Sei Investments Co. boosted its position in shares of Aetna Inc (NYSE:AET) by 6.3% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 243,780 shares of the company’s stock after purchasing an additional 14,435 shares during the quarter. Sei Investments Co.’s holdings in Aetna were worth $43,975,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Lloyds Banking Group plc acquired a new position in Aetna during the 3rd quarter worth $106,000. Cerebellum GP LLC acquired a new position in Aetna during the 4th quarter worth $125,000. Moisand Fitzgerald Tamayo LLC acquired a new position in Aetna during the 3rd quarter worth $116,000. Harel Insurance Investments & Financial Services Ltd. acquired a new position in Aetna during the 4th quarter worth $180,000. Finally, Signature Estate & Investment Advisors LLC acquired a new position in shares of Aetna in the 4th quarter valued at $182,000. 87.10% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Aetna Inc (NYSE AET) opened at $178.52 on Wednesday. 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 1 year low of $121.60 and a 1 year high of $194.40. The company has a market cap of $57,993.06, a price-to-earnings ratio of 18.05, a P/E/G ratio of 1.44 and a beta of 0.60.

Aetna (NYSE:AET) last released its quarterly earnings data on Tuesday, January 30th. The company reported $1.25 EPS for the quarter, beating the Zacks’ consensus estimate of $1.18 by $0.07. Aetna had a net margin of 3.15% and a return on equity of 21.50%. The business had revenue of $14.74 billion during the quarter, compared to analysts’ expectations of $14.79 billion. During the same quarter in the prior year, the company earned $0.08 EPS. The firm’s quarterly revenue was down 6.2% on a year-over-year basis. research analysts expect that Aetna Inc will post 10.99 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 26th. Investors of record on Thursday, January 11th were given a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.12%. The ex-dividend date was Wednesday, January 10th. Aetna’s dividend payout ratio is currently 34.78%.

AET has been the topic of a number of analyst reports. Citigroup increased their price target on Aetna from $183.00 to $197.00 and gave the company a “buy” rating in a research note on Thursday, November 2nd. ValuEngine raised Aetna from a “hold” rating to a “buy” rating in a research note on Sunday, December 31st. Deutsche Bank raised Aetna from a “hold” rating to a “buy” rating and increased their price target for the company from $195.00 to $212.00 in a research note on Monday, January 22nd. Piper Jaffray Companies reissued a “buy” rating and issued a $212.00 price target on shares of Aetna in a research note on Tuesday, January 30th. Finally, Cowen reissued a “buy” rating and issued a $212.00 price target on shares of Aetna in a research note on Tuesday, January 30th. Ten equities research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. The company currently has an average 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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