Aetna Inc. (AET) Holdings Raised by Cipher Capital LP

Cipher Capital LP raised its position in Aetna Inc. (NYSE:AET) by 241.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 44,757 shares of the company’s stock after acquiring an additional 31,636 shares during the period. Aetna makes up approximately 0.5% of Cipher Capital LP’s holdings, making the stock its 22nd biggest holding. Cipher Capital LP’s holdings in Aetna were worth $7,117,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Capital World Investors boosted its stake in Aetna by 8.9% in the second quarter. Capital World Investors now owns 20,769,004 shares of the company’s stock valued at $3,153,358,000 after acquiring an additional 1,688,767 shares in the last quarter. FMR LLC boosted its stake in Aetna by 73.8% in the second quarter. FMR LLC now owns 13,736,800 shares of the company’s stock valued at $2,085,659,000 after acquiring an additional 5,833,567 shares in the last quarter. Janus Henderson Group PLC boosted its stake in Aetna by 9,446.2% in the second quarter. Janus Henderson Group PLC now owns 4,328,900 shares of the company’s stock valued at $657,255,000 after acquiring an additional 4,283,553 shares in the last quarter. UBS Asset Management Americas Inc. boosted its stake in Aetna by 7.5% in the second quarter. UBS Asset Management Americas Inc. now owns 2,553,496 shares of the company’s stock valued at $387,697,000 after acquiring an additional 177,364 shares in the last quarter. Finally, LSV Asset Management boosted its stake in Aetna by 8.7% in the second quarter. LSV Asset Management now owns 2,467,782 shares of the company’s stock valued at $374,683,000 after acquiring an additional 198,214 shares in the last quarter. Institutional investors own 90.93% of the company’s stock.

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Aetna Inc. (NYSE:AET) traded up $3.76 on Friday, reaching $174.76. 2,175,200 shares of the company’s stock were exchanged, compared to its average volume of 2,437,205. Aetna Inc. has a one year low of $116.04 and a one year high of $184.98. The company has a quick ratio of 0.53, a current ratio of 0.53 and a debt-to-equity ratio of 0.52. The stock has a market capitalization of $56,920.00, a PE ratio of 16.75, a price-to-earnings-growth ratio of 1.56 and a beta of 0.61.

Aetna (NYSE:AET) last released its quarterly earnings data on Tuesday, October 31st. The company reported $2.45 earnings per share for the quarter, beating analysts’ consensus estimates of $2.06 by $0.39. Aetna had a net margin of 2.93% and a return on equity of 21.84%. The company had revenue of $14.99 billion during the quarter, compared to analysts’ expectations of $15.12 billion. During the same quarter in the previous year, the company earned $2.07 earnings per share. The firm’s revenue for the quarter was down 5.0% on a year-over-year basis. analysts predict that Aetna Inc. will post 9.78 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 27th. Shareholders of record on Thursday, October 12th were issued a $0.50 dividend. The ex-dividend date was Wednesday, October 11th. This represents a $2.00 dividend on an annualized basis and a yield of 1.14%. Aetna’s payout ratio is 36.97%.

In other Aetna news, President Karen S. Lynch sold 15,271 shares of Aetna stock in a transaction on Monday, September 18th. The shares were sold at an average price of $161.91, for a total value of $2,472,527.61. Following the completion of the transaction, the president now owns 64,261 shares of the company’s stock, valued at $10,404,498.51. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Margaret M. Mccarthy sold 10,288 shares of Aetna stock in a transaction on Friday, September 15th. The shares were sold at an average price of $162.85, for a total transaction of $1,675,400.80. Following the completion of the transaction, the executive vice president now directly 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. 0.90% of the stock is currently owned by insiders.

Several research firms have recently commented on AET. Cantor Fitzgerald reiterated a “neutral” rating and set a $175.00 price objective on shares of Aetna in a research note on Monday, October 23rd. Citigroup Inc. lifted their price objective on shares of Aetna from $183.00 to $197.00 and gave the stock a “buy” rating in a research note on Thursday, November 2nd. Zacks Investment Research downgraded shares of Aetna from a “buy” rating to a “hold” rating in a research note on Tuesday, October 3rd. Argus reiterated a “buy” rating and set a $185.00 price objective (up from $165.00) on shares of Aetna in a research note on Tuesday, September 12th. Finally, BMO Capital Markets lifted their price objective on shares of Aetna from $175.00 to $200.00 and gave the stock a “market perform” rating in a research note on Friday, October 27th. Eleven investment analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $172.36.

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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