Anthem Inc (ANTM) : James Investment Research Inc scooped up 73,581 additional shares in Anthem Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 25, 2016. The investment management firm now holds a total of 584,245 shares of Anthem Inc which is valued at $82,244,169.Anthem Inc makes up approximately 2.03% of James Investment Research Inc’s portfolio.
Anthem Inc closed down -0.29 points or -0.21% at $140.48 with 16,12,773 shares getting traded on Monday. Post opening the session at $141.68, the shares hit an intraday low of $139.72 and an intraday high of $142 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
Other Hedge Funds, Including , Jfs Wealth Advisors added ANTM to its portfolio by purchasing 25 company shares during the most recent quarter which is valued at $3,519.Regent Investment Management reduced its stake in ANTM by selling 300 shares or 9.54% in the most recent quarter. The Hedge Fund company now holds 2,845 shares of ANTM which is valued at $419,694. Anthem Inc makes up approx 0.23% of Regent Investment Management’s portfolio.Proffitt Goodson Inc boosted its stake in ANTM in the latest quarter, The investment management firm added 540 additional shares and now holds a total of 9,552 shares of Anthem Inc which is valued at $1,409,111. Anthem Inc makes up approx 0.79% of Proffitt Goodson Inc’s portfolio.Atria Investments boosted its stake in ANTM in the latest quarter, The investment management firm added 247 additional shares and now holds a total of 4,475 shares of Anthem Inc which is valued at $660,152. Anthem Inc makes up approx 0.07% of Atria Investments’s portfolio.
On the company’s financial health, Anthem Inc reported $3.46 EPS for the quarter, beating the analyst consensus estimate by $ 0.11 according to the earnings call on Apr 27, 2016. Analyst had a consensus of $3.35. The company had revenue of $20309.40 million for the quarter, compared to analysts expectations of $19764.50 million. The company’s revenue was up 7.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.14 EPS.
Many Wall Street Analysts have commented on Anthem Inc. Shares were Reiterated by RBC Capital Mkts on Jan 28, 2016 to “Outperform” and Lowered the Price Target to $ 182 from a previous price target of $193 .
Anthem Inc. is a health benefit company. The Company offers a range of network-based managed care plans to large and small employer individual Medicaid and Medicare markets. Its managed care plans include preferred provider organizations (PPOs) health maintenance organizations (HMOs) point-of-service (POS) plans traditional indemnity plans and other hybrid plans including consumer-driven health plans (CDHPs) and hospital only and limited benefit products. In addition the Company also provides an array of managed care services to self-funded customers including claims processing underwriting stop loss insurance actuarial services provider network access medical cost management disease management wellness programs and other administrative services. The Company provides an array of specialty and other insurance products and services such as dental vision life and disability insurance benefits radiology benefit management and analytics-driven personal health care.