts recently issued reports on ANTM shares. Cowen upped their price objective on shares of Anthem from $472.00 to $642.00 in a report on Thursday, April 21st. Truist Financial upped their price objective on shares of Anthem from $590.00 to $610.00 in a report on Thursday, April 21st. Credit Suisse Group upped their price objective on shares of Anthem from $518.00 to $584.00 and gave the stock an “outperform” rating in a report on Thursday, April 21st. SVB Leerink upped their price objective on shares of Anthem from $483.00 to $555.00 and gave the stock a “market perform” rating in a report on Thursday, April 21st. Finally, Jefferies Financial Group upped their price objective on shares of Anthem from $575.00 to $625.00 in a report on Thursday, April 21st. Two analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, Anthem presently has a consensus rating of “Buy” and a consensus target price of $545.23.

In related news, EVP Peter D. Haytaian sold 17,703 shares of the stock in a transaction dated Thursday, March 10th. The shares were sold at an average price of $460.71, for a total transaction of $8,155,949.13. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Ronald W. Penczek sold 2,423 shares of the stock in a transaction dated Thursday, March 3rd. The stock was sold at an average price of $463.68, for a total transaction of $1,123,496.64. The disclosure for this sale can be found here. Company insiders own 0.28% of the company’s stock.

Anthem Company Profile (Get Rating)

Anthem, Inc, through its subsidiaries, operates as a health benefits company in the United States. It operates through four segments: Commercial & Specialty Business, Government Business, IngenioRx, and Other. The company offers a spectrum of network-based managed care health benefit plans to large and small groups, individuals, Medicaid, and Medicare markets.

Further Reading

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Institutional Ownership by Quarter for Anthem (NYSE:ANTM)

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