Anthem, Inc. (NYSE:ANTM) Position Cut by Parsec Financial Management Inc

The shares were sold at an average price of $229.68, for a total transaction of $3,314,052.72. The company has 260.5 Million shares outstanding and 256.37 Million shares were floated in market. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

Anthem (NYSE ANTM) traded up $4.41 on Wednesday, hitting $247.85. Janus Henderson Group PLC now owns 1,161,736 shares of the company's stock worth $218,554,000 after purchasing an additional 1,122,159 shares during the last quarter. The company has a quick ratio of 1.51, a current ratio of 1.51 and a debt-to-equity ratio of 0.53. Anthem, Inc. (NYSE:ANTM) has risen 31.86% since January 28, 2017 and is uptrending. According to the Analysts, the Low Earnings estimate for the current quarter is $3.2, while the High earnings estimate is $5.88.Comparatively, EPS for the same quarter a year ago was $3.95. Anthem had a return on equity of 12.97% and a net margin of 3.35%. The business had revenue of $22.45 billion during the quarter, compared to analyst estimates of $22.17 billion. During the same quarter in the prior year, the firm earned $1.76 EPS. After $2.65 actual EPS reported by Anthem, Inc. for the previous quarter, Wall Street now forecasts -52.83% negative EPS growth.

Anthem announced that its Board of Directors has initiated a stock repurchase plan on Thursday, December 7th that allows the company to buyback $5.00 billion in shares. Shares buyback plans are generally an indication that the company's management believes its shares are undervalued.

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 23rd. Stockholders of record on Friday, March 9th will be issued a $0.75 dividend. This represents a $3.00 annualized dividend and a dividend yield of 1.21%. This is a boost from Anthem's previous quarterly dividend of $0.70.

Anthem's benefit expense ratio rose to 88.6 percent from 87.2 percent in the year-ago period.

Heads-up for Kate as she charms crowds in snowy Norway
We have been very fortunate to have spent much of the past two days in their welcoming company, including at their home in Haga. Such was the case when Middleton stepped out in Stockholm, Sweden, on the second day of her royal tour of Scandinavia.

Evercore ISI analysts noted that the 2018 guidance will be viewed as "good enough" and a likely conservative starting point, and said Anthem's stock could also see some recovery from Tuesday's Amazon-induced sell-off. Anthem accounts for about 0.6% of APG Asset Management N.V.'s holdings, making the stock its 26th biggest position. Xact Kapitalforvaltning AB grew its stake in Anthem by 1.9% during the 3rd quarter. APG Asset Management N.V. boosted its stake in shares of Anthem by 24.1% during the 3rd quarter. British Airways Pensions Investment Management Ltd now owns 191,646 shares of the company's stock valued at $36,380,000 after acquiring an additional 16,403 shares in the last quarter. Wealthcare Advisory Partners LLC purchased a new stake in Anthem during the 3rd quarter worth approximately $154,000.

3M Company (MMM) shares declined -1.01% and ended the day at $256.01. It also increased its holding in International Business Machs (NYSE:IBM) by 65,799 shares in the quarter, for a total of 234,220 shares, and has risen its stake in Equifax Inc (NYSE:EFX). Rival UnitedHealth Group Inc. and other companies have detailed similar benefits since Republican lawmakers and President Donald Trump sped a $1.5 trillion tax cut plan into law last month.

ANTM has been the subject of several other reports.

Springbok Capital Management Llc increased Shire Plc (SHPG) stake by 10997.62% reported in 2017Q3 SEC filing. RBC Capital Markets has "Buy" rating and $209.0 target. Following the completion of the sale, the director now owns 35,322 shares in the company, valued at $7,618,955.40. Cantor Fitzgerald upgraded the shares of ANTM in report on Friday, April 28 to "Overweight" rating. Of those analysts, 7 rate stock as a Strong Buy, 5 rate it as Hold, and just no analyst rates it as a Moderate Sell. Anthem presently has an average rating of "Hold" and a consensus target price of $180.00. Piper Jaffray Companies raised shares of Anthem from a "neutral" rating to an "overweight" rating and set a $151.00 price objective for the company in a research report on Wednesday, January 3rd. If you are viewing this report on another website, it was illegally copied and republished in violation of US and global copyright law. The correct version of this article can be read at https://www.dispatchtribunal.com/2018/01/31/anthem-inc-antm-evp-gloria-m-mccarthy-sells-14429-shares.html. The insider now holds 341 shares of Anthem, Inc.

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