McKinley Carter Wealth Services Inc. increased its stake in Anthem Inc (NYSE:ANTM) by 14.7% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,328 shares of the company’s stock after purchasing an additional 1,070 shares during the period. McKinley Carter Wealth Services Inc.’s holdings in Anthem were worth $2,350,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds also recently added to or reduced their stakes in the company. Geode Capital Management LLC raised its position in Anthem by 8.8% during the 4th quarter. Geode Capital Management LLC now owns 3,387,625 shares of the company’s stock worth $888,145,000 after buying an additional 273,738 shares during the last quarter. Northern Trust Corp raised its position in Anthem by 1.9% during the 1st quarter. Northern Trust Corp now owns 3,122,110 shares of the company’s stock worth $895,982,000 after buying an additional 57,447 shares during the last quarter. Janus Henderson Group PLC raised its position in Anthem by 10.1% during the 1st quarter. Janus Henderson Group PLC now owns 2,245,114 shares of the company’s stock worth $644,305,000 after buying an additional 205,390 shares during the last quarter. Sanders Capital LLC raised its position in Anthem by 10.1% during the 2nd quarter. Sanders Capital LLC now owns 2,196,547 shares of the company’s stock worth $696,954,000 after buying an additional 201,400 shares during the last quarter. Finally, Sumitomo Mitsui Trust Holdings Inc. raised its position in Anthem by 7.3% during the 1st quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 1,184,357 shares of the company’s stock worth $339,887,000 after buying an additional 81,040 shares during the last quarter. Institutional investors own 87.53% of the company’s stock.
In related news, Director Robert L. Dixon, Jr. sold 520 shares of Anthem stock in a transaction on Friday, July 26th. The shares were sold at an average price of $294.11, for a total value of $152,937.20. Following the sale, the director now owns 9,971 shares of the company’s stock, valued at approximately $2,932,570.81. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Thomas C. Zielinski sold 8,826 shares of Anthem stock in a transaction on Tuesday, June 11th. The shares were sold at an average price of $283.92, for a total transaction of $2,505,877.92. Following the completion of the sale, the executive vice president now directly owns 33,183 shares in the company, valued at approximately $9,421,317.36. The disclosure for this sale can be found here. Insiders sold a total of 11,765 shares of company stock worth $3,327,092 in the last three months. 0.17% of the stock is owned by corporate insiders.
Shares of NYSE:ANTM traded up $1.43 during trading on Friday, hitting $275.54. 769,600 shares of the stock traded hands, compared to its average volume of 1,294,190. The company has a quick ratio of 1.64, a current ratio of 1.64 and a debt-to-equity ratio of 0.57. The company has a market cap of $70.12 billion, a price-to-earnings ratio of 17.34, a P/E/G ratio of 1.01 and a beta of 0.71. The company has a fifty day moving average price of $291.98 and a two-hundred day moving average price of $286.73. Anthem Inc has a 52-week low of $227.16 and a 52-week high of $317.99.
Anthem (NYSE:ANTM) last posted its earnings results on Wednesday, July 24th. The company reported $4.64 earnings per share for the quarter, beating the consensus estimate of $4.61 by $0.03. The firm had revenue of $25.20 billion during the quarter, compared to analyst estimates of $24.88 billion. Anthem had a net margin of 4.21% and a return on equity of 15.02%. The business’s quarterly revenue was up 10.9% on a year-over-year basis. During the same period in the previous year, the firm earned $4.25 EPS. On average, equities research analysts predict that Anthem Inc will post 19.35 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 25th. Investors of record on Tuesday, September 10th will be paid a $0.80 dividend. The ex-dividend date of this dividend is Monday, September 9th. This represents a $3.20 dividend on an annualized basis and a yield of 1.16%. Anthem’s dividend payout ratio is currently 20.14%.
Anthem Company Profile
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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