Point View Wealth Management Inc. boosted its stake in shares of Anthem Inc (NYSE:ANTM) by 5.0% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 14,788 shares of the company’s stock after buying an additional 701 shares during the period. Anthem accounts for 1.3% of Point View Wealth Management Inc.’s investment portfolio, making the stock its 11th largest position. Point View Wealth Management Inc.’s holdings in Anthem were worth $2,446,000 at the end of the most recent quarter.
A number of other large investors have also recently bought and sold shares of ANTM. FTB Advisors Inc. raised its stake in shares of Anthem by 11.1% in the first quarter. FTB Advisors Inc. now owns 668 shares of the company’s stock valued at $117,000 after buying an additional 67 shares during the last quarter. SRB Corp increased its position in Anthem by 14.4% in the third quarter. SRB Corp now owns 1,220 shares of the company’s stock valued at $153,000 after buying an additional 154 shares during the period. Integrated Investment Consultants LLC increased its position in Anthem by 35.3% in the first quarter. Integrated Investment Consultants LLC now owns 1,150 shares of the company’s stock valued at $190,000 after buying an additional 300 shares during the period. Cpcm LLC acquired a new position in Anthem during the fourth quarter valued at approximately $203,000. Finally, Gamble Jones Investment Counsel acquired a new position in Anthem during the first quarter valued at approximately $206,000. Hedge funds and other institutional investors own 88.18% of the company’s stock.
Shares of Anthem Inc (NYSE:ANTM) opened at 186.69 on Tuesday. Anthem Inc has a one year low of $114.85 and a one year high of $188.28. The firm’s 50-day moving average is $178.10 and its 200-day moving average is $161.28. The stock has a market capitalization of $49.47 billion, a PE ratio of 18.09 and a beta of 0.69.
Anthem (NYSE:ANTM) last issued its quarterly earnings results on Wednesday, April 26th. The company reported $4.68 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $3.85 by $0.83. The firm had revenue of $22.32 billion during the quarter, compared to the consensus estimate of $21.23 billion. Anthem had a return on equity of 12.08% and a net margin of 2.91%. The company’s revenue for the quarter was up 9.9% on a year-over-year basis. During the same period last year, the company earned $3.46 earnings per share. On average, analysts expect that Anthem Inc will post $11.77 earnings per share for the current fiscal year. The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 23rd. Shareholders of record on Friday, June 9th will be given a $0.65 dividend. This represents a $2.60 annualized dividend and a yield of 1.39%. The ex-dividend date of this dividend is Wednesday, June 7th. Anthem’s payout ratio is 28.23%.
ANTM has been the topic of several research reports. Royal Bank of Canada restated a “buy” rating and set a $179.00 price objective on shares of Anthem in a research report on Friday, February 10th. Cantor Fitzgerald restated a “buy” rating and set a $136.00 price objective on shares of Anthem in a research report on Thursday, May 11th. Jefferies Group LLC lifted their target price on shares of Anthem from $172.00 to $177.00 and gave the stock a “hold” rating in a research report on Thursday, March 30th. Deutsche Bank AG began coverage on shares of Anthem in a research report on Wednesday, April 5th. They issued a “hold” rating and a $166.00 target price on the stock. Finally, Sanford C. Bernstein lifted their target price on shares of Anthem from $202.00 to $212.00 and gave the stock an “outperform” rating in a research report on Friday, April 28th. Ten equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $162.47. In other news, Director Julie A. Hill sold 555 shares of Anthem stock in a transaction dated Wednesday, May 24th. The stock was sold at an average price of $180.56, for a total value of $100,210.80. Following the transaction, the director now directly owns 37,448 shares of the company’s stock, valued at approximately $6,761,610.88. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Gloria M. Mccarthy sold 15,187 shares of the firm’s stock in a transaction dated Monday, April 3rd. The shares were sold at an average price of $166.38, for a total value of $2,526,813.06. Following the sale, the executive vice president now owns 59,144 shares in the company, valued at $9,840,378.72. The disclosure for this sale can be found here. Insiders sold 18,423 shares of company stock valued at $3,113,840 in the last quarter. 0.37% of the stock is currently owned by company insiders.
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