Anthem (NYSE: ANTM) had its high-priced target by Bank of America research badysts of $ 249.00 to $ 254.00 in a research report issued on Friday, November 17 . The company currently has a "buy" rating on the stock. The Bank of America's target price suggests a potential rise of 9.32% from the previous closing of the company.
Several other brokerages have also recently weighed in in SMTA. Jefferies Group increased its Anthem stock price target from $ 204.00 to $ 211.00 and gave the stock a "suspension" rating on a research report on Friday, October 13. Zacks Investment Research improved Anthem's stock from a "suspension" rating to a "buy" rating and set a target price of $ 207.00 in the stock in a research report on Wednesday, September 20. Morgan Stanley increased its Anthem stock price target from $ 196.00 to $ 201.00 and gave the company an "equal weight" rating on a research report on Thursday, August 17. Credit Suisse Group began the coverage of Anthem shares in a research report on Thursday, November 2. They established a "surpbad" rating and a price target of $ 234.00 in the stock. Finally, Cantor Fitzgerald reiterated a "buy" rating and set a target price of $ 215.00 on Anthem shares in a research report on Wednesday, October 18. Eight investment badysts have rated the share with a waiting rating and ten have granted a purchase rating to the company. The stock currently has an average "Buy" rating and an average target price of $ 201.07.
Anthem (NYSE: ANTM) opened at $ 232.34 on Friday. The company has a current index of 1.51, a quick ratio of 1.51 and a debt-to-equity ratio of 0.53. Anthem has a minimum of 1 year of $ 140.50 and a maximum of 1 year of $ 236.39. The company has a market capitalization of $ 59,655.62, a P / E ratio of 18.65, a price-earnings-growth ratio of 1.82 and a beta of 0.78.
Anthem (NYSE: ANTM) last published earnings results on Wednesday, October 25. The company reported $ 2.65 EPS for the quarter, exceeding the consensus estimate of $ 2.40 for $ 0.25. Anthem had a net margin of 3.35% and a return on capital of 12.97%. The company had revenues of $ 22,10 billion for the quarter, compared to the consensus of $ 22,10 billion. During the same quarter of the previous year, the company made profits of $ 2.45 per share. The company's quarterly revenues grew by 4.6% compared to the same quarter last year. stock research badysts predict that Anthem will publish 11.97 EPS for the current fiscal year.
In other Anthem news, the SVP Ronald W. Penczek sold 978 shares in a transaction on Tuesday, November 7. The shares were sold at an average price of $ 217.42, for a total transaction of $ 212,636.76. After the completion of the sale, the senior vice president now directly holds 1,222 shares of the company's stock, valued at $ 265,687.24. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. In addition, informant Joseph Swedish sold 21,125 shares in a transaction on Wednesday, November 1. The shares were sold at an average price of $ 209.85, for a total transaction of $ 4,433,081.25. After the sale, the insider now directly owns 87,668 shares of the company's stock, valued at $ 18,397,129.80. The disclosure of this sale can be found here. During the last ninety days, insiders sold 44,830 shares of the company valued at $ 9,018,328. 0.36% of the shares are owned by people with privileged information.
Several institutional investors have made changes in their positions in the stock recently. Vanguard Group Inc. increased its stake in Anthem shares by 2.8% during the second quarter. Vanguard Group Inc. now owns 17,804,726 shares of the company's stock worth $ 3,349,603,000 after buying 479,046 additional shares during the period. Orbis Allan Gray Ltd increased its share of Anthem shares by 4.3% during the second quarter. Orbis Allan Gray Ltd now owns 4,252,021 shares of the company's stock worth $ 799,933,000 after buying 176,023 additional shares during the period. Nordea Investment Management AB increased its participation in Anthem shares by 8.7% during the third quarter. Nordea Investment Management AB now holds 4,215,569 shares of the company with a value of $ 800,452,000 after buying 339,111 additional shares during the period. First Eagle Investment Management LLC increased its share of Anthem shares by 2.3% during the third quarter. First Eagle Investment Management LLC now owns 3,103,892 shares of the company's stock worth $ 589,367,000 after buying 71,119 additional shares during the period. Finally, Hotchkis & Wiley Capital Management LLC increased its share of Anthem shares by 0.5% during the third quarter. Hotchkis & Wiley Capital Management LLC now owns 2,393,810 shares of the company's stock worth $ 454,537,000 after buying an additional 12,975 shares during the period. 87.27% of the shares are owned by hedge funds and other institutional investors.
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Anthem, Inc. is a health benefits company. The Company operates through three segments: Commercial and specialized businesses, Government business and Others. It offers a range of managed care plans based on the network for large and small markets of employers, individuals, Medicaid and Medicare. Your managed care plans include organizations of preferred providers; health maintenance organizations; point of service plans; compensation plans and other hybrid plans, including health plans directed by consumers; and hospital only and products with limited benefits.
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