Traders are feeling more bearish on shares of the company lately if you consider the increase in short interest. The company had a rise in short interest from September 29, 2017 to October 13, 2017 of 16.11%. Short shares increased 905,238 over that period. The short-interest ratio increased to 5.0 and the short interest percentage is 0.03% as of October 13.
Here are a few substantial investment firms who have updated their positions. Finemark National Bank & Trust expanded its investment by buying 148 shares an increase of 5.8% from 06/30/2017 to 09/30/2017. Finemark National Bank & Trust currently owns 2,708 shares worth $514,000. The value of the position overall is up by 6.6%. Andra Ap-fonden added to its ownership by buying 4,900 shares an increase of 11.7% as of 09/30/2017. Andra Ap-fonden controls 46,800 shares valued at $8,886,000. The total value of its holdings increased 12.7%.
Clarkston Capital Partners, LLC trimmed its position by shedding 5,970 shares a decrease of 11.2%. Clarkston Capital Partners, LLC now controls 47,379 shares with a value of $8,996,000. The value of the position overall is down by 10.4%. As of the end of the quarter Dsam Partners (london) Ltd had sold a total of 171,348 shares trimming its holdings by 70.4%. The value of the total investment in Anthem, Inc. went from $45,810,000 to $13,701,000 a change of 70.1% since the last quarter.
On July 13 Deutsche Bank left the company rating at “Neutral” but raised the price target from $145.00 to $195.00. August 17 investment analysts at Morgan Stanley made no change to the stock rating of “Equal-Weight” and raised the price expectation to $201.00 from $196.00.
On October 26 Morgan Stanley kept the stock rating at “Equal-Weight” but raised the price expectation to $215.00 from $201.00.
The company is so far trading down by 0.12% since yesterday’s close of $209.21. Anthem, Inc. also recently declared a dividend payable on Thursday the 21st of December 2017. The dividend payment will be $0.700 per share for the quarter which comes to $2.80 on an annualized basis. The dividend yield will be $1.32. The ex-dividend date is Thursday September 7th, 2017.
The stock last traded at $209.21 barely above $191.43, the 50 day moving average and which is well above the 200 day moving average of $187.81. The 50 day moving average went up by +9.29% whereas the 200 day moving average was up $21.40 or +11.39%.
The company currently has a P/E ratio of 19.78 and market cap is 54.94B. As of the latest earnings report the EPS was $10.57 and is expected to be $11.94 for the current year with 262,584,000 shares currently outstanding. Next quarter’s EPS is expected be $4.14 and the next full year EPS is anticipated to be $12.94.
Anthem, Inc., launched on July 17, 2001, is a health benefits company. The Company operates through three segments: Commercial and Specialty Business, Government Business and Other. It offers a full spectrum 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; indemnity plans and other hybrid plans, including consumer-driven health plans (CDHPs); and hospital only and limited benefit products. In addition, it 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. It 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 healthcare. It also provides services to the federal government in connection with the Federal Employee Program (FEP)..