Aetna Inc (AET) Holdings Raised by First Business Financial Services Inc.

First Business Financial Services Inc. raised its position in shares of Aetna Inc (NYSE:AET) by 17.1% in the fourth quarter, HoldingsChannel.com reports. The fund owned 4,158 shares of the company’s stock after buying an additional 608 shares during the quarter. First Business Financial Services Inc.’s holdings in Aetna were worth $750,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in the business. Janus Henderson Group PLC boosted its holdings in Aetna by 1.8% during the third quarter. Janus Henderson Group PLC now owns 4,407,172 shares of the company’s stock valued at $700,784,000 after acquiring an additional 78,272 shares during the period. Neuberger Berman Group LLC boosted its holdings in Aetna by 5.9% during the third quarter. Neuberger Berman Group LLC now owns 1,487,570 shares of the company’s stock valued at $236,538,000 after acquiring an additional 82,540 shares during the period. Orbimed Advisors LLC boosted its holdings in Aetna by 57.3% during the third quarter. Orbimed Advisors LLC now owns 1,396,500 shares of the company’s stock valued at $222,057,000 after acquiring an additional 508,600 shares during the period. Wells Fargo & Company MN boosted its holdings in Aetna by 4.2% during the third quarter. Wells Fargo & Company MN now owns 1,365,596 shares of the company’s stock valued at $217,144,000 after acquiring an additional 54,928 shares during the period. Finally, Schwab Charles Investment Management Inc. boosted its holdings in Aetna by 2.6% during the fourth quarter. Schwab Charles Investment Management Inc. now owns 1,235,475 shares of the company’s stock valued at $222,868,000 after acquiring an additional 30,799 shares during the period. Institutional investors own 87.41% of the company’s stock.

Aetna Inc (AET) opened at $176.39 on Friday. Aetna Inc has a 52-week low of $121.01 and a 52-week high of $194.40. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.68 and a quick ratio of 0.53. The stock has a market cap of $57,000.00, a PE ratio of 30.68, a P/E/G ratio of 1.44 and a beta of 0.60.

Aetna (NYSE:AET) last posted its quarterly earnings results on Tuesday, January 30th. The company reported $1.25 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.18 by $0.07. Aetna had a net margin of 3.15% and a return on equity of 21.50%. The firm had revenue of $14.74 billion during the quarter, compared to analyst estimates of $14.79 billion. During the same quarter in the prior year, the business posted $0.08 earnings per share. The company’s quarterly revenue was down 6.2% compared to the same quarter last year. analysts expect that Aetna Inc will post 10.99 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Friday, January 26th. Investors of record on Thursday, January 11th were given a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 1.13%. The ex-dividend date was Wednesday, January 10th. Aetna’s dividend payout ratio (DPR) is presently 34.78%.

A number of research analysts have recently commented on AET shares. ValuEngine raised shares of Aetna from a “hold” rating to a “buy” rating in a research report on Friday, February 2nd. Jefferies Group reaffirmed a “hold” rating and set a $205.00 price objective on shares of Aetna in a research report on Wednesday, January 31st. Credit Suisse Group upped their price objective on shares of Aetna from $200.00 to $208.00 and gave the company a “neutral” rating in a research report on Wednesday, January 31st. Citigroup lowered shares of Aetna from a “buy” rating to a “neutral” rating and upped their price objective for the company from $187.89 to $212.00 in a research report on Wednesday, January 31st. Finally, Cowen reaffirmed a “buy” rating and set a $212.00 price objective on shares of Aetna in a research report on Tuesday, January 30th. Ten investment analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of $185.94.

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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.

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Institutional Ownership by Quarter for Aetna (NYSE:AET)

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