Anthem Inc (ANTM) : Fjarde Ap-fonden Fourth Swedish National Pension Fund scooped up 2,030 additional shares in Anthem Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 14, 2016. The investment management firm now holds a total of 62,822 shares of Anthem Inc which is valued at $7,607,116.Anthem Inc makes up approximately 0.17% of Fjarde Ap-fonden Fourth Swedish National Pension Fund’s portfolio.
Other Hedge Funds, Including , National Pension Service boosted its stake in ANTM in the latest quarter, The investment management firm added 14,164 additional shares and now holds a total of 175,779 shares of Anthem Inc which is valued at $21,285,079. Anthem Inc makes up approx 0.17% of National Pension Service’s portfolio.Msi Financial Services Inc boosted its stake in ANTM in the latest quarter, The investment management firm added 1 additional shares and now holds a total of 3,174 shares of Anthem Inc which is valued at $384,054. Anthem Inc makes up approx 0.01% of Msi Financial Services Inc’s portfolio. Highland Capital Management sold out all of its stake in ANTM during the most recent quarter. The investment firm sold 28,036 shares of ANTM which is valued $3,392,356.Nisa Investment Advisors reduced its stake in ANTM by selling 7,030 shares or 5.49% in the most recent quarter. The Hedge Fund company now holds 121,119 shares of ANTM which is valued at $14,764,406. Anthem Inc makes up approx 0.19% of Nisa Investment Advisors’s portfolio.Washington Trust Bank boosted its stake in ANTM in the latest quarter, The investment management firm added 63 additional shares and now holds a total of 1,812 shares of Anthem Inc which is valued at $221,191. Anthem Inc makes up approx 0.05% of Washington Trust Bank’s portfolio.
Anthem Inc opened for trading at $121.18 and hit $121.81 on the upside on Friday, eventually ending the session at $121.09, with a gain of 0.07% or 0.09 points. The heightened volatility saw the trading volume jump to 12,80,818 shares. Company has a market cap of $31,867 M.
On the company’s financial health, Anthem Inc reported $3.33 EPS for the quarter, beating the analyst consensus estimate by $ 0.10 according to the earnings call on Jul 27, 2016. Analyst had a consensus of $3.23. The company had revenue of $21274.50 million for the quarter, compared to analysts expectations of $20512.60 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 $3.10 EPS.
Many Wall Street Analysts have commented on Anthem Inc. Shares were Downgraded by Jefferies on Sep 13, 2016 to ” Hold” and Lowered the Price Target to $ 138 from a previous price target of $156 .Shares were Reiterated by Barclays on Jul 28, 2016 to “Equal Weight” and Lowered the Price Target to $ 151 from a previous price target of $158 .
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.