DekaBank Deutsche Girozentrale lowered its position in Aetna Inc. (NYSE:AET) by 15.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 71,543 shares of the company’s stock after selling 13,524 shares during the quarter. DekaBank Deutsche Girozentrale’s holdings in Aetna were worth $11,404,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. River Wealth Advisors LLC lifted its stake in Aetna by 4.7% in the third quarter. River Wealth Advisors LLC now owns 7,037 shares of the company’s stock valued at $1,119,000 after buying an additional 315 shares during the last quarter. Ardevora Asset Management LLP purchased a new stake in Aetna in the third quarter valued at approximately $35,507,000. Rhumbline Advisers lifted its stake in Aetna by 3.1% in the third quarter. Rhumbline Advisers now owns 625,174 shares of the company’s stock valued at $99,409,000 after buying an additional 18,901 shares during the last quarter. Toronto Dominion Bank increased its holdings in shares of Aetna by 11.4% in the third quarter. Toronto Dominion Bank now owns 125,822 shares of the company’s stock valued at $20,004,000 after purchasing an additional 12,829 shares during the period. Finally, New York State Common Retirement Fund increased its holdings in shares of Aetna by 9.5% in the third quarter. New York State Common Retirement Fund now owns 967,810 shares of the company’s stock valued at $153,891,000 after purchasing an additional 84,210 shares during the period. Institutional investors own 90.93% of the company’s stock.

Aetna Inc. (AET) traded up $3.76 during midday trading on Friday, reaching $174.76. The company had a trading volume of 2,175,200 shares, compared to its average volume of 2,437,205. Aetna Inc. has a 1 year low of $116.04 and a 1 year high of $184.98. The stock has a market capitalization of $56,990.00, a P/E ratio of 16.75, a PEG ratio of 1.56 and a beta of 0.61. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.53 and a quick ratio of 0.53.

Aetna (NYSE:AET) last released its earnings results on Tuesday, October 31st. The company reported $2.45 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $2.06 by $0.39. Aetna had a return on equity of 21.84% and a net margin of 2.93%. The firm had revenue of $14.99 billion for the quarter, compared to the consensus estimate of $15.12 billion. During the same period in the prior year, the business posted $2.07 earnings per share. The firm’s revenue for the quarter was down 5.0% compared to the same quarter last year. sell-side analysts predict that Aetna Inc. will post 9.78 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Friday, October 27th. Investors of record on Thursday, October 12th were given a dividend of $0.50 per share. The ex-dividend date of this dividend was Wednesday, October 11th. This represents a $2.00 annualized dividend and a yield of 1.14%. Aetna’s dividend payout ratio (DPR) is presently 36.97%.

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In related news, President Karen S. Lynch sold 15,271 shares of the stock in a transaction dated Monday, September 18th. The stock was sold at an average price of $161.91, for a total transaction of $2,472,527.61. Following the transaction, the president now directly owns 64,261 shares in the company, valued at $10,404,498.51. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Margaret M. Mccarthy sold 10,288 shares of the firm’s stock in a transaction dated Friday, September 15th. The stock was sold at an average price of $162.85, for a total value of $1,675,400.80. Following the completion of the transaction, the executive vice president now owns 33,563 shares in the company, valued at $5,465,734.55. The disclosure for this sale can be found here. Corporate insiders own 0.90% of the company’s stock.

A number of research analysts have recently issued reports on AET shares. Jefferies Group LLC reissued a “hold” rating and issued a $163.00 target price (up previously from $157.00) on shares of Aetna in a report on Friday, August 4th. Zacks Investment Research raised Aetna from a “hold” rating to a “buy” rating and set a $174.00 target price on the stock in a report on Thursday, October 12th. Deutsche Bank AG boosted their target price on Aetna from $157.00 to $163.00 and gave the company a “hold” rating in a report on Monday, August 7th. BMO Capital Markets started coverage on Aetna in a report on Monday, October 16th. They issued a “market perform” rating and a $175.00 target price on the stock. Finally, Royal Bank Of Canada boosted their target price on Aetna from $162.00 to $171.00 and gave the company an “outperform” rating in a report on Friday, August 4th. Eleven equities research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $172.36.

Aetna 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.

Institutional Ownership by Quarter for Aetna (NYSE:AET)

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