Aetna Inc. (AET) - Technical Watch

Wednesday, 15 Nov, 2017

The Laurion Capital Management Lp holds 447,500 shares with $67.95M value, up from 70,000 last quarter.

Amid the topmost stocks in today's market is Aetna Inc. Westside Investment Management Inc. now owns 1,148 shares of the company's stock worth $177,000 after acquiring an additional 400 shares during the last quarter. About 639,901 shares traded. Aetna Inc.'s institutional ownership is 94%, while its institutional transactions stand at -0.17%. It has outperformed by 12.14% the S&P500. The company has market cap of $196.83 million. The BroadSoft Business solution is a communications and collaboration offering that enables telecommunications service providers to offer businesses and other enterprises UC features and functionalities on a cloud-delivered basis without the need for traditional premise private branch exchange (PBX) equipment. The Firm operates through two divisions: Electronic Systems and Structural Systems (SS). Aperio Grp Ltd Liability Corp owns 258,628 shares for 0.24% of their portfolio. Parkside National Bank & Tru holds 0.02% or 326 shares. Carroll Financial Assoc accumulated 6,808 shares or 0.12% of the stock.

Other hedge funds also recently bought and sold shares of the company. The company reported $2.45 EPS for the quarter, beating the Zacks' consensus estimate of $2.06 by $0.39. About 8,613 shares traded. Aetna Inc. has 329.7 million shares outstanding, and in the last trade has seen ATR around 4.41.

Since May 23, 2017, it had 2 buys, and 0 sales for $42,222 activity. Net profit margin of the company was recorded at 2.9 percent, operating profit margin was 5.3 percent, while gross profit margin stands at 0 percent. On Tuesday, May 16 Bertolini Mark T sold $14.58M worth of Aetna Inc (NYSE:AET) or 103,547 shares. Deerfield Management invested 1.05% of its portfolio in Aetna Inc (NYSE:AET).

Sio Capital Management Llc decreased Sanofi Sa (NYSE:SNY) stake by 88,800 shares to 181,622 valued at $8.70M in 2017Q2. Glaxosmithkline Plc (NYSE:GSK) was reduced too.

Among 23 analysts covering Aetna (NYSE:AET), 10 have Buy rating, 0 Sell and 13 Hold. Therefore 43% are positive. Aetna had 59 analyst reports since July 30, 2015 according to SRatingsIntel. Nine research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. They issued a "neutral" rating and a $174.00 target price for the company. Finally, Credit Suisse Group AG upgraded shares of Aetna from a "neutral" rating to an "outperform" rating and increased their price target for the company from $120.00 to $125.00 in a research report on Friday, November 11th. Aetna presently has a consensus rating of Buy and an average target price of $170.34. The firm has "Hold" rating given on Tuesday, October 31 by Cantor Fitzgerald. Oppenheimer maintained the stock with "Outperform" rating in Monday, April 3 report. The firm has "Overweight" rating given on Thursday, August 17 by Morgan Stanley. BMO Capital Markets maintained IAMGOLD Corp (USA) (NYSE:IAG) on Tuesday, November 7 with "Buy" rating. Argus reissued a buy rating and set a $185.00 target price (up from $165.00) on shares of Aetna in a research note on Tuesday, September 12th.

Investors sentiment decreased to 0.69 in 2017 Q2. Its up 0.41, from 0.84 in 2017Q1. It dropped, as 62 investors sold AET shares while 331 reduced holdings.

Institutional ownership refers to the ownership stake in a company that is held by large financial organizations, pension funds or endowments. The volume of AET witnessed a shift from 2.24 million shares, based on a 50-day average, to 2.15 million shares. Capital World Investors now owns 20,769,004 shares of the company's stock valued at $3,153,358,000 after buying an additional 1,688,767 shares in the last quarter. The authority will not be liable for anyone who makes stock portfolio or financial decisions as per the editorial, which is based only on limited and open source information. Highland Cap Mngmt Ltd Llc invested in 41,806 shares or 0.51% of the stock. The original version of this article can be viewed at https://www.truebluetribune.com/2017/11/14/teacher-retirement-system-of-texas-reduces-stake-in-aetna-inc-aet.html. United Svcs Automobile Association has 333,098 shares. That gives us a street projected return of 4.67%.

The stock decreased 1.99% or $0.12 on November 10, reaching $5.91. Nomura Asset Ltd has invested 0.23% in Aetna Inc (NYSE:AET). Parsec Fincl Mgmt holds 0.02% in Aetna Inc (NYSE:AET) or 1,999 shares. Finally, Highstreet Asset Management Inc. boosted its holdings in shares of Aetna by 105.5% in the 3rd quarter. Crestpoint Capital Management Lc reported 3,300 shares. California State Teachers Retirement Sys holds 23,980 shares or 0% of its portfolio.