Aetna Inc (AET) Shares Sold by Tokio Marine Asset Management Co. Ltd.

Tokio Marine Asset Management Co. Ltd. trimmed its stake in shares of Aetna Inc (NYSE:AET) by 28.1% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,058 shares of the company’s stock after selling 804 shares during the period. Tokio Marine Asset Management Co. Ltd.’s holdings in Aetna were worth $371,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of AET. GSA Capital Partners LLP purchased a new position in Aetna during the second quarter valued at $350,000. BlueCrest Capital Management Ltd purchased a new position in Aetna during the second quarter valued at $425,000. BB&T Investment Services Inc. purchased a new position in Aetna during the second quarter valued at $245,000. National Asset Management Inc. grew its stake in Aetna by 4.3% during the second quarter. National Asset Management Inc. now owns 2,859 shares of the company’s stock valued at $436,000 after acquiring an additional 119 shares in the last quarter. Finally, Colony Group LLC purchased a new position in Aetna during the second quarter valued at $241,000. 87.41% of the stock is owned by institutional investors.

Aetna Inc (NYSE: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 current ratio of 1.68, a quick ratio of 0.53 and a debt-to-equity ratio of 0.52. The company 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 released its quarterly earnings results on Tuesday, January 30th. The company reported $1.25 EPS for the quarter, topping analysts’ consensus estimates 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 analysts’ expectations of $14.79 billion. During the same period in the previous year, the company earned $0.08 EPS. The firm’s revenue for the quarter was down 6.2% compared to the same quarter last year. analysts predict that Aetna Inc will post 10.99 earnings per share for the current year.

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

Several equities analysts recently weighed in on AET shares. BMO Capital Markets raised their target price on shares of Aetna from $175.00 to $200.00 and gave the company a “market perform” rating in a research note on Friday, October 27th. Morgan Stanley cut shares of Aetna from an “overweight” rating to an “equal weight” rating and set a $179.00 target price for the company. in a research note on Wednesday, December 20th. Cantor Fitzgerald cut shares of Aetna from an “overweight” rating to a “neutral” rating in a research note on Thursday, October 26th. Zacks Investment Research raised shares of Aetna from a “hold” rating to a “strong-buy” rating and set a $184.00 price objective for the company in a research note on Wednesday, October 25th. Finally, Credit Suisse Group reissued a “neutral” rating and issued a $195.00 price objective (up from $174.00) on shares of Aetna in a research note on Wednesday, December 6th. Ten equities research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. Aetna presently has a consensus rating of “Buy” and a consensus target price of $185.94.

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About Aetna

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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