Wells Fargo & Company MN increased its position in Aetna Inc. (NYSE:AET) by 4.2% in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 1,365,596 shares of the company’s stock after acquiring an additional 54,928 shares during the quarter. Wells Fargo & Company MN owned about 0.42% of Aetna worth $217,144,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in AET. Bruderman Asset Management LLC purchased a new position in Aetna during the 2nd quarter valued at about $106,000. Lloyds Banking Group plc purchased a new position in Aetna during the 3rd quarter valued at about $106,000. Moisand Fitzgerald Tamayo LLC purchased a new position in Aetna during the 3rd quarter valued at about $116,000. Westside Investment Management Inc. grew its holdings in Aetna by 53.5% during the 2nd quarter. Westside Investment Management Inc. now owns 1,148 shares of the company’s stock valued at $177,000 after buying an additional 400 shares in the last quarter. Finally, Phocas Financial Corp. purchased a new position in Aetna during the 2nd quarter valued at about $182,000. 88.03% of the stock is owned by institutional investors.

Aetna Inc. (AET) traded down $0.45 during trading hours on Friday, reaching $179.73. The company had a trading volume of 1,793,251 shares, compared to its average volume of 2,451,876. The company has a quick ratio of 0.53, a current ratio of 0.53 and a debt-to-equity ratio of 0.52. Aetna Inc. has a one year low of $116.04 and a one year high of $192.37. The company has a market cap of $58,850.00, a P/E ratio of 17.52, a price-to-earnings-growth ratio of 1.63 and a beta of 0.61.

Aetna (NYSE:AET) last announced its quarterly earnings data on Tuesday, October 31st. The company reported $2.45 earnings per share for the quarter, beating 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 during the quarter, compared to the consensus estimate of $15.12 billion. During the same quarter in the previous year, the company posted $2.07 earnings per share. The business’s revenue was down 5.0% on a year-over-year basis. research analysts anticipate that Aetna Inc. will post 9.78 EPS for the current fiscal year.

AET has been the subject of several recent analyst reports. Piper Jaffray Companies reissued a “hold” rating and set a $187.00 price objective on shares of Aetna in a report on Friday, November 3rd. Zacks Investment Research lowered Aetna from a “buy” rating to a “hold” rating in a report on Thursday, November 2nd. Deutsche Bank boosted their price objective on Aetna from $157.00 to $163.00 and gave the stock a “hold” rating in a report on Monday, August 7th. Royal Bank Of Canada boosted their price objective on Aetna from $162.00 to $171.00 and gave the stock an “outperform” rating in a report on Friday, August 4th. Finally, BMO Capital Markets boosted their price objective on Aetna from $175.00 to $200.00 and gave the stock a “market perform” rating in a report on Friday, October 27th. Eleven analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $172.36.

In related news, President Karen S. Lynch sold 15,271 shares of the company’s stock in a transaction that occurred on 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 completion of the transaction, the president now owns 64,261 shares in the company, valued at $10,404,498.51. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, EVP Margaret M. Mccarthy sold 10,288 shares of the company’s stock in a transaction that occurred on Friday, September 15th. The shares were sold at an average price of $162.85, for a total value of $1,675,400.80. Following the transaction, the executive vice president now owns 33,563 shares of the company’s stock, valued at approximately $5,465,734.55. The disclosure for this sale can be found here. Insiders own 1.14% of the company’s stock.

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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.

Institutional Ownership by Quarter for Aetna (NYSE:AET)

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