2,000 Shares in Anthem Inc (ANTM) Acquired by Chicago Capital LLC

Chicago Capital LLC acquired a new stake in shares of Anthem Inc (NYSE:ANTM) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 2,000 shares of the company’s stock, valued at approximately $439,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Calton & Associates Inc. purchased a new stake in shares of Anthem during the 4th quarter valued at $100,000. Reilly Financial Advisors LLC boosted its position in Anthem by 144.9% during the 1st quarter. Reilly Financial Advisors LLC now owns 556 shares of the company’s stock worth $122,000 after purchasing an additional 329 shares during the period. Icon Wealth Partners LLC purchased a new stake in Anthem during the 4th quarter worth $126,000. ClariVest Asset Management LLC boosted its position in Anthem by 884.4% during the 1st quarter. ClariVest Asset Management LLC now owns 630 shares of the company’s stock worth $139,000 after purchasing an additional 566 shares during the period. Finally, Smart Portfolios LLC purchased a new stake in Anthem during the 1st quarter worth $161,000. 87.71% of the stock is owned by institutional investors.

A number of brokerages recently weighed in on ANTM. Wells Fargo & Co upped their price target on shares of Anthem from $260.00 to $275.00 and gave the stock an “outperform” rating in a research report on Thursday, February 1st. Sanford C. Bernstein set a $332.00 price target on shares of Anthem and gave the stock an “outperform” rating in a research report on Thursday, April 26th. Cantor Fitzgerald reaffirmed a “buy” rating and set a $275.00 price target on shares of Anthem in a research report on Wednesday, April 25th. Morgan Stanley upped their price target on shares of Anthem from $247.00 to $266.00 and gave the stock an “equal weight” rating in a research report on Thursday, February 1st. Finally, Cowen reaffirmed a “buy” rating and set a $280.00 price target on shares of Anthem in a research report on Wednesday, January 31st. Five equities research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $249.00.

Anthem opened at $233.93 on Wednesday, Marketbeat.com reports. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.49 and a quick ratio of 1.49. The stock has a market capitalization of $59.63 billion, a price-to-earnings ratio of 19.43, a PEG ratio of 1.30 and a beta of 0.87. Anthem Inc has a 1-year low of $175.66 and a 1-year high of $267.95.

Anthem (NYSE:ANTM) last posted its quarterly earnings data on Wednesday, April 25th. The company reported $5.41 earnings per share for the quarter, beating analysts’ consensus estimates of $4.83 by $0.58. The company had revenue of $22.34 billion during the quarter, compared to analysts’ expectations of $22.55 billion. Anthem had a net margin of 4.60% and a return on equity of 12.77%. The firm’s revenue for the quarter was up .1% on a year-over-year basis. During the same period in the prior year, the company posted $4.68 EPS. sell-side analysts expect that Anthem Inc will post 15.38 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 25th. Shareholders of record on Friday, June 8th will be given a $0.75 dividend. The ex-dividend date is Thursday, June 7th. This represents a $3.00 dividend on an annualized basis and a yield of 1.28%. Anthem’s payout ratio is currently 24.92%.

In other news, SVP Ronald W. Penczek sold 1,966 shares of the company’s stock in a transaction dated Wednesday, March 7th. The shares were sold at an average price of $231.90, for a total value of $455,915.40. Following the sale, the senior vice president now owns 2,132 shares in the company, valued at approximately $494,410.80. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Joseph Swedish sold 27,846 shares of the company’s stock in a transaction dated Monday, March 5th. The shares were sold at an average price of $231.12, for a total transaction of $6,435,767.52. Following the completion of the sale, the insider now owns 84,545 shares in the company, valued at approximately $19,540,040.40. The disclosure for this sale can be found here. Over the last three months, insiders sold 135,264 shares of company stock valued at $30,794,160. 0.31% of the stock is currently owned by corporate insiders.

About Anthem

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.

Institutional Ownership by Quarter for Anthem (NYSE:ANTM)

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