Blue Edge Capital LLC raised its stake in shares of Aetna Inc (NYSE:AET) by 3.9% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 10,309 shares of the company’s stock after buying an additional 386 shares during the period. Blue Edge Capital LLC’s holdings in Aetna were worth $1,860,000 as of its most recent SEC filing.
Several other large investors also recently modified their holdings of the business. Farallon Capital Management LLC acquired a new stake in shares of Aetna during the 4th quarter valued at $940,734,000. Janus Henderson Group PLC lifted its stake in shares of Aetna by 1.8% in the 3rd quarter. Janus Henderson Group PLC now owns 4,407,172 shares of the company’s stock valued at $700,784,000 after purchasing an additional 78,272 shares during the last quarter. OppenheimerFunds Inc. lifted its stake in shares of Aetna by 1.3% in the 4th quarter. OppenheimerFunds Inc. now owns 3,279,841 shares of the company’s stock valued at $591,650,000 after purchasing an additional 41,616 shares during the last quarter. Deutsche Bank AG lifted its stake in shares of Aetna by 57.5% in the 4th quarter. Deutsche Bank AG now owns 2,704,723 shares of the company’s stock valued at $487,900,000 after purchasing an additional 987,156 shares during the last quarter. Finally, Neuberger Berman Group LLC lifted its stake in shares of Aetna by 5.9% in the 3rd quarter. Neuberger Berman Group LLC now owns 1,487,570 shares of the company’s stock valued at $236,538,000 after purchasing an additional 82,540 shares during the last quarter. 87.25% of the stock is owned by institutional investors.
Several research firms recently issued reports on AET. ValuEngine raised shares of Aetna from a “hold” rating to a “buy” rating in a research note on Friday, February 2nd. Jefferies Group reaffirmed a “hold” rating and issued a $205.00 price objective on shares of Aetna in a research note on Wednesday, January 31st. Credit Suisse Group lifted their price objective on shares of Aetna from $200.00 to $208.00 and gave the company a “neutral” rating in a research note on Wednesday, January 31st. Citigroup lowered shares of Aetna from a “buy” rating to a “neutral” rating and lifted their price objective for the company from $187.89 to $212.00 in a research note on Wednesday, January 31st. Finally, Cowen reaffirmed a “buy” rating and issued a $212.00 price objective on shares of Aetna in a research note on Tuesday, January 30th. Nine investment analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of $189.50.
Aetna Inc (AET) opened at $172.06 on Tuesday. The company has a market cap of $56,858.57, a price-to-earnings ratio of 29.92, a P/E/G ratio of 1.40 and a beta of 0.65. Aetna Inc has a twelve month low of $124.84 and a twelve month high of $194.40. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 0.52.
Aetna (NYSE:AET) last announced its earnings results on Tuesday, January 30th. The company reported $1.25 EPS for the quarter, topping the consensus estimate of $1.18 by $0.07. The firm had revenue of $14.74 billion for the quarter, compared to the consensus estimate of $14.79 billion. Aetna had a net margin of 3.15% and a return on equity of 21.50%. The business’s quarterly revenue was down 6.2% on a year-over-year basis. During the same quarter last year, the firm posted $0.08 EPS. analysts expect that Aetna Inc will post 11.06 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Friday, April 27th. Investors of record on Thursday, April 12th will be issued a $0.50 dividend. The ex-dividend date of this dividend is Wednesday, April 11th. This represents a $2.00 annualized dividend and a yield of 1.16%. Aetna’s dividend payout ratio (DPR) is presently 34.78%.
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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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