Jefferies Group lifted their price objective on shares of Anthem from $204.00 to $211.00 and gave the company a "hold" rating in a report on Friday, October 13th. (NYSE:ANTM) by 17.2% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,040 shares of the company's stock after selling 839 shares during the quarter. Commerzbank Aktiengesellschaft FI's holdings in Anthem were worth $594,000 at the end of the most recent quarter. The institutional investor held 131,700 shares of the oil & gas production company at the end of 2017Q2, valued at $3.05 million, up from 58,700 at the end of the previous reported quarter. Skandinaviska Enskilda Banken AB publ raised its stake in shares of Anthem by 4.5% in the 3rd quarter. First Interstate Bank now owns 563 shares of the company's stock worth $107,000 after purchasing an additional 535 shares during the period.
Numeric Investors Llc, which manages about $14.26 billion and $11.30 billion US Long portfolio, decreased its stake in Hologic Inc (NASDAQ:HOLX) by 336,500 shares to 928,963 shares, valued at $42.16 million in 2017Q2, according to the filing. BlackRock Inc. increased its position in shares of Anthem by 2,873.5% in the first quarter. LLC now owns 6,085 shares of the company's stock worth $1,145,000 after buying an additional 1,619 shares during the period. State Street Corp now owns 11,362,446 shares of the company's stock valued at $1,879,127,000 after buying an additional 328,727 shares during the last quarter. FMR LLC increased its position in shares of Anthem by 8.2% in the first quarter. Following the completion of the transaction, the chairman now owns 87,668 shares of the company's stock, valued at approximately $20,289,005.24. Jefferies maintained the shares of ANTM in report on Friday, August 18 with "Hold" rating. Bank of America boosted their price target on shares of Anthem from $249.00 to $254.00 and gave the company a "buy" rating in a research note on Friday, November 17th. Finally, Credit Suisse Group started coverage on shares of Anthem in a research note on Thursday, November 2nd. They issued a "hold" rating and a $166.00 target price for the company. Finally, BidaskClub upgraded Anthem from a "hold" rating to a "buy" rating in a report on Thursday, October 26th. Eight research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. Anthem has a consensus rating of "Hold" and a consensus target price of $166.63. Jefferies Group LLC upped their target price on shares of Anthem from $172.00 to $177.00 and gave the company a "hold" rating in a report on Thursday, March 30th. The stock decreased 0.40% or $0.91 during the last trading session, reaching $226.21. About 3.40 million shares traded or 90.17% up from the average. The company has a quick ratio of 1.51, a current ratio of 1.51 and a debt-to-equity ratio of 0.53. If the published price targets set by Anthem, Inc. analysts have any power to influence the stock's share price, the highest price target set for ANTM is $300.
Anthem (NYSE:ANTM) last posted its quarterly earnings results on Wednesday, October 25th. The company reported $2.65 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $2.40 by $0.25. The business had revenue of $22.32 billion during the quarter, compared to analysts' expectations of $21.23 billion. Anthem had a net margin of 3.19% and a return on equity of 13.13%. Anthem's quarterly revenue was up 4.6% on a year-over-year basis.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 21st. Stockholders of record on Tuesday, December 5th will be given a dividend of $0.70 per share. It last reported revenues of $6.2 billion and EPS of $1.12 for the September 2017, representing -1% top-line growth and 1.28 EPS growth. The ex-dividend date is Monday, December 4th. Anthem's dividend payout ratio is now 25.32%.
Anthem declared that its board has approved a share buyback program on Thursday, December 7th that allows the company to repurchase $5.00 billion in outstanding shares. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Shares buyback plans are usually a sign that the company's board of directors believes its shares are undervalued. Also, insider Joseph Swedish sold 21,125 shares of the company's stock in a transaction dated Monday, October 2nd. The stock was sold at an average price of $181.58, for a total value of $486,815.98. The transaction was disclosed in a filing with the SEC, which is available through this link.
In other news, Director Julie A. Hill sold 1,602 shares of the company's stock in a transaction on Tuesday, November 7th. MANNY ROGER S sold $176,678 worth of stock or 10,757 shares. The disclosure for this sale can be found here. Insiders have sold a total of 65,955 shares of company stock worth $13,907,287 in the last ninety days. Company insiders own 0.36% of the company's stock.