Anthem Inc (ANTM) : Senzar Asset Management added new position in Anthem Inc during the most recent quarter end. The investment management firm now holds 204,700 shares of Anthem Inc which is valued at $27.7 Million , the company said in a statement filed on May 13, 2016 with the SEC.Anthem Inc makes up approximately 5.43% of Senzar Asset Management’s portfolio.
Other Hedge Funds, Including , Dreman Value Management L L C added ANTM to its portfolio by purchasing 5,816 company shares during the most recent quarter which is valued at $788,126. Anthem Inc makes up approx 0.09% of Dreman Value Management L L C’s portfolio.Blackrock Investment Management boosted its stake in ANTM in the latest quarter, The investment management firm added 35,033 additional shares and now holds a total of 1,447,058 shares of Anthem Inc which is valued at $196.1 Million. Anthem Inc makes up approx 0.26% of Blackrock Investment Management’s portfolio.Mark Sheptoff Financial Planning reduced its stake in ANTM by selling 43 shares or 21.72% in the most recent quarter. The Hedge Fund company now holds 155 shares of ANTM which is valued at $21,004. Anthem Inc makes up approx 0.02% of Mark Sheptoff Financial Planning’s portfolio.Pacad Investment Ltd. boosted its stake in ANTM in the latest quarter, The investment management firm added 22,410 additional shares and now holds a total of 24,100 shares of Anthem Inc which is valued at $3.3 Million. Anthem Inc makes up approx 0.38% of Pacad Investment Ltd.’s portfolio.Trimtabs Asset Management reduced its stake in ANTM by selling 3,636 shares or 22.43% in the most recent quarter. The Hedge Fund company now holds 12,571 shares of ANTM which is valued at $1.7 Million. Anthem Inc makes up approx 1.01% of Trimtabs Asset Management’s portfolio.
Anthem Inc opened for trading at $129.2 and hit $131.38 on the upside on Wednesday, eventually ending the session at $130.96, with a gain of 1.93% or 2.48 points. The heightened volatility saw the trading volume jump to 42,54,912 shares. Company has a market cap of $34,436 M.
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.
Investors should note that on Apr 27, 2016, Anthem Inc announced a cash dividend of $0.6500. The company’s management has announced Jun 8, 2016 as the ex-dividend date and fixed the record date on Jun 10, 2016. The payable date has been fixed on Jun 24, 2016.
Many Wall Street Analysts have commented on Anthem Inc. Anthem Inc was Downgraded by Sterne Agee CRT to ” Neutral” on May 24, 2016.
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.