Vestpro Financial Partners Inc. dba CPF Texas purchased a new stake in Anthem Inc (NYSE:ANTM) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. It also reduced its holding in Dxc Technology Co by 313,519 shares in the quarter, leaving it with 468,360 shares, and cut its stake in Unitedhealth Group Inc (NYSE:UNH). Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Also, insider Joseph Swedish sold 67,500 shares of Anthem stock in a transaction dated Thursday, January 11th.
Shares of Anthem (NYSE ANTM) traded up $1.65 on Thursday, hitting $233.68. 1,008,002 shares of the company's stock traded hands, compared to its average volume of 1,684,347. The company has a current ratio of 1.55, a quick ratio of 1.51 and a debt-to-equity ratio of 0.66. The firm has a market cap of $59,335.15, a price-to-earnings ratio of 19.35, a price-to-earnings-growth ratio of 1.34 and a beta of 0.83. Anthem Inc has a twelve month low of $158.66 and a twelve month high of $267.95. Anthem, Inc. (NYSE:ANTM) has risen 31.86% since February 23, 2017 and is uptrending. The institutional investor held 8.87 million shares of the oil & gas production company at the end of 2017Q3, valued at $157.31M, down from 9.72 million at the end of the previous reported quarter. The company had revenue of $22.45 billion for the quarter, compared to analysts' expectations of $22.17 billion. Anthem had a return on equity of 12.29% and a net margin of 4.27%. The company's revenue for the quarter was up 4.5% compared to the same quarter past year. During the same quarter in the prior year, the business earned $1.76 EPS. research analysts expect that Anthem will post 15.09 EPS for the current fiscal year. The company was upgraded on Friday, April 28 by Cantor Fitzgerald. Stockholders of record on Friday, March 9th will be paid a $0.75 dividend. This represents a $3.00 dividend on an annualized basis and a dividend yield of 1.28%. This is an increase from Anthem's previous quarterly dividend of $0.70. The stock of TransCanada Corporation (NYSE:TRP) has "Buy" rating given on Thursday, March 31 by Citigroup. Anthem's dividend payout ratio is now 19.50%. Credit Suisse Group initiated coverage on shares of Anthem in a report on Thursday, November 2nd. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Stock repurchase programs are generally an indication that the company's leadership believes its shares are undervalued.
A number of brokerages recently weighed in on ANTM. Morgan Stanley boosted their price target on shares of Anthem from $201.00 to $215.00 and gave the company an "equal weight" rating in a report on Thursday, October 26th. Finally, Bank of America raised their price objective on Anthem from $249.00 to $254.00 and gave the company a "buy" rating in a report on Friday, November 17th. (NYSE:ANTM) earned "Equal-Weight" rating by Morgan Stanley on Thursday, February 1.
Among 24 analysts covering Anthem Inc (NYSE:ANTM), 15 have Buy rating, 0 Sell and 9 Hold. Bernstein maintained the stock with "Buy" rating in Thursday, January 25 report. (NYSE:ANTM) earned "Hold" rating by Jefferies on Wednesday, September 20. The stock has an average rating of "Buy" and a consensus price target of $230.80. The company was maintained on Thursday, September 14 by Cantor Fitzgerald. First Interstate Bank now owns 563 shares of the company's stock valued at $107,000 after acquiring an additional 535 shares during the period. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The shares were sold at an average price of $229.68, for a total value of $3,314,052.72. Causeway Capital Management Llc sold 854,520 shares as the company's stock declined 20.56% while stock markets rallied. The disclosure for this sale can be found here. Following the transaction, the insider now owns 134,043 shares of the company's stock, valued at approximately $31,616,722.41.
TRADEMARK VIOLATION WARNING: This piece of content was originally published by registrarjournal.com and is the sole property of of registrarjournal.com. If you are accessing this story on another domain, it was illegally stolen and reposted in violation of United States and global trademark and copyright legislation. The original version of this story can be accessed at https://baseballnewssource.com/markets/somewhat-positive-media-coverage-somewhat-unlikely-to-affect-anthem-antm-stock-price/1905439.html. Bloom Tree Partners Llc who had been investing in Anthem Inc for a number of months, seems to be bullish on the $60.09B market cap company. It operates through three divisions: Commercial and Specialty Business, Government Business, and Other. The firm offers a spectrum of network managed care health benefit plans to large and small employer, individual, Medicaid, and Medicare markets. Its managed care plans include preferred provider organizations; health maintenance organizations; point-of-service plans; indemnity plans and other hybrid plans, including consumer-driven health plans; and hospital only and limited benefit products.