Anthem Inc. (ANTM) To Go Ex-Dividend on December 1st
Anthem Inc. (NYSE:ANTM) declared a quarterly dividend on Wednesday, November 2nd. Investors of record on Monday, December 5th will be paid a dividend of 0.65 per share on Wednesday, December 21st. This represents a $2.60 dividend on an annualized basis and a yield of 1.79%. The ex-dividend date of this dividend is Thursday, December 1st.
Anthem (NYSE:ANTM) opened at 145.28 on Wednesday. Anthem has a 52 week low of $114.85 and a 52 week high of $148.00. The company has a market cap of $38.27 billion, a PE ratio of 17.05 and a beta of 0.57. The company has a 50-day moving average of $128.22 and a 200-day moving average of $129.31.
Anthem (NYSE:ANTM) last posted its quarterly earnings data on Wednesday, November 2nd. The company reported $2.45 EPS for the quarter, missing the consensus estimate of $2.47 by $0.02. The firm had revenue of $21.13 billion for the quarter, compared to analysts’ expectations of $20.77 billion. Anthem had a return on equity of 11.64% and a net margin of 2.74%. The firm’s quarterly revenue was up 6.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.73 earnings per share. On average, equities analysts expect that Anthem will post $10.81 EPS for the current year.
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Several research analysts have commented on the stock. Wells Fargo & Co. raised shares of Anthem from a “market perform” rating to an “outperform” rating in a research note on Tuesday, November 15th. Cantor Fitzgerald set a $125.00 price objective on shares of Anthem and gave the stock a “hold” rating in a research note on Wednesday, November 2nd. Evercore ISI started coverage on shares of Anthem in a research note on Thursday, September 22nd. They set a “hold” rating and a $133.00 price objective for the company. Zacks Investment Research upgraded Anthem from a “sell” rating to a “hold” rating in a research report on Monday, November 7th. Finally, Leerink Swann lifted their target price on Anthem from $155.00 to $160.00 and gave the stock an “outperform” rating in a research report on Thursday, November 3rd. Eight investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. Anthem presently has a consensus rating of “Buy” and a consensus price target of $158.39.
In other news, insider Joseph Swedish sold 24,513 shares of the business’s stock in a transaction dated Friday, November 11th. The stock was sold at an average price of $131.48, for a total transaction of $3,222,969.24. Following the sale, the insider now owns 87,381 shares in the company, valued at $11,488,853.88. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Ronald W. Penczek sold 820 shares of the business’s stock in a transaction dated Tuesday, November 22nd. The stock was sold at an average price of $138.29, for a total value of $113,397.80. Following the sale, the senior vice president now owns 1,320 shares in the company, valued at approximately $182,542.80. The disclosure for this sale can be found here. Insiders own 0.37% of the company’s stock.
Several large investors have recently modified their holdings of ANTM. FMR LLC raised its stake in shares of Anthem by 9.3% in the second quarter. FMR LLC now owns 9,033,602 shares of the company’s stock worth $1,186,473,000 after buying an additional 770,894 shares during the last quarter. Artisan Partners Limited Partnership raised its stake in shares of Anthem by 44.8% in the second quarter. Artisan Partners Limited Partnership now owns 1,066,849 shares of the company’s stock worth $140,120,000 after buying an additional 330,145 shares during the last quarter. Massachusetts Financial Services Co. MA raised its stake in shares of Anthem by 693.1% in the second quarter. Massachusetts Financial Services Co. MA now owns 336,610 shares of the company’s stock worth $44,211,000 after buying an additional 294,166 shares during the last quarter. Waddell & Reed Financial Inc. raised its stake in shares of Anthem by 8.9% in the second quarter. Waddell & Reed Financial Inc. now owns 2,737,022 shares of the company’s stock worth $359,481,000 after buying an additional 223,516 shares in the last quarter. Finally, Hotchkis & Wiley Capital Management LLC raised its stake in shares of Anthem by 7.7% in the second quarter. Hotchkis & Wiley Capital Management LLC now owns 2,465,551 shares of the company’s stock worth $323,825,000 after buying an additional 176,293 shares in the last quarter. Institutional investors and hedge funds own 87.18% of the company’s stock.
Anthem Company Profile
Anthem, Inc is a health benefit company. The Company offers a range of network-based managed care plans to large and small employer, individual, Medicaid and Medicare markets. The Company has three segments: Commercial and Specialty Business, Government Business and Other. The Company’s Commercial and Specialty Business, and Government Business segments offer managed care products, including preferred provider organizations (PPOs), health maintenance organizations (HMOs), traditional indemnity benefits and point-of-service (POS) plans, as well as various hybrid benefit plans, including consumer-driven health plans (CDHPs), hospital only and limited benefit products.
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