Investors sold shares of Aetna Inc. (NYSE:AET) on strength during trading hours on Tuesday. $32.50 million flowed into the stock on the tick-up and $54.68 million flowed out of the stock on the tick-down, for a money net flow of $22.18 million out of the stock. Of all equities tracked, Aetna had the 0th highest net out-flow for the day. Aetna traded up $1.22 for the day and closed at $119.54

Several equities research analysts have recently issued reports on AET shares. Wells Fargo & Co. reissued a “buy” rating on shares of Aetna in a research note on Thursday, June 2nd. Zacks Investment Research lowered shares of Aetna from a “buy” rating to a “hold” rating in a research note on Thursday, May 5th. Royal Bank Of Canada increased their target price on shares of Aetna from $140.00 to $144.00 and gave the stock an “outperform” rating in a research note on Friday, April 29th. FBR & Co reissued a “hold” rating and set a $135.00 target price on shares of Aetna in a research note on Thursday, August 4th. Finally, Morgan Stanley reissued a “buy” rating on shares of Aetna in a research note on Tuesday, June 14th. Seven analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. Aetna presently has an average rating of “Buy” and a consensus target price of $133.15.

The company’s 50 day moving average price is $118.01 and its 200-day moving average price is $112.66. The firm has a market capitalization of $41.93 billion and a P/E ratio of 17.52.

Aetna (NYSE:AET) last issued its earnings results on Tuesday, August 2nd. The company reported $2.21 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $2.12 by $0.09. During the same period in the previous year, the firm earned $2.05 EPS. The firm earned $15.95 billion during the quarter, compared to analysts’ expectations of $15.69 billion. The firm’s revenue was up 4.7% on a year-over-year basis. Analysts expect that Aetna Inc. will post $8.06 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Friday, July 29th. Stockholders of record on Thursday, July 14th were issued a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 0.84%. The ex-dividend date was Tuesday, July 12th.

Several hedge funds have recently modified their holdings of the stock. BlackRock Investment Management LLC increased its stake in shares of Aetna by 8.7% in the fourth quarter. BlackRock Investment Management LLC now owns 2,457,584 shares of the company’s stock valued at $265,714,000 after buying an additional 197,530 shares during the last quarter. Affinity Investment Advisors LLC increased its stake in shares of Aetna by 0.8% in the fourth quarter. Affinity Investment Advisors LLC now owns 167,992 shares of the company’s stock valued at $18,163,000 after buying an additional 1,384 shares during the last quarter. American International Group Inc. increased its stake in shares of Aetna by 2.4% in the fourth quarter. American International Group Inc. now owns 139,624 shares of the company’s stock valued at $15,095,000 after buying an additional 3,256 shares during the last quarter. I.G. Investment Management LTD. increased its stake in shares of Aetna by 151.0% in the fourth quarter. I.G. Investment Management LTD. now owns 93,208 shares of the company’s stock valued at $10,078,000 after buying an additional 56,076 shares during the last quarter. Finally, Suntrust Banks Inc. increased its stake in shares of Aetna by 37.5% in the fourth quarter. Suntrust Banks Inc. now owns 38,673 shares of the company’s stock valued at $4,179,000 after buying an additional 10,556 shares during the last quarter.

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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