Does Anthem, Inc. (ANTM) Have More Gas After Reaching All Time High?

Jonathan Soros decreased its stake in Anthem Inc (ANTM) by 42.42% based on its latest 2017Q3 regulatory filing with the SEC.

The Company ended its previous trading session at $241.42 with the loss of -1.35%. (NYSE:WTW) by 20,680 shares in the quarter, leaving it with 25,190 shares, and cut its stake in Corning Inc (NYSE:GLW). The company has market cap of $78.72 million. Vanguard Group Inc. now owns 17,804,726 shares of the company's stock valued at $3,349,603,000 after acquiring an additional 479,046 shares during the last quarter. After having $2.65 EPS previously, Anthem, Inc.'s analysts see -52.83 % EPS growth. UBS Asset Management Americas Inc. increased its holdings in Anthem by 80.6% during the 2nd quarter. Quadrant Capital Group LLC boosted its position in Anthem by 7.7% in the third quarter. LLC boosted its position in Anthem by 50.6% in the second quarter.

Several research analysts have recently commented on ANTM shares. Zacks Investment Research raised shares of Anthem from a "hold" rating to a "buy" rating and set a $207.00 price target for the company in a research report on Wednesday, September 20th. Piper Jaffray maintained the stock with "Buy" rating in Thursday, August 31 report. Investors of record on Tuesday, December 5th were given a $0.70 dividend. Morgan Stanley upped their target price on Anthem from $201.00 to $215.00 and gave the stock an "equal weight" rating in a research report on Thursday, October 26th. On Wednesday, January 3 the stock rating was initiated by Goldman Sachs with "Hold". Cowen reissued a "buy" rating and issued a $160.00 price objective on shares of Anthem in a research note on Thursday, September 21st. 115,273 shares were sold by Caruso Daniel, worth $4.00M. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Joseph Swedish sold 21,125 shares of the firm's stock in a transaction on Wednesday, November 1st. The stock was sold at an average price of $235.87, for a total value of $15,921,225.00. Following the sale, the senior vice president now directly owns 1,222 shares of the company's stock, valued at $265,687.24. The disclosure for this sale can be found here. (ANTM), there were 64 new positions totaling 3,234,562 shares of the company's stock. Corporate insiders own 0.36% of the company's stock.

Traders sold shares of Anthem Inc (NYSE:ANTM) on strength during trading on Tuesday after an insider sold shares in the company. About 1.92 million shares traded or 16.44% up from the average. The 8 months bullish chart indicates low risk for the $62.24 billion company. Anthem Inc has a 1-year low of $144.44 and a 1-year high of $243.80. When we look at the Volatility of the company, Week Volatility is at 1.39% whereas Month Volatility is at 1.52%.

Anthem, Inc. (ANTM) analysts on average have given a price target of $241.26 on ANTM stock. On a consensus basis, analysts have given a recommendation of 2.10 on company shares. Over the trailing year, the stock is underperforming the S&P 500 by 22.03, and it's gotten there by action that has been less volatile on a day-to-day basis than most other stocks on the exchange. During the same period in the previous year, the firm posted $2.45 EPS. equities analysts forecast that Anthem Inc will post 11.97 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 21st. This represents a $2.80 annualized dividend and a dividend yield of 1.16%. The ex-dividend date was Monday, December 4th. Anthem's dividend payout ratio (DPR) is now 25.32%. Following the completion of the transaction, the insider now owns 87,668 shares of the company's stock, valued at approximately $18,397,129.80. Stock buyback plans are generally a sign that the company's board of directors believes its shares are undervalued. (NYSE:ANTM) news was published by Businesswire.com which published an article titled: "Anthem, Inc". If you are viewing this story on another site, it was stolen and republished in violation of worldwide copyright and trademark law.

Meanwhile, during the same quarter Anthem, Inc.

Anthem, Inc is a health benefits company. The Company has three segments: 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.

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