Aetna Inc. (AET) Shares Bought by Sei Investments Co.
Sei Investments Co. increased its stake in Aetna Inc. (NYSE:AET) by 3.7% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 159,696 shares of the company’s stock after buying an additional 5,753 shares during the period. Sei Investments Co.’s holdings in Aetna were worth $18,437,000 as of its most recent filing with the SEC.
Several other large investors also recently added to or reduced their stakes in the company. FTB Advisors Inc. raised its stake in Aetna by 0.7% in the third quarter. FTB Advisors Inc. now owns 880 shares of the company’s stock valued at $101,000 after buying an additional 6 shares in the last quarter. Gerstein Fisher raised its stake in Aetna by 0.3% in the second quarter. Gerstein Fisher now owns 2,414 shares of the company’s stock valued at $295,000 after buying an additional 8 shares in the last quarter. Bancorpsouth Inc. raised its stake in Aetna by 0.4% in the second quarter. Bancorpsouth Inc. now owns 2,915 shares of the company’s stock valued at $356,000 after buying an additional 13 shares in the last quarter. Simmons Bank raised its stake in Aetna by 0.8% in the third quarter. Simmons Bank now owns 1,920 shares of the company’s stock valued at $221,000 after buying an additional 15 shares in the last quarter. Finally, DAVENPORT & Co LLC raised its stake in Aetna by 0.3% in the second quarter. DAVENPORT & Co LLC now owns 5,761 shares of the company’s stock valued at $704,000 after buying an additional 18 shares in the last quarter. 88.28% of the stock is owned by institutional investors and hedge funds.
Shares of Aetna Inc. (NYSE:AET) traded up 2.5938% during midday trading on Tuesday, hitting $131.7202. The stock had a trading volume of 1,167,149 shares. Aetna Inc. has a 1-year low of $92.42 and a 1-year high of $131.88. The company’s 50 day moving average price is $115.34 and its 200-day moving average price is $116.60. The firm has a market capitalization of $46.22 billion, a PE ratio of 18.9963 and a beta of 0.54.
Aetna (NYSE:AET) last announced its earnings results on Thursday, October 27th. The company reported $2.07 earnings per share for the quarter, topping the Zacks’ consensus estimate of $2.02 by $0.05. The firm earned $15.78 billion during the quarter, compared to analyst estimates of $15.71 billion. Aetna had a net margin of 3.91% and a return on equity of 16.25%. The company’s revenue for the quarter was up 5.5% compared to the same quarter last year. During the same period in the prior year, the business earned $1.90 EPS. Equities analysts predict that Aetna Inc. will post $8.02 earnings per share for the current year.
A number of research firms have recently issued reports on AET. Leerink Swann restated a “buy” rating and issued a $135.00 target price on shares of Aetna in a report on Thursday, August 4th. Zacks Investment Research lowered Aetna from a “buy” rating to a “hold” rating in a report on Monday, August 8th. FBR & Co restated a “hold” rating on shares of Aetna in a report on Wednesday, August 17th. Credit Suisse Group AG restated a “hold” rating and issued a $120.00 target price on shares of Aetna in a report on Wednesday, August 17th. Finally, Jefferies Group restated a “hold” rating on shares of Aetna in a report on Tuesday, September 6th. Seven research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. The company has an average rating of “Buy” and an average target price of $132.14.
In other Aetna news, Director Jeffrey E. Garten sold 7,100 shares of the business’s stock in a transaction dated Wednesday, September 7th. The shares were sold at an average price of $116.51, for a total transaction of $827,221.00. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Company insiders own 0.90% of the company’s stock.
Aetna Inc is a diversified healthcare benefits company. The Company operates through three segments: Health Care, Group Insurance and Large Case Pensions. The Health Care segment’s products and services consist of medical, pharmacy benefit management services, dental, behavioral health and vision plans offered on both an insured basis and an employer-funded, or administrative services contact, basis and emerging businesses products and services, such as accountable care solutions (ACS).
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