Accident Compensation Corp cut its holdings in Aetna Inc (NYSE:AET) by 20.8% during the 4th quarter, Holdings Channel reports. The firm owned 7,600 shares of the company’s stock after selling 2,000 shares during the period. Accident Compensation Corp’s holdings in Aetna were worth $1,371,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Janus Henderson Group PLC boosted its position in Aetna by 1.8% during the 3rd quarter. Janus Henderson Group PLC now owns 4,407,172 shares of the company’s stock valued at $700,784,000 after acquiring an additional 78,272 shares in the last quarter. Neuberger Berman Group LLC boosted its position in Aetna by 5.9% during the 3rd quarter. Neuberger Berman Group LLC now owns 1,487,570 shares of the company’s stock valued at $236,538,000 after acquiring an additional 82,540 shares in the last quarter. Orbimed Advisors LLC boosted its position in Aetna by 57.3% during the 3rd quarter. Orbimed Advisors LLC now owns 1,396,500 shares of the company’s stock valued at $222,057,000 after acquiring an additional 508,600 shares in the last quarter. Wells Fargo & Company MN boosted its position in Aetna by 4.2% during the 3rd quarter. Wells Fargo & Company MN now owns 1,365,596 shares of the company’s stock valued at $217,144,000 after acquiring an additional 54,928 shares in the last quarter. Finally, Schwab Charles Investment Management Inc. boosted its position in Aetna by 2.6% during the 4th quarter. Schwab Charles Investment Management Inc. now owns 1,235,475 shares of the company’s stock valued at $222,868,000 after acquiring an additional 30,799 shares in the last quarter. 87.10% of the stock is currently owned by institutional investors.

Shares of Aetna Inc (NYSE AET) opened at $177.38 on Tuesday. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.68 and a quick ratio of 0.53. Aetna Inc has a 12-month low of $121.01 and a 12-month high of $194.40. The company has a market capitalization of $57,840.00, a P/E ratio of 30.85, a PEG ratio of 1.43 and a beta of 0.60.

Aetna (NYSE:AET) last issued its quarterly earnings results on Tuesday, January 30th. The company reported $1.25 EPS for the quarter, topping analysts’ consensus estimates of $1.18 by $0.07. Aetna had a return on equity of 21.50% and a net margin of 3.15%. The firm had revenue of $14.74 billion for the quarter, compared to analysts’ expectations of $14.79 billion. During the same period in the previous year, the firm posted $0.08 EPS. The business’s revenue for the quarter was down 6.2% compared to the same quarter last year. research analysts predict that Aetna Inc will post 10.99 earnings per share for the current year.

The business also recently declared a quarterly dividend, which was paid on Friday, January 26th. Stockholders of record on Thursday, January 11th were given a $0.50 dividend. The ex-dividend date was Wednesday, January 10th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.13%. Aetna’s dividend payout ratio is currently 34.78%.

AET has been the topic of several research reports. ValuEngine raised Aetna from a “hold” rating to a “buy” rating in a research report on Sunday, December 31st. Piper Jaffray Companies raised Aetna from a “neutral” rating to an “overweight” rating and set a $136.00 price objective on the stock in a research report on Wednesday, January 3rd. Argus cut Aetna from a “buy” rating to a “hold” rating and set a $185.00 price objective on the stock. in a research report on Wednesday, December 6th. Morgan Stanley cut Aetna from an “overweight” rating to an “equal weight” rating and set a $179.00 price objective on the stock. in a research report on Wednesday, December 20th. Finally, Jefferies Group lifted their price objective on Aetna from $165.00 to $185.00 and gave the company a “hold” rating in a research report on Wednesday, November 1st. Ten research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of $185.94.

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Aetna Company Profile

Aetna Inc is a diversified healthcare benefits company. The Company operates through three segments: Health Care, Group Insurance and Large Case Pensions. It offers a range of traditional, voluntary and consumer-directed health insurance products and related services, including medical, pharmacy, dental, behavioral health, group life and disability plans, medical management capabilities, Medicaid healthcare management services, Medicare Advantage and Medicare Supplement plans, workers’ compensation administrative services and health information technology (HIT) products and services.

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Institutional Ownership by Quarter for Aetna (NYSE:AET)

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