10 15 Associates Inc. decreased its stake in Anthem Inc (NYSE:ANTM) by 0.5% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 44,707 shares of the company’s stock after selling 223 shares during the quarter. Anthem accounts for about 2.5% of 10 15 Associates Inc.’s investment portfolio, making the stock its 11th largest holding. 10 15 Associates Inc.’s holdings in Anthem were worth $13,503,000 as of its most recent filing with the Securities & Exchange Commission.
Several other large investors also recently added to or reduced their stakes in the stock. Patriot Financial Group Insurance Agency LLC boosted its position in Anthem by 8.2% during the 4th quarter. Patriot Financial Group Insurance Agency LLC now owns 565 shares of the company’s stock worth $171,000 after acquiring an additional 43 shares during the period. Signature Estate & Investment Advisors LLC raised its stake in shares of Anthem by 3.2% during the 3rd quarter. Signature Estate & Investment Advisors LLC now owns 1,431 shares of the company’s stock worth $344,000 after purchasing an additional 45 shares in the last quarter. Hollencrest Capital Management raised its stake in shares of Anthem by 3.2% during the 3rd quarter. Hollencrest Capital Management now owns 1,494 shares of the company’s stock worth $359,000 after purchasing an additional 47 shares in the last quarter. JGP Global Gestao de Recursos Ltda. raised its stake in shares of Anthem by 2.0% during the 3rd quarter. JGP Global Gestao de Recursos Ltda. now owns 2,446 shares of the company’s stock worth $587,000 after purchasing an additional 47 shares in the last quarter. Finally, Municipal Employees Retirement System of Michigan raised its stake in shares of Anthem by 0.8% during the 3rd quarter. Municipal Employees Retirement System of Michigan now owns 6,540 shares of the company’s stock worth $1,570,000 after purchasing an additional 50 shares in the last quarter. Institutional investors and hedge funds own 88.13% of the company’s stock.
Shares of ANTM stock opened at $297.28 on Friday. The stock’s 50 day simple moving average is $298.53 and its 200 day simple moving average is $278.46. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.70 and a current ratio of 1.70. Anthem Inc has a twelve month low of $227.16 and a twelve month high of $317.99. The company has a market capitalization of $77.18 billion, a price-to-earnings ratio of 18.09, a PEG ratio of 0.85 and a beta of 0.76.
Anthem (NYSE:ANTM) last issued its quarterly earnings data on Wednesday, October 23rd. The company reported $4.87 earnings per share for the quarter, beating the Zacks’ consensus estimate of $4.82 by $0.05. Anthem had a return on equity of 15.59% and a net margin of 4.29%. The business had revenue of $26.44 billion for the quarter, compared to the consensus estimate of $25.88 billion. During the same period last year, the business earned $3.81 EPS. The firm’s revenue was up 15.1% compared to the same quarter last year. On average, analysts forecast that Anthem Inc will post 19.43 EPS for the current fiscal year.
A number of equities research analysts have recently weighed in on the company. Evercore ISI raised Anthem from an “in-line” rating to an “outperform” rating in a research note on Friday, January 3rd. Credit Suisse Group raised their price target on Anthem from $340.00 to $380.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 8th. Mizuho assumed coverage on Anthem in a research note on Thursday, October 17th. They set a “neutral” rating and a $262.00 price target for the company. ValuEngine downgraded Anthem from a “hold” rating to a “sell” rating in a research note on Tuesday, January 7th. Finally, JPMorgan Chase & Co. raised their price target on Anthem from $322.00 to $391.00 and gave the stock an “overweight” rating in a research note on Friday, December 20th. One analyst has rated the stock with a sell rating, four have issued a hold rating and twelve have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of $330.83.
In related news, CAO Ronald W. Penczek sold 816 shares of the firm’s stock in a transaction that occurred on Wednesday, November 13th. The stock was sold at an average price of $287.00, for a total value of $234,192.00. Following the transaction, the chief accounting officer now directly owns 2,295 shares of the company’s stock, valued at approximately $658,665. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Peter D. Haytaian sold 12,095 shares of the firm’s stock in a transaction that occurred on Monday, November 18th. The shares were sold at an average price of $300.00, for a total value of $3,628,500.00. Following the completion of the transaction, the executive vice president now directly owns 41,377 shares in the company, valued at $12,413,100. The disclosure for this sale can be found here. Insiders sold a total of 33,097 shares of company stock worth $9,503,088 over the last three months. 0.17% of the stock is owned by company insiders.
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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